Escrow restrictions. 1. During the escrow period, the holder will not do any of the following.
Escrow restrictions. Subject to clause 10.8, Cortendo must not, during the relevant Moratorium Period:
Escrow restrictions. 1. The Holder will not do any of the following during the Escrow Period.
Escrow restrictions. Upon a grant of Shares of Restricted Stock, the Company, in its sole discretion, shall either (a) credit such Shares to the Grantee in a book entry on the records kept by the Company’s shareholder record keeper, or (b) cause to be issued certificates for such Shares. To the extent such Shares are credited pursuant to clause (a) of the preceding sentence, then any outstanding Shares shall be subject to Restrictions on transfer until, and to the extent, such Shares become Unrestricted Stock. To the extent certificates for such Shares are issued pursuant to clause (b) above, such certificates (i) shall be held in escrow by the Company until, and to the extent, such Shares shall become Unrestricted Stock, and (ii) shall bear an appropriate legend restricting the transfer of such Restricted Stock under the Plan. To the extent any such Shares fail to become Unrestricted Stock, the Company shall cancel any portion of the Shares forfeited by the Grantee. At the time when all or any portion of the Shares of Restricted Stock held by a Grantee hereunder become Unrestricted Stock, the Company shall release the Restrictions upon such Shares in the book entry records, or release the related certificates, together with any assets or securities held in escrow hereunder, from escrow, as applicable, in each case resulting in the release of any Shares that have become Unrestricted Stock.
Escrow restrictions. Licensee’s use of the Escrow Deposit is subject to the restrictions and obligations contained in this Agreement and will be deemed Confidential Information of PWW. Licensee may not disclose the content of the Escrow Deposit to any third party, other than employees or consultants of Licensee with a need to access such Escrow Deposit in order to support the Solution, unless approved by PWW in writing. Any third party provided access to the Escrow Deposit must be subject to a written confidentiality obligation. In addition, Licensee may not sub-license the content of the Escrow Deposit, except to end-users of the Solution solely in accordance with the terms of this Agreement.
Escrow restrictions. Subject to clause 4, during the Escrow Period, the Holder must not Deal in the Consideration Shares.
Escrow restrictions. The parties acknowledge and agree that:
Escrow restrictions. 1 During the escrow period, the holder will not do any of the following: a dispose of, or agree or offer to dispose of, the restricted securities; b create, or agree or offer to create, any security interest in the restricted securities; and / or c do, or omit to do, any act if the act or omission would have the effect of transferring effective ownership or control of the restricted securities.
Escrow restrictions. The Share Consideration, Cash Consideration pursuant to Section 1.04 and the original certificates and documents pursuant to Section 1.08 shall be released by the Escrow Agent to the Seller or the Purchaser, as the case may be, upon occurrence of each of the followings:
Escrow restrictions. Other than as permitted by clause 2.4 below, during the Escrow Period the Shareholder will not do any of the following:
