Common use of No Transfer of Unvested Restricted Shares Clause in Contracts

No Transfer of Unvested Restricted Shares. The Restricted Shares are subject to forfeiture to the Company until they become vested in accordance with this Section 2. While subject to forfeiture, the Restricted Shares may not be sold, pledged, assigned, otherwise encumbered or transferred in any manner, whether voluntarily or involuntarily by the operation of law.

Appears in 4 contracts

Samples: Restricted Stock Award Agreement Under 2012 Stock Incentive Plan (Collegium Pharmaceutical, Inc), Restricted Stock Award Agreement Under 2012 Stock Incentive Plan (Collegium Pharmaceutical, Inc), Restricted Stock Award Agreement Under 2012 Stock Incentive Plan (Collegium Pharmaceutical Inc)

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