Restrictions on Transfer of Restricted Shares. Employee shall effect no Disposition of Restricted Shares prior to the date that the shares are delivered to him by the Share Custodian; provided, however, that this provision shall not preclude a transfer by will or the laws of descent and distribution in the event of the death of the Employee.
Appears in 2 contracts
Samples: Bancshares Corporation Restricted Stock Agreement (Area Bancshares Corp), Bancshares Corporation Restricted Stock Agreement (Area Bancshares Corp)
Restrictions on Transfer of Restricted Shares. The Employee shall ---------------------------------------------- effect no Disposition of Restricted Shares prior to the date that the shares are delivered to him by the Share Custodian; provided, however, that this provision shall not preclude a transfer by will or the laws of descent and distribution in the event of the death of the Employee.
Appears in 2 contracts
Samples: Restricted Stock Agreement (Neighbors Bancshares Inc), Restricted Stock Agreement (Neighbors Bancshares Inc)
