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Grants of shares of stock subject to restrictions on sale and risk of forfeiture until vested by continued employment. Restricted stock typically vests in increments over a period of several years. Dividends or dividend equivalent rights may be paid, and award holders may have voting rights, during the restricted period.

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Restricted Stock Award

stock award

grant of shares

shares of stock

sale and risk

forfeiture

restricted stock

dividend

dividend equivalent rights

voting rights