Examples of Restricted Transfer Period in a sentence
Provided, however, in the event the Eligible Directors retire/resign from director position during the Restricted Transfer Period for such reasons that the Board of Directors deems reasonable, the number of Allotted Shares and the time of removing the Transfer Restriction will be reasonably adjusted as required.
In addition, if the Eligible Directors retire from director position prior to the expiration of the Restricted Transfer Period, for any reason other than those the Board of Directors deems to be justifiable, or if certain grounds arise, the Company will of course acquire all or part of the Allotted Shares without charge.
Treatment of organizational restructuring Notwithstanding the provisions of (1) above, if, during the Restricted Transfer Period, a merger agreement in which the Company becomes an extinguished company, a share exchange agreement or a share transfer plan in which the Company becomes a wholly owned subsidiary, or any others matters concerning certain organizational restructuring, etc.
Management of shares In order to prevent any transfer, pledge, or otherwise dispose of others during the Restricted Transfer Period of the Allotted Shares, the Company shall take such measures as deemed appropriate, such as managing in the exclusive account opened with a securities company.
If the Eligible Executive Officers retire from director or executive officer position prior to the expiration of the Restricted Transfer Period, for any reason other than those the Board of Directors deems to be justifiable, or if certain grounds arise, the Company will of course acquire all or part of the Allotted Shares without charge.