Common use of Limitation on Disposition and Other Restrictions Clause in Contracts

Limitation on Disposition and Other Restrictions. The Shares and any Restricted Property in respect of the Shares may not be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily, other than to the Corporation, until the time that the Shares (and related Restricted Property) become vested in accordance with Section 2.

Appears in 5 contracts

Sources: Option Exercise Agreement (Red Robin Gourmet Burgers Inc), Option Exercise Agreement (Red Robin Gourmet Burgers Inc), Option Exercise Agreement (Red Robin Gourmet Burgers Inc)