Holding Requirement. ▇▇▇▇▇▇▇ acknowledges and agrees that the Awarded Shares are subject to a holding period beginning on the Grant Date and ending on the date Grantee ceases to serve as a member of the Board (the “Holding Period”). During the Holding Period, the Awarded Shares may not be sold, pledged or otherwise transferred by Grantee.
Appears in 2 contracts
Sources: Non Employee Director Stock Award Agreement (CTO Realty Growth, Inc.), Non Employee Director Stock Award Agreement (CTO Realty Growth, Inc.)
Holding Requirement. ▇▇▇▇▇▇▇ Grantee acknowledges and agrees that the Awarded Shares are subject to a holding period beginning on the Grant Date and ending on the date Grantee ceases to serve as a member of the Board (the “Holding Period”). During the Holding Period, the Awarded Shares may not be sold, pledged or otherwise transferred by Grantee. .
Appears in 2 contracts
Sources: Non Employee Director Restricted Stock Award Agreement (Alpine Income Property Trust, Inc.), Non Employee Director Stock Award Agreement (Consolidated Tomoka Land Co)