Common use of Status of Restricted Shares Clause in Contracts

Status of Restricted Shares. With respect to the status of the Restricted Shares, at the time of execution of this Agreement Participant understands and agrees to all of the following: (a) Participant agrees that the Restricted Shares will not be sold or otherwise disposed of in any manner that would constitute a violation of any applicable securities laws, whether federal or state. (b) Participant agrees that (i) the Company may refuse to register the Restricted Shares on the stock transfer records of the Company if such proposed transfer would in the opinion of counsel satisfactory to the Company constitute a violation of any applicable securities law, and (ii) the Company may give related instructions to its transfer agent, if any, to stop registration of the Restricted Shares.

Appears in 2 contracts

Samples: Restricted Share Award Agreement (Core Laboratories Inc. /DE/), Restricted Share Award Agreement (Core Laboratories N V)

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Status of Restricted Shares. With respect to the status of the Restricted Shares, at the time of execution of this Agreement Participant understands and agrees to all of the following: (a) Participant Employee agrees that the Restricted Shares will not be sold or otherwise disposed of in any manner that which would constitute a violation of any applicable federal or state securities laws, whether federal or state. (b) Participant . Employee also agrees that (i) the certificates representing the Restricted Shares may bear such legend or legends as the Company deems appropriate in order to assure compliance with applicable securities laws, (ii the Company may refuse to register the transfer of the Restricted Shares on the stock transfer records of the Company if such proposed transfer would would, in the opinion of counsel satisfactory to the Company Company, constitute a violation of any applicable securities law, law and (iiiii) the Company may give related instructions to its transfer agent, if any, to stop registration of the transfer of the Restricted Shares.

Appears in 1 contract

Samples: Restricted Stock Agreement (Christopher & Banks Corp)

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Status of Restricted Shares. With respect to the status of the Restricted Shares, at the time of execution of this Agreement Participant understands and agrees to all of the following: (a) Participant Employee agrees that the Restricted Shares will not be sold or otherwise disposed of in any manner that which would constitute a violation of any applicable federal or state securities laws, whether federal or state. (b) Participant . Employee also agrees that (i) the certificates representing the Restricted Shares may bear such legend or legends as the Company deems appropriate in order to assure compliance with applicable securities laws, (ii) the Company may refuse to register the transfer of the Restricted Shares on the stock transfer records of the Company if such proposed transfer would would, in the opinion of counsel satisfactory to the Company Company, constitute a violation of any applicable securities law, law and (iiiii) the Company may give related instructions to its transfer agent, if any, to stop registration of the transfer of the Restricted Shares.

Appears in 1 contract

Samples: Restricted Stock Agreement (Christopher & Banks Corp)

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