Common use of Restriction on Transfer Clause in Contracts

Restriction on Transfer. Until the Shares vest pursuant to Section 2 hereof, none of the Shares may be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of or encumbered, and no attempt to transfer the Shares, whether voluntary or involuntary, by operation of law or otherwise, shall vest the transferee with any interest or right in or with respect to the Shares.

Restriction on Transfer. Until the Shares vest pursuant to Section 2 3, 4 or 5(a) hereof, none of the Shares may be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of or encumbered, and no attempt to transfer the Shares, whether voluntary or involuntary, by operation of law or otherwise, shall vest the transferee with any interest or right in or with respect to the Shares.

Restriction on Transfer. Until the Shares vest pursuant to Section 2 hereofParticipant vests in the Shares, none of the Shares may not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of or encumbered, and no attempt to transfer the Shares, whether voluntary or involuntary, by operation of law or otherwise, shall vest the transferee with encumbered in any interest or right in or with respect to the Sharesmanner.

Restriction on Transfer. Until the Shares vest pursuant to Section 2 3, 4 or 5 hereof, none of the Shares may be sold, assigned, transferred, pledged, hypothecated attached or otherwise disposed of or encumbered, and no attempt to transfer the Shares, whether voluntary or involuntary, by operation of law or otherwise, shall vest the transferee with any interest or right in or with respect to the Shares.

Restriction on Transfer. Until Except as contemplated by Section 4(e) hereof, until the Shares vest pursuant to Section 2 Sections 3 or 4 hereof, none of the Shares may be sold, assigned, transferred, pledged, hypothecated attached or otherwise disposed of or encumbered, and no attempt to transfer the Shares, whether voluntary or involuntary, by operation of law or otherwise, shall vest the transferee with any interest or right in or with respect to the Shares.

Restriction on Transfer. Until the any group of Shares vest vests pursuant to Section Sections 2 or 4 hereof, none of the such Shares may be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of or encumbered, and no attempt to transfer the such Shares, whether voluntary or involuntary, by operation of law or otherwise, shall vest the transferee with any interest or right in or with respect to the such Shares.

Restriction on Transfer. Until the Shares vest are issued pursuant to Section 2 hereof, none of the Shares may be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of or encumbered, and no attempt to transfer the Shares, whether voluntary or involuntary, by operation of law or otherwise, shall vest the transferee with any interest or right in or with respect to the Shares.

Restriction on Transfer. Until the Shares vest pursuant to Section 2 3 hereof, none of the Shares may be sold, assigned, transferred, pledged, hypothecated hypothecated, or otherwise disposed of or encumbered, and no attempt to transfer the Shares, whether voluntary or involuntary, by operation of law or otherwise, shall vest the transferee with any interest or right in or with respect to the Shares.

Restriction on Transfer. Until the Shares vest pursuant to Section 2 or 4 hereof, none of the Shares may be sold, assigned, transferred, pledged, hypothecated alienated, attached or otherwise disposed of encumbered, and any purported pledge, alienation, attachment or encumberedencumbrance thereof shall be void and unenforceable against the Company, and no attempt to transfer the Shares, whether voluntary or involuntary, by operation of law or otherwise, shall vest the purported transferee with any interest or right in or with respect to the Shares.

Restriction on Transfer. Until the Restricted Shares vest pursuant to Section 2 hereof, none of the Restricted Shares may be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of or encumbered, and no attempt to transfer the Restricted Shares, whether voluntary or involuntary, by operation of law or otherwise, shall vest the transferee with any interest or right in or with respect to the Restricted Shares.

Restriction on Transfer. Until the Shares vest pursuant to Section 2 hereof(a) Except as provided in subsection 4(b) below, none of the Shares may be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of or encumberedencumbered until they vest pursuant to Section 2 or 3 hereof, and no attempt to transfer the unvested Shares, whether voluntary or involuntary, by operation of law or otherwise, shall vest the transferee with any interest or right in or with respect to the such Shares.

Restriction on Transfer. Until the Shares vest pursuant to Section 2 Sections 2(a), 2(b) or 4(b) hereof, none of the Shares may be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of or encumbered, and no attempt to transfer the Shares, whether voluntary or involuntary, by operation of law or otherwise, shall vest the transferee with any interest or right in or with respect to the Shares.

Restriction on Transfer. Until the Shares vest pursuant to Section 2 hereofor 4 of this Agreement, none of the Shares may be sold, assigned, transferred, pledged, hypothecated alienated, attached or otherwise disposed of or encumbered, and no any purported pledge, alienation, attachment or encumbrance shall be void and unenforceable against the Company. No attempt to transfer the Shares, whether voluntary or involuntary, by operation of law or otherwise, shall vest the purported transferee with any interest or right in or with respect to the Shares.

Restriction on Transfer. Until Except as contemplated by Section 4(c) hereof, until the Shares vest pursuant to Section 2 Sections 3 or 4 hereof, none of the Shares may be sold, assigned, transferred, pledged, hypothecated attached or otherwise disposed of or encumbered, and no attempt to transfer the Shares, whether voluntary or involuntary, by operation of law or otherwise, shall vest the transferee with any interest or right in or with respect to the Shares.

Restriction on Transfer. Until the any group of Shares vest vests pursuant to Section Sections 2 or 4 hereof, none of the such unvested Shares may be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of or encumbered, and no attempt to transfer the such unvested Shares, whether voluntary or involuntary, by operation of law or otherwise, shall vest the transferee with any interest or right in or with respect to the such Shares.

Restriction on Transfer. Until the Shares are Earned Shares and until the Earned Shares vest pursuant to Section 2 3, 4 or 5 hereof, none of the Shares or Earned Shares may be sold, assigned, transferred, pledged, hypothecated attached or otherwise disposed of or encumbered, and no attempt to transfer the Shares or Earned Shares, whether voluntary or involuntary, by operation of law or otherwise, shall vest the transferee with any interest or right in or with respect to the Shares or Earned Shares.

Restriction on Transfer. Until the Shares vest pursuant to Section 2 3 hereof, none of the Shares may be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of or encumbered, and no attempt to transfer the Shares, whether voluntary or involuntary, by operation of law or otherwise, shall vest the transferee with any interest or right in or with respect to the Shares.