Common use of Limits on Transferability Clause in Contracts

Limits on Transferability. Until the eligibility conditions of this award have been satisfied and shares of Stock have been issued in accordance with the terms of this Agreement or by action of the Committee, the Units awarded hereunder are not transferable and shall not be sold, transferred, assigned, pledged, gifted, hypothecated or otherwise disposed of or encumbered by the Participant. Transfers of shares of Stock by the Participant are subject to the Company’s Stock Trading Policy.

Appears in 6 contracts

Samples: Deferred Stock Unit Award Agreement (Boston Scientific Corp), Deferred Stock Unit Award Agreement (Boston Scientific Corp), Deferred Stock Unit Award Agreement (Boston Scientific Corp)

AutoNDA by SimpleDocs

Limits on Transferability. Until the eligibility conditions of this award have been satisfied and shares of Stock have been issued in accordance with the terms of this Agreement or by action of the Committee, the Units awarded hereunder are not transferable and shall not be sold, transferred, assigned, pledged, gifted, hypothecated or otherwise disposed of or encumbered by the Participant. Transfers of shares of Stock by the Participant are subject to the Company’s 's Stock Trading Policy.

Appears in 3 contracts

Samples: Deferred Stock Unit Award Agreement (Boston Scientific Corp), Deferred Stock Unit Award Agreement (Boston Scientific Corp), Deferred Stock Unit Award Agreement (Boston Scientific Corp)

Limits on Transferability. Until the eligibility conditions of this award Award have been satisfied and shares of Stock have been issued in accordance with the terms of this Agreement or by action of the Committee, the Units awarded hereunder are not transferable and shall not be sold, transferred, assigned, pledged, gifted, hypothecated or otherwise disposed of or encumbered by the Participant. Transfers of shares of Stock by the Participant are subject to the Company’s Stock Trading Policy.

Appears in 2 contracts

Samples: Deferred Stock Unit Award (Boston Scientific Corp), Performance Share Unit Award Agreement (Boston Scientific Corp)

Limits on Transferability. Until the eligibility vesting conditions of this award have been satisfied and shares of Stock have been issued in accordance with the terms of this Agreement or by action of the Committee, the Units awarded hereunder are not transferable and shall not be sold, transferred, assigned, pledged, gifted, hypothecated or otherwise disposed of or encumbered by the Participant. Transfers of shares of Stock by the Participant are subject to the Company’s 's Stock Trading Policy.

Appears in 2 contracts

Samples: Deferred Stock Unit Award Agreement (Boston Scientific Corp), Deferred Stock Unit Award Agreement (Boston Scientific Corp)

AutoNDA by SimpleDocs

Limits on Transferability. Until the eligibility conditions of this award Award have been satisfied and shares of Stock have been issued in accordance with the terms of this Agreement or by action of the Committee, the Units Restricted DSUs awarded hereunder are not transferable and shall not be sold, transferred, assigned, pledged, gifted, hypothecated or otherwise disposed of or encumbered by the Participant. Transfers of shares of Stock by the Participant are subject to the Company’s Stock Trading Policy.

Appears in 1 contract

Samples: Deferred Stock Unit Award (Boston Scientific Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!