RETENTION OF RESTRICTED SHARES. You cannot sell, transfer, assign, pledge, hypothecate, or otherwise dispose of (whether with or without consideration and whether voluntarily or involuntarily or by operation of law) any interest in any Restricted Shares (a "TRANSFER" of Restricted Shares), except (i) to your "family members" as defined in and in accordance with the General Instructions to Form S-8 (in which case the restrictions set forth in the Plan and in this Agreement will continue to apply to such Restricted Shares after such Transfer and such permitted transferees of such Restricted Shares will have agreed in writing to be bound by the provisions of this Agreement with respect to such Restricted Shares) or (ii) in exchange for other Restricted Shares as described below in Paragraph 4 (each such transfer a "PERMITTED TRANSFER").
Appears in 3 contracts
Samples: Restricted Stock Agreement (Allegiance Telecom Inc), Restricted Stock Agreement (Allegiance Telecom Inc), Restricted Stock Agreement (Allegiance Telecom Inc)
RETENTION OF RESTRICTED SHARES. You cannot sell, transfer, assign, pledge, hypothecate, or otherwise dispose of (whether with or without consideration and whether voluntarily or involuntarily or by operation of law) any interest in any Restricted Shares (a "TRANSFERTransfer" of Restricted Shares), except (i) to your "family members" as defined in and in accordance with the General Instructions to Form S-8 (in which case the restrictions set forth in the Plan and in this Agreement will continue to apply to such Restricted Shares after such Transfer and such permitted transferees of such Restricted Shares will have agreed in writing to be bound by the provisions of this Agreement with respect to such Restricted Shares) or (ii) in exchange for other Restricted Shares as described below in Paragraph 4 (each such transfer a "PERMITTED TRANSFERPermitted Transfer").
Appears in 1 contract
Samples: Restricted Stock Agreement (Allegiance Telecom Inc)
RETENTION OF RESTRICTED SHARES. You cannot sell, transfer, assign, pledge, hypothecate, or otherwise dispose of (whether with or without consideration and whether voluntarily or involuntarily or by operation of law) any interest in any Restricted Shares (a "TRANSFERTransfer" of Restricted Shares), except (i) to your "family members" as defined in and in accordance with the General Instructions to Form S-8 (in which case the restrictions set forth in the Plan and in this Agreement will continue to apply to such Restricted Shares after such Transfer and such permitted transferees of such Restricted Shares will have agreed in writing to be bound by the provisions of this Agreement with respect to such Restricted Shares) or (ii) in exchange for other Restricted Shares as described below in Paragraph 4 (each such transfer a "PERMITTED TRANSFERPermitted Transfer").
Appears in 1 contract
Samples: Restricted Stock Agreement (Allegiance Telecom Inc)
RETENTION OF RESTRICTED SHARES. You cannot sell, transfer, assign, pledge, hypothecate, or otherwise dispose of (whether with or without consideration and whether voluntarily or involuntarily or by operation of law) any interest in any Restricted Shares (a "TRANSFER" of Restricted Shares), except (i) to your "family members" as defined in and in accordance with the General Instructions to Form S-8 (in which case the restrictions set forth in the Plan and in this Agreement will continue to apply to such Restricted Shares after such Transfer and such permitted transferees of such Restricted Shares will have agreed in writing to be bound by the provisions of this Agreement with respect to such Restricted Shares) or (ii) in exchange for other Restricted Shares as described in Section 4 below in Paragraph 4 (each such transfer a "PERMITTED TRANSFER").
Appears in 1 contract
Samples: Restricted Stock Agreement (Focal Communications Corp)