Common use of Restrictions on Resale Clause in Contracts

Restrictions on Resale. The Grantee hereby agrees not to sell any Shares at a time when Applicable Laws, Company policies or an agreement between the Company and its underwriters prohibit a sale. This restriction will apply as long as the Grantee’s Continuous Service continues and for such period of time after the termination of the Grantee’s Continuous Service as the Company may specify.

Appears in 5 contracts

Samples: Long Term Incentive Award Agreement (Essex Portfolio Lp), Long Term Incentive Award Agreement (Essex Portfolio Lp), 2018 Long Term Incentive Award (Essex Portfolio Lp)

AutoNDA by SimpleDocs

Restrictions on Resale. The Grantee hereby agrees not to sell any Shares shares that have been issued pursuant to the vested Restricted Stock Units at a time when Applicable Lawsapplicable laws, Company policies company policies, or an agreement between the Company and its underwriters prohibit a sale. This restriction will shall apply as long as the Grantee’s Continuous Grantee is providing Service continues and for such period of time after the termination of the Grantee’s Continuous termination of Service as the Company may specify.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Deckers Outdoor Corp), Restricted Stock Unit Award Agreement (Deckers Outdoor Corp), Restricted Stock Unit Award Agreement (Deckers Outdoor Corp)

Restrictions on Resale. The Grantee hereby agrees not to sell any Shares shares that have been issued pursuant to the vested Stock Units at a time when Applicable Lawsapplicable laws, Company policies company policies, or an agreement between the Company and its underwriters prohibit a sale. This restriction will shall apply as long as the Grantee’s Continuous Grantee is providing Service continues and for such period of time after the termination of the Grantee’s Continuous termination of Service as the Company Administrator may specify.

Appears in 2 contracts

Samples: Stock Unit Award Agreement (Deckers Outdoor Corp), Stock Unit Award Agreement (Deckers Outdoor Corp)

AutoNDA by SimpleDocs

Restrictions on Resale. The Grantee hereby agrees not to sell any Shares at a time when Applicable Lawsapplicable laws, Company policies or an agreement between the Company and and/or its underwriters prohibit a sale. This restriction (if any) will apply as long as the Grantee’s Continuous Service continues and for such period of time after the termination of the Grantee’s Continuous Service as the Company may specify.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Energy Recovery, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!