Restrictions on Awarded Shares Clause Example with 6 Variations from Business Contracts

This page contains Restrictions on Awarded Shares clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Restrictions on Awarded Shares. Subject to the provisions of the Plan and the terms of this Agreement, from the Date of Grant until the date the Awarded Shares are vested in accordance with Section 3 and are no longer subject to forfeiture in accordance with Section 4 (the "Restriction Period"), the Participant shall not be permitted to sell, transfer, pledge, hypothecate, margin, assign or otherwise encumber any of the Awarded Shares. Except for these limitations, the Committee may in its sole discretion, remove any or all of... the restrictions on such Awarded Shares whenever it may determine that, by reason of changes in applicable laws or changes in circumstances after the date of this Agreement, such action is appropriate. View More Arrow

Variations of a "Restrictions on Awarded Shares" Clause from Business Contracts

Restrictions on Awarded Shares. Subject to the provisions of the Plan and the terms of this Agreement, from the Date of Grant until the date the Awarded Shares are vested in accordance with Section 3 and are no longer subject to forfeiture in accordance with Section 4 (the "Restriction Period"), the Participant Contractor shall not be permitted to sell, transfer, pledge, hypothecate, margin, assign assign, or otherwise encumber any of the Awarded Shares. Except for these limitations, the Committee may in its sole discretion, r...emove any or all of the restrictions on such Awarded Shares whenever it may determine that, by reason of changes in applicable laws or changes in circumstances after the date of this Agreement, such action is appropriate. View More Arrow
Restrictions on Awarded Shares. Subject to the provisions of the Plan and the terms of this Agreement, from the Date of Grant until the date the Awarded Shares are vested in accordance with Section 3 2 and are no longer subject to forfeiture in accordance with Section 4 3 (the "Restriction Period"), the Participant shall not be permitted to sell, transfer, pledge, hypothecate, margin, or assign or otherwise encumber any of the Awarded Shares. Shares or to grant any right thereto. Except for these limitations, the Committee Adm...inistrator may in its sole discretion, remove any or all of the restrictions on such Awarded Shares whenever it may determine that, by reason of changes in applicable laws Applicable Laws or other changes in circumstances arising after the date of this Agreement, such action is appropriate. View More Arrow
Restrictions on Awarded Shares. Subject to the provisions of the Plan and the terms of this Agreement, from the Date of Grant until the date the Awarded Shares are vested in accordance with Section 3 and are no longer subject to forfeiture in accordance with the lock-up provisions of Section 4 14 hereof (the "Restriction Period"), the Participant shall not be permitted to sell, transfer, pledge, hypothecate, margin, assign or otherwise encumber any of the Awarded Shares. Except for these limitations, the Committee may in its s...ole discretion, remove any or all of the restrictions on such Awarded Shares whenever it may determine that, by reason of changes in applicable laws Applicable Laws or changes in circumstances after the date of this Agreement, such action is appropriate. View More Arrow
Restrictions on Awarded Shares. Subject to the provisions of the Plan and the terms of this Agreement, from the Date of Grant until the date the Awarded Shares are vested in accordance with Section 3 and are no longer subject to forfeiture in accordance with Section 4 (the "Restriction Period"), the Participant shall not be permitted to sell, transfer, pledge, hypothecate, margin, or assign or otherwise encumber any of the Awarded Shares. Shares or to grant any right thereto. Except for these limitations, the Committee Adminis...trator may in its sole discretion, remove any or all of the restrictions on such Awarded Shares whenever it may determine that, by reason of changes in applicable laws Applicable Laws or other changes in circumstances arising after the date of this Agreement, such action is appropriate. View More Arrow
Restrictions on Awarded Shares. Subject to the provisions of the Plan and the terms of this Agreement, from the Date of Grant until the date the Awarded Shares are vested in accordance with Section 3 2 and are no longer subject to forfeiture in accordance with Section 4 3 (the "Restriction Period"), the Participant shall not be permitted to sell, transfer, pledge, hypothecate, margin, or assign or otherwise encumber any of the Awarded Shares. Except for these limitations, the Committee may in its sole discretion, remove any or... all of the restrictions on such Awarded Shares whenever it may determine that, by reason of changes in applicable laws Applicable Laws or other changes in circumstances arising after the date of this Agreement, such action is appropriate. View More Arrow
Restrictions on Awarded Shares. Subject to the provisions of the Plan and the terms of this Agreement, from the Date of Grant until the date the Awarded Shares are vested in accordance with Section 3 and are no longer subject to forfeiture in accordance with Section 4 (the "Restriction Period"), the Participant Grantee shall not be permitted to sell, transfer, pledge, hypothecate, margin, assign or otherwise encumber any of the Awarded Shares. Except for these limitations, the Committee Administrator may in its sole discretion..., remove any or all of the restrictions on such Awarded Shares whenever it may determine that, by reason of changes in applicable laws or changes in circumstances after the date of this Agreement, such action is appropriate. View More Arrow