Common use of Restrictions on Transfer and Conversion Clause in Contracts

Restrictions on Transfer and Conversion. (a) The Company and the Executive acknowledge and agree that the Restricted Shares are subject to and restricted by the Shareholders’ Agreement and with respect to such Restricted Shares, the Executive shall be an “Investor” and a “Management Shareholder” as such terms are used in the Shareholders Agreement.

Appears in 9 contracts

Samples: Restricted Stock Agreement, Joinder Agreement (Generac Holdings Inc.), Restricted Stock Agreement (Generac Holdings Inc.)

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