Common use of Stock Eligible for Holdback Clause in Contracts

Stock Eligible for Holdback. To satisfy his obligations under this Section, the following forms of Company stock shall be considered: (i) All vested and unvested shares awarded under the Company’s Equity Incentive Award Plan (the “Plan”), including restricted stock and performance shares but not including any vested but unexercised stock options; (ii) All stock beneficially owned by Executive and Executive’s spouse; and (iii) All stock held by any of Executive’s estate planning vehicles.

Appears in 8 contracts

Samples: Employment Agreement (NewStar Financial, Inc.), Termination Agreement and General Release (NewStar Financial, Inc.), Early Retirement Agreement (NewStar Financial, Inc.)

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