Examples of Unrestricted Stock in a sentence

Unrestricted Stock Awards may be granted in respect of past services or other valid consideration, or in lieu of cash compensation due to such grantee.
The Administrator may grant (or sell at par value or such higher purchase price determined by the Administrator) an Unrestricted Stock Award under the Plan.
An Unrestricted Stock Award is an Award pursuant to which the grantee may receive shares of Stock free of any restrictions under the Plan.
The Committee may, in its sole discretion, grant (or sell at par value or such other purchase price determined by the Committee) to an eligible person under Section 4 hereof an Unrestricted Stock Award under the Plan.
Shares of Unrestricted Stock may be granted or sold as described in the preceding sentence in respect of past services or other valid consideration.

More Definitions of Unrestricted Stock

Unrestricted Stock means an award of Stock granted to a Grantee pursuant to Section 12 hereof.

Unrestricted Stock means shares of Common Stock awarded to a Participant under Section 9(c).

Unrestricted Stock means an Award of Stock not subject to restrictions described in Article 8 herein.

Unrestricted Stock means an Award of Stock not subject to any restrictions under the Plan.

Unrestricted Stock means an Award pursuant to Section 12 hereof.

Unrestricted Stock means Shares issued under the Plan that are not subject to vesting, forfeiture or similar restrictions pursuant to the applicable Award Agreement. For the sake of clarity, Shares that are only subject to restrictions on transfer, right of first refusal, market stand-off and other similar restrictions shall not, by virtue of such restrictions, be deemed to be “Restricted Stock.”

Unrestricted Stock means one or more shares of Stock, awarded to a Grantee pursuant to Section 11 hereof.