Common use of Prohibitions Against Sale, Assignment, etc Clause in Contracts

Prohibitions Against Sale, Assignment, etc. Unvested Shares may not be sold, assigned, transferred, exchanged, pledged, hypothecated or otherwise encumbered, other than by will or the laws of descent and distribution or 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 2 contracts

Samples: Employee Stock Option Agreement (PNC Financial Services Group Inc), Nonstatutory Stock Option Agreement (PNC Financial Services Group Inc)

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Prohibitions Against Sale, Assignment, etc. Unvested Shares may not be sold, assigned, transferred, exchanged, pledged, hypothecated or otherwise encumbered, other than by will or the laws of descent and distribution or 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 2 contracts

Samples: Employee Stock Option Agreement (PNC Financial Services Group Inc), Nonstatutory Stock Option Agreement (PNC Financial Services Group Inc)

Prohibitions Against Sale, Assignment, etc. Unvested Shares may not be sold, assigned, transferred, exchanged, pledged, hypothecated or otherwise encumbered, other than by will or the laws of descent and distribution or as may be required pursuant to Section 10.2, unless and until the applicable Restricted Period terminates and the Awarded Shares are released and issued or reissued by PNC pursuant to Section 9.

Appears in 1 contract

Samples: Employee Stock Option Agreement (PNC Financial Services Group Inc)

Prohibitions Against Sale, Assignment, etc. Unvested Shares may not be sold, assigned, transferred, exchanged, pledged, hypothecated or otherwise encumbered, other than by will or the laws of descent and distribution or as may be required pursuant to Section 10.2, unless and until the Restricted Period terminates and the Awarded Shares are released and issued or reissued by PNC pursuant to Section 9.

Appears in 1 contract

Samples: Employee Stock Option Agreement (PNC Financial Services Group Inc)

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Prohibitions Against Sale, Assignment, etc. Unvested Shares may not be sold, assigned, transferred, exchanged, pledged, hypothecated or otherwise encumbered, other than by will or the laws of descent and distribution or as may be required pursuant to Section 10.2distribution, unless and until the applicable Restricted Period terminates and the Awarded Shares are released and reissued by PNC the Corporation pursuant to Section 96 below.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (PNC Financial Services Group Inc)

Prohibitions Against Sale, Assignment, etc. Unvested Shares may not be sold, assigned, transferred, exchanged, pledged, hypothecated or otherwise encumbered, other than by will or the laws of descent and distribution or as may be required pursuant to Section 10.2, unless and until the Restricted Period terminates and the Awarded Shares are released and reissued issued by PNC pursuant to Section 9.

Appears in 1 contract

Samples: Employee Stock Option Agreement (PNC Financial Services Group Inc)

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