Grouped Into 124 Collections of Similar Clauses From Business Contracts
This page contains Restrictions on Transfer clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Restrictions on Transfer. Each Stockholder agrees that, during the term of this Company Support Agreement, he, she or it shall not: (a) (i) sell, assign, pledge, exchange or otherwise transfer or dispose of, encumber, hedge, swap, convert or utilize a derivative to transfer an interest in (collectively, "Transfer") any of his, her or its Stockholder Shares unless the buyer, assignee or transferee thereof executes a joinder agreement to this Company Support Agreement in a form reasonably acceptable to Parent and the Compa...ny, or (ii) enter into any Contract, option, or other binding arrangement (including any profit sharing arrangement) with respect to the Transfer of any of such Stockholder Shares; (b) grant any proxies or enter into any voting arrangement, whether by proxy, voting agreement, voting trust, voting deed or otherwise (including pursuant to any loan of Stockholder Shares) with respect to his, her or its Stockholder Shares, or enter into any other Contract with respect to such Stockholder Shares that would prohibit or prevent the satisfaction of his, her or its obligations pursuant to this Company Support Agreement; (c) take any action that would make any representation or warranty of such Stockholder herein untrue or incorrect, or have the effect of preventing or disabling such Stockholder from performing its obligations hereunder; (d) commit or agree to take any of the foregoing actions or take any other action or enter into any Contract that would reasonably be expected to make any of his, her or its representations or warranties contained herein untrue or incorrect or would have the effect of preventing or delaying such Stockholder from performing any of his, her or its obligations hereunder; or 2 (e) publicly announce any intention to effect any such transaction specified in this Section 2. The Company and G3 each agree that it shall not register any sale, assignment or Transfer of Stockholder Shares on the Company's or G3's stock ledger (book entry or otherwise), as applicable, that is not in compliance with this Section 2.View More
Restrictions on Transfer. Each The Stockholder agrees that, during the term of this Company Parent Support Agreement, he, she or it shall not: (a) (i) sell, assign, pledge, exchange pledge or otherwise transfer or dispose of, encumber, hedge, swap, convert or utilize a derivative to transfer an interest in (collectively, "Transfer") any of his, her or its the Stockholder Shares unless the buyer, assignee or transferee thereof executes a joinder agreement to this Company Parent Support Agreement in a form reasonably accep...table to Parent the Company and the Company, Parent, or (ii) enter into any Contract, option, or other binding arrangement (including any profit sharing arrangement) with respect to the Transfer of any of such Stockholder Shares; Shares. (b) grant any proxies or enter into any voting arrangement, whether by proxy, voting agreement, voting trust, voting deed or otherwise (including pursuant to any loan of the Stockholder Shares) with respect to his, her or its any Stockholder Shares, or enter into any other Contract with respect to such any Stockholder Shares that would prohibit or prevent the satisfaction of his, her or its obligations pursuant to this Company Parent Support Agreement; (c) take any action that would make any representation or warranty of such the Stockholder herein untrue or incorrect, or have the effect of preventing or disabling such the Stockholder from performing its obligations hereunder; (d) commit or agree to take any of the foregoing actions or take any other action or enter into any Contract that would reasonably be expected to make any of his, her or its representations or warranties contained herein untrue or incorrect or would have the effect of preventing or delaying such the Stockholder from performing any of his, her or its obligations hereunder; or 2 (e) publicly announce any intention to effect any such transaction specified in this Section 2. The Company Parent shall not, and G3 each agree that it shall not permit Parent's transfer agent to, register any sale, assignment or Transfer of the Stockholder Shares on the Company's or G3's Parent's stock ledger (book entry or otherwise), as applicable, otherwise) that is not in compliance with this Section 2. 2 3. No Redemption. Stockholder hereby agrees that, during the term of this Agreement, it shall not redeem, or submit a request to Parent's transfer agent or otherwise exercise any right to redeem, any Stockholder Shares. View More
Restrictions on Transfer. The Recipient shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise (collectively, "transfer") any Restricted Stock Units, or any interest therein, until such Restricted Stock Units have vested. 2 5.Settlement. Upon becoming vested as provided herein, the Company shall issue or cause to be issued a number of shares of Company Stock equal to the number of Restricted Stock Units granted to Recipient that have become vested on the applicable... vesting date as provided herein.View More
Restrictions on Transfer. The Recipient shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise (collectively, "transfer") any Restricted Stock Units, or any interest therein, until such Restricted Stock Units have vested. 2 1 5.Settlement. Upon becoming vested as provided herein, the Company shall issue or cause to be issued a number of shares of Company Stock equal to the number of Restricted Stock Units granted to Recipient that have become vested on the applicab...le vesting date as provided herein. View More
Restrictions on Transfer. No Holder shall, directly or indirectly, prior to the termination of this Agreement: (a) transfer, assign, sell, lend, sell short, gift-over, pledge, encumber, hypothecate, exchange or otherwise dispose (whether by sale, liquidation, dissolution, dividend or distribution), or offer or solicit to do any of the foregoing, of any or all of the equity securities and/or any debt or similar securities that are convertible into equity securities of the Company held by it, including any additional equit...y securities and/or any debt or similar securities that are convertible into equity securities of the Company which Holder may subsequently acquire, including all additional equity securities which may be issued to Holder upon the exercise of any options, warrants or other securities convertible into or exchangeable for securities of the Company (all such securities of such Holder, "Subject Securities") or any right or interest therein, or consent to any of the foregoing (any such action, a "Transfer"), (b) enter or offer to enter into any derivative arrangement with respect to, or create or suffer to exist any liens or encumbrances with respect to, any or all of the Subject Securities or any right or interest therein, in either case that would reasonably be expected to prevent or delay such Holder's compliance with its obligations hereunder; or (b) enter of offer to enter into any contract, option or other agreement, arrangement or understanding with respect to any Transfer.View More
Restrictions on Transfer. No Holder None of the Singal Parties shall, directly or indirectly, prior to the termination of this Agreement: Agreement without the prior written consent of the Fund: (a) transfer, assign, sell, lend, sell short, gift-over, pledge, encumber, hypothecate, exchange or otherwise dispose (whether by sale, liquidation, dissolution, dividend or distribution), or offer or solicit to do any of the foregoing, of any or all of the equity securities and/or any debt or similar securities that are converti...ble into equity securities of the Company held by it, including any additional equity securities and/or any debt or similar securities that are convertible into equity securities of the Company which Holder any Singal Party may subsequently acquire, including all additional equity securities which may be issued to Holder any Singal Party upon the exercise of any options, warrants or other securities convertible into or exchangeable for securities of the Company (all such securities of such Holder, "Subject Securities") or any right or interest therein, or consent to any of the foregoing (any such action, a "Transfer"), (b) enter or offer to enter into any derivative arrangement with respect to, or create or suffer to exist any liens or encumbrances with respect to, any or all of the Subject Securities or any right or interest therein, in either case that would reasonably be expected to prevent or delay such Holder's compliance with its obligations hereunder; or (b) (c) enter of offer to enter into any contract, option or other agreement, arrangement or understanding with respect to any Transfer. View More
Restrictions on Transfer. Other than as set forth in the preceding Paragraphs of this Agreement with respect to transfers to the Company, the Holder shall not sell, assign, transfer, pledge, hypothecate, mortgage, encumber or otherwise dispose of, voluntarily or involuntarily, by operation of law or otherwise (collectively, "transfer"), any of the Restricted Shares or any interest therein, unless and until such Restricted Shares are no longer subject to forfeiture under Paragraph 2 and, accordingly, the Restriction Perio...d with respect to such shares has terminated.View More
Restrictions on Transfer. Other than as set forth in the preceding Paragraphs of this Agreement with respect to transfers to the Company, the Holder shall not sell, assign, transfer, pledge, hypothecate, mortgage, encumber or otherwise dispose of, voluntarily or involuntarily, by operation of law or otherwise (collectively, "transfer"), any of the Restricted Shares or any interest therein, unless and until such Restricted Shares are no longer subject to forfeiture under Paragraph 2 and, accordingly, the Restriction Perio...d with respect to such shares has terminated. Vested. View More
Restrictions on Transfer. No Transfer of Incentive Shares shall be permitted unless such Transfer is approved by the Board. Any Transfer or attempted Transfer not in compliance with this Section 8 or any other applicable provision or restriction of this Plan, the Award Agreement and/or the Operating Agreement shall be null, void and of no effect and shall not be effected upon the records of the Company.
Restrictions on Transfer. No Transfer of Incentive Shares shall be permitted unless such Transfer is approved by the Board. Any Transfer or attempted Transfer not in compliance with this Section 8 4 or any other applicable provision or restriction of this Plan, Agreement, the Award Agreement Plan and/or the Operating Agreement shall be null, void and of no effect and shall not be effected upon the records of the Company.
Restrictions on Transfer. The Restricted Stock Units shall not be transferable other than by will or by the laws of descent and distribution. Notwithstanding the foregoing, Participant may, in the manner established by the Committee, designate a beneficiary or beneficiaries to exercise the rights of Participant and receive any property distributable with respect to the Restricted Stock Units upon the death of Participant. Each right under this Agreement shall be exercisable during Participant's lifetime only by Participa...nt or, if permissible under applicable law, by Participant's legal representative. The Restricted Stock Units and any rights under this Agreement may not be sold, assigned, transferred, pledged, alienated, attached or otherwise encumbered and any purported sale, assignment, transfer, pledge, alienation, attachment or encumbrance shall be void and unenforceable against the Company or any Affiliate. 4 5. Income Tax Matters. In order to comply with all applicable federal, foreign, state or local income tax laws or regulations, the Company may take such action as it deems appropriate to ensure that all applicable federal, foreign, state or local payroll, withholding, income or other taxes, which are the sole and absolute responsibility of Participant, are withheld or collected from Participant. Upon vesting of the Restricted Stock Units and the lapse of the restrictions with respect to the Restricted Stock Units under the terms of this Award Agreement, Participant shall be obligated to pay any applicable withholding taxes arising from such vesting and lapse of restrictions. Unless the Company receives an irrevocable written instruction, addressed to the attention of the Secretary of the Company, from Participant prior to the date that the Restricted Stock Units vest and the restrictions lapse, the Company shall automatically withhold as payment the number of Shares of Common Stock, determined by the Fair Market Value on the applicable vesting date as set forth in Section 3 and lapse of restrictions, required to pay the applicable withholding taxes (but only to the extent necessary to satisfy minimum statutory withholding requirements if required under ASC Topic 718).View More
Restrictions on Transfer. The Restricted Stock Units Until the Shares vest pursuant to Section 3 hereof, neither the Shares, nor any right with respect to the Shares under this Agreement, may be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of by Participant and any purported sale, assignment, transfer, pledge, hypothecation or other disposition shall not be transferable other than by will or by void and unenforceable against the laws of descent and distribution. Company. Notwithstanding the fo...regoing, Participant may, in the manner established by the Committee, designate a beneficiary or beneficiaries to exercise the rights of Participant and receive any property distributable with respect to the Restricted Stock Units Shares upon the death of Participant. Each right under this Agreement shall be exercisable during Participant's lifetime only by Participant or, if permissible under applicable law, by Participant's legal representative. The Restricted Stock Units and any rights under this Agreement may not be sold, assigned, transferred, pledged, alienated, attached or otherwise encumbered and any purported sale, assignment, transfer, pledge, alienation, attachment or encumbrance shall be void and unenforceable against the Company or any Affiliate. 4 3 5. Income Tax Matters. In order to comply with all applicable federal, foreign, state income, social, payroll or local income other tax laws or regulations, the Company may take such action as it deems appropriate to ensure that all applicable federal, foreign, state or local payroll, withholding, income income, social, payroll or other taxes, which are the sole and absolute responsibility of Participant, are withheld or collected from such Participant. Upon vesting of the Restricted Stock Units Shares and the lapse of the restrictions with respect to the Restricted Stock Units Shares under the terms of this Award Agreement, Participant shall be obligated to pay any applicable withholding taxes arising from such vesting and lapse of restrictions. restrictions, assuming Participant has not made an election pursuant to Section 83(b) of the Code. Unless the Company receives an irrevocable written instruction, addressed to the attention of the Secretary of the Company, from Participant prior to the date that the Restricted Stock Units Shares vest and the restrictions lapse, the Company shall automatically withhold as payment the number of Shares shares of Common Stock, determined by the Fair Market Value on the applicable vesting date as set forth in Section 3 and lapse of restrictions, required to pay the applicable withholding taxes (but only taxes. The Company shall not be required to deliver any fractional share of Common Stock but will pay, in lieu thereof, the extent necessary to satisfy minimum statutory withholding requirements if required under ASC Topic 718). Fair Market Value (as of the date the shares vest and the restrictions lapse) of such fractional share. View More
Restrictions on Transfer. Except as may be permitted pursuant to a Change in Control, the Recipient shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, voluntarily or involuntarily, by operation of law or otherwise (collectively "Transfer") any Unvested Shares or any interest therein, except for Transfers to the Company pursuant to Section 3. In addition, the Recipient may not Transfer more than fifty percent (50%) of the Vested Shares unless and until the earlier of (a) the date on which the R...ecipient meets the ownership level of Common Stock specified for the Recipient in the Company's stock ownership and retention guidelines, as the same may be amended from time to time in the discretion of the Board, and (b) the date on which Recipient is no longer subject to the Company's stock ownership and retention guidelines, as the same may be amended from time to time in the discretion of the Board. Any and all certificates representing shares of Common Stock issued hereunder shall have appropriate legends evidencing such transfer restrictions.View More
Restrictions on Transfer. Except as may be permitted pursuant to a Change in Control, Control and except in the case of economic hardship of the Recipient as determined by the Committee, the Recipient shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, voluntarily or involuntarily, by operation of law or otherwise (collectively "Transfer") any Unvested Shares or any interest therein, except for Transfers to the Company pursuant to Section 3. In addition, the Recipient may not Transfer more than... fifty percent (50%) any of the Vested Shares unless and until the earlier of (a) the date on which the Recipient meets the ownership level of Common Stock specified for the Recipient in the Company's stock ownership and retention guidelines, as the same may be amended from time to time in the discretion of the Board, Board and then only to the extent that such Transfer would not cause the Recipient to be out of compliance with such guidelines, and (b) the date on which Recipient is no longer subject to the Company's stock ownership and retention guidelines, as the same may be amended from time to time in the discretion of the Board. Any and all certificates representing shares of Common Stock issued hereunder shall have appropriate legends evidencing such transfer restrictions. View More
Restrictions on Transfer. (a) The Shares shall not be sold, pledged, or otherwise transferred, and the Company shall not recognize and shall issue stop-transfer instructions to its transfer agent with respect to any such sale, pledge, or transfer, except upon the conditions specified in this Agreement, which conditions are intended to ensure compliance with the provisions of the Securities Act. Investor will cause any proposed purchaser, pledgee, or transferee of the Shares to agree to take and hold such securities subje...ct to the provisions and upon the conditions specified in this Agreement. (b) Each certificate, instrument, or book entry representing Shares and any other securities issued in respect of such Shares, upon any stock split, stock dividend, recapitalization, merger, consolidation, or similar event, shall (unless otherwise permitted by the provisions of Section 6(c)) be notated with a legend substantially in the following form: THE SECURITIES REPRESENTED HEREBY HAVE BEEN ACQUIRED FOR INVESTMENT AND HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933. SUCH SHARES MAY NOT BE SOLD, PLEDGED, OR TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR A VALID EXEMPTION FROM THE REGISTRATION AND PROSPECTUS DELIVERY REQUIREMENTS OF SAID ACT. 9 THE SECURITIES REPRESENTED HEREBY MAY BE TRANSFERRED ONLY IN ACCORDANCE WITH THE TERMS OF AN AGREEMENT BETWEEN THE COMPANY AND THE STOCKHOLDER, A COPY OF WHICH IS ON FILE WITH THE SECRETARY OF THE COMPANY. Investor consents to the Company making a notation in its records and giving instructions to any transfer agent of the Company's securities in order to implement the restrictions on transfer set forth in this Section 6. (c) Before any proposed sale, pledge, or transfer of any Shares, unless there is in effect a registration statement under the Securities Act covering the proposed transaction, Investor shall give oral notice to the Company of its intention to effect such sale, pledge, or transfer (which notice shall not be required following the expiration or earlier termination of the Option and Collaboration Agreement) and, if reasonably requested by the Company, cause to be delivered at Investor's expense either (i) a written opinion of legal counsel who shall, and whose legal opinion shall, be reasonably satisfactory to the Company, addressed to the Company, to the effect that the proposed transaction may be effected without registration under the Securities Act; (ii) a "no action" letter from the SEC to the effect that the proposed sale, pledge, or transfer of such securities without registration will not result in a recommendation by the staff of the SEC that action be taken with respect thereto; or (iii) any other evidence reasonably satisfactory to counsel to the Company to the effect that the proposed sale, pledge, or transfer of the securities may be effected without registration under the Securities Act, whereupon Investor shall be entitled to sell, pledge, or transfer such securities in accordance with the terms of the notice given by Investor to the Company. The Company will not require such a legal opinion or "no action" letter (x) in any transaction in compliance with Rule 144; or (y) in any transaction in which such Holder distributes securities to an Affiliate of such Holder for no consideration; provided that each transferee agrees in writing to be subject to the terms of this Agreement, including Section 5 and Section 6. Each certificate, instrument, or book entry representing the Shares transferred as above provided shall be notated with, except if such transfer is made pursuant to Rule 144, the appropriate restrictive legend set forth in Section 6(b), except that such certificate instrument, or book entry shall not be notated with such restrictive legend if, in the opinion of counsel for Investor and the Company, such legend is not required in order to establish compliance with any provisions of the Securities Act (d) Notwithstanding anything herein to the contrary, any transfer of Shares shall be subject to the Standstill and Stock Restriction Agreement.View More
Restrictions on Transfer. 2.1 Reserved. 2.2 Restrictions on Transfer. (a) The Shares Capital Stock shall not be sold, pledged, or otherwise transferred, and the Company shall not recognize and shall issue stop-transfer instructions to its transfer agent with respect to any such sale, pledge, or transfer, except upon the conditions specified in this Agreement, which conditions are intended to ensure compliance with the provisions of the Securities Act. Investor A transferring Stockholder will cause any proposed purchaser,... pledgee, or transferee of the Shares Capital Stock held by such Stockholder to agree to take and hold such securities subject to the provisions and upon the conditions specified in this Agreement. Notwithstanding the foregoing, the Company shall not require any transferee of Capital Stock pursuant to an effective registration statement under the Securities Act or, following the Initial Offering, SEC Rule 144 to be bound by the terms of this Agreement. (b) Each certificate, instrument, certificate or book entry instrument representing Shares (i) Capital Stock, and (ii) any other securities issued in respect of such Shares, the securities referenced in clause (i), upon any stock split, stock dividend, recapitalization, merger, consolidation, or similar event, shall (unless otherwise permitted by the provisions of Section 6(c)) Subsection 2.2(c)) be notated stamped or otherwise imprinted with a legend substantially in the following form: THE SECURITIES REPRESENTED HEREBY HAVE BEEN ACQUIRED FOR INVESTMENT AND HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933. SUCH SHARES MAY NOT BE SOLD, PLEDGED, OR TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR A VALID EXEMPTION FROM THE REGISTRATION AND PROSPECTUS DELIVERY REQUIREMENTS OF SAID ACT. 9 THE SECURITIES REPRESENTED HEREBY MAY BE TRANSFERRED ONLY IN ACCORDANCE WITH THE TERMS OF AN AGREEMENT BETWEEN THE COMPANY AND THE STOCKHOLDER, A COPY OF WHICH IS ON FILE WITH THE SECRETARY OF THE COMPANY. Investor consents The Stockholders consent to the Company making a notation in its records and giving instructions to any transfer agent of the Company's securities Restricted Securities in order to implement the restrictions on transfer set forth in this Subsection 2.2. 17 (c) The holder of each certificate representing Restricted Securities, by acceptance thereof, agrees to comply in all respects with the provisions of this Section 6. (c) 2. Before any proposed sale, pledge, or transfer of any Shares, Restricted Securities, unless there is in effect a registration statement under the Securities Act covering the proposed transaction, Investor transaction or, following the Initial Offering, the transfer is made pursuant to SEC Rule 144, the Stockholder thereof shall give oral notice to the Company of its such Stockholder's intention to effect such sale, pledge, or transfer (which transfer. Each such notice shall not be required following describe the expiration or earlier termination manner and circumstances of the Option and Collaboration Agreement) proposed sale, pledge, or transfer in sufficient detail and, if reasonably requested by the Company, cause to shall be delivered accompanied at Investor's such Stockholder's expense by either (i) a written opinion of legal counsel who shall, and whose legal opinion shall, be reasonably satisfactory to the Company, addressed to the Company, to the effect that the proposed transaction may be effected without registration under the Securities Act; (ii) a "no action" letter from the SEC to the effect that the proposed sale, pledge, or transfer of such securities Restricted Securities without registration will not result in a recommendation by the staff of the SEC that action be taken with respect thereto; or (iii) any other evidence reasonably satisfactory to counsel to the Company to the effect that the proposed sale, pledge, or transfer of the securities Restricted Securities may be effected without registration under the Securities Act, whereupon Investor the Stockholder of such Restricted Securities shall be entitled to sell, pledge, or transfer such securities Restricted Securities in accordance with the terms of the notice given by Investor the Stockholder to the Company. The Company will not require such a legal opinion or "no action" letter (x) in any transaction in compliance with SEC Rule 144; 144 or (y) in any transaction in which such Holder Stockholder distributes securities Restricted Securities to an Affiliate of such Holder Stockholder for no consideration; provided that that, with respect to transfers under the foregoing clause (y), each transferee agrees in writing to be subject to the terms of this Agreement, including Section 5 and Section 6. Subsection 2.2. Each certificate, instrument, certificate or book entry representing instrument evidencing the Shares Restricted Securities transferred as above provided shall be notated with, bear, except if such transfer is made pursuant to SEC Rule 144, 144 or pursuant to an effective registration statement, the appropriate restrictive legend set forth in Section 6(b), Subsection 2.2(b), except that such certificate instrument, or book entry shall not be notated with bear such restrictive legend if, in the opinion of counsel for Investor such Stockholder and the Company, such legend is not required in order to establish compliance with any provisions of the Securities Act (d) Notwithstanding anything herein to the contrary, any transfer of Shares shall be subject to the Standstill and Stock Restriction Agreement. Act. View More
Restrictions on Transfer. The Participant shall not sell, transfer, pledge, hypothecate, assign or otherwise dispose of the Shares, except as permitted in the Plan or Agreement. Any attempted sale, transfer, pledge, hypothecation, assignment or other disposition of the Shares in violation of the Plan or this Agreement shall be void and of no effect and the Company shall have the right to disregard the same on its books and records and to issue "stop transfer" instructions to its transfer agent.
Restrictions on Transfer. The During the Period of Restriction, the Participant shall not sell, transfer, pledge, hypothecate, assign assign, exchange or otherwise dispose of the Shares, except as permitted in the Plan or Agreement. Restricted Units. Any attempted sale, transfer, pledge, hypothecation, assignment assignment, exchange or other disposition of the Shares in violation of the Plan or this Agreement shall be null and void and of no force or effect and the Company shall have the right to disregard the same on i...ts books and records and to issue "stop transfer" instructions to its transfer agent. View More
Restrictions on Transfer. The Participant Executive shall not sell, transfer, pledge, hypothecate, assign or otherwise dispose of the Shares, Restricted Stock, except as permitted set forth in the Plan or this Agreement. Any attempted sale, transfer, pledge, hypothecation, assignment or other disposition of the Shares Restricted Stock in violation of the Plan or this Agreement shall be void and of no effect and the Company shall have the right to disregard the same on its books and records and to issue "stop transfer" in...structions to its transfer agent. View More
Restrictions on Transfer. The Participant shall not sell, transfer, pledge, hypothecate, assign or otherwise dispose of the Shares, except as permitted in the Plan or Agreement. Any attempted 3 sale, transfer, pledge, hypothecation, assignment or other disposition of the Shares in violation of the Plan or this Agreement shall be void and of no effect and the Company shall have the right to disregard the same on its books and records and to issue "stop transfer" instructions to its transfer agent.
Restrictions on Transfer. The Restricted Stock Units, this Award, and any right to receive Shares pursuant to this Award, may not be sold, assigned, transferred, encumbered, hypothecated or pledged by the Grantee.
Restrictions on Transfer. The Restricted Stock Units, RSUs, this Award, and any right to receive Shares pursuant to this Award, may not be sold, assigned, transferred, encumbered, hypothecated or pledged by the Grantee.