Terms of Restricted Stock. (a) Prior to the expiration of the Restricted Period the Participant shall not sell, transfer, pledge or otherwise encumber ("Transfer") the Restricted Stock and any such Transfer shall be void. After the Restricted Period the Participant shall not Transfer the Restricted Stock in any manner that could violate any securities laws or result in short swing profits.
Terms of Restricted Stock. The shares of Restricted Stock issued in settlement of the Performance Shares are subject to the following terms and conditions:
Terms of Restricted Stock. The grant of Restricted Stock provided in Section 1 hereof will be subject to the following terms, conditions and restrictions:
Terms of Restricted Stock. The grant of PARS provided in Section 1 hereof shall be subject to the following terms, conditions and restrictions:
Terms of Restricted Stock. (a) The Restricted Stock is subject to forfeiture as provided herein and, during the Restriction Period defined below, may not be sold, exchanged, transferred, pledged, hypothecated or otherwise disposed of by the Participant, other than by will or by the laws of descent and distribution of the state in which the Participant resides on the date of his death. The period during which the Restricted Stock is not vested and is subject to transfer restrictions is referred to herein as the "Restriction Period."
Terms of Restricted Stock. Employee hereby accepts the Restricted Stock and agrees with respect thereto as follows:
Terms of Restricted Stock. (a) This Article 2 sets out the terms applicable to any shares of Restricted Stock that may be delivered pursuant to Article 1 hereof. Subject to the terms and conditions of this Agreement, the Plan and the PSIP, the Restricted Stock payable to the Participant pursuant to Section 1.3, Section 1.5 or Section 1.6 shall be issued for good and valuable consideration, which the Company has determined to exceed the par value of the Company’s common stock.
Terms of Restricted Stock. Executive hereby accepts the Restricted Stock and agrees with respect thereto as follows:
Terms of Restricted Stock. The grant of RSUs provided in Section 1 hereof shall be subject to the following terms, conditions and restrictions:
Terms of Restricted Stock. The restricted stock issued pursuant to this ------------------------- offer will be issued pursuant to the plan. Our statements concerning the plan and the restricted stock are merely summaries and do not purport to be complete. Any such statements are subject to, and are qualified in their entirety by reference to, all provisions of the plan and the restricted stock agreement between you and us. A copy of the form of the restricted stock agreement has been provided to you with this offer to purchase and the letter of transmittal. Please contact us at the address and telephone number on the back cover of this offer to purchase to receive a copy of the plan. We will promptly furnish you a copy at our expense. Awards of restricted stock under the plan may be granted to any of our officers, key employees, directors or consultants. The shares of restricted stock you receive in exchange for your tendered options that are accepted for purchase will be subject to forfeiture and other restrictions until those shares vest. These restrictions include prohibitions against sale, exchange, transfer (including, without limitation, any transfer to a nominee or agent of a grantee), assignment, pledge, hypothecation or other disposal, including by operation of law. Your shares of restricted stock will vest ratably in three equal annual installments commencing on May 1, 2002, the first anniversary of the vesting record date. Therefore, you may receive restricted stock with a new vesting schedule in exchange for options that have already vested. If there is a "change in control" (as defined in your restricted stock agreement), to the extent your restricted stock is not fully vested, one-third of the shares of the restricted stock will immediately vest. Any remaining unvested shares after the change in control will continue to vest in one-third installments, as scheduled, on each anniversary of the vesting record date, until fully vested. You will generally forfeit any portion of the restricted stock you receive in this offer that is not vested when your service with us terminates for any reason. In such case, your unvested restricted stock will expire, and will not continue to vest, immediately upon the termination of your service with us for any reason. Notwithstanding the forgoing, (i) if you are terminated for dishonesty or other acts detrimental to our interests or (ii) if you compete with us or solicit our employees to leave our employ during the period of your service...
