Transferability of Plan Shares and Options. The Participant shall not be permitted to sell, assign, transfer, pledge or otherwise encumber any Options, except as hereinafter provided in Section 6.1 and in accordance with the Articles of Association of the Company.
Appears in 4 contracts
Samples: Time Vesting Share Option Agreement (United America Indemnity, LTD), Time Vesting Share Option Agreement (United America Indemnity, LTD), Executive Employment Agreement (United America Indemnity, LTD)