Encumbrances on Shares. Purchaser may xxxxx x xxxx or security interest in, or pledge, hypothecate or encumber Shares only if each party to whom such lien or security interest is granted, or to whom such pledge, hypothecation or other encumbrance is made, agrees in a writing satisfactory to the Company that: (a) such lien, security interest, pledge, hypothecation or encumbrance will not apply to such Shares after they are acquired by the Company and/or its assignees under this Section; and (b) the provisions of this Section will continue to apply to such Shares in the hands of such party and any transferee of such party.
Encumbrances on Shares. Purchaser may not xxxxx x xxxx or security interest in, or pledge, hypothecate or encumber, any Unvested Shares.
Encumbrances on Shares. Purchaser may gxxxx x xxxx or security interest in, or pledge, hypothecate or encumber Vested Shares only if each party to whom such lien or security interest is granted, or to whom such pledge, hypothecation or other encumbrance is made, agrees in a writing satisfactory to the Company that: (a) such lien, security interest, pledge, hypothecation or encumbrance will not apply to such Vested Shares after they are acquired by the Company and/or its assignees under this Section 9; and (b) the provisions of this Section 9 will continue to apply to such Vested Shares in the hands of such party and any transferee of such party. Purchaser may not gxxxx x xxxx or security interest in, or pledge, hypothecate or encumber, any Unvested Shares.
Encumbrances on Shares. Without the Company’s prior written consent given with the approval of the Company’s Board of Directors, Purchaser may not gxxxx x xxxx or security interest in, or pledge, hypothecate or encumber, any Unvested Shares.
Encumbrances on Shares. The Grantee may xxxxx x xxxx or security interest in, or pledge, hypothecate or encumber Shares only if each party to whom such lien or security interest is granted, or to whom such pledge, hypothecation or other encumbrance is made, agrees in a writing satisfactory to the Company that: (i) such lien, security interest, pledge, hypothecation or encumbrance will not adversely affect or impair the Right of First Refusal or the rights of the Company and/or its assignee(s) with respect thereto and will not apply to such Shares after they are acquired by the Company and/or its assignees under this Section; and (ii) the provisions of this RSU Award Agreement will continue to apply to such Shares in the hands of such party and any transferee of such party.
Encumbrances on Shares. Purchaser may xxxxx x xxxx or security ----------------------- interest in, or pledge, hypothecate or encumber Vested Shares only if the Company or its successors and assigns do not hold a lien or security interest in such shares and only if each party to whom such lien or security interest is granted, or to whom such pledge, hypothecation or other encumbrance is made, agrees in a writing satisfactory to the Company that: (i) such lien, security interest, pledge, hypothecation or encumbrance will not apply to such Vested Shares after they are acquired by the Company and/or its assignees under this Section; and (ii) the provisions of this Section will continue to apply to such Vested Shares in the hands of such party and any transferee of such party. Purchaser may not xxxxx x xxxx or security interest in, or pledge, hypothecate or encumber any Unvested Shares.
Encumbrances on Shares. Purchaser shall be prohibited from granting any Lien upon the Shares until the Note is paid in full.
Encumbrances on Shares. Purchaser may gxxxx x xxxx or security interest in, or pledge, hypothecate or encumber Shares only if each party to whom such lien or security interest is granted, or to whom such pledge, hypothecation or other encumbrance is made, agrees in a writing satisfactory to the Company that the provisions of this Agreement will continue to apply to such Shares in the hands of such party and any transferee of such party.
Encumbrances on Shares. Without the Company’s prior written consent given with the approval of the Company’s Board of Directors, Awardee may not xxxxx x xxxx or security interest in, or pledge, hypothecate or encumber, any Shares.
Encumbrances on Shares. Purchaser may xxxxx x xxxx or security ----------------------- interest in, or pledge, hypothecate or encumber Shares only if the Company or its successors and assigns do not hold a lien or security interest in such shares and only if each party to whom such lien or security interest is granted, or to whom such pledge, hypothecation or other encumbrance is made, agrees in a writing satisfactory to the Company that: (i) such lien, security interest, pledge, hypothecation or encumbrance will not apply to such Shares after they are acquired by the Company and/or its assignees under this Section; and (ii) the provisions of this Section will continue to apply to such Shares in the hands of such party and any transferee of such party.
