Restrictions Clause Example from Business Contracts

This example Restrictions clause appears in 3 contracts from 1 company

Restrictions. The Shares are subject to the forfeiture provisions in Sections 6 and 7 below. The Shares are not earned and may not be sold, exchanged, assigned, transferred, pledged or otherwise disposed of (collectively, the "Restrictions") until an event or combination of events described in subsections 4(a), (b), (c), (d) or Section 5 occurs.