Assignment Restrictions. (a) The Unvested Restricted Shares may not, at any time prior to becoming vested pursuant to the terms of this Agreement, be Assigned, and any such purported Assignment shall be void and unenforceable against the Company or any Affiliate; provided, that the designation of a beneficiary shall not constitute an Assignment.
Appears in 3 contracts
Sources: Restricted Stock Grant Agreement (JOSS Realty REIT, Inc.), Restricted Stock Grant Agreement (JOSS Realty REIT, Inc.), Restricted Stock Grant Agreement (Preston Hollow Community Capital, Inc.)