Common use of Restrictions on Transfer of the Shares Clause in Contracts

Restrictions on Transfer of the Shares. The Shares subject to this agreement may not be transferred, sold, pledged, exchanged, assigned or otherwise encumbered or disposed of, except to the Company, and shall remain the sole property of and subject to the Trust until they have become nonforfeitable in accordance with Section 3 hereof and for so long thereafter as may be required under the terms of the Deferred Compensation Plan and the Trust. Any purported transfer, encumbrance or other disposition of the Shares covered by this agreement that is in violation of this Section 2 shall be null and void, and the other party to any such purported transaction shall not obtain any rights to or interest in the Shares covered by this agreement. The Company may waive the restrictions set forth in this Section 2 (but not in the Deferred Compensation Plan or the Trust) with respect to all or any portion of the Shares covered by this agreement.

Restrictions on Transfer of the Shares. The Shares subject to this agreement may not be transferred, sold, pledged, exchanged, assigned or otherwise encumbered or disposed of, except to the Company, and shall remain the sole property of and subject to the Trust until they have become nonforfeitable in accordance with Section 3 hereof and for so long thereafter as may be required under the terms of the Deferred Compensation Plan and the Trust. Any purported transfer, encumbrance or other disposition of the Shares covered by this agreement that is in violation of this Section 2 shall be null and void, and the other party to any such purported transaction shall not obtain any rights to or interest in the Shares covered by this agreement. The Company may waive the restrictions set forth in this Section 2 (but not in the Deferred Compensation Plan or the Trust) with respect to all or any portion of the Shares covered by this agreement.227

Restrictions on Transfer of the Shares. The Shares subject to this agreement may not be transferred, sold, pledged, exchanged, assigned or otherwise encumbered or disposed of, except to the Company, and shall remain the sole property of and subject to the Trust until they have become nonforfeitable in accordance with Section 3 hereof and for so long thereafter as may be required under the terms of the Deferred Compensation Plan and the Trust. Any purported transfer, encumbrance or other disposition of the Shares covered by this agreement that is in violation of this Section 2 shall be null and void, and the other party to any such purported transaction shall not obtain any rights to or interest in the Shares covered by this agreement. The 222 Company may waive the restrictions set forth in this Section 2 (but not in the Deferred Compensation Plan or the Trust) with respect to all or any portion of the Shares covered by this agreement.

Restrictions on Transfer of the Shares. The Shares subject to this agreement may not be transferred, sold, pledged, exchanged, assigned or otherwise encumbered or disposed ofof by Grantee, except to the Company, and shall remain the sole property of and subject to the Trust until they have become nonforfeitable in accordance with Section 3 hereof and for so long thereafter as hereof; provided, however, that Grantee's interest in the Shares covered by this agreement may be required under transferred at any time by will or the terms laws of the Deferred Compensation Plan descent and the Trustdistribution. Any purported transfer, encumbrance or other disposition of the Shares covered by this agreement that is in violation of this Section 2 shall be null and void, and the other party to any such purported transaction shall not obtain any rights to or interest in the Shares covered by this agreement. The When and as permitted by the Plan, the Company may waive the restrictions set forth in this Section 2 (but not in the Deferred Compensation Plan or the Trust) with respect to all or any portion of the Shares covered by this agreement.. 197

Restrictions on Transfer of the Shares. The Shares subject to this agreement may not be transferred, sold, pledged, exchanged, assigned or otherwise encumbered or disposed ofof by Grantee, except to the Company, and shall remain the sole property of and subject to the Trust until they have become nonforfeitable in accordance with Section 3 hereof and for so long thereafter as hereof; provided, however, that Grantee's interest in the Shares covered by this agreement may be required under transferred at any time by will or the terms laws of the Deferred Compensation Plan descent and the Trustdistribution. Any purported transfer, encumbrance or other disposition of the Shares covered by this agreement that is in violation of this Section 2 shall be null and void, and the other party to any such purported transaction shall not obtain any rights to or interest in the Shares covered by this agreement. The When and as permitted by the Plan, the Company may waive the restrictions set forth in this Section 2 (but not in the Deferred Compensation Plan or the Trust) with respect to all or any portion of the Shares covered by this agreement.