Examples of Restricted Stock Share in a sentence
Any cash dividends paid on a Restricted Stock Share shall be automatically reinvested in additional Restricted Stock Shares or held in kind, which shall be subject to the same terms as applied to the original Restricted Stock to which it relates.
The Employer and Executive acknowledge and agree that the restrictive covenants in Article V in this Agreement supersede and replace in their entirety the restrictive covenants in any Restricted Stock Share Grant Agreement between Orrstown and Executive entered into prior to the date of this Agreement.
Awards under this Plan include Incentive Stock Options, Nonqualified Stock Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Dividend Equivalent Rights, Performance Units, Performance Share Units, Performance-Based Restricted Stock, Share Awards and Cash Incentive Awards (as each term is herein defined).
The terms, conditions and restrictions which the Committee shall have the power to determine shall include the manner in which Shares subject to Restricted Stock Awards are held during the periods they are subject to restrictions and the circumstances under which forfeiture of Restricted Stock Share Awards and Shares subject to Restricted Stock Awards shall occur by reason of termination of employment of the Holder.
The grant of any Option, Stock Appreciation Right, Share of Restricted Stock, Share of Phantom Stock, Share of Stock, Other Stock-Based Award, or any combination thereof.
Restricted stock share unit plan (RSU) In 2019, the Company adopted a new Restricted Share Unit Plan (‘RSU’) to replace the existing Restricted Stock Share Plan.
Colleague acknowledges that the Restricted Stock Share Agreements dated November 16, 2015 and November 14, 2016 will terminate as of the Effective Date of this Agreement.
The Committee shall determine the amount, if any, that a Grantee shall pay for Restricted Stock Shares, provided that except with respect to Restricted Stock Shares issued from treasury shares, for which no payment need be required, the Committee shall require the Grantee to pay at least the Minimum Consideration for each Restricted Stock Share.
If any Share of Restricted Stock, Share under an Option, or Restricted Stock Unit granted under the Plan terminates, expires or lapses for any reason, any such Shares of Restricted Stock, any Shares subject to purchase pursuant to such Option and any such Restricted Stock Unit again shall be available for grant under the Plan.
BNS and Holdco agree to take all corporate and other action as shall be necessary to effectuate the foregoing, and BNS shall use its best efforts to obtain, if required, prior to the Closing Date, such consent of each holder of a BNS Restricted Stock Share as shall be necessary to effectuate the foregoing.