Common use of Vested Shares Clause in Contracts

Vested Shares. Option Shares that are Vested Shares may not be transferred without the Company's written consent except by will, by the laws of descent and distribution and in accordance with the provisions of Section 16, if applicable.

Appears in 3 contracts

Samples: Qualified Stock Option Agreement (Red Hat Inc), Qualified Stock Option Agreement (Red Hat Inc), Qualified Stock Option Agreement (Red Hat Inc)

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Vested Shares. Option Shares that are Vested Shares may not be transferred without the Company's written consent except by will, by the laws of descent and distribution and in accordance with the provisions of Section 1617, if applicable.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Red Hat Inc), Incentive Stock Option Agreement (Red Hat Inc)

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