Nontransferability of Restricted Stock. Except as otherwise determined by the Committee, during the applicable Period of Restriction, a Participant’s Restricted Stock and rights relating thereto shall be available during the Participant’s lifetime only to such Participant, and such Restricted Stock and related rights may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated other than by will or by the laws of descent and distribution.
Appears in 4 contracts
Samples: Omnibus Incentive Plan (Remy International, Inc.), 2011 Omnibus Incentive Plan (First Federal Bancshares of Arkansas Inc), 2008 Omnibus Incentive Plan (Lender Processing Services, Inc.)
