Common use of Restricted Stock Plan Clause in Contracts

Restricted Stock Plan. Waivers in connection with The Factory Stores of America, Inc. 1996 Restricted Stock Plan (the "Restricted Stock Plan") and any award agreements thereunder shall have been entered into to the extent necessary to provide (i) that the transactions contemplated by the Transaction Documents will not trigger, directly or indirectly, the acceleration of vesting of any restricted stock granted under the Restricted Stock Plan; and (ii) that the transactions contemplated by the Transaction Documents will not be taken into account in determining whether any subsequent transaction or event will trigger any such acceleration of vesting.