Vesting of the Awarded Shares; Possible Forfeiture of the Awarded Shares. (a) As of the date of this Agreement, all of the Awarded Shares are unvested and are not transferable by the Director. Prior to the date that the Awarded Shares vest as described below, the Director is not entitled to sell, pledge, or otherwise transfer any of the Awarded Shares.
Appears in 4 contracts
Samples: Restricted Stock Award Agreement (Calavo Growers Inc), Restricted Stock Award Agreement (Calavo Growers Inc), Restricted Stock Award Agreement (Calavo Growers Inc)
Vesting of the Awarded Shares; Possible Forfeiture of the Awarded Shares. (a) As of the date of this Agreement, all of the Awarded Shares are unvested and are not transferable by the DirectorOfficer. Prior to the date that the Awarded Shares vest as described below, the Director Officer is not entitled to sell, pledge, or otherwise transfer any of the Awarded Shares.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Calavo Growers Inc), Restricted Stock Award Agreement (Calavo Growers Inc)