Common use of Restrictions on Transfer of Restricted Shares Clause in Contracts

Restrictions on Transfer of Restricted Shares. Until the Restricted Shares become vested pursuant to Section 3, the Restricted Shares shall not be sold, pledged or otherwise transferred (whether by operation of law or otherwise) and shall not be subject to sale under execution, attachment, levy or similar process.

Restrictions on Transfer of Restricted Shares. Until If and until the Restricted Shares become vested pursuant to Section 3Exhibit A, the Restricted Shares shall not be sold, pledged or otherwise transferred (whether by operation of law or otherwise) by the Participant and shall not be subject to sale under execution, attachment, levy or similar process.

Restrictions on Transfer of Restricted Shares. Until The Restricted Shares may not be transferred, sold, pledged, exchanged, assigned or otherwise encumbered or disposed of by the Grantee, except to the Corporation, until they have become nonforfeitable in accordance with Section 3. Any purported transfer, encumbrance or other disposition of the Restricted Shares become vested pursuant that is in violation of this Section 2 shall be null and void, and the other party to Section 3, any such purported transaction shall not obtain any rights to or interest in the Restricted Shares shall not be sold, pledged or otherwise transferred (whether by operation of law or otherwise) and shall not be subject to sale under execution, attachment, levy or similar processShares.

Restrictions on Transfer of Restricted Shares. Until the The Restricted Shares become vested pursuant to Section 3, the Restricted Shares shall may not be sold, pledged exchanged, assigned, transferred, pledged, encumbered or otherwise transferred (whether disposed of by operation Grantee, except to the Company, until the Restricted Shares have become nonforfeitable as provided in Section 3 hereof. Any purported transfer or encumbrance in violation of law or otherwise) the provisions of this Section 2 shall be void, and the other party to any such purported transaction shall not be subject obtain any rights to sale under execution, attachment, levy or similar processinterest in such Restricted Shares.

Restrictions on Transfer of Restricted Shares. Until The Restricted Shares may not be transferred, sold, pledged, exchanged, assigned or otherwise encumbered or disposed of by the Grantee, except to the Company, until they have become nonforfeitable in accordance with Section 3. Any purported transfer, encumbrance or other disposition of the Restricted Shares become vested pursuant that is in violation of this Section 2 shall be null and void, and the other party to Section 3, any such purported transaction shall not obtain any rights to or interest in the Restricted Shares shall not be sold, pledged or otherwise transferred (whether by operation of law or otherwise) and shall not be subject to sale under execution, attachment, levy or similar processShares.