Common use of The nature of the restriction(s Clause in Contracts

The nature of the restriction(s. to which the property is subject: The shares of restricted stock are forfeitable and not transferable until the Vesting date and only then if all of the conditions set forth in Section 2 off the Restricted Stock Agreement have occurred or been satisfied.

Appears in 4 contracts

Samples: Restricted Stock Agreement (Valley Financial Corp /Va/), Restricted Stock Agreement (Valley Financial Corp /Va/), Restricted Stock Agreement (Valley Financial Corp /Va/)

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