Common use of Restrictions on Shares Clause in Contracts

Restrictions on Shares. Any Shares issued pursuant to an Award shall be subject to such rights of repurchase, rights of first refusal and other transfer restrictions as the Committee may determine, in its sole discretion. Such restrictions shall apply in addition to any restrictions that may apply to holders of Shares generally and shall also comply to the extent necessary with Applicable Laws. In no event shall the Company be required to issue fractional Shares under this Plan.

Appears in 5 contracts

Samples: Share Incentive Plan (Tencent Music Entertainment Group), Share Incentive Plan (Tencent Music Entertainment Group), Share Option Agreement (Sina Corp)

AutoNDA by SimpleDocs

Restrictions on Shares. Any Shares issued pursuant to an Award shall be subject to such rights of repurchase, rights of first refusal and other transfer restrictions as the Committee may determine, in its sole discretion. Such restrictions shall apply in addition to any restrictions that may apply to holders of Shares generally and shall also comply to the extent necessary with Applicable Lawsapplicable law. In no event shall the Company be required to issue fractional Shares under this Plan.

Appears in 4 contracts

Samples: Stock Option Agreement (Global Ship Lease, Inc.), Stock Option Agreement (Foundry Networks Inc), Stock Unit Agreement (GSL Holdings, Inc.)

Restrictions on Shares. Any Shares issued pursuant to an Award shall be subject to (i) the Call Right under Section 15, where applicable, (ii) the restrictions on transfer under Section 4(h) and (iii) such other rights of repurchase, rights of first refusal and other transfer restrictions as the Committee may determine, in its sole discretion. Such restrictions shall apply in addition to any restrictions that may apply to holders of Shares generally and shall also comply to the extent necessary with Applicable Laws. In no event shall the Company be required to issue fractional Shares under this Plan.

Appears in 1 contract

Samples: Award Agreement (WEIBO Corp)

AutoNDA by SimpleDocs

Restrictions on Shares. Any Shares issued pursuant to an Award shall be subject to such rights of repurchase, rights of first refusal and other transfer restrictions as the Committee may determine, in its sole discretion. Such restrictions shall apply in addition to any restrictions that may apply to holders of Shares generally and shall also comply to the extent necessary with Applicable Lawsapplicable law. In no event shall the Company be required to issue fractional Shares under this Plan.. 7

Appears in 1 contract

Samples: Martha Stewart Living (Martha Stewart Living Omnimedia Inc)

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