Restricted definition
Examples of Restricted in a sentence
The Restricted Stock Units shall not be transferable other than by will or by the laws of descent and distribution.
The Additional Restricted Stock Units so credited shall be subject to the same terms and conditions as the Restricted Stock Units granted pursuant to this Agreement and the Additional Restricted Stock Units shall be forfeited in the event that the Restricted Stock Units with respect to which the dividend equivalents were credited are forfeited.
The Participant will not make any claim against the Company, or any of its officers, directors, employees or Affiliates related to tax liabilities arising from the Restricted Stock Units or the Participant’s other compensation.
Any fractional Restricted Stock Unit resulting from such calculation shall be included in the Additional Restricted Stock Units.
The Restricted Stock Units granted pursuant to this Agreement do not and shall not entitle the Participant to any rights of a shareholder of Common Stock.