Examples of Restricted Stock Notice in a sentence
A Grantee or the permitted transferee of a Grant shall have no rights as a shareholder with respect to any shares subject to such Grant prior to the purchase of such shares by exercise of an Option, or with respect to a Restricted Stock Award prior to the lapse of the restrictions, except as provided herein or in the applicable Stock Option Notice or Restricted Stock Notice.
The validity and construction of this Plan and of any Stock Option Notice or Restricted Stock Notice shall be governed by the laws of the State of Indiana.
Nothing contained herein, or in the Stock Option Notice or Restricted Stock Notice relating to any Grant shall create an obligation on the part of the Company to repurchase any shares of Common Stock purchased hereunder.
Nothing in the Plan, in the grant of any Option or Restricted Stock Award or in any Stock Option Notice or Restricted Stock Notice shall confer upon any Nonemployee Director the right to continue service as a member of the Board.
If any provision of the Plan or any Stock Option Notice or Restricted Stock Notice shall be determined to be illegal or unenforceable by any court of law in any jurisdiction, the remaining provisions hereof and thereof shall be severable and enforceable in accordance with their terms, and all provisions shall remain enforceable in any other jurisdiction.
Subject to the express provisions of the Plan, the Board shall have discretionary authority to interpret the Plan, to prescribe, amend and rescind rules and regulations relating to it, to determine the details and provisions of each Stock Option Notice and Restricted Stock Notice, and to make all the determinations necessary or advisable in the administration of the Plan.
The Company shall deliver to the Grantee a Restricted Stock Notice which shall set forth such terms and conditions of the Restricted Stock Award as may be determined by the Board to be consistent with the Plan, and which may include additional provisions and restrictions that are not inconsistent with the Plan.
The Board shall not be liable for any action or determination made in good faith with respect to the Plan, any Option or Restricted Stock Award or any Stock Option Notice or Restricted Stock Notice entered into hereunder.
As specified in the Restricted Stock Notice, CH2M HILL may require that the tax withholding obligation be satisfied by the withholding of shares in connection with the award made under the Plan.
The specific terms of each Restricted Stock award granted under the Plan shall be set forth in the Restricted Stock Notice.