Common use of Restrictions on Transfer of Units Clause in Contracts

Restrictions on Transfer of Units. Until the vesting of, and lapse of the restrictions applicable to, any Units and the delivery of Shares in payment therefor, Units may not be sold, transferred, pledged, exchanged, hypothecated or disposed of by you and shall not be subject to execution, attachment or similar process.

Appears in 11 contracts

Samples: Restricted Stock Unit Award Agreement (Raytheon Co/), Restricted Stock Unit Award Agreement (Raytheon Co/), Restricted Stock Unit Award Agreement (Raytheon Co/)

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Restrictions on Transfer of Units. Until the vesting of, and lapse of the restrictions applicable to, any Units and the delivery of Shares in payment therefor, Units may not be sold, transferred, pledged, exchanged, hypothecated or disposed of by you and shall not be subject to execution, attachment or similar process.

Appears in 11 contracts

Samples: Grant (OneBeacon Insurance Group, Ltd.), Grant Agreement (OneBeacon Insurance Group, Ltd.), Grant (OneBeacon Insurance Group, Ltd.)

Restrictions on Transfer of Units. Until the vesting of, and lapse of the restrictions applicable to, to any Units and the delivery issuance of Shares shares of Stock in payment therefor, pursuant to these terms and conditions, such Units may not be sold, transferred, pledged, exchanged, hypothecated or disposed of by you and shall not be subject to execution, attachment or similar process.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Raytheon Co/)

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Restrictions on Transfer of Units. Until the vesting of, and lapse of the restrictions applicable to, any Any Units and the delivery of Shares in payment therefor, Units credited under this Plan may not be sold, transferred, pledged, exchanged, hypothecated or disposed of by you and shall not be subject to execution, attachment or similar process.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (OneBeacon Insurance Group, Ltd.)

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