Restrictions on Sale of Securities. The Shares issued upon exercise of this SAR will be registered under the federal securities laws and will be freely tradable upon receipt. However, your subsequent sale of the Shares will be subject to any market blackout-period that may be imposed by the Company and must comply with the Company’s xxxxxxx xxxxxxx policies, and any other applicable securities laws.
Appears in 4 contracts
Samples: Employment Agreement (Echelon Corp), Stock Appreciation Right Agreement (Echelon Corp), Stock Appreciation Right Agreement (Echelon Corp)
Restrictions on Sale of Securities. The Subject to the provisions of paragraph 9 above, the Shares issued upon exercise of this SAR will be registered under the U.S. federal securities laws and will be freely tradable upon receipt. However, your subsequent sale of the Shares will be subject to any market blackout-period that may be imposed by the Company and must comply with the Company’s xxxxxxx xxxxxxx policies, and any other applicable securities laws.
Appears in 2 contracts
Samples: Stock Appreciation Right Agreement (Echelon Corp), Stock Appreciation Right Agreement (Echelon Corp)
Restrictions on Sale of Securities. The Subject to the provisions of paragraph 9 above, the Shares issued upon exercise of this SAR will be registered under the U.S. federal securities laws and will be freely tradable upon receipt. However, your the Employee’s subsequent sale of the Shares will be subject to any market blackout-period that may be imposed by the Company and must comply with the Company’s xxxxxxx xxxxxxx policies, and any other applicable securities laws.
Appears in 1 contract
