Common use of Transfer Restrictions for 25% of Vested RSUs Clause in Contracts

Transfer Restrictions for 25% of Vested RSUs. Following any delivery of Shares in respect of Vested RSUs in accordance with this Section 4, 25% of such Shares (calculated on a pre-tax basis, determined without regard to any withholding or sale of Shares to cover taxes thereon) must be retained by the Participant and shall not be transferable until the earliest to occur of (i) the first anniversary of the date of the Participant’s termination of Services, (ii) the fifth anniversary of the Vesting Date under this Award Agreement, (iii) a Change in Control or (iv) a Qualifying Event.

Transfer Restrictions for 25% of Vested RSUs. Following any delivery of Shares in respect of Vested RSUs in accordance with this Section 4, 25% of such Shares (calculated on a pre-tax basis, determined without regard to any withholding or sale of Shares to cover taxes thereon) must be retained by the Participant and shall not be transferable until the earliest to occur of (i) the first anniversary of the date of the Participant’s termination of Services, (ii) the fifth first anniversary of the final Vesting Date under this Award Agreement, (iii) a Change in Control or (iv) a Qualifying Event.

Transfer Restrictions for 25% of Vested RSUs. Following any delivery of Shares in respect of Vested RSUs in accordance with this Section 4, twenty-five percent (25% %) of such Shares (calculated on a prean after-tax basis, determined without regard to after any withholding or sale of Shares to cover taxes thereon) must be retained by the Participant and shall not be transferable until the earliest to occur of (i) the first anniversary of the date of the Participant’s termination of Services, (ii) the fifth anniversary date of the Vesting Date under this Award Agreementa Change in Control, or (iii) a Change in Control or (iv) the date of a Qualifying Event.