Common use of Award Restrictions Clause in Contracts

Award Restrictions. The RSUs may not be sold, transferred, pledged, assigned or otherwise alienated or hypothecated, whether voluntarily or involuntarily. The Employee will have no rights, including, but not limited to, voting and dividend rights, in the shares of Common Stock underlying the RSUs unless and until such shares are issued to the Employee, or as otherwise provided in the Plan or this Agreement.

Appears in 5 contracts

Samples: Incentive Agreement (Tidewater Inc), Award Agreement (Tidewater Inc), Incentive Agreement (Tidewater Inc)

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Award Restrictions. The RSUs may not be sold, transferred, pledged, assigned or otherwise alienated or hypothecated, whether voluntarily or involuntarily. The Employee will shall have no rights, including, but not limited to, voting and dividend rights, in the shares of Common Stock underlying the RSUs unless and until such shares are issued to the Employee, or as otherwise provided in the Plan or this Agreement.

Appears in 3 contracts

Samples: Incentive Agreement (Tidewater Inc), Incentive Agreement (Tidewater Inc), Incentive Agreement (Tidewater Inc)

Award Restrictions. The Except as otherwise provided by the Plan, the RSUs may not be sold, transferred, pledged, assigned or otherwise alienated or hypothecated, whether voluntarily or involuntarily. The Employee will Director shall have no rights, including, but not limited to, voting and dividend rights, in the shares of Common Stock underlying the RSUs unless and until such shares are issued to the EmployeeDirector, or as otherwise provided in the Plan or this Agreement.

Appears in 2 contracts

Samples: Agreement (Tidewater Inc), Incentive Agreement (Tidewater Inc)

Award Restrictions. The RSUs may not be sold, transferred, pledged, assigned or otherwise alienated or hypothecated, whether voluntarily or involuntarily. The Employee will Award Recipient shall have no rights, including, but not limited to, voting and dividend rights, in the shares of Common Stock underlying the RSUs unless and until such shares are issued to the EmployeeAward Recipient, or as otherwise provided in the Plan or this Agreement.

Appears in 2 contracts

Samples: Incentive Agreement (International Shipholding Corp), Incentive Agreement (International Shipholding Corp)

Award Restrictions. The PB RSUs may not be sold, transferred, pledged, assigned or otherwise alienated or hypothecated, whether voluntarily or involuntarily. The Employee neither has nor will have no any rights, including, but not limited to, voting and dividend rights, in the shares of Common Stock underlying the PB RSUs unless and until such shares are issued to the Employee, or as otherwise specifically provided in the Plan or this Agreement.

Appears in 1 contract

Samples: Agreement (Tidewater Inc)

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Award Restrictions. The Except as otherwise provided by the Plan, the RSUs may not be sold, transferred, pledged, assigned or otherwise alienated or hypothecated, whether voluntarily or involuntarily. The Employee will shall have no rights, including, but not limited to, voting and dividend rights, in the shares of Common Stock underlying the RSUs unless and until such shares are issued to the Employee, or as otherwise provided in the Plan or this Agreement.

Appears in 1 contract

Samples: Incentive Agreement (Tidewater Inc)

Award Restrictions. The RSUs may not be sold, transferred, pledged, assigned or otherwise alienated or hypothecated, whether voluntarily or involuntarily. The Employee will have no rights, including, but not limited to, voting and dividend rights, in the shares of Common Stock underlying the RSUs unless and until such shares are issued to the Employee, or as otherwise provided in the Plan or this Agreement.. 1 Included in Legacy GLF Management Incentive Plan award agreements only. {N3857424.1}

Appears in 1 contract

Samples: Agreement (Tidewater Inc)

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