No Assignment or Transfer. The Executive shall not sell, pledge, transfer, subject to lien, assign, encumber or otherwise hypothecate the RSUs or any underlying shares unless and until the RSUs have vested, and shares have been issued, recorded and delivered and all other terms and conditions set forth in this Agreement and the Plan have been satisfied. Any attempt to do so contrary to the provisions of this Agreement shall be null and void.
Appears in 8 contracts
Sources: Restricted Stock Unit Agreement (Host Hotels & Resorts L.P.), Restricted Stock Unit Agreement (Host Hotels & Resorts L.P.), Restricted Stock Unit Agreement (Host Hotels & Resorts L.P.)
No Assignment or Transfer. The Executive shall not sell, pledge, transfer, subject to lien, assign, encumber or otherwise hypothecate the RSUs or any underlying shares unless and until the RSUs have vested, and shares have been issued, recorded and delivered and all other terms and conditions set forth in this Agreement and the Plan have been satisfied. Any attempt to do so contrary to the provisions of this Agreement shall be null and void.
Appears in 2 contracts
Sources: Restricted Stock Unit Agreement (Host Hotels & Resorts L.P.), Restricted Stock Unit Agreement (Host Hotels & Resorts L.P.)
No Assignment or Transfer. The Executive shall not sell, pledge, transfer, subject to lien, assign, encumber assign or otherwise hypothecate the RSUs or any underlying shares unless and until the RSUs have vested, and shares have been issued, recorded and delivered and all other terms and conditions set forth in this Agreement and the Plan have been satisfied. Any attempt to do so contrary to the provisions of this Agreement shall be null and void.
Appears in 2 contracts
Sources: Restricted Stock Unit Agreement (Host Hotels & Resorts L.P.), Restricted Stock Unit Agreement (Host Hotels & Resorts L.P.)