Common use of No Transfer of Shares Clause in Contracts

No Transfer of Shares. During the period of time that any shares of Restricted Stock are unvested as set forth in paragraphs 1(b) below (the “Restricted Period”), such unvested shares shall not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of, except by will or the laws of descent and distribution or as provided in this Agreement.

Appears in 6 contracts

Samples: Restricted Stock Agreement (Talbots Inc), Employment Agreement (Talbots Inc), Employment Agreement (Talbots Inc)

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No Transfer of Shares. During the period of time that any shares of Restricted Stock are unvested as set forth in paragraphs 1(b) below (the "Restricted Period"), such unvested shares shall not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of, except by will or the laws of descent and distribution or as provided in this Agreement.

Appears in 1 contract

Samples: Grant Agreement (Talbots Inc)

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No Transfer of Shares. During the period of time that any shares of Restricted Stock are unvested as set forth in paragraphs 1(b) below (the “Restricted Period”), such unvested shares shall not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of, except by will or the laws of descent and distribution or as provided in this Agreement.

Appears in 1 contract

Samples: Restricted Stock Agreement (Talbots Inc)

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