RESTRICTIONS ON SALE OR OTHER TRANSFER. Each RSU awarded to Grantee pursuant to this Agreement shall be subject to forfeiture to the Company and each RSU may not be sold or otherwise transferred except pursuant to the following provisions: (a) The RSUs shall be held in book entry form by the Company until (1) the restrictions set forth herein lapse in accordance with the provisions of Section 4, at which time the RSUs will be converted to Shares, or (2) the RSUs are forfeited pursuant to Section 3(c) hereof. (b) No such RSUs may be sold, transferred or otherwise alienated or hypothecated so long as such RSUs are subject to the restrictions provided for in this Agreement. (c) Upon your termination of employment with the Company or its subsidiaries for any reason other than those which result in a lapse of restrictions pursuant to Section 4(a)(2), then any RSUs as to which the foregoing restrictions have yet to lapse pursuant to Section 4 shall be forfeited by you.
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Samples: Restricted Stock Unit Agreement, Restricted Stock Unit Agreement (Fluor Corp)
RESTRICTIONS ON SALE OR OTHER TRANSFER. Each RSU awarded to Grantee pursuant to this Agreement shall be subject to forfeiture to the Company and each RSU may not be sold or otherwise transferred except pursuant to the following provisions:
(a) The RSUs shall be held in book entry form by the Company until (1) the restrictions set forth herein lapse in accordance with the provisions of Section 4, at which time the RSUs will be converted to Shares, or (2) until the RSUs are forfeited pursuant to Section 3(c) hereof.
(b) No such RSUs may be sold, transferred or otherwise alienated or hypothecated so long as such RSUs are subject to the restrictions provided for in this Agreement.
(c) Upon your termination of employment with the Company or its subsidiaries for any reason other than those which result in a lapse of restrictions pursuant to Section 4(a)(2), then any RSUs as to which the foregoing restrictions have yet to lapse pursuant to Section 4 shall be forfeited by you.
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RESTRICTIONS ON SALE OR OTHER TRANSFER. Each RSU awarded to Grantee pursuant to this Agreement shall be subject to forfeiture to the Company and each RSU may not be sold or otherwise transferred except pursuant to the following provisions:
(a) The RSUs shall be held in book entry form by with the Company Company’s transfer agent until (1) the restrictions set forth herein lapse in accordance with the provisions of Section 4, 4 at which time the RSUs will be converted to Shares, shares of Company common stock or (2) until the RSUs Shares are forfeited pursuant to paragraph (c) of this Section 3(c) hereof3.
(b) No such RSUs may be sold, transferred or otherwise alienated or hypothecated so long as such RSUs are subject to the restrictions provided for in this Agreement.
(c) Upon your termination of employment with the Company or its subsidiaries for any reason other than those which result in a lapse of restrictions pursuant to Section 4(a)(24(b)(2), then any such RSUs as to which the foregoing restrictions have yet to lapse pursuant to Section 4 4, shall be forfeited by youyou and acquired by the Company at no cost to the Company on the date of such termination of employment.
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RESTRICTIONS ON SALE OR OTHER TRANSFER. Each RSU restricted stock unit (“RSU”) awarded to Grantee pursuant to this Agreement shall be subject to forfeiture to the Company and each RSU may not be sold or otherwise transferred except pursuant to the following provisions:
(a) The RSUs shall be held in book entry form by the Company until (1) the restrictions set forth herein lapse in accordance with the provisions of Section 4, at which time the RSUs will be converted to Sharesshares of Company common stock, or (2) until the RSUs are forfeited pursuant to Section 3(c) hereof.
(b) No such RSUs may be sold, transferred or otherwise alienated or hypothecated so long as such RSUs are subject to the restrictions provided for in this Agreement.
(c) Upon your termination of employment with the Company or its subsidiaries for any reason other than those which result in a lapse of restrictions pursuant to Section 4(a)(24(b)(2), then any such Shares subject to such RSUs as to which the foregoing restrictions have yet to lapse pursuant to Section 4 4, shall be forfeited by youyou and acquired by the Company at no cost to the Company on the date of such termination of employment.
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RESTRICTIONS ON SALE OR OTHER TRANSFER. Each RSU restricted stock unit (“RSU”) awarded to Grantee pursuant to this Agreement shall be subject to forfeiture to the Company and each RSU may not be sold or otherwise transferred except pursuant to the following provisions:
(a) The RSUs shall be held in book entry form by the Company until (1) the restrictions set forth herein lapse in accordance with the provisions of Section 4, at which time the RSUs will be converted to Sharesshares of Company common stock, or (2) until the RSUs are forfeited pursuant to Section 3(c) hereof.
(b) No such RSUs may be sold, transferred or otherwise alienated or hypothecated so long as such RSUs are subject to the restrictions provided for in this Agreement.
(c) Upon your termination of employment with the Company or its subsidiaries for any reason other than those which result in a lapse of restrictions pursuant to Section 4(a)(2), then any RSUs as to which the foregoing restrictions have yet to lapse pursuant to Section 4 shall be forfeited by you.
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