Stock Restriction Agreement definition

Stock Restriction Agreement means an agreement between the Company and the Optionee in such form as the Committee may prescribe in connection with the grant of any Option, setting forth certain restrictions upon the transfer of shares of Stock.

Stock Restriction Agreement means an agreement in the form prescribed by the Corporation whereby stock of the Corporation is subject to certain restrictions and the Corporation is given certain rights to require the sale of stock upon the occurrence of certain events or, if a restriction is violated.

Stock Restriction Agreement means an agreement other than an Option Agreement (including any related exercise notice) or Restricted Stock Purchase Agreement that provides for any of the restrictions described in Section 25 below.

Examples of Stock Restriction Agreement in a sentence

• As a condition to the exercise of an Option, the Company will require the Optionee to execute a Stock Restriction Agreement.

• Each certificate representing the Shares shall bear restrictive legends referring to the restrictions on transfer and repurchase rights of the Company contained in the Stock Restriction Agreement and the restrictions on transfer imposed by the Securities Act of 1933, as amended, and any applicable exemption therefrom pursuant to which the Shares may be issued.

• As a condition to the grant of an Award or a Purchase authorization under the Plan, the recipient of the Award or Purchase authorization shall execute an agreement ("Stock Restriction Agreement") in such form not inconsistent with the Plan as may be approved by the Board.

• If the Refused Shares are sold pursuant to this Section 2 to any purchaser who is not a party to this Agreement, the Company, may at its option, require the purchaser to execute and deliver a new Stock Restriction Agreement in substantially the form of this Agreement containing substantially the same terms as those set forth herein.

• The foregoing provisions are hereby deemed to be a part of each Stock Award and to supersede any less favorable provision in any agreement or plan regarding such Stock Award, and shall be in addition to the accelerated vesting of the Founders’ Shares under the Stock Restriction Agreement.

More Definitions of Stock Restriction Agreement

Stock Restriction Agreement means the Third Amended and Restated Voting and Stock Restriction Agreement dated as of the date hereof by and among the Company and the persons named therein.

Stock Restriction Agreement means any stock restriction, repurchase, forfeiture or other similar agreement between the Company and any other Person pursuant to which the Company has a right to repurchase shares of Company Capital Stock held by such Person upon terms and subject to certain conditions set forth therein.

Stock Restriction Agreement has the meaning set forth in ss.5.14 hereof.

Stock Restriction Agreement is defined in Section 3.1(b).

Stock Restriction Agreement has the meaning ascribed to it in Section 2.55 hereof;

Stock Restriction Agreement shall have the meaning set forth in Section 5.1 hereof.

Stock Restriction Agreement means the agreement between XxXxxxx and eDiets, which shall be executed and delivered as part of the fulfillment of the Closing conditions.