Common use of Approval by Shareholders Clause in Contracts

Approval by Shareholders. This Restricted Share Agreement and the issuance of any Shares under it are expressly subject to the approval of the Plan by the shareholders of the Company as provided for therein. The Restricted Share shall not in any event be vested in whole or in part prior to the date the Plan is approved by the shareholders of the Company as provided for therein. RESTRICTED SHARE AGREEMENT PAGE 5

Approval by Shareholders. This Restricted Share Agreement and the issuance of any Shares under it are expressly subject to the approval of the Plan by the shareholders of the Company as provided for therein. The Restricted Share shall not in any event be vested in whole or in part prior to the date the Plan is approved by the shareholders of the Company as provided for therein. RESTRICTED SHARE AGREEMENT PAGE 5.