Restrictions on Transfer Clause Example with 5 Variations from Business Contracts

This page contains Restrictions on Transfer 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 Transfer. The Award is fully vested at grant, but subject to transfer restrictions ("Transfer Restrictions"), with such restrictions to lapse ratably over two years in one-half increments on February 7 in each of 2015 and 2016 and upon such lapsing the subject portion of the Award shall be settled in shares of the Corporation's common stock.
Found in Navient Corp. contract

Variations of a "Restrictions on Transfer" Clause from Business Contracts

Restrictions on Transfer. The Award is fully vested at grant, but subject to transfer restrictions ("Transfer Restrictions"), with such restrictions to lapse ratably over two years in one-half increments on February 7 in each of 7, 2015 and 2016 and upon such lapsing the subject portion of the Award shall be settled in shares of the Corporation's common stock.
Found in Navient Corp. contract
Restrictions on Transfer. The Award is fully vested at grant, but subject to transfer restrictions ("Transfer Restrictions"), with such restrictions to lapse ratably over two three years in one-half one-third increments on February 7 in each of 2015 2015, 2016 and 2016 2017 and upon such lapsing the subject portion of the Award shall be settled in shares of the Corporation's common stock.
Found in SLM Corp contract
Restrictions on Transfer. The Award is fully vested at grant, but subject to transfer restrictions ("Transfer Restrictions"), with such restrictions to lapse ratably over two three years in one-half one-third increments on February 7 4th in each of 2015 2015, 2016 and 2016 2017 and upon such lapsing the subject portion of the Award shall be settled in shares of the Corporation's common stock.
Found in Navient Corp. contract
Restrictions on Transfer. The Award is fully vested at grant, but subject to transfer restrictions ("Transfer Restrictions"), with such restrictions to lapse ratably over two three years in one-half one-third increments on February 7 in each of 2014, 2015 and 2016 and upon such lapsing the subject portion of the Award shall be settled in shares of the Corporation's common stock.
Found in SLM Corp contract
Restrictions on Transfer. The Award is fully vested at grant, but subject to transfer restrictions ("Transfer Restrictions"), with such restrictions to lapse ratably over two years in one-half increments on February 7 4th in each of 2015 and 2016 and upon such lapsing the subject portion of the Award shall be settled in shares of the Corporation's common stock.
Found in Navient Corp. contract