Transfer Restrictions Contract Clauses (1,107)

Grouped Into 52 Collections of Similar Clauses From Business Contracts

This page contains Transfer Restrictions clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Transfer Restrictions. Except as approved by the Company, during the Restriction Period, the Shares shall not be transferable or assignable by the Director other than by will or the laws of descent and distribution or pursuant to a qualified domestic relations order as defined by Section 414(p) of the Internal Revenue Code of 1986, as amended. No transfer by will, trust, or by the laws of descent and distribution shall be effective to bind the Company unless the Board, the Compensation Committee of the Board or other ...such committee as the Board shall appoint to administer the Plan as permitted by the Plan (collectively herein the "Committee") has been furnished with a copy of the deceased Director's enforceable will, trust or such other evidence as the Committee deems necessary to establish the validity of the transfer. Any attempted transfer in violation of this provision shall be void and ineffective. View More
Found in HALCON RESOURCES CORP contract
Transfer Restrictions. Except as approved by the Company, during the Restriction Period, the Shares shall not be transferable or assignable by the Director Employee other than by will or the laws of descent and distribution or pursuant to a qualified domestic relations order as defined by Section 414(p) of the Internal Revenue Code of 1986, as amended. amended (the "Code"). No transfer by will, trust, or by the laws of descent and distribution shall be effective to bind the Company unless the Board, Board of Directors... of the Company (the "Board"), the Compensation Committee of the Board or other such committee as the Board shall appoint to administer the Plan as permitted by the Plan (collectively herein the "Committee") has been furnished with a copy of the deceased Director's Employee's enforceable will, trust or such other evidence as the Committee deems necessary to establish the validity of the transfer. Any attempted transfer in violation of this provision shall be void and ineffective. View More
Found in HALCON RESOURCES CORP contract
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Transfer Restrictions. (a) The Award granted hereunder to the Grantee may not be sold, assigned transferred, pledged or otherwise encumbered, whether voluntarily or involuntarily, by operation of law or otherwise. (b) Except for authorizing the Company to withhold shares of Common Stock from the shares of Common Stock otherwise issuable or deliverable to the Grantee as a result of the vesting of the RSU, as permitted by Section 10(b)(ii), the Grantee may not sell, transfer, pledge or otherwise encumber more than fifty... percent (50%) of the Common Stock issued upon vesting of the RSUs unless and until the earlier of (a) the date on which the Grantee meets the ownership level of Common Stock specified for such Grantee 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 the Grantee 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. 3 7. Change In Control. (a) Notwithstanding anything herein to the contrary, in the event that a Change in Control (as defined in the Plan) occurs during the Performance Period, the number of Earned RSUs shall be calculated as set forth on Exhibit A. (b) Notwithstanding anything herein to the contrary, upon a Change in Control, any Earned RSUs (including RSUs deemed earned as provided in Sections 3(c) and Section 7(a) hereof), shall vest pursuant to Section 11.1(b) of the Plan. View More
Found in AstroNova, Inc. contract
Transfer Restrictions. (a) The Award granted hereunder to the Grantee may not be sold, assigned transferred, pledged or otherwise encumbered, whether voluntarily or involuntarily, by operation of law or otherwise. (b) Except for authorizing the Company to withhold shares of Common Stock from the shares of Common Stock otherwise issuable or deliverable to the Grantee as a result of the vesting of the RSU, as permitted by Section 10(b)(ii), 8(b)(ii) hereof, the Grantee may not sell, transfer, pledge or otherwise encumbe...r more than fifty percent (50%) of the Common Stock issued upon vesting of the RSUs unless and until the earlier of (a) the date on which the Grantee meets the ownership level of Common Stock specified for such Grantee 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 the Grantee 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. 3 7. Change In Control. (a) Notwithstanding anything herein to the contrary, in the event that a Change in Control (as defined in the Plan) occurs during the Performance Period, the number of Earned RSUs shall be calculated as set forth on Exhibit A. (b) Notwithstanding anything herein to the contrary, upon a Change in Control, any Earned RSUs (including RSUs deemed earned as provided in Sections 3(c) and Section 7(a) hereof), shall vest pursuant to Section 11.1(b) of the Plan. View More
Found in AstroNova, Inc. contract
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