Common use of Restrictions; Forfeiture Clause in Contracts

Restrictions; Forfeiture. The Restricted Stock Units are restricted in that they may not be sold, transferred or otherwise alienated or hypothecated until these restrictions are removed or expire as contemplated in Section 6 or 7 of this Agreement and Stock is issued to you as described in Section 5 of this Agreement. The Restricted Stock Units are also subject to forfeiture to the Company (the “Forfeiture Restrictions”) pursuant to Section 7 of this Agreement.

Appears in 28 contracts

Samples: Restricted Stock Unit Agreement, Employment Agreement (Energy Future Holdings Corp /TX/), Employment Agreement (Energy Future Holdings Corp /TX/)

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Restrictions; Forfeiture. The Restricted Stock Units are restricted in that they may not be sold, transferred or otherwise alienated or hypothecated until these restrictions are removed or expire as contemplated in Section 6 or 7 of this Agreement and Stock is issued to you as described in Section 5 or 6 of this Agreement. The Restricted Stock Units are also subject to forfeiture restricted in the sense that they may be forfeited to the Company (the “Forfeiture Restrictions”) pursuant to Section 7 of this Agreement).

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Cactus, Inc.), Restricted Stock Unit Agreement (Cactus, Inc.), Restricted Stock Unit Agreement (Cactus, Inc.)

Restrictions; Forfeiture. The Restricted Stock Units are restricted in that they may not be sold, transferred or otherwise alienated or hypothecated until these restrictions are removed or expire as contemplated in Section 6 or 7 of this Agreement and Stock is issued Shares or cash are distributed to you as described in Section 5 of this Agreement. The Restricted Stock Units are also subject to forfeiture to restricted in the Company sense that they may be forfeited (the “Forfeiture Restrictions”) pursuant to Section 7 of this Agreement).

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Venator Materials PLC), Restricted Stock Unit Agreement (Venator Materials PLC), Restricted Stock Unit Agreement (Venator Materials PLC)

Restrictions; Forfeiture. The Restricted Stock Units are restricted in that they may not be sold, transferred or otherwise alienated or hypothecated until these restrictions are removed or expire as contemplated in Section 6 or 7 of this Agreement and Stock is issued to you as described in Section 5 of this Agreement. The Restricted Stock Units are also subject to forfeiture restricted in the sense that they may be forfeited to the Company (the “Forfeiture Restrictions”) pursuant to Section 7 of this Agreement).

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Trecora Resources), Restricted Stock Unit Agreement (Trecora Resources)

Restrictions; Forfeiture. The Restricted Stock Units are restricted in that they may not be sold, transferred or otherwise alienated or hypothecated until these restrictions are removed or expire as contemplated in Section 6 or 7 of this Agreement and Stock is issued to you as described in Section 5 of this Agreement. The Restricted Stock Units are also subject to forfeiture restricted in the sense that they may be forfeited to the Company (the "Forfeiture Restrictions”) pursuant to Section 7 of this Agreement").

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Trecora Resources), Restricted Stock Unit Agreement (Trecora Resources)

Restrictions; Forfeiture. The Restricted Stock Units are restricted in that they may not be sold, transferred or otherwise alienated or hypothecated until these the restrictions are removed or expire as contemplated in Section 6 or 7 of this Agreement and Stock is issued or cash is paid to you as described in Section 5 of this Agreement5. The Restricted Stock Units are also subject to forfeiture restricted because they may be forfeited to the Company if they fail to vest in accordance with Section 6 (the “Forfeiture Restrictions”) pursuant to Section 7 of this Agreement).

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Energy XXI LTD), Restricted Stock Unit Agreement (Energy XXI LTD)

Restrictions; Forfeiture. The Restricted Stock Units are restricted in that they (i) may not be sold, transferred or otherwise alienated or hypothecated until these restrictions are removed or expire as contemplated in Section 6 or 7 of this Agreement and Stock is issued to you as described in Section 5 the Notice of this Agreement. The Restricted Stock Units are also subject to forfeiture Grant and (ii) may be forfeited to the Company (the “Forfeiture Restrictions”) pursuant ). Your rights with respect to Section 7 of this Agreementthe Restricted Stock Units shall remain forfeitable at all times prior to the date on which the Forfeiture Restrictions lapse.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Reata Pharmaceuticals Inc), Restricted Stock Unit Agreement (Energy XXI Gulf Coast, Inc.)

Restrictions; Forfeiture. The Restricted Stock Units are restricted in that they may not be sold, transferred or otherwise alienated or hypothecated until these restrictions are removed or expire as contemplated in Section 6 or 7 of this Agreement and Stock is issued to you as described in Section 5 of this Agreement5. The Restricted Stock Units are also subject to forfeiture restricted in the sense that they may be forfeited to the Company (the “Forfeiture Restrictions”) pursuant to Section 7 of this Agreement).

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Us Concrete Inc), Restricted Stock Unit Agreement (Us Concrete Inc)

Restrictions; Forfeiture. The Restricted Stock Units are restricted in that they may not be sold, transferred or otherwise alienated or hypothecated until these restrictions are removed or expire as contemplated in Section 6 or Section 7 of this Agreement and as described in the Notice of Grant and Stock is issued to you as described in Section 5 of this Agreement. The Restricted Stock Units are also subject to forfeiture restricted in the sense that they may be forfeited to the Company (the “Forfeiture Restrictions”) pursuant to Section 7 of this Agreement).

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Parsley Energy, Inc.)

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Restrictions; Forfeiture. The Restricted Stock Units are restricted in that they may not be sold, transferred or otherwise alienated or hypothecated until these restrictions are removed or expire as contemplated in Section 6 or 7 of this Agreement and Stock is issued to you as described in Section 5 or 6 of this Agreement. The Restricted Stock Units are also subject to forfeiture restricted in the sense that they may be forfeited to the Company (the Forfeiture RestrictionsRestrictions ) pursuant to Section 7 of this Agreement).

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Cactus, Inc.)

Restrictions; Forfeiture. The Restricted Stock Units are restricted in that they may not be sold, transferred or otherwise alienated or hypothecated until these restrictions are removed or expire as contemplated in Section 6 7 or 7 8 of this Agreement and Stock is issued Shares or cash are distributed to you as described in Section 5 6 of this Agreement. The Restricted Stock Units are also subject to forfeiture to restricted in the Company sense that they may be forfeited (the “Forfeiture Restrictions”) pursuant to Section 7 of this Agreement).

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Venator Materials PLC)

Restrictions; Forfeiture. The Restricted Stock Units are restricted in that they may not be sold, transferred or otherwise alienated or hypothecated until these restrictions are removed or expire as contemplated in Section 5 or 6 or 7 of this Agreement and Stock is issued to you as described in Section 5 4 of this Agreement. The Restricted Stock Units are also subject to forfeiture restricted in the sense that they may be forfeited to the Company (the “Forfeiture Restrictions”) pursuant to Section 7 of this Agreement).

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Trecora Resources)

Restrictions; Forfeiture. The Restricted Stock Units are restricted in that they may not be sold, transferred or otherwise alienated or hypothecated until these restrictions are removed or expire as contemplated in Section 6 or 7 of this Agreement and as described in the Notice of Grant and Stock is issued to you as described in Section 5 of this Agreement. The Restricted Stock Units are also subject to forfeiture restricted in the sense that they may be forfeited to the Company (the “Forfeiture Restrictions”) pursuant to Section 7 of this Agreement).

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Fmsa Holdings Inc)

Restrictions; Forfeiture. The Restricted Stock Units are restricted in that they may not be sold, transferred or otherwise alienated or hypothecated until these restrictions are removed or expire as contemplated in Section 6 or 7 of this Agreement and Stock is issued to you as described in Section 5 of this Agreement. The Restricted Stock Units are also subject to forfeiture to the Company (the “Forfeiture Restrictions”) pursuant to Section 7 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Energy Future Holdings Corp /TX/)

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