Nontransferability of Award and Shares. The Award shall not be transferable (including by sale, assignment, pledge or hypothecation) other than by will or the laws of intestate succession. The designation of a beneficiary does not constitute a transfer. The Participant shall not sell, transfer, assign, pledge or otherwise encumber the Shares subject to the Award until all conditions to vesting have been met.
Appears in 8 contracts
Samples: Restricted Stock Unit Agreement (Rf Micro Devices Inc), Restricted Stock Unit Agreement (Rf Micro Devices Inc), Restricted Stock Unit Agreement (Rf Micro Devices Inc)
Nontransferability of Award and Shares. The Award shall not be transferable (including by sale, assignment, pledge or hypothecation) other than by will or the laws of intestate succession. The designation of a beneficiary does not constitute a transfer. The Participant shall not sell, transfer, assign, pledge or otherwise encumber the Shares subject to the Award (except as provided in Section 12 herein) until the Restriction Period has expired and all conditions to vesting and transfer have been met.
Appears in 5 contracts
Samples: Restricted Stock Award Agreement (Targacept Inc), Restricted Stock Award Agreement (Targacept Inc), Restricted Stock Award Agreement (Charles & Colvard LTD)
Nontransferability of Award and Shares. The Award shall not be transferable (including by sale, assignment, pledge or hypothecation) other than by will or the laws of intestate succession. The designation of a beneficiary in accordance with the Plan does not constitute a transfer. The Participant shall not sell, transfer, assign, pledge or otherwise encumber the Shares subject to the Award until all conditions to vesting have been met.
Appears in 3 contracts
Samples: Restricted Stock Unit Agreement (Rf Micro Devices Inc), Restricted Stock Unit Agreement (Rf Micro Devices Inc), Restricted Stock Unit Agreement (Rf Micro Devices Inc)
Nontransferability of Award and Shares. The Award shall not be transferable (including by sale, assignment, pledge or hypothecation) other than transfers by will or the laws of intestate succession. The designation of a beneficiary in accordance with the Plan does not constitute a transfer. The Participant shall not sell, transfer, assign, pledge or otherwise encumber the Shares subject to the Award (except as provided in Section 13 herein) until the Restriction Period has expired and all conditions to vesting and transfer have been met.
Appears in 3 contracts
Samples: Restricted Stock Award Agreement (Old Dominion Freight Line, Inc.), Restricted Stock Award Agreement (Old Dominion Freight Line Inc/Va), Restricted Stock Award Agreement (Old Dominion Freight Line Inc/Va)
Nontransferability of Award and Shares. The Award shall not be transferable (including by sale, assignment, pledge or hypothecation) other than transfers by will or the laws of intestate succession. The designation , and the Participant or other recipient of a beneficiary does not constitute a transfer. The Participant the Award shall not sell, transfer, assign, pledge or otherwise encumber the Shares subject to the Award until the Performance Period has expired and all conditions to earning and vesting in the Award have been met. The designation of a beneficiary in accordance with the Plan does not constitute a transfer.
Appears in 3 contracts
Samples: Performance Share Award Agreement (Atlantic Capital Bancshares, Inc.), Performance Share Award Agreement (Atlantic Capital Bancshares, Inc.), Performance Share Award Agreement (Atlantic Capital Bancshares, Inc.)
Nontransferability of Award and Shares. The Award shall not be transferable (including by sale, assignment, pledge or hypothecation) other than by will or the laws of intestate succession. The designation of a beneficiary does not constitute a transfer. The Participant You shall not sell, transfer, assign, pledge or otherwise encumber the Shares shares subject to the Award until all conditions to vesting requirements have been met.
Appears in 3 contracts
Samples: Restricted Stock Agreement (Focus Enhancements Inc), Restricted Stock Agreement (Focus Enhancements Inc), Restricted Stock Agreement (Focus Enhancements Inc)
Nontransferability of Award and Shares. The Award shall not be transferable (including by sale, assignment, pledge or hypothecation) other than transfer by will or the laws of intestate succession. The designation of a beneficiary does not constitute a transfer. The Participant shall not sell, transfer, assign, pledge or otherwise encumber the Shares subject to the Award (except as provided in Section 13 herein) until the Restriction Period has expired and all conditions to vesting and transfer have been met. The designation of a beneficiary in accordance with the Plan does not constitute a transfer.
Appears in 3 contracts
Samples: Restricted Stock Award Agreement (Streamline Health Solutions Inc.), Restricted Stock Award Agreement (Streamline Health Solutions Inc.), Restricted Stock Award Agreement (Streamline Health Solutions Inc.)
Nontransferability of Award and Shares. The Award shall not be transferable (including by sale, assignment, pledge or hypothecation) other than transfers by will or the laws of intestate succession. The designation , and the Participant or other recipient of a beneficiary does not constitute a transfer. The Participant the Award shall not sell, transfer, assign, pledge or otherwise encumber the Shares subject to the Award until the Restriction Period has expired and all conditions to vesting have been met. The designation of a beneficiary in accordance with the Plan does not constitute a transfer.
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (Atlantic Capital Bancshares, Inc.), Restricted Stock Unit Agreement (Atlantic Capital Bancshares, Inc.)
Nontransferability of Award and Shares. The Award Award, to the extent not vested, shall not be transferable (including by sale, assignment, pledge or hypothecation) other than by will or the laws of intestate succession. The designation of a beneficiary in accordance with the Plan does not constitute a transfer. The Participant shall not sell, transfer, assign, pledge or otherwise encumber the Shares subject to (except as may be provided in Section 13 herein) until the Award until Restriction Period has expired and all conditions to vesting and transfer have been met.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Pokertek, Inc.), Restricted Stock Award Agreement (Pokertek Inc)
Nontransferability of Award and Shares. The Award shall not be transferable (including by sale, assignment, pledge or hypothecation) other than by will or the laws of intestate succession. The designation of a beneficiary does not constitute a transfer. The Participant shall not sell, transfer, assign, pledge or otherwise encumber the Shares subject to the Award until the Restriction Period has expired and all conditions to vesting and transfer have been met.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (First Bancorp /Nc/)
Nontransferability of Award and Shares. The Award shall not be transferable (including by sale, assignment, pledge or hypothecation) other than by will or will, the laws of intestate successiondescent and distribution or a qualified domestic relations order. The designation of a beneficiary does not constitute a transfer. The Participant shall not sell, transfer, assign, pledge or otherwise encumber the Shares subject to the Award until the Restriction Period has expired and all conditions to vesting and transfer have been met.
Appears in 1 contract
