Examples of Restricted Stock Program in a sentence
Any personal shares of stock held on deposit by Times Mirror under the Matching Bonus Restricted Stock Program will be returned to you at that time.
Only Non-Employee directors who did not elect, in 2003, to have their existing Director Pension Plan benefits converted into deferred restricted stock pursuant to the Deferred Restricted Stock Program continue to participate in the Director Pension Plan.
The Committee shall from time to time determine the Participants to whom Awards shall be granted pursuant to the Discretionary Stock Option Grant Program, the Restricted Stock Program and the Supplemental Bonus Program.
Shares of Restricted Stock may be issued under the Restricted Stock Program at the discretion of the Plan Administrator through direct and immediate issuances without any intervening option grants.
Awards may be granted under the Discretionary Option Grant Program, the Restricted Stock Program, the Restricted Stock Unit Program and the Director Automatic Grant Program.
The remaining terms of each Restricted Stock Award under the Director Automatic Grant Program shall be the same as the terms in effect for Restricted Stock Awards under the Restricted Stock Program.
Each determination, interpretation or other action made or taken by the Committee pursuant to the provisions of the Restricted Stock Program shall be conclusive and binding for all purposes and on all persons, including without limitation the Company, the stockholders of the Company, the Committee and each of the members thereof, the Board, officers and employees of the Company and the Employee-Participants and their respective successors in interest.
Awards may be granted under this Restricted Stock Program to persons who have previously received Awards or other benefits under this or other plans of the Company.
Employee-Participants shall be such key employees (including officers) of the Company and any present or future Subsidiary as the Committee, in its sole discretion, determines to be mainly responsible for the success and future growth and profitability of the Company and value to its stockholders and whom the Committee may designate from time to time to receive Awards under the Restricted Stock Program.
The Committee shall have the authority, subject to the provisions of the Restricted Stock Program, to establish, adopt and revise such rules and regulations relating to the Restricted Stock Program as it may deem necessary or desirable for the administration of the Restricted Stock Program.