Restrictions on Transfer of Award. The Award shall not be sold, transferred, pledged, assigned or otherwise encumbered or disposed of by the Grantee, until shares of Stock have been issued pursuant to Section 3 hereof.
Appears in 11 contracts
Samples: Restricted Stock Unit Agreement (Ansys Inc), Restricted Stock Unit Agreement (Ansys Inc), Deferred Stock Unit Agreement (Ansys Inc)
Restrictions on Transfer of Award. (a) The Award shall may not be sold, transferred, pledged, assigned or otherwise encumbered or disposed of by the Grantee, Grantee until (i) the Restricted Stock Units have vested as provided in Section 3 of this Agreement and (ii) shares of Stock have been issued pursuant to Section 3 hereofthe Grantee.
Appears in 9 contracts
Samples: Restricted Stock Unit Agreement (EPIX Pharmaceuticals, Inc.), Restricted Stock Unit Agreement (EPIX Pharmaceuticals, Inc.), Restricted Stock Unit Agreement (Mac-Gray Corp)
Restrictions on Transfer of Award. (a) The Award shall may not be sold, transferred, pledged, assigned or otherwise encumbered or disposed of by the Grantee, Grantee until shares of the Restricted Stock Units have been issued vested pursuant to Section 3 hereof3.
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (Mac-Gray Corp), Restricted Stock Unit Agreement (Mac-Gray Corp)
Restrictions on Transfer of Award. The Award shall not be sold, transferred, pledged, assigned or otherwise encumbered or disposed of by the Grantee, until shares of Stock have been issued pursuant to Section 3 hereof. 2.
Appears in 1 contract
