Stock Restriction Agreement. The Administrator in its sole ---------------------------------------- discretion may require as a condition precedent to the exercise of the Option granted pursuant to Section 1.1, that the Grantee or such other person exercising the Option be, or shall execute and become, a party to a Stock Restriction Agreement in substantially the form attached to this Agreement as Exhibit A.
Stock Restriction Agreement. In connection with and as a condition of exercising this Option, Optionee hereby acknowledges and agrees to execute a Stock Restriction Agreement (or other agreement restricting Optionee’s rights in the Shares acquired or to be acquired by the exercise of this Option) by and between Optionee, the Company and/or one or more other holders of equity securities of the Company in the form that the Company provides at the time of exercise and as may be amended by the Company in its sole discretion from time to time.
Stock Restriction Agreement. The Corporation shall not be required to --------------------------- issue or deliver any share of Common Stock upon the exercise of any option granted under the 1992 Plan until the Optionee, or the holder of the option becomes a signatory to a stock restriction agreement with respect to all of his or her Common Stock, including all shares presently owned or hereinafter acquired. This Agreement will be substantially in the form of Exhibit "A" attached hereto.
Stock Restriction Agreement. All Option Shares issued pursuant to the exercise of the Option shall be subject to the terms and provisions of the Stock Restriction Agreement.
Stock Restriction Agreement. Prior to the Closing Date, any and all stock restriction agreements, buy/sell agreements, shareholder agreements or other similar agreements of the Company (the "Stock Restriction Agreement") shall be terminated in accordance with its terms and the parties thereto shall have released any and all claims arising under or relating to the Stock Restriction Agreement and its termination.
Stock Restriction Agreement. The Stock Restriction Agreement shall have been executed and delivered by the Company and Xxxxxxx X. Xxxxxxxxxxx.
Stock Restriction Agreement. To XxXxxxx, the Restriction Agreement, in connection with XxXxxxx’x receipt of the eDiets Shares, executed by eDiets in substantially the form attached hereto as Exhibit B;
Stock Restriction Agreement. On or prior to the Effective Date, Employee shall sign and return to the Company the Stock Restriction Agreement in the form attached hereto as Exhibit A.
Stock Restriction Agreement. Concurrent with the execution of this Agreement, Grantee shall execute and deliver to the Company the Agreement to be Bound by Stockholders' Agreement in substantially the form attached to this Agreement as Exhibit A. Execution and delivery of such Agreement shall be a condition precedent to the right to receive the Restricted Shares.
Stock Restriction Agreement. The founders and all other insider holders (officers, directors, or owners of 5% of the issued and outstanding shares of common stock) of the Company will be required to execute a 12 month lock up agreement, which shall provide an allowance for the sale of 50,000 shares of Common Stock per every ninety (90) days commencing on the first anniversary from trading on the OTC:BB. Further, any of the Company’s stockholders who hold more than two percent (2%) of the issued and outstanding shares of the Company’s Common Stock prior to DFF-I’s investment (except for shares held by Xxxxx Xxx personally) shall execute a stock restriction agreement allowing for the sale of no more than 10,000 shares per month commencing on the first day of trading on the OTC:BB.
