Common use of No Transfers of Unvested Shares Clause in Contracts

No Transfers of Unvested Shares. The Grantee agrees for himself or herself, his or her executors, administrators and other successors in interest that during the Restricted Period none of the Unvested Shares, nor any interest therein, may be voluntarily or involuntarily sold, encumbered, transferred, assigned, donated, pledged, hypothecated or otherwise disposed of, gratuitously or for consideration prior to their vesting in accordance with the Vesting Schedule set forth in Schedule A.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Umpqua Holdings Corp), Restricted Stock Award Agreement (Umpqua Holdings Corp), Restricted Stock Award Agreement (Umpqua Holdings Corp)

AutoNDA by SimpleDocs

No Transfers of Unvested Shares. The Grantee agrees for himself or herself, his or her executors, administrators and other successors in interest that during the Restricted Period none of the Unvested SharesRestricted Stock Units, nor any interest therein, may be voluntarily or involuntarily sold, encumbered, transferred, assigned, donated, pledged, hypothecated or otherwise disposed of, gratuitously or for consideration prior to their vesting in accordance with the Vesting Schedule set forth in Schedule A.Section 2.2.

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 Shares. The Grantee agrees for himself or herself, his or her executors, administrators and other successors in interest that during the Restricted Period none of the Unvested SharesShares (as defined in Schedule A), nor any interest therein, may be voluntarily or involuntarily sold, encumbered, transferred, assigned, donated, pledged, hypothecated or otherwise disposed of, gratuitously or for consideration prior to their vesting in accordance with the Vesting Schedule set forth in Schedule A.

Appears in 1 contract

Samples: Restricted Stock Agreement (Umpqua Holdings Corp)

AutoNDA by SimpleDocs

No Transfers of Unvested Shares. The Grantee agrees for himself or herself, his or her executors, administrators and other successors in interest that during the Restricted Period none of the Unvested Shares, nor any interest therein, may be voluntarily or involuntarily sold, encumbered, transferred, assigned, donated, pledged, hypothecated or otherwise disposed of, gratuitously or for consideration prior to their vesting in accordance with the Vesting Schedule set forth in Schedule A.

Appears in 1 contract

Samples: Restricted Stock Agreement (Lithia Motors Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!