Common use of Substitute Shares Clause in Contracts

Substitute Shares. Any shares or other security received as a result of any stock dividend, stock split, or reorganization will be subject to the same terms, conditions, and restrictions as those relating to the Restricted Stock granted under this Agreement.

Appears in 9 contracts

Samples: Restricted Stock Agreement (Kaydon Corp), Restricted Stock Agreement (Kaydon Corp), Restricted Stock Agreement (Kaydon Corp)

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Substitute Shares. Any shares or other security securities received as a result of any stock dividend, stock split, or reorganization will be subject to the same terms, conditions, and restrictions as those relating related to the Restricted Stock Performance Shares granted under this AgreementAward.

Appears in 1 contract

Samples: Award Agreement (Kaydon Corp)

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