Common use of Award Restrictions Clause in Contracts

Award Restrictions. 2.1 The shares of Restricted Stock and the right to vote them and to receive dividends thereon may not be sold, assigned, transferred, exchanged, pledged, hypothecated or otherwise encumbered until such time as the shares vest and the restrictions imposed thereon lapse, as provided below.

Appears in 12 contracts

Samples: Restricted Stock Agreement (First Horizon Corp), Restricted Stock Agreement (Iberiabank Corp), Restricted Stock Agreement (Iberiabank Corp)

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Award Restrictions. 2.1 3.1 The shares of Restricted Stock issued to the Award Recipient in accordance with the provisions of Section 2.1 hereof as of the date specified in such Section 2.1 and the right to vote them such shares of Restricted Stock and to receive dividends thereon may not be sold, assigned, transferred, exchanged, pledged, hypothecated or otherwise encumbered until such time as the such shares of Restricted Stock vest and the restrictions imposed thereon lapse, as provided below.

Appears in 1 contract

Samples: Restricted Stock Agreement (Petroleum Helicopters Inc)

Award Restrictions. 2.1 The shares of Restricted Stock and the right to vote them the Restricted Stock and to receive dividends thereon may not be sold, assigned, transferred, exchanged, pledged, hypothecated or otherwise encumbered until such time as the such shares vest and the restrictions imposed thereon lapse, as provided below.

Appears in 1 contract

Samples: Restricted Stock Agreement (Bnccorp Inc)

Award Restrictions. 2.1 The shares of Restricted Stock and the right to vote them and to receive dividends thereon may not be sold, assigned, transferred, exchanged, pledged, hypothecated or otherwise encumbered until such time as the shares vest and the restrictions imposed thereon lapse, on a pro rata basis, as provided below.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (First NBC Bank Holding Co)

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Award Restrictions. 2.1 The shares of Restricted Stock and Stock, including the right to vote them the Restricted Stock and to receive dividends thereon thereon, may not be sold, assigned, transferred, exchanged, pledged, hypothecated or otherwise encumbered until such time as the such shares vest and the restrictions imposed thereon lapse, as provided below.

Appears in 1 contract

Samples: Restricted Stock Agreement (Bnccorp Inc)

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