Common use of Lapse of Restrictions Generally Clause in Contracts

Lapse of Restrictions Generally. Except as provided in Sections 4, 5 and 6 hereof, all of the shares of Restricted Stock issued hereunder (rounded down to the nearest whole share, if necessary) shall vest, and the restrictions with respect to such Restricted Stock shall lapse, as set forth in the vesting schedule attached as Exhibit A hereto.

Appears in 12 contracts

Sources: Restricted Stock Award Agreement (Healthier Choices Management Corp.), Restricted Stock Award Agreement (Healthier Choices Management Corp.), Restricted Stock Award Agreement (Healthier Choices Management Corp.)