Sale or Transfer Restrictions. Except as provided in Paragraph 6 below, all Restricted Shares shall be held by the Grantee without the rights of sale or transfer, and subject to forfeiture as provided in Paragraph 3 below; provided, however, that such restrictions shall lapse as of [vesting date(s)].
Sale or Transfer Restrictions. The Restricted Shares shall be owned by the Grantee without the rights of sale or transfer and subject to forfeiture as provided in Paragraph 3 until the date shown above when such restrictions shall lapse.
Sale or Transfer Restrictions. Except as set forth in Paragraph 6 below, Grantee shall have no right to sell or transfer the Restricted Shares until the restrictions on sale or transfer lapse. The restrictions on sale or transfer on all shares shall lapse on the third anniversary of the date of this award. However, should the Company adopt a future stock option plan, after stockholder approval, providing for Restricted Stock Units, Grantee may convert one Restricted Share awarded under this Agreement for one Restricted Stock Unit, pursuant to such rules as the future plan and the Committee may prescribe, and so long as Grantee chooses to convert to Restricted Stock Units prior to the date the restrictions lapse on the Restricted Shares. The Committee may provide that a Grantee, after attaining age 60, shall have the option to have the value of the Restricted Stock Units transferred to a diversified investment such as a mutual fund.
Sale or Transfer Restrictions. All Restricted Shares shall be held by the Grantee without the rights of sale or transfer, and are subject to forfeiture as provided in paragraph 3, below, until the dates shown on the schedule below, when such restrictions shall lapse. The award shall become fully vested and all restrictions shall lapse according to the schedule shown below: Number of Shares Vesting Date ____ ________ ___, 20__ ____ ________ ___, 20__ ____ ________ ___, 20__ _____ ________ ___, 20__
Sale or Transfer Restrictions. All Restricted Shares shall be held by the Grantee without the rights of sale or transfer, and are subject to forfeiture as provided in paragraph 3, below, until the dates shown on the schedule below, when such restrictions shall lapse. The award shall become fully vested and all restrictions shall lapse according to the schedule shown below: Number of Shares Vesting Date 6,250 November 1, 2008 6,250 November 1, 2009 6,250 November 1, 2010 6,250 November 1, 2011
Sale or Transfer Restrictions. The HSA is exclusively for the benefit of the account owner. The account owner cannot sell or assign any interest in the HSA, except to the account owner’s spouse or former spouse under the terms of a divorce or separation agreement.
Sale or Transfer Restrictions. The Restricted Units shall be owned by the Grantee without the rights of sale, transfer, assignment, pledge, attachment or other encumbrance or disposition and subject to forfeiture as provided in Paragraph 3 until the date shown above when such restrictions shall lapse.
Sale or Transfer Restrictions. Except as set forth in paragraph 6 below, all Restricted Shares shall be held by the Grantee without the rights of sale or transfer, and subject to forfeiture as provided in paragraph 3 below, until such restrictions shall lapse in accordance with the following schedule: Number of Shares Restrictions Lapse ___________ _____ Anniversary of this Agreement ___________ _____ Anniversary of this Agreement ___________ _____ Anniversary of this Agreement
