Examples of Parent Restricted Shares in a sentence
All New Parent Restricted Shares (and the related escrow account) that have not yet been vested (or paid, as applicable) as of the date of termination, shall be forfeited as of the date of termination.
The Executive acknowledges that the New Parent Restricted Shares will be subject to the terms and conditions set forth in this Agreement and shall be subject to a substantial risk of forfeiture and restrictions on transferability.
Section 4.4(d) shall apply to the Company repurchases of Common Parent Shares held by the Executive as a result of the vesting of New Parent Restricted Shares and to Company repurchases of Purchased Parent Shares.
Without limiting the generality of the foregoing, all cash payments to the Executive for 2001 Plan Options, 2004 Plan Options and RS shall be subject to applicable withholding, and the delivery of Common Parent Shares upon vesting of New Parent Restricted Shares shall be conditioned upon the Executive's satisfaction of all applicable withholding requirements by direct payment to the Parent, withholding from cash payments otherwise due to the Executive, or a combination thereof.
Section 4.4(d) shall apply to Company repurchases of Common Parent Shares held by the Executive as a result of the vesting of New Parent Restricted Shares and to Company repurchases of Purchased Parent Shares.