No Transfers Permitted. Any attempt to assign, alienate, pledge, attach, sell or otherwise transfer or encumber the Target Award Restricted Shares or the rights relating thereto shall be wholly ineffective and, if any such attempt is made, the Target Award Restricted Shares will be forfeited by the Holder and all of the Holder’s rights to such shares shall immediately terminate without any payment or consideration by the Company.
Appears in 2 contracts
Samples: Sign on Performance Award Agreement (Capital Senior Living Corp), Performance Award Agreement (Capital Senior Living Corp)
No Transfers Permitted. Any attempt to assign, alienate, pledge, attach, sell or otherwise transfer or encumber the Target Award Restricted Shares or the rights relating thereto shall be wholly ineffective and, if any such attempt is made, the Target Award Restricted Shares will be forfeited by the Holder and all of the Holder’s rights to such shares shall immediately terminate without any payment or consideration by the Company.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Capital Senior Living Corp), Restricted Stock Award Agreement (Capital Senior Living Corp)
