|
|
![]() | ![]() | ![]() | ![]() |
| |||||||||
This excerpt taken from the TDY DEF 14A filed Mar 7, 2008. Restricted
Stock
Eligible individuals may be issued restricted stock in such
amounts and on such terms and conditions as determined by the
plan administrator. Restricted stock will be evidenced by a
written restricted stock agreement. The restricted stock
agreement will contain restrictions on transferability and other
such restrictions as the plan administrator may determine,
including, without limitation, limitations on the right to vote
restricted stock or the right to receive dividends on the
restricted stock. These restrictions may lapse separately or in
combination at such times, pursuant to such circumstances, in
such installments, or otherwise, as the plan administrator
determines at the time of grant of the award or thereafter.
|
| |||||||