Common use of Restrictions; Forfeiture Clause in Contracts

Restrictions; Forfeiture. The Restricted Stock may not be sold, transferred, pledged, assigned or otherwise alienated or hypothecated until its restrictions are removed or expire. The Restricted Stock may be forfeited to the Company pursuant to Section 5(b), at which time the Company shall have the right to instruct the Company’s transfer agent to transfer the Restricted Stock to the Company to be held by the Company in treasury or by any designee of the Company.

Restrictions; Forfeiture. The Restricted Stock may not be sold, transferred, pledged, assigned or otherwise alienated or hypothecated until its restrictions are removed or expire. The Restricted Stock may be forfeited to the Company pursuant to Section Sections 5(b)) and 7, at which time the Company shall have the right to instruct the Company’s transfer agent to transfer the Restricted Stock to the Company to be held by the Company in treasury or by any designee of the Company.

Restrictions; Forfeiture. The Restricted Stock are restricted in that they may not be sold, transferred, pledged, assigned transferred or otherwise alienated or hypothecated until its these restrictions are removed or expireexpire as contemplated within this Agreement. The Restricted Stock are also restricted in the sense that they may be forfeited to the Company Company. Participant hereby agrees that if the Restricted Stock are forfeited pursuant to Section 5(b), at which time this Agreement the Company shall have the right to instruct deliver the Restricted Stock to the Company’s transfer agent for, at the Company’s election, cancellation or transfer to transfer the Restricted Stock to the Company to be held by the Company in treasury or by any designee of the Company.

Restrictions; Forfeiture. The Restricted Stock may not be sold, transferred, pledged, assigned or otherwise alienated or hypothecated until its restrictions are removed or expire. The Restricted Stock may be forfeited to the Company pursuant to Section 5(b5(c), at which time the Company shall have the right to instruct the Company’s transfer agent to transfer the Restricted Stock to the Company to be held by the Company in treasury or by any designee of the Company.

Restrictions; Forfeiture. The Restricted Stock may not be sold, transferred, pledged, assigned or otherwise alienated or hypothecated until its restrictions are removed or expire. The Restricted Stock may be forfeited to the Company pursuant to Section Sections 5(b)) and 8, at which time the Company shall have the right to instruct the Company’s transfer agent to transfer the Restricted Stock to the Company to be held by the Company in treasury or by any designee of the Company.

Restrictions; Forfeiture. The Restricted Stock is restricted in that it may not be sold, transferred, pledged, assigned or otherwise alienated or hypothecated until its restrictions are removed or expireexpire as described in Sections 5, 6 or 7 of this Agreement. The Restricted Stock is also restricted in the sense that it may be forfeited to the Company pursuant to Section 5(b), at which time the Company shall have the right to instruct the Company’s transfer agent to transfer the Restricted Stock to the Company to be held by the Company in treasury or by any designee of the Company.