Common use of Section 16 Compliance Clause in Contracts

Section 16 Compliance. If the Participant is subject to Section 16 of the Exchange Act, except in the case of death or disability, or unless otherwise exempt, at least six months must elapse from the date of grant of the Restricted Stock Units hereunder to the date of the Participant’s disposition of such Restricted Stock Units or the underlying shares of stock.

Appears in 5 contracts

Samples: Credit Acceptance Corporation (Credit Acceptance Corp), Credit Acceptance Corporation (Credit Acceptance Corp), Restricted Stock Unit Award Agreement (Credit Acceptance Corp)

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Section 16 Compliance. If the Participant is subject to Section 16 of the Exchange Act, except in the case of death or disability, or unless otherwise exempt, at least six months must elapse from the date of grant vesting of the Restricted Stock Units granted hereunder to the date of the Participant’s disposition of such Restricted Stock Units or the underlying shares of stock.

Appears in 3 contracts

Samples: Credit Acceptance Corporation Restricted Stock Unit Award Agreement (Credit Acceptance Corp), Credit Acceptance Corporation Restricted Stock Unit Award Agreement (Credit Acceptance Corp), Credit Acceptance Corporation Restricted Stock Unit Award Agreement (Credit Acceptance Corp)

Section 16 Compliance. If the Participant is subject to Section 16 of the Exchange Act, except in the case of death or disability, or unless otherwise exempt, at least six months must elapse from the date of grant of the Restricted Stock Units hereunder to the date of the Participant’s disposition of such Restricted Stock Units or the underlying shares of stockUnits.

Appears in 1 contract

Samples: Credit Acceptance Corporation (Credit Acceptance Corp)

Section 16 Compliance. If the Participant is subject to Section 16 of the Exchange Act, except in the case of death or disability, or unless otherwise exempt, at least six months must elapse from the date of grant of the Restricted Stock Units hereunder to the date of the Participant’s 's disposition of such Restricted Stock Units or the underlying shares of stockUnits.

Appears in 1 contract

Samples: Director Restricted Stock Unit Award Agreement (Credit Acceptance Corp)

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Section 16 Compliance. If the Participant is subject to Section 16 of the Exchange Act, except in the case of death or disability, or unless otherwise exempt, at least six months must elapse from the date of grant vesting of the Restricted Stock Units granted hereunder to the date of the Participant’s 's disposition of such Restricted Stock Units or the underlying shares of stock.

Appears in 1 contract

Samples: Credit Acceptance Corporation

Section 16 Compliance. If the Participant is subject to Section 16 of the Exchange Act, except in the case of death or disability, or unless otherwise exempt, at least six months must elapse from the date of grant of the Restricted Stock Units hereunder to the date of the Participant’s disposition of such Restricted Stock Units or the underlying shares of stock.. \

Appears in 1 contract

Samples: Credit Acceptance Corporation (Credit Acceptance Corp)

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