RESTRICTIONS ON STOCK definition

RESTRICTIONS ON STOCK. To the extent that an option/stock holder is a party to the Stockholders' Agreement as a result of a cash investment in the Company (made in connection with Closing), the restrictions contained in the Stockholders' Agreement will govern and control. *PROHIBITION ON Stock acquired pursuant to Award generally may not be TRANSFERS: transferred or otherwise disposed of prior to the six months following the date of a qualified public offering of the Company; provided, however, that, if the Warburg Investors agree to a lockup covering a period longer than six months following a qualified public offering, all participants shall be restricted from transferring Stock acquired pursuant to Award for such longer period.
Sample 1

Examples of RESTRICTIONS ON STOCK in a sentence

  • INDICATE IF THERE ARE ANY RESTRICTIONS ON STOCK TRANSFERS, E.G., LIMITS ON HOLDING SHARES, OR THE OBLIGATION TO OBTAIN THE APPROVAL OF THE ISSUER OR OTHER HOLDERS.IF SO, DESCRIBE THEM AND THE INSTRUMENTS TO WHICH THEY REFER.

  • This builds upon our excellence and creates an important entry point into the work of the university for communities seeking answers to the complex challenges of the modern world.

  • INDICATE WHETHER THERE ARE ANY RESTRICTIONS ON STOCK TRANSFERS, E.G., LIMITS ON HOLDING SHARES, OR THE OBLIGATION TO OBTAIN THE APPROVAL OF THE ISSUER OR OTHER HOLDERS.IF SO, DESCRIBE THEM AND THE INSTRUMENTS TO WHICH THEY REFER.

  • INDICATE IF THERE ARE ANY RESTRICTIONS ON STOCK TRANSFERS, E.G., LIMITS ON HOLDING SHARES, OR THE OBLIGATION TO OBTAIN THE APPROVAL OF THE ISSUER OR OTHER HOLDERS.

Related to RESTRICTIONS ON STOCK

  • RMB Non-Transferability means the occurrence of any event that makes it impossible for the Issuer to deliver RMB between accounts inside Hong Kong or from an account inside Hong Kong to an account outside Hong Kong (including where the RMB clearing and settlement system for participating banks in Hong Kong is disrupted or suspended), other than where such impossibility is due solely to the failure of the Issuer to comply with any law, rule or regulation enacted by any Governmental Authority (unless such law, rule or regulation is enacted after the Issue Date of the first Tranche of the relevant Series and it is impossible for the Issuer due to an event beyond its control, to comply with such law, rule or regulation);

  • Non-transferability means the occurrence of any event that makes it impossible for the Issuer to deliver Renminbi between accounts inside Hong Kong or from an account inside Hong Kong to an account outside Hong Kong, other than where such impossibility is due solely to the failure of the Issuer to comply with any law, rule or regulation enacted by any Governmental Authority (unless such law, rule or regulation is enacted after the Issue Date and it is impossible for the Issuer, due to an event beyond its control, to comply with such law, rule or regulation).

  • Investment Restrictions means the investment restrictions of the Fund as set forth in the Declaration of Trust including, without limitation, those described in section 2.0 of this Annual Information Form.

  • Transfer Restrictions means restrictions that prohibit the sale, exchange, transfer, assignment, pledge, hypothecation, fractionalization, hedge or other disposal (including through the use of any cash-settled instrument), whether voluntarily or involuntarily by the Grantee, of an Award or any shares of Common Stock, cash or other property delivered in respect of an Award.

  • Restrictions means the restrictions on sale or other transfer set forth in Section 4.2 and the exposure to forfeiture set forth in Section 3.1.

  • Transfer Restriction means any condition to or restriction on the ability of the Subscriber to pledge, sell, assign or otherwise transfer the Shares under any organizational document, policy or agreement of, by or with the Company, but excluding the restrictions on transfer described in paragraph 6(c) of this Subscription Agreement with respect to the status of the Shares as “restricted securities” pending their registration for resale or transfer under the Securities Act in accordance with applicable securities laws.

  • Existing Transfer Restrictions means Transfer Restrictions existing with respect to any securities by virtue of the fact that Counterparty may be an “affiliate” of the Issuer (as such term is defined in Rule 144 under the Securities Act).

  • Restricted Stock Legend means, with respect to any Conversion Share, a legend substantially to the effect that the offer and sale of such Conversion Share have not been registered under the Securities Act and that such Conversion Share cannot be sold or otherwise transferred except pursuant to a transaction that is registered under the Securities Act or that is exempt from, or not subject to, the registration requirements of the Securities Act.

  • SEC Restrictions has the meaning set forth in Section 2(b).

  • Ownership Restrictions means collectively the Ownership Limit as applied to Persons other than the Initial Holder or Look-Through Entities, the Initial Holder Limit as applied to the Initial Holder and the Look-Through Ownership Limit as applied to Look-Through Entities.

  • Company Restricted Shares Section 2.4(c)

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Burdensome Restrictions means any consensual encumbrance or restriction of the type described in clause (a) or (b) of Section 6.10.

  • Restricted Securities Legend has the meaning set forth in Section 8.2(b).

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Restricted Stock Agreement means the agreement between the Company and the recipient of a Restricted Share that contains the terms, conditions and restrictions pertaining to such Restricted Share.

  • Forfeiture Restrictions means any prohibitions and restrictions set forth herein with respect to the sale or other disposition of Shares issued to the Recipient hereunder and the obligation to forfeit and surrender such shares to the Company.

  • Dealing Restrictions means restrictions imposed by statute, order, regulation or Government directive, or by the Model Code or any code adopted by the Company based on the Model Code and for this purpose the Model Code means the Model Code on dealings in securities set out in Listing Rule 9, annex 1 (of the London Stock Exchange), as varied from time to time;

  • Restricted Units has the meaning set forth in the recitals to this Award Agreement.

  • Unrestricted Shares means a grant of Shares made on an unrestricted basis pursuant to Section 13 of the Plan.

  • Transfer Restricted Securities means Securities that bear or are required to bear the legend set forth in Section 2.3(b) hereto.

  • Restriction of Use means, in respect of any day, any difference from the normal capability of all or any part of the Routes (where the normal capability of the Routes is expressed in the Applicable Timetable Planning Rules relevant to that day notified to each Timetable Participant on or before D-26) which results in:

  • Put Restriction means the days between the beginning of the Pricing Period and Closing Date. During this time, the Company shall not be entitled to deliver another Put Notice.

  • Common Stock Agreement means an agreement executed by a Common Stockholder and the Company as contemplated by Section 5, below, which imposes on the shares of Common Stock held by the Common Stockholder such restrictions as the Board or Committee deem appropriate.

  • Transfer Restriction Event shall have the meaning specified in Section 2.11.

  • Company Restricted Stock means all shares of Company Common Stock, subject to vesting or other restrictions, whether granted pursuant to the Company Stock Plans or otherwise.