Examples of Transferred Stock in a sentence
In the event of the death of the Participant prior to the expiration of the right to exercise the Transferred Stock Option, the period during which the Stock Option shall be exercisable shall terminate on the date one year following the date of the Participant's death.
The Stockholder hereby agrees to become a party to the Agreement and to be bound by all of the provisions thereof as if a signatory thereto, and shall have all of the rights and privileges of an original signatory to the Agreement with respect to the Transferred Stock.
Each Transferred Stock Subaccount and Transferred Restricted Stock Subaccount shall be administered consistent with the dividend and vesting provisions of Article III, Sections 1(b) and 1(c) above.
Fire line shall mean water connection requested and installed for the purpose of providing Fire Protection to an individual property.
Transferor now has and will have on the date hereof valid record and beneficial ownership of and title to the Transferred Stock, free and clear of any pledge, lien, security interest, encumbrance, claim or equitable interest.
Ashland Stock Units (and, after the Separation Date, Stock Units) credited to an Ashland Participant’s Transferred Stock Subaccount cannot be transferred to another hypothetical investment alternative under the Plan.
Transferred Stock Units shall be subject to all of the same terms and conditions of the Plan and this Agreement as if such Stock Units had not been transferred.
Such consent shall not be deemed to confer or convey to the spouse any rights in the Transferred Stock that do not otherwise exist by operation of law or the agreement of the parties.
Each Transferor hereby assigns, transfers, conveys and delivers to the Transferee, and its successors and assigns, all of such Transferor’s right, title and interest in, to and under the Transferred Stock free and clear of any liens, claims and encumbrances, other than the transfer restrictions set forth in any applicable agreements and those arising under applicable securities laws.
Each Transferor hereby represents and warrants that the assignment, transfer, conveyance and delivery of the Transferred Stock from each Transferor to the Transferee is being made in compliance with all applicable agreements or instruments binding upon such Transferor or such Transferor’s securities, the Securities Act of 1933 and all applicable federal and state securities laws.