Restrictions on Transfer Clause Example from Business Contracts

This example Restrictions on Transfer clause appears in 9 contracts from 4 companies

Restrictions on Transfer. The Shares of Restricted Stock issued under this Agreement may not be sold, transferred or otherwise disposed of and may not be pledged or otherwise hypothecated until all restrictions on such Restricted Stock shall have lapsed in the manner provided in Section 3, 4 or 5 hereof.