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 (Collegium Pharmaceutical, Inc), Restricted Stock Award Agreement (Collegium Pharmaceutical, Inc), Restricted Stock Award Agreement (Collegium Pharmaceutical Inc)
No Transfer of Unvested Restricted Shares. The Thirty-Seven Thousand Five Hundred (37,500) of the Shares (the “Restricted Shares are Shares”) shall be 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 2 contracts
Samples: Restricted Stock Award Agreement (Collegium Pharmaceutical, Inc), Restricted Stock Award Agreement (Collegium Pharmaceutical Inc)
