Common use of Prohibitions Against Sale, Assignment, etc.; Payment to Legal Representative Clause in Contracts

Prohibitions Against Sale, Assignment, etc.; Payment to Legal Representative. (a) Unvested Shares may not be sold, assigned, transferred, exchanged, pledged, hypothecated or otherwise encumbered, other than as may be required pursuant to Section 10.2, unless and until the Restricted Period terminates and the Awarded Shares are released and reissued by PNC pursuant to Section 9.

Appears in 1 contract

Samples: Restricted Stock Agreement (PNC Financial Services Group Inc)

AutoNDA by SimpleDocs

Prohibitions Against Sale, Assignment, etc.; Payment to Legal Representative. (a) Unvested Restricted Shares may not be sold, assigned, transferred, exchanged, pledged, hypothecated or otherwise encumberedalienated or hypothecated, other than as may be required pursuant to Section 10.2, unless and until all of the conditions of the Agreement have been satisfied with respect to such Restricted Shares, the Restricted Period terminates terminates, and the Awarded Restricted Shares are released and reissued by PNC pursuant to Section 9.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (PNC Financial Services Group, Inc.)

Prohibitions Against Sale, Assignment, etc.; Payment to Legal Representative. (a) Unvested Restricted Shares may not be sold, assigned, transferred, exchanged, pledged, hypothecated or otherwise encumberedalienated or hypothecated, other than as may be required pursuant to Section 10.2, unless and until all of the conditions of the Agreement have been satisfied with respect to such Restricted Shares, the applicable Restricted Period terminates, and the Restricted Period terminates and the Awarded Shares are released and reissued by PNC pursuant to Section 9.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (PNC Financial Services Group, Inc.)

Prohibitions Against Sale, Assignment, etc.; Payment to Legal Representative. (a) Unvested Shares may not be sold, assigned, transferred, exchanged, pledged, hypothecated or otherwise encumbered, other than as may be required pursuant to Section 10.2, unless and until the [applicable] Restricted Period terminates and the Awarded Shares are released and reissued by PNC pursuant to Section 9.

Appears in 1 contract

Samples: Restricted Stock Agreement (PNC Financial Services Group Inc)

AutoNDA by SimpleDocs

Prohibitions Against Sale, Assignment, etc.; Payment to Legal Representative. (a) Unvested Restricted Shares may not be sold, assigned, transferred, exchanged, pledged, hypothecated or otherwise encumberedalienated or hypothecated, other than as may be required pursuant to Section 10.2, unless and until all of the conditions of the Agreement have been satisfied with respect to such Restricted Shares, the [applicable] Restricted Period terminates, and the Restricted Period terminates and the Awarded Shares are released and reissued by PNC pursuant to Section 9.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (PNC Financial Services Group, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.