Restricted Common Shares definition

Restricted Common Shares means Common Shares which are, or which upon their issuance on the exercise of this Warrant would be, evidenced by a certificate bearing the restrictive legend set forth in Section 9.1.

Restricted Common Shares means Common Shares which are subject to Restrictions, and any new, additional or different securities a Participant may become entitled to receive with respect to such shares by virtue of a stock split or stock dividend or any other change in corporate or capital structure of U.S. Trust Corporation or the Corporation.

Restricted Common Shares means Class E Common Shares granted to a Participant under Article 6 that are subject to certain restrictions and to risk of forfeiture.

Examples of Restricted Common Shares in a sentence

• If the Restricted Common Shares in respect of which such securities or other property was issued are forfeited to the Company pursuant to Section 2(c) of this Agreement, then such securities or other property shall be immediately forfeited to the Company and automatically transferred to and reacquired by the Company at no cost to the Company, to the same extent and in accordance with Section 2(c) of this Agreement as if such securities or other property were Restricted Common Shares hereunder.

• The Company shall cooperate with each Holder of a Warrant and each holder of Restricted Common Shares in supplying such information as may be reasonably necessary for such holder to complete and file any information reporting forms presently or hereafter required by the Commission as a condition to the availability of an exemption from the Securities Act for the sale of any Warrant or Restricted Common Shares.

• In the event of the Trustee’s death or Disability, any Restricted Common Shares that are subject to the Period of Restriction on the date of death or Disability shall immediately vest and the Trustee or his or her heirs, executors, administrators or successors shall have the right and interest in such Restricted Common Shares.

• All cash distributions on the Restricted Common Shares shall be paid directly to the Trustee and shall not be held in escrow.

• In order to enforce the restrictions imposed upon shares of Restricted Common Shares hereunder, the Committee shall cause a legend or restrictions to be placed on certificates of Restricted Common Shares that are still subject to restrictions under Award Agreements, which legend or restrictions shall make appropriate reference to the conditions imposed thereby.

More Definitions of Restricted Common Shares

Restricted Common Shares means Common Shares awarded under Article 6 of this Plan.

Restricted Common Shares means Common Shares awarded or purchased under the Plan pursuant to a Restricted Common Share Agreement.

Restricted Common Shares means the five hundred Thousand (500,000) shares of the restricted common stock of the Company, representing part of the Securities being purchased pursuant to the terms of this Agreement.

Restricted Common Shares means the restricted common shares authorized for issuance pursuant to that certain CharterMac Amended and Restated Incentive Share Plan, dated as of November 26, 2003, awarded to the Continuing Employees at the Closing in the respective amounts and according to the vesting schedule set forth in Schedule VI attached hereto.

Restricted Common Shares means Common Shares awarded under Article VI of this Plan.

Restricted Common Shares means Common Shares subject to Section 83 Restrictions that have not yet lapsed and that are received by an Employee (1) as a special bonus or other compensation for services rendered to the Participating Employer or (2) because of the Employee's Equity Swap election with respect to an Annual Bonus or an LTIP Award.

Restricted Common Shares means Common Shares issued pursuant to Section 8.2.1 of the Plan that are subject to the vesting schedule described in Section 8.2.2 of the Plan. Each Restricted Common Share shall equal either one Earned Share or one Common Share on the vesting date, as provided in Section 8.2.2 of the Plan.