Common use of Protections Against Violations of Agreement Clause in Contracts

Protections Against Violations of Agreement. No purported sale, assignment, mortgage, hypothecation, transfer, pledge, encumbrance, gift, transfer in trust (voting or other) or other disposition of, or creation of a security interest in or lien on, the Award or any of the Awarded RSUs underlying it in violation of the provisions of this Award Agreement shall be valid, and the Company shall not issue or transfer any such Awarded RSUs or Common Shares in respect of any Vested RSUs on its books, unless and until there has been full compliance with such provisions to the satisfaction of the Company. The foregoing restrictions are in addition to and not in lieu of any other remedies, legal or equitable, available to enforce said provisions.

Appears in 8 contracts

Samples: Restricted Share Unit Award Agreement (Helmerich & Payne, Inc.), Restricted Share Unit Award Agreement (Helmerich & Payne, Inc.), Restricted Share Unit Award Agreement (Helmerich & Payne, Inc.)

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Protections Against Violations of Agreement. No purported sale, assignment, mortgage, hypothecation, transfer, pledge, encumbrance, gift, transfer in trust (voting or other) or other disposition of, or creation of a security interest in or lien on, the Award or any of the Awarded RSUs underlying it by any holder thereof in violation of the provisions of this Award Agreement shall will be valid, and the Company shall will not issue or transfer any such Awarded RSUs or Common Shares in respect of any Vested said RSUs on its booksbooks nor will any of such RSUs be entitled to vote, nor will any distributions be paid thereon, unless and until there has been full compliance with such said provisions to the satisfaction of the Company. The foregoing restrictions are in addition to and not in lieu of any other remedies, legal or equitable, available to enforce said provisions.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Brookdale Senior Living Inc.)

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