Common use of Lapse of Restrictions; Restricted Period Clause in Contracts

Lapse of Restrictions; Restricted Period. Except as otherwise provided in the Recipient’s Employment Agreement with the Company, if any, the restrictions set forth in Section 1 above shall lapse and a portion of the Restricted Shares shall become unrestricted and freely tradable as follows:

Appears in 2 contracts

Sources: Restricted Share Agreement (First Potomac Realty Trust), Restricted Share Agreement (First Potomac Realty Trust)