Common use of Sale Restriction Clause in Contracts

Sale Restriction. Notwithstanding anything contrary in the Notice, the Agreement or the Plan, in the event the Participant’s RSU Award vests such that Vested Shares are issued to the Participant or his or her heirs and representatives within six months of the Date of Grant, the Participant agrees that the Participant or his or her heirs and representatives will not dispose of any Vested Shares acquired prior to the six-month anniversary of the Date of Grant.

Appears in 13 contracts

Samples: Restricted Share Unit Award Agreement (Flextronics International Ltd.), Restricted Share Unit Award Agreement (Flextronics International Ltd.), Restricted Share Unit Award Agreement (Flextronics International Ltd.)

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Sale Restriction. Notwithstanding anything contrary in the Notice, the Agreement or the Plan, in the event the Participant’s RSU Award vests such that Vested Shares are issued to the Participant or his or her heirs and representatives within six months of the Date of GrantXxxxx, the Participant agrees that the Participant or his or her heirs and representatives will not dispose of any Vested Shares acquired prior to the six-month anniversary of the Date of Grant.

Appears in 4 contracts

Samples: Restricted Share Unit Award Agreement (Flex Ltd.), Restricted Share Unit Award Agreement (Flex Ltd.), Share Unit Award Agreement (Flextronics International Ltd.)

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Sale Restriction. Notwithstanding anything contrary in the Notice, the Agreement or the Plan, in the event the Participant’s RSU Award RSUs vests such that Vested and Shares are issued to the Participant Recipient or his or her heirs and representatives within six months of the Date of GrantGrant Date, the Participant Recipient agrees that the Participant Recipient or his or her heirs and representatives will not dispose of any Vested Shares acquired prior to the six-month anniversary of the Date of GrantGrant Date.

Appears in 1 contract

Samples: Global Restricted Stock Unit Agreement (Nike Inc)

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