Common use of Restricted Stock Awards Clause in Contracts

Restricted Stock Awards. Shares of Liberty Braves Common Stock that are subject to a restricted stock award granted under a stock incentive plan of Liberty Media (“Original Liberty Braves restricted stock awards”) will participate in the Redemption in the same manner as other outstanding shares of Liberty Braves Common Stock. Except as described herein, shares of SplitCo Common Stock received by such holders of Original Liberty Braves restricted stock awards (“SplitCo restricted stock awards”) will otherwise be subject, in all material respects, to the same terms and conditions (including the vesting terms thereof) as those applicable to such shares of Original Liberty Braves restricted stock awards immediately prior to the Effective Time.

Appears in 6 contracts

Samples: Reorganization Agreement (Liberty Media Corp), Reorganization Agreement (Atlanta Braves Holdings, Inc.), Reorganization Agreement (Liberty Media Corp)

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Restricted Stock Awards. Shares of Liberty Braves Ventures Common Stock that are subject to a restricted stock award granted under a stock incentive plan of Liberty Media LIC (“Original Liberty Braves restricted stock awardsVentures Restricted Stock Awards”) will participate in the Redemption in the same manner as other outstanding shares of Liberty Braves Ventures Common Stock. Except as described herein, shares of SplitCo Splitco Common Stock received by such holders of Original Liberty Braves restricted stock awards Ventures Restricted Stock Awards (“SplitCo restricted stock awardsSplitco Restricted Stock Awards”) will otherwise be subject, in all material respects, to the same terms and conditions (including the vesting terms thereof) as those applicable to such shares of Original Liberty Braves restricted stock awards Ventures Restricted Stock Awards immediately prior to the Effective Time.

Appears in 2 contracts

Samples: Reorganization Agreement (Liberty Expedia Holdings, Inc.), Reorganization Agreement (Liberty Expedia Holdings, Inc.)

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Restricted Stock Awards. Shares of Liberty Braves Ventures Common Stock that are subject to a restricted stock award granted under a stock incentive plan of Liberty Media LIC (“Original Liberty Braves restricted stock awardsVentures Restricted Stock Awards”) will participate in the Redemption Distribution in the same manner as other outstanding shares of Liberty Braves Ventures Common Stock. Except as described herein, shares of SplitCo Spinco Common Stock received by such holders of Original Liberty Braves restricted stock awards Ventures Restricted Stock Awards (“SplitCo restricted stock awardsSpinco Restricted Stock Awards”) will otherwise be subject, in all material respects, to the same terms and conditions (including the vesting terms thereof) as those applicable to such shares of Original Liberty Braves restricted stock awards Ventures Restricted Stock Awards immediately prior to the Effective Time.

Appears in 2 contracts

Samples: Reorganization Agreement (CommerceHub, Inc.), Reorganization Agreement (CommerceHub, Inc.)

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