Assignment and Transfer Clause Example with 7 Variations from Business Contracts

This page contains Assignment and Transfer clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Assignment and Transfer. Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Grantee under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Grantee, by will or by the laws of descent and distribution. In the event of any attempt by the Grantee to alienate, assign, pledge, hypothecate, or otherwise dispose of the Option or any right hereunder, except as provided for in this Agreement, or in the event of th...e levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Option by notice to the Grantee, and the Option and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company's parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the Grantee's consent. View More

Variations of a "Assignment and Transfer" Clause from Business Contracts

Assignment and Transfer. Except as the Committee may otherwise permit pursuant to the Plan, the The rights and interests of the Grantee under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Grantee, by will or by the laws of descent and distribution. In the event of any attempt by the Grantee to alienate, assign, pledge, hypothecate, or otherwise dispose of the Option Restricted Stock Units or any right hereunder, except as provided for in this Agree...ment, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Option Restricted Stock Units by notice to the Grantee, and the Option Restricted Stock Units and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company's parents, subsidiaries, Subsidiaries, and affiliates. This Agreement may be assigned by the Company without the Grantee's consent. View More
Assignment and Transfer. Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Grantee Participant under this Agreement Grant may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Grantee, Participant, by will or by the laws of descent and distribution. In the event of any attempt by the Grantee Participant to alienate, assign, pledge, hypothecate, or otherwise dispose of the Option or any right hereunder, except as provided f...or in this Agreement, Grant, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Option by notice to the Grantee, Participant, and the Option and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company's parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the Grantee's Participant's consent. View More
Assignment and Transfer. Except as the Committee may otherwise permit pursuant to the Plan, permit, the rights and interests of the Grantee Participant under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Grantee, Participant, by will or by the laws of descent and distribution. In the event of any attempt by the Grantee Participant to alienate, assign, pledge, hypothecate, or otherwise dispose of the Option or any right hereunder, except as provided... for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Option by notice to the Grantee, Participant, and the Option and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company's parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the Grantee's Participant's consent. View More
Assignment and Transfer. Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Grantee Participant under this Agreement may not be sold, assigned, encumbered or otherwise transferred transferred, except, in the event of the death of the Grantee, Participant, by will or by the laws of descent and distribution. In the event of any attempt by the Grantee Participant to alienate, assign, pledge, hypothecate, hypothecate or otherwise dispose of the Option or any right hereunder, e...xcept as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Option by notice to the Grantee, Participant, and the Option and all rights hereunder shall will thereupon become null and void. The rights and protections of the Company hereunder shall will extend to any successors or assigns of the Company and to the Company's parents, subsidiaries, subsidiaries and affiliates. This Agreement may be assigned by the Company without the Grantee's Participant's consent. View More
Assignment and Transfer. Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Grantee Participant under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Grantee, Participant, by will shall or by the laws of descent and distribution. In the event of any attempt by the Grantee Participant to alienate, assign, pledge, hypothecate, or otherwise dispose of the Option or any right hereunder, except as provided f...or in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Option by notice to the Grantee, Participant, and the Option and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company's parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the Grantee's Participant's consent. View More
Assignment and Transfer. Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Grantee Participant under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Grantee, Participant, by will or by the laws of descent and distribution. In the event of any attempt by the Grantee Participant to alienate, assign, pledge, hypothecate, or otherwise dispose of the Option or any right hereunder, except as provided for in ...this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Option by notice to the Grantee, Participant, and the Option and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company's parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the Grantee's Participant's consent. View More
Assignment and Transfer. Except as the Committee may otherwise permit pursuant to the Plan, the The rights and interests of the Grantee under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Grantee, by will or by the laws of descent and distribution. In the event of any attempt by the Grantee to alienate, assign, pledge, hypothecate, or otherwise dispose of the Option Performance Shares or any right hereunder, except as provided for in this Agreement..., or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Option Performance Shares by notice to the Grantee, and the Option Performance Shares and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company's parents, subsidiaries, Subsidiaries, and affiliates. This Agreement may be assigned by the Company without the Grantee's consent. View More