Common use of Restrictions on Transfer of Executive Stock Clause in Contracts

Restrictions on Transfer of Executive Stock. Executive shall not sell, -- --------------------------------------------- pledge or otherwise transfer any interest in any Executive Stock except pursuant to: (i) a Public Sale, (ii) the provisions of paragraph 4 hereof, (iii) paragraphs 3 or 4 of the Security Holders Agreement dated April 1, 1998 as amended by and among the parties hereto and other parties, or (iv) upon the death of Executive pursuant to his or her will or the laws of descent and distribution.

Appears in 3 contracts

Samples: Executive Stock Agreement (Aircraft Service International Group Inc), Executive Stock Agreement (Aircraft Service International Group Inc), Executive Stock Agreement (Aircraft Service International Group Inc)

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Restrictions on Transfer of Executive Stock. Executive shall not sell, -- --------------------------------------------- ----------------------------------------------- pledge or otherwise transfer any interest in any Executive Stock except pursuant to: to (i) a Public Sale, (ii) the provisions of paragraph 4 5 hereof, (iii) paragraphs 3 or 4 of the Security Holders SecurityHolders Agreement dated April 1, 1998 1998, as amended amended, by and among the parties hereto and other parties, or (iv) upon the death of Executive pursuant to his or her will or the laws of descent and distribution.

Appears in 1 contract

Samples: Executive Stock Agreement (Aircraft Service International Group Inc)

Restrictions on Transfer of Executive Stock. Executive shall not sell, -- --------------------------------------------- pledge or otherwise transfer any interest in any Executive Stock except pursuant to: (i) a Public Sale, (ii) the provisions of paragraph 4 hereof, (iii) paragraphs 3 or 4 of the Security Holders Agreement dated April 1, 1998 as amended by and among the parties hereto and other parties, or (iv) upon the death of Executive pursuant to his or her will or the laws of descent and distribution.

Appears in 1 contract

Samples: Executive Stock Agreement (Aircraft Service International Group Inc)

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Restrictions on Transfer of Executive Stock. Executive shall not sell, -- --------------------------------------------- pledge or otherwise transfer any interest in any Executive Stock except pursuant to: to (i) a Public Sale, (ii) the provisions of paragraph 4 5 hereof, (iii) paragraphs 3 or 4 of the Security Holders SecurityHolders Agreement dated April 1, 1998 1998, as amended amended, by and among the parties hereto and other parties, or (iv) upon the death of Executive pursuant to his or her will or the laws of descent and distribution.

Appears in 1 contract

Samples: Executive Stock Agreement (Aircraft Service International Group Inc)

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