Common use of Restrictions on New Shares Clause in Contracts

Restrictions on New Shares. Should the Holder receive any new, additional or different shares or securities by reason of any transaction or event described in Section 3.5(b), such new, additional or different shares or securities that are attributable to the Holder in his or her capacity as the registered owner of the Restricted Stock then subject to Restrictions, shall be considered Restricted Stock and shall be subject to all of the Restrictions, unless (a) the Committee provides, pursuant to Section 3.4, for the removal or lapse of the Restrictions on the shares of Restricted Stock underlying the distribution of the new, additional or different shares or securities, or (b) the Restrictions automatically lapse pursuant to Section 3.6(a).