Common use of Sale Restriction Clause in Contracts

Sale Restriction. Any Shares received at vesting are accepted as a personal investment. Notwithstanding anything contrary in the Grant Agreement or the Plan, in the event the RSUs vest and Shares are issued to the Employee or his or her legal representatives or estate within six months of the Grant Date, the Employee agrees that the Employee or his or her legal representatives or estate will not offer to the public or otherwise dispose of any Shares acquired prior to the six-month anniversary of the Grant Date.

Appears in 12 contracts

Samples: Grant Agreement (Hp Inc), Grant Agreement (Hewlett Packard Enterprise Co), Grant Agreement (Hp Inc)

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Sale Restriction. Any Shares received at vesting are accepted as a personal investment. Notwithstanding anything contrary in the Grant Agreement or the Plan, in the event the RSUs vest and Shares are issued to the Employee Team Member or his or her the Team Member's legal representatives or estate within six months of the Grant Date, the Employee Team Member agrees that the Employee Team Member or his or her the Team Member's legal representatives or estate will not offer to the public or otherwise dispose of any Shares acquired prior to the six-month anniversary of the Grant Date.

Appears in 2 contracts

Samples: Grant Agreement (Hewlett Packard Enterprise Co), Grant Agreement (Hewlett Packard Enterprise Co)

Sale Restriction. Any The Shares received at vesting are accepted as a personal investment. Notwithstanding anything contrary in the Grant Agreement or the Plan, in In the event that the RSUs vest and the Shares are issued to the Employee Participant (or his or her legal representatives or estate the Participant’s heirs) within six months of the Grant DateDate of Grant, the Employee Participant (or the Participant’s heirs) agrees that the Employee or his or her legal representatives or estate Shares will not offer be offered to the public or otherwise dispose disposed of any Shares acquired prior to the six-month anniversary of the Grant DateDate of Grant.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Vontier Corp), Restricted Stock Unit Agreement (Vontier Corp)

Sale Restriction. Any Shares received at vesting are accepted as a personal investment. Notwithstanding anything contrary in the Grant Agreement or the Plan, in In the event that the RSUs vest and Shares are issued to the Employee Participant (or his or her legal representatives or estate the Participant's heirs) within six months of the Grant Award Date, the Employee Participant (or the Participant's heirs) agrees that the Employee or his or her legal representatives or estate Shares will not offer be offered to the public or otherwise dispose disposed of any Shares acquired prior to the six-month anniversary of the Grant Award Date.

Appears in 2 contracts

Samples: 2007 Stock Incentive Plan (Danaher Corp /De/), 2007 Stock Incentive Plan (Danaher Corp /De/)

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Sale Restriction. Any Shares received at vesting are accepted as a personal investment. Notwithstanding anything contrary in the Grant Agreement or the Plan, in the event the RSUs vest and Shares are issued to the Employee or his or her legal representatives or estate Participant within six months of the Grant Date, the Employee Participant agrees that the Employee or his or her legal representatives or estate Participant will not offer to the public or otherwise dispose of any Shares acquired prior to the six-month anniversary of the Grant Date.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Nike Inc)

Sale Restriction. Any Shares received at vesting are accepted as a personal investment. Notwithstanding anything contrary in the Grant Agreement or the Plan, in the event the RSUs vest and Shares are issued to the Employee Recipient or his or her legal heirs and representatives or estate within six months of the Grant Date, the Employee Recipient agrees that the Employee Recipient or his or her legal heirs and representatives or estate will not offer to the public or otherwise dispose of any Shares acquired prior to the six-month anniversary of the Grant Date.

Appears in 1 contract

Samples: Global Restricted Stock Unit Agreement (Nike Inc)

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