Example ContractsClausesaward restrictionsIdentical
Award Restrictions
Award Restrictions contract clause examples

Restrictions. Subject to any exceptions set forth in this Award or the Plan, during the Restricted Period, the Restricted Stock or the rights relating thereto may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Grantee. Any attempt to assign, alienate, pledge, attach, sell or otherwise transfer or encumber the Restricted Stock or the rights relating thereto during the Restricted Period shall be wholly ineffective and, if any such attempt is made, the Restricted Stock will be forfeited by the Grantee and all of the Grantee’s rights to such shares shall immediately terminate without any payment or consideration by the Company.

TCF FINANCIAL CORP (CIK 0000814184)
Source: SEC EDGAR database • Date: May 3, 2019 • SIC: 6021 • CIK: 6021

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