Restricted definition
Examples of Restricted in a sentence
The Participant acknowledges that all restrictions and limitations relating to the Restricted Period will apply regardless of the reason the Participant’s employment ends.
In addition to the foregoing restriction, the Participant agrees not to be personally involved in the negotiation of, competition for, solicitation of, or execution of any individual book roll over(s) or other book of business transfer arrangements involving the transfer of business away from the Travelers Group, at any time during the term of the Participant’s employment or during the twenty-four month period following the Termination Date (the “Enhanced Restricted Period”).
Utah: If Utah law controls, then the covenant not to compete contained in the Retirement Rule will expire twelve months after the Participant’s Termination Date, and the Enhanced Restricted Period will not cause it to extend any further.
Restricted Units have been awarded pursuant to this Award Agreement.
The Participant shall be responsible for payment of any federal, state and/or local taxes relating to the grant and/or delivery of Restricted Units.