Common use of Vesting of Restricted Shares Clause in Contracts

Vesting of Restricted Shares. The Restricted Shares are subject to forfeiture to the Company until they become nonforfeitable in accordance with this Section 2. While subject to forfeiture, the Restricted Shares may not be sold, pledged, assigned, otherwise encumbered or transferred in any manner, whether voluntarily or involuntarily by the operation of law.

Appears in 10 contracts

Samples: Restricted Stock Award Agreement (Lululemon Athletica Inc.), Restricted Stock Award Agreement (Lululemon Athletica Inc.), Restricted Stock Award Agreement (Lululemon Athletica Inc.)

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Vesting of Restricted Shares. The Restricted Shares are subject to forfeiture to the Company until they become nonforfeitable vested in accordance with this Section 2. While subject to forfeiture, the Restricted Shares may not be sold, pledged, assigned, otherwise encumbered or transferred in any manner, whether voluntarily or involuntarily by the operation of law.

Appears in 6 contracts

Samples: Restricted Stock Award Agreement (Destination Maternity Corp), Restricted Stock Award Agreement (Collegium Pharmaceutical, Inc), Restricted Stock Award Agreement (Bojangles', Inc.)

Vesting of Restricted Shares. The Restricted Shares are subject to forfeiture to the Company until they become nonforfeitable vested and non-forfeitable in accordance with this Section 2. While subject to forfeiture, the Restricted Shares may not be sold, pledged, assigned, otherwise encumbered or transferred in any manner, whether voluntarily or involuntarily by the operation of law.

Appears in 5 contracts

Samples: Employment Agreement (MedQuist Holdings Inc.), Employment Agreement (Medquist Inc), Restricted Stock Award Agreement (MedQuist Holdings Inc.)

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Vesting of Restricted Shares. The Restricted Shares are subject to forfeiture to the Company until they become nonforfeitable vested in accordance with this Section 2. While subject to forfeiture, the Restricted Shares may not be sold, pledged, assigned, otherwise encumbered or transferred in any manner, whether voluntarily or involuntarily by the operation of law.as follows:

Appears in 5 contracts

Samples: Restricted Stock Award Agreement (Isco International Inc), Restricted Stock Award Agreement (Isco International Inc), Employment Agreement (Isco International Inc)

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