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: Deferred Stock Unit Agreement (Ansys Inc), Restricted Stock Unit Agreement (Ansys Inc), Restricted Stock Unit Agreement (Ansys Inc)
Restrictions on Transfer of Award. The Award shall not be sold, transferred, pledged, assigned or otherwise encumbered or disposed of by the Grantee, until (i) the Restricted Stock Units have vested as provided in Section 2 of this Award Agreement, and (ii) shares of Stock have been issued pursuant to Section 3 hereof4 of this Award Agreement.
Appears in 2 contracts
Samples: Deferred Stock Award Agreement, Deferred Stock Award Agreement (Irobot 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
