Vested Shares. Except as otherwise provided in this Agreement, the Participant may not Transfer Vested Shares at any time during the Participant’s employment with the Company without the prior approval of the Board of Directors of the Company. Any approved Transfer of Vested Shares shall also be subject to xxxxxxx xxxxxxx rules and Company policy. Prior approval by the Board of Directors of the Company shall not be required for a gratuitous transfer by the Participant of Vested Shares to (i) an ascendant, a descendant, or a sibling of the Participant, or (ii) to a trust for the benefit of one or more such persons.
Appears in 6 contracts
Samples: Award Agreement (Westway Group, Inc.), Award Agreement (Westway Group, Inc.), Award Agreement (Westway Group, Inc.)
