Restriction on Transfer of Restricted Shares. None of the Restricted Shares or any beneficial interest therein shall be transferred, encumbered, pledged or otherwise alienated or disposed of in any way until they have become vested in accordance with Section 2 of this Agreement. Even after any of the Restricted Shares become transferable pursuant to this Agreement, they will remain subject to the transfer restrictions set forth in the Shareholders Agreement.
Appears in 3 contracts
Samples: Award Agreement for Restricted Shares (Five Below, Inc), Option Cancellation Agreement (Five Below, Inc), Option Cancellation Agreement (Five Below, Inc)
Restriction on Transfer of Restricted Shares. None of the Restricted Shares or any beneficial interest therein shall be transferred, encumbered, pledged or otherwise alienated or disposed of in any way until they have become vested in accordance with Section 2 of this Agreement. Even after any of the Restricted Shares become transferable pursuant to this Agreement, they will remain subject to the transfer restrictions set forth in the Shareholders Agreement.
Appears in 3 contracts
Samples: Award Agreement for Restricted Shares (S1 Biopharma, Inc.), Award Agreement for Restricted Shares (S1 Biopharma, Inc.), Award Agreement for Restricted Shares (Five Below, Inc)
Restriction on Transfer of Restricted Shares. None of the The Restricted Shares or any beneficial interest therein shall may be transferred, encumbered, pledged or otherwise alienated or disposed of in any way until they have become vested in accordance with Section 2 of this Agreement. Even after by the Grantee at any of the Restricted Shares become transferable pursuant to this Agreementtime, they will remain subject to the transfer restrictions set forth in the Shareholders Agreement.
Appears in 2 contracts
Samples: Option Cancellation Agreement (Five Below, Inc), Option Cancellation Agreement (Five Below, Inc)
Restriction on Transfer of Restricted Shares. None Except for the escrow described in Section 3 hereof or the repurchase by the Company contemplated by Section 2(b) hereof, none of the Restricted Shares or any beneficial interest therein shall be transferred, encumbered, pledged or otherwise alienated or disposed of in any way until they have become vested in accordance with Section 2 of this Agreement. Even after any of the Restricted Shares become transferable pursuant to this Agreement, they will remain subject to the transfer restrictions set forth in the Shareholders Agreement.
Appears in 1 contract
Samples: Award Agreement for Restricted Shares (Five Below, Inc)
