Common use of Unrestricted Shares Clause in Contracts

Unrestricted Shares. As soon as practicable following the vesting of any Restricted Shares the Company shall cause a certificate or certificates covering such shares, without the legend contained in Section 6(a) of this Agreement, to be issued and delivered to the Participant, subject to the payment by the Participant by cash or other means acceptable to the Company of any federal, state, local and other applicable taxes required to be withheld in connection with such vesting. The Participant understands that once a certificate has been delivered to the Participant in respect of Restricted Shares which have vested, the Participant will be free to sell the shares of Common Stock evidenced by such certificate, subject to applicable requirements of federal and state securities laws.

Appears in 5 contracts

Samples: Restricted Stock Agreement (Thermo Fisher Scientific Inc.), Performance Restricted Stock Agreement (Thermo Fisher Scientific Inc.), Restricted Stock Agreement (Thermo Fisher Scientific Inc.)

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Unrestricted Shares. As soon as practicable following the vesting of any Restricted Shares the Company shall cause a certificate or certificates covering such shares, without the legend contained in Section Paragraph 6(a) of this Agreement), to be issued and delivered to the ParticipantRecipient, subject to the payment by the Participant Recipient by cash or other means acceptable to the Company of any federal, state, local and other applicable taxes required to be withheld in connection with such vesting. The Participant Recipient understands that once a certificate has been delivered to the Participant Recipient in respect of Restricted Shares which have vested, the Participant Recipient will be free to sell the shares of Common Stock common stock evidenced by such certificate, subject to applicable requirements of federal and state securities laws.

Appears in 5 contracts

Samples: Stock Option Agreement (Thermo Electron Corp), Restricted Stock Agreement (Thermo Electron Corp), Restricted Stock Agreement (Kadant Inc)

Unrestricted Shares. As soon as practicable following the vesting of any Restricted Shares the Company shall cause a certificate or certificates covering such shares, without the legend contained in Section 6(a) of this Agreement), to be issued and delivered to the ParticipantRecipient, subject to the payment by the Participant Recipient by cash or other means acceptable to the Company of any federal, state, local and other applicable taxes required to be withheld in connection with such vesting. The Participant Recipient understands that once a certificate has been delivered to the Participant Recipient in respect of Restricted Shares which have vested, the Participant Recipient will be free to sell the shares of Common Stock common stock evidenced by such certificate, subject to applicable requirements of federal and state securities laws.

Appears in 3 contracts

Samples: Thermo Fisher Scientific Inc., Plan and Agreement (Thermo Electron Corp), Plan and Agreement (Thermo Electron Corp)

Unrestricted Shares. As soon as practicable following the vesting of any Restricted Shares the Company shall cause a certificate or certificates covering such shares, without the legend contained in Section Paragraph 6(a) of this Agreement, to be issued and delivered to the ParticipantRecipient, subject to the payment by the Participant Recipient by cash or other means acceptable to the Company of any federal, state, local and other applicable taxes required to be withheld in connection with such vesting. The Participant Recipient understands that once a certificate has been delivered to the Participant Recipient in respect of Restricted Shares which have vested, the Participant Recipient will be free to sell the shares of Common Stock common stock evidenced by such certificate, subject to applicable requirements of federal and state securities laws.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Thermo Electron Corp), Restricted Stock Agreement (Thermo Electron Corp)

Unrestricted Shares. As soon as practicable following the vesting of any Restricted Shares Shares, the Company shall will cause a certificate or certificates covering such shares, without the legend contained in Section 6(a) of this Agreement), to be issued and delivered to the ParticipantRecipient, subject to the payment by the Participant Recipient by cash or other means acceptable to the Company of any federal, state, local and other applicable taxes required to be withheld in connection with such vesting, if any. The Participant Recipient understands that once a certificate has been delivered to the Participant Recipient in respect of Restricted Shares which have vested, the Participant Recipient will be free to sell the shares of Common Stock common stock evidenced by such certificate, subject to applicable requirements of federal and state securities lawslaws and Company policies.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Millennium Pharmaceuticals Inc), Restricted Stock Agreement (Millennium Pharmaceuticals Inc)

Unrestricted Shares. As soon as practicable following the vesting of any Restricted Shares the Company shall cause a certificate or certificates covering such shares, without the legend contained in Section 6(a) of this Agreement), to be issued and delivered to the ParticipantRecipient, subject to the payment by the Participant Recipient by cash or other means acceptable to the Company of any federal, state, local and other applicable taxes required to be withheld in connection with such vesting, if any. The Participant Recipient understands that once a certificate has been delivered to the Participant Recipient in respect of Restricted Shares which have vested, the Participant Recipient will be free to sell the shares of Common Stock common stock evidenced by such certificate, subject to applicable requirements of federal and state securities laws.. < 3

Appears in 1 contract

Samples: Restricted Stock Agreement (Thermo Electron Corp)

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Unrestricted Shares. As soon as practicable following the vesting of any Restricted Shares the Company shall cause a certificate or certificates covering such sharesshares (the "Unrestricted Shares"), without the legend contained in Section 6(a) of this Agreement, to be issued and delivered to the Participant, subject to the payment by the Participant by cash or other means acceptable to the Company of any federal, state, local and other applicable taxes required to be withheld in connection with such vesting. The Participant understands that once a certificate has been delivered to the Participant in respect of Restricted Shares which have vestedUnrestricted Shares, the Participant will be free to sell the shares of Common Stock evidenced by such certificate, subject to applicable requirements of federal and state securities lawslaws and the terms and conditions of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Agreement (Thermo Electron Corp)

Unrestricted Shares. As soon as practicable following the vesting of any Restricted Shares the Company shall cause a certificate or certificates covering such shares, without the legend contained in Section 6(a) of this Agreement), to be issued and delivered to the ParticipantRecipient, subject to the payment by the Participant Recipient by cash or other means acceptable to the Company of any federal, state, local and other applicable taxes required to be withheld in connection with such vesting, if any. The Participant Recipient understands that once a certificate has been delivered to the Participant Recipient in respect of Restricted Shares which have vested, the Participant Recipient will be free to sell the shares of Common Stock common stock evidenced by such certificate, subject to applicable requirements of federal and state securities laws.

Appears in 1 contract

Samples: Restricted Stock Agreement (Thermo Electron Corp)

Unrestricted Shares. As soon as practicable following the vesting of any Restricted Shares the Company shall cause a certificate or certificates covering such shares, without the legend contained in Section 6(a) of this AgreementParagraph 5(a), to be issued and delivered to the ParticipantRecipient, subject to the payment by the Participant Recipient by cash or other means acceptable to the Company of any federal, state, local and other applicable taxes required to be withheld in connection with such vesting. The Participant Recipient understands that once a certificate has been delivered to the Participant Recipient in respect of Restricted Shares which have vested, the Participant Recipient will be free to sell the shares of Common Stock common stock evidenced by such certificate, subject to applicable requirements of federal and state securities laws.

Appears in 1 contract

Samples: Restricted Stock Agreement (Kadant Inc)

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