Restricted Stockholder definition

Restricted Stockholder means the employee of, consultant to, or director of the Company or other person to whom shares of Restricted Stock are issued pursuant to this Plan.

Restricted Stockholder means a Non-Employee Director to whom Restricted Stock has been awarded under this Plan.

Restricted Stockholder has the meaning specified in Section 10.01.

Examples of Restricted Stockholder in a sentence

• Any such grant or award under this Plan need not be the same with respect to each Optionee, Grantee or Restricted Stockholder.

• Nothing in this Plan or in any Restricted Stock Agreement hereunder shall confer on any Restricted Stockholder any right to continue in the employ of, as a consultant for or as an Independent Director of the Company or any Subsidiary or shall interfere with or restrict in any way the rights of the Company and any Subsidiary, which are hereby expressly reserved, to discharge any Restricted Stockholder at any time for any reason whatsoever, with or without good cause.

• Unless provided otherwise by the Committee (or the Board, in the case of Restricted Stock granted to an Independent Director), if no cash consideration was paid by the Restricted Stockholder upon issuance, a Restricted Stockholder’s rights in unvested Restricted Stock shall lapse upon the last to occur of Termination of Employment, Termination of Consultancy or Termination of Directorship with the Company.

• Notwithstanding any other provision of the Plan to the contrary, dividends and Dividend Equivalents with respect to an award that is subject to vesting that are based on dividends paid prior to the vesting of such award shall only be paid out to the Restricted Stockholder or Grantee, as applicable, to the extent that the vesting conditions are subsequently satisfied and the award vests.

• The Company shall be entitled to require payment in cash or deduction from other compensation payable to each Optionee, Grantee or Restricted Stockholder of any sums required by federal, state or local tax law to be withheld with respect to the issuance, vesting, exercise or other taxable event related to any Option, Restricted Stock, Restricted Stock Unit, Performance Award, Stock Appreciation Right, Dividend Equivalent or Stock Payment.

More Definitions of Restricted Stockholder

Restricted Stockholder means an Employee, Independent Director or consultant granted an Award of Restricted Stock under Article VII of the Plan.

Restricted Stockholder means each of Penske, the PCP Entities and Mitsui.

Restricted Stockholder means an Employee or a Director to whom Restricted Stock has been issued under the Plan.

Restricted Stockholder has the meaning set forth in the preamble.

Restricted Stockholder has the meaning set forth in Section 4.01.

Restricted Stockholder means any Person that, individually or together with its Affiliates, beneficially owns, or is a member of a "group" (within the meaning of Section 13(d)(3) of the Exchange Act) that beneficially owns, 5% or more of Acquiror Stock.

Restricted Stockholder means an Employee to whom Restricted Stock has been awarded under this Plan.