Restrictions and Risk of Forfeiture. During the applicable restricted period specified in Section 3 of this Agreement: (a) the Restricted Stock may not be sold, assigned, pledged or otherwise disposed of or encumbered, and any attempt to do so will be null and void; and (b) the Restricted Stock may be forfeited as provided in Section 4 of this Agreement.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Trump Entertainment Resorts Holdings Lp), Restricted Stock Award Agreement (Trump Entertainment Resorts Holdings Lp)
Restrictions and Risk of Forfeiture. During the applicable restricted period specified in Section 3 of this Agreement:
(a) the The Restricted Stock may not be sold, assigned, pledged or otherwise disposed of or encumbered, and any attempt to do so will be null and void; and
(b) the The Restricted Stock may be forfeited as provided in Section 4 of this Agreement.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Trump Entertainment Resorts Holdings Lp)