Restrictions Clause Example from Business Contracts

This example Restrictions clause appears in 4 contracts from 2 companies

Restrictions. Subject to any exceptions set forth in this Agreement, until such time as the Units become earned and vested and are settled in shares of Stock in accordance with Section 1, the Units or the rights relating thereto may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Grantee. Any attempt to assign, alienate, pledge, attach, sell or otherwise transfer or encumber the Units or the rights relating thereto shall be wholly ineffective and, if any such ...attempt is made, the Units will be forfeited by the Grantee and all of the Grantee's rights to such Units shall immediately terminate without any payment of consideration by the Company. View More Arrow
Found in Chardan Healthcare Acquisition 2 Corp. contract
Chardan Healthcare Acquisition 2 Corp. Contracts

Form of Earnout Restricted Stock Award Under the 2021 Omnibus Incentive Plan (Filed With SEC on March 24, 2022)

Form of Restricted Stock Award Under the 2021 Omnibus Incentive Plan (Filed With SEC on March 24, 2022)

Sealed Air Contracts

NOTICE OF GRANT OF RESTRICTED STOCK UNIT AWARD (PERFORMANCE-VESTING) SEALED AIR CORPORATION 2014 OMNIBUS INCENTIVE PLAN (Filed With SEC on February 27, 2015)

NOTICE OF GRANT OF RESTRICTED STOCK UNIT AWARD (STOCK LEVERAGE OPPORTUNITY) SEALED AIR CORPORATION 2014 OMNIBUS INCENTIVE PLAN (Filed With SEC on February 27, 2015)