Removal of Restrictions. Except as otherwise provided in this Article 7, Shares of Restricted Stock covered by each Restricted Stock grant made under the Plan will be released from escrow as soon as practicable after the last day of the Period of Restriction. The Administrator, in its discretion, may accelerate the time at which any restrictions will lapse or be removed.
Appears in 6 contracts
Sources: Stock Option Plan (Akorn Inc), 2007 Stock Option Plan (Simulations Plus Inc), Stock Option Plan (Akorn Inc)
Removal of Restrictions. Except as otherwise provided in this Article Section 7, Shares of Restricted Stock covered by each Restricted Stock grant made under the Plan will be released from escrow as soon as practicable after the last day of the Period of RestrictionRestriction or at such other time as the Administrator may determine. The Administrator, in its discretion, may accelerate the time at which any restrictions will lapse or be removed.
Appears in 5 contracts
Sources: Merger Agreement (Flexible Solutions International Inc), Business Combination Agreement (Longview Acquisition Corp. II), Investment Agreement (Easterly Acquisition Corp.)
Removal of Restrictions. Except as otherwise provided in this Article 7Section 8, Shares of Restricted Stock covered by each Restricted Stock grant made under the Plan will be released from escrow as soon as practicable after the last day of the Period of RestrictionRestriction or at such other time as the Administrator may determine. The Administrator, in its discretion, may accelerate the time at which any restrictions will lapse or be removed.
Appears in 4 contracts
Sources: Business Combination Agreement (Tailwind Acquisition Corp.), Business Combination Agreement (Tailwind Acquisition Corp.), Merger Agreement (Osprey Technology Acquisition Corp.)
Removal of Restrictions. Except as otherwise provided in this Article 7Section 8, Shares of Restricted Stock covered by each Restricted Stock grant made under the this Plan will be released from escrow as soon as practicable after the last day of the Period of RestrictionRestriction or at such other time as the Administrator may determine. The Administrator, in its discretion, may accelerate the time at which any restrictions will lapse or be removed.
Appears in 4 contracts
Sources: Business Combination Agreement (Apexigen, Inc.), Business Combination Agreement (Apexigen, Inc.), Business Combination Agreement (Brookline Capital Acquisition Corp.)
Removal of Restrictions. Except as otherwise provided in this Article 7Section 3.03, Shares of Restricted Stock covered by each Restricted Stock grant made under the this Plan will be released from escrow as soon as practicable after the last day of the Period of RestrictionRestriction or at such other time as the Administrator may determine. The Administrator, in its discretion, may accelerate the time at which any restrictions will lapse or be removed.
Appears in 1 contract
Sources: Agreement and Plan of Merger (Welsbach Technology Metals Acquisition Corp.)
Removal of Restrictions. Except as otherwise provided in this Article 7Section 9, Shares of Restricted Unrestricted Stock covered by each Restricted Unrestricted Stock grant made under the Plan will be released from escrow as soon as practicable after the last day of the Period of RestrictionRestriction or at such other time as the Administrator may determine. The Administrator, in its discretion, may accelerate the time at which any restrictions will lapse or be removed.
Appears in 1 contract