Common use of Restrictions on New Shares Clause in Contracts

Restrictions on New Shares. In the event that the Holder receives any new or additional or different shares or securities by reason of any transaction or event described in Section 2.7, such new or additional or different shares or securities which are attributable to the Holder in his capacity as the registered owner of the Restricted Stock then subject to Restrictions, shall be considered to be Restricted Stock and shall be subject to all of the Restrictions, unless the Board expressly provides for the removal or lapse of the Restrictions on the shares of Restricted Stock underlying the distribution of the new or additional shares or securities, and all of the other restrictions contained in this Agreement.

Appears in 3 contracts

Samples: Restricted Stock Agreement, Restricted Stock Agreement (Chay Enterprises, Inc.), Restricted Stock Agreement (Chay Enterprises, Inc.)

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Restrictions on New Shares. In the event that the Holder receives any new or additional or different shares or securities by reason of any transaction or event described in Section 2.715.1 of the Plan, such new or additional or different shares or securities which are attributable to the Holder in his capacity as the registered owner of the Restricted Stock then subject to Restrictions, shall be considered to be Restricted Stock and shall be subject to all of the Restrictions, unless the Board expressly provides Committee provides, for the removal or lapse of the Restrictions on the shares of Restricted Stock underlying the distribution of the new or additional shares or securities, and all of the other restrictions contained in this Agreement.

Appears in 3 contracts

Samples: Restricted Stock Agreement (WebMD Health Corp.), Restricted Stock Agreement (Emdeon Corp), Restricted Stock Agreement (WebMD Health Corp.)

Restrictions on New Shares. In the event that the Holder receives any new or additional or different shares or securities by reason of any transaction or event described in Section 2.715.1 of the Plan, such new or additional or different shares or securities which are attributable to the Holder in his Holder’s capacity as the registered owner of the Restricted Stock then subject to Restrictions, shall be considered to be Restricted Stock and shall be subject to all of the Restrictions, unless the Board expressly provides Committee provides, for the removal or lapse of the Restrictions on the shares of Restricted Stock underlying the distribution of the new or additional shares or securities, and all of the other restrictions contained in this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Agreement (WebMD Health Corp.), Restricted Stock Agreement (WebMD Health Corp.)

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Restrictions on New Shares. In the event that the Holder receives any new or additional or different shares or securities by reason of any transaction or event described in Section 2.7, such new or additional or different shares or securities which are attributable to the Holder in his capacity as the registered owner of the Restricted Stock then subject to Restrictions, shall be considered to be Restricted Stock and shall be subject to all of the Restrictions, unless the Board expressly provides Committee provides, for the removal or lapse of the Restrictions on the shares of Restricted Stock underlying the distribution of the new or additional shares or securities, and all of the other restrictions contained in this Agreement.

Appears in 1 contract

Samples: Restricted Stock Agreement (Lev Pharmaceuticals Inc)

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