Common use of No Transfers of Unvested RSUs Clause in Contracts

No Transfers of Unvested RSUs. Recipient agrees for himself or herself and his or her executors, administrators and other successors in interest that none of the RSUs, nor any interest therein, may be voluntarily or involuntarily sold, transferred, assigned, donated, pledged, hypothecated or otherwise disposed of, gratuitously or for consideration prior to their vesting in accordance with this Agreement.

Appears in 8 contracts

Samples: Restricted Stock Unit Agreement (Lithia Motors Inc), Restricted Stock Unit Agreement (Lithia Motors Inc), Restricted Stock Unit Agreement (Lithia Motors Inc)

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No Transfers of Unvested RSUs. Except for a transfer upon Recipient’s death, Recipient agrees for himself or herself and herself, his or her executors, administrators and other successors in interest that none of the RSUs, nor any interest therein, may be voluntarily or involuntarily sold, transferred, assigned, donated, pledged, hypothecated or otherwise disposed of, gratuitously or for consideration prior to their vesting in accordance with this Agreement.

Appears in 6 contracts

Samples: Restricted Stock Unit Agreement (Lithia Motors Inc), Restricted Stock Unit Agreement (Lithia Motors Inc), Restricted Stock Unit Agreement (Lithia Motors Inc)

No Transfers of Unvested RSUs. Recipient agrees for himself or herself and herself, his or her executors, administrators and other successors in interest that none of the RSUs, nor any interest therein, may be voluntarily or involuntarily sold, transferred, assigned, donated, pledged, hypothecated or otherwise disposed of, gratuitously or for consideration prior to their vesting in accordance with this Agreement.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Lithia Motors Inc), Restricted Stock Unit Agreement (Lithia Motors Inc), Restricted Stock Unit Agreement (Lithia Motors Inc)

No Transfers of Unvested RSUs. Except for a transfer upon Recipient’s death, Recipient agrees for himself or herself and herself, his or her executors, administrators and other successors in interest that none of the RSUs, nor any interest therein, may be voluntarily or involuntarily sold, transferred, assigned, donated, pledged, hypothecated or otherwise disposed of, gratuitously or for consideration prior to their vesting in accordance with this Agreement.. (for non-employee directors)

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Lithia Motors Inc), Restricted Stock Unit Agreement (Lithia Motors Inc)

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No Transfers of Unvested RSUs. Recipient Except for a transfer upon Xxxxxxxxx’s death, Xxxxxxxxx agrees for himself or herself and herself, his or her executors, administrators and other successors in interest that none of the RSUs, nor any interest therein, may be voluntarily or involuntarily sold, transferred, assigned, donated, pledged, hypothecated or otherwise disposed of, gratuitously or for consideration prior to their vesting in accordance with this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Lithia Motors Inc)

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