Common use of Treatment of Restricted Stock Clause in Contracts

Treatment of Restricted Stock. Prior to the Effective Time, the Company’s board of directors (or, if appropriate, any committee thereof) shall adopt resolutions that provide that, immediately prior to or upon the Effective Time, any restrictions on any Shares of Restricted Stock granted pursuant to a Company Stock Plan shall lapse and such Shares of Restricted Stock shall vest. Each Share of Restricted Stock shall automatically be converted at the Effective Time into the right to receive the Merger Consideration in accordance with Section 2.01(a)(i) (each a, “Restricted Stock Payment”).

Treatment of Restricted Stock. Prior to the Effective Time, the Company’s board of directors Company Board (or, if appropriate, any committee thereof) shall adopt appropriate resolutions that to provide that, immediately prior to or upon the Effective Time, any each outstanding award of Shares subject to forfeiture restrictions on any Shares of or other restrictions (“Restricted Stock Stock”) granted pursuant to a Company Stock Plan or issued pursuant to the exercise of a Company Option shall lapse vest in full and all restrictions (including forfeiture restrictions) otherwise applicable to such vested Shares of Restricted Stock shall vest. Each lapse, and each such Share of Restricted Stock shall automatically be converted at the Effective Time into the right to receive the Merger Consideration treated in accordance with Section 2.01(a)(i) (each a, “Restricted Stock Payment”2.01(a).

Treatment of Restricted Stock. Prior to the Effective Time, the Company’s board of directors Company Board (or, if appropriate, any committee thereof) shall adopt appropriate resolutions that to provide that, immediately prior to or upon the Effective Time, any each outstanding award of Shares subject to forfeiture restrictions on any Shares of or other restrictions (“Restricted Stock Stock”) granted pursuant to a Company Stock Plan shall lapse vest in full and all restrictions (including forfeiture restrictions) otherwise applicable to such vested Shares of Restricted Stock shall vest. Each Share of Restricted Stock shall automatically be converted at the Effective Time into the right to receive the Merger Consideration in accordance with Section 2.01(a)(i) (each a, “Restricted Stock Payment”)lapse.

Treatment of Restricted Stock. Prior to the Effective Time, the Company’s board of directors (or, if appropriate, any committee thereof) shall adopt appropriate resolutions that to provide that, immediately prior to or upon the Effective Time, any each outstanding award of Shares subject to forfeiture restrictions on any Shares of or other restrictions (“Restricted Stock Stock”) granted pursuant to a Company Stock Plan shall lapse vest in full and all restrictions (including forfeiture restrictions) otherwise applicable to such vested Shares of Restricted Stock shall vest. Each Share of Restricted Stock shall automatically be converted at the Effective Time into the right to receive the Merger Consideration in accordance with Section 2.01(a)(i) (each a, “Restricted Stock Payment”)lapse.

Treatment of Restricted Stock. Prior to the Effective Time, the Company’s board of directors (or, if appropriate, any committee thereof) shall adopt appropriate resolutions that to provide that, immediately prior to or upon the Effective Time, any each outstanding award of Shares subject to forfeiture restrictions on any Shares of or other restrictions (such stock that is not Performance-Based Restricted Stock Stock, “Restricted Stock”) granted pursuant to a Company Stock Plan shall lapse vest in full and all restrictions (including forfeiture restrictions) otherwise applicable to such vested Shares of Restricted Stock shall vest. Each Share of Restricted Stock shall automatically be converted at the Effective Time into the right to receive the Merger Consideration in accordance with Section 2.01(a)(i) (each a, “Restricted Stock Payment”)lapse.