Limits on Transferability. During the period of time that any shares of Restricted Stock are unvested, such unvested shares shall not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of, other than by will or the laws of descent and distribution, or to a beneficiary upon the death of the Participant, or as otherwise permitted by the Board.
Appears in 4 contracts
Samples: Restricted Stock Agreement (1st Constitution Bancorp), Restricted Stock Agreement (1st Constitution Bancorp), Restricted Stock Agreement (1st Constitution Bancorp)
Limits on Transferability. During the period of time that any shares of Restricted Stock are unvested, such unvested shares shall not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of, other than by will or the laws of descent and distribution, or to a beneficiary upon the death of the Participant, or as otherwise specifically permitted by the BoardCommittee.
Appears in 3 contracts
Samples: Restricted Stock Agreement (Two River Bancorp), Restricted Stock Agreement (Community Partners Bancorp), Restricted Stock Agreement (Community Partners Bancorp)
Limits on Transferability. During the period of time that any shares of Restricted Stock are unvested, such unvested shares shall not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of, other than by will or the laws of descent and distribution, or to a beneficiary upon the death of the Participant, or as otherwise permitted by the BoardCommittee.
Appears in 3 contracts
Samples: Restricted Stock Agreement (1st Constitution Bancorp), Restricted Stock Agreement (1st Constitution Bancorp), Restricted Stock Agreement (1st Constitution Bancorp)
Limits on Transferability. During the period of time that any shares of Restricted Stock are unvested, such unvested shares shall not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of, other than by will or the applicable laws of descent and distribution, or to a beneficiary upon the death of the Participant, or as otherwise permitted by the BoardCommittee.
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Limits on Transferability. During the period of time that any shares of Restricted Stock are unvested, such unvested shares shall not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of, other than by will or the laws of descent and distribution, or to a beneficiary upon the death of the Participant, or as otherwise permitted by the BoardAdministrator.
Appears in 1 contract
