VESTCOM STOCK Sample Clauses

The 'VESTCOM Stock' clause defines the terms and conditions related to the issuance, ownership, or treatment of stock associated with VESTCOM, which may be a specific entity or class of shares within an agreement. This clause typically outlines who holds the stock, any restrictions on transfer, and the rights or obligations attached to these shares, such as voting rights or dividend entitlements. Its core practical function is to clearly establish the rules governing VESTCOM stock within the context of the agreement, thereby preventing disputes and ensuring all parties understand their rights and responsibilities regarding these shares.
VESTCOM STOCK. The VESTCOM Stock to be delivered to the STOCKHOLDERS at the Consummation Date (i) shall constitute valid and legally issued shares of VESTCOM Stock, fully paid and nonassessable, and except as set forth in this Agreement, will be owned free and clear of all liens, security interests, pledges, charges, voting trusts, restrictions, encumbrances and claims of every kind created by VESTCOM, and (ii) will be legally equivalent in all respects to the VESTCOM Stock issued and outstanding as of the date hereof. The shares of VESTCOM Stock to be issued to the STOCKHOLDERS pursuant to this Agreement will not be registered under the 1933 ▇▇▇.
View SourceView Similar (5)
VESTCOM STOCK. The Dividend Access Shares and the Multiple Voting Share to be delivered to the STOCKHOLDERS at the Consummation Date shall constitute valid and legally issued shares of NEWCO and VESTCOM, respectively, fully paid and non-assessable, and except as set forth in this Agreement, will be owned free and clear of all Liens created by any person other than the
View Source
VESTCOM STOCK. The VESTCOM Stock to be delivered to the STOCKHOLDERS at the Consummation Date shall constitute valid and legally issued shares of VESTCOM Stock, fully paid and nonassessable, and except as set forth in this Agreement, will be owned free and clear of all liens, security interests, pledges, charges, voting trusts, restrictions, encumbrances and claims of every kind created by VESTCOM, and (ii) will be legally equivalent in all respects to the VESTCOM Stock issued and outstanding as of the date hereof. The shares -45- 53 of VESTCOM Stock to be issued to the STOCKHOLDERS pursuant to this Agreement will not be registered under the 1933 ▇▇▇.
View Source

Related to VESTCOM STOCK

  • Restricted Share Units Restricted Share Units means Restricted Share Units granted to Participant under the Plan subject to such terms and conditions as the Committee may determine at the time of issuance.

  • Restricted Stock Units Subject to the terms and conditions provided in this Agreement and the Plan, the Company hereby grants to the Grantee restricted stock units (the “Restricted Stock Units”) as of the Grant Date. Each Restricted Stock Unit represents the right to receive a Share of Common Stock if the Restricted Stock Unit becomes vested and non-forfeitable in accordance with Section 2 or Section 3 of this Agreement. The Grantee shall have no rights as a stockholder of the Company, no dividend rights and no voting rights with respect to the Restricted Stock Units or the Shares underlying the Restricted Stock Units unless and until the Restricted Stock Units become vested and non-forfeitable and such Shares are delivered to the Grantee in accordance with Section 4 of this Agreement. The Grantee is required to pay no cash consideration for the grant of the Restricted Stock Units. The Grantee acknowledges and agrees that (i) the Restricted Stock Units and related rights are nontransferable as provided in Section 5 of this Agreement, (ii) the Restricted Stock Units are subject to forfeiture in the event the Grantee’s Continuous Status as an Employee or Consultant or Non-Employee Director terminates in certain circumstances, as specified in Section 6 of this Agreement, (iii) sales of Shares of Common Stock delivered in settlement of the Restricted Stock Units will be subject to the Company’s policies regulating trading by Employees and Consultants, including any applicable “blackout” or other designated periods in which sales of Shares are not permitted, (iv) Shares delivered in settlement will be subject to any recoupment or “clawback” policy of the Company, regardless of whether such recoupment or “clawback” policy is applied with prospective or retroactive effect, and (v) any entitlement to dividend equivalents will be in accordance with Section 7 of this Agreement. The extent to which the Grantee’s rights and interest in the Restricted Stock Units becomes vested and non-forfeitable shall be determined in accordance with the provisions of Sections 2 and 3 of this Agreement.

  • Restricted Stock Unit Award Subject to the terms and conditions of the Plan and this Award Agreement, the Company hereby grants to the Participant the number of Restricted Stock Units indicated in the Notice of Grant (the “RSUs”). Each RSU represents one notional Share.

  • Restricted Shares Employee hereby accepts the Restricted Shares when issued and agrees with respect thereto as follows:

  • Restricted Stock Award Subject to the terms and conditions of the Plan and this Agreement, the Company hereby grants to the Participant Shares (the “Restricted Shares”), which shall vest and become nonforfeitable in accordance with Section 3 hereof.

Most Referenced Clauses

Most Referenced Definitions

AI Assistant