Common use of Restrictions on Sales of Shares Clause in Contracts

Restrictions on Sales of Shares. By accepting the grant of the Restricted Stock Units, the Employee agrees not to sell any shares of Common Stock acquired in connection with the Restricted Stock Units other than as set forth in the Plan and at a time when applicable laws, Company policies or an agreement between the Company and its underwriters do not prohibit a sale.

Appears in 6 contracts

Samples: Unit and Restricted Stock Unit Agreement for Employees (Hanger, Inc.), Restricted Stock Unit Agreement for Employees (Hanger, Inc.), Restricted Stock Unit Agreement for Employees (Hanger, Inc.)

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Restrictions on Sales of Shares. By accepting the grant of the Restricted Stock Units, the Non-Employee Director agrees not to sell any shares of Common Stock acquired in connection with the Restricted Stock Units other than as set forth in the Plan and at a time when applicable laws, Company policies or an agreement between the Company and its underwriters do not prohibit a sale.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Hanger, Inc.), Restricted Stock Unit Agreement (Hanger, Inc.), Restricted Stock Unit Agreement for Non Employee Directors (Hanger, Inc.)

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