Common use of Stock Restriction Agreements Clause in Contracts

Stock Restriction Agreements. If any officer, employee or consultant (including each Key Employee) receives any shares of Class B Common Stock or rights or options to purchase shares of Class B Common Stock pursuant to a stock purchase or option plan or other employee stock incentive program, cause each such officer, employee and consultant to execute and deliver an agreement in a form as deemed appropriate by the affirmative vote of a majority of the members of the Board of Directors.

Appears in 4 contracts

Samples: Preferred Stock Purchase Agreement (Furniture Com Inc), Common Stock Purchase Agreement (Furniture Com Inc), Stock Purchase Agreement (Furniture Com Inc)

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