Restrictions on Transfer of Award. No shares of Stock shall be issued in settlement of the Award until the Restricted Stock Units have vested as provided in Paragraph 2 of this Agreement. This Award may not be sold, transferred, pledged, assigned or otherwise encumbered or disposed of by the Grantee, and any shares of Stock issuable with respect to the Award may not be sold, transferred, pledged, assigned or otherwise encumbered or disposed of until (i) the Restricted Stock Units have vested as provided in Paragraph 2 of this Agreement and (ii) shares of Stock have been issued to the Grantee in accordance with the terms of the Plan and this Agreement.
Appears in 6 contracts
Samples: Restricted Stock Unit Award Agreement (Tpi Composites, Inc), Restricted Stock Unit Award Agreement (Tpi Composites, Inc), Restricted Stock Unit Award Agreement (Tpi Composites, Inc)
