Grant is Not Transferable Clause Example with 35 Variations from Business Contracts

This page contains Grant is Not Transferable 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.
Grant is Not Transferable. Except to the limited extent provided in Section 6, this grant and the rights and privileges conferred hereby will not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and will not be subject to sale under execution, attachment or similar process. Upon any attempt to transfer, assign, pledge, hypothecate or otherwise dispose of this grant, or any right or privilege conferred hereby, or upon any attempted sale under any execution, attachment ...or similar process, this grant and the rights and privileges conferred hereby immediately will become null and void. View More Arrow
Found in INTEVAC INC contract

Variations of a "Grant is Not Transferable" Clause from Business Contracts

Grant is Not Transferable. Except for the escrow described in Section 13 or transfer of the Shares to the Company or its assignees contemplated by this Award Agreement, and except to the limited extent provided in Section 6, 5, the unvested Shares subject to this grant Award Agreement and the rights and privileges conferred hereby will not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and will not be subject to sale under execution, attachment or similar process. p...rocess until such Shares shall have vested in accordance with the provisions of this Award Agreement. Upon any attempt to transfer, assign, pledge, hypothecate or otherwise dispose of the unvested Shares subject to this grant, Award Agreement, or any right or privilege conferred hereby, or upon any attempted sale under any execution, attachment or similar process, this grant the then-unvested Shares of Restricted Stock will thereupon be forfeited at no cost to the Company and the Participant will have no further rights and privileges conferred hereby immediately will become null and void. thereunder. View More Arrow
Found in Thorne Healthtech, Inc. contract
Grant is Not Transferable. Except for the escrow described in Section 2 or transfer of the Shares to the Company or its assignees contemplated by this Award Agreement, and except to the limited extent provided in Section 6, the unvested Shares subject to this grant and the rights and privileges conferred hereby will not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and will not be subject to sale under execution, attachment or similar process. process until such Sh...ares shall have vested in accordance with the provisions of this Award Agreement. Upon any attempt to transfer, assign, pledge, hypothecate or otherwise dispose of any unvested Shares of Restricted Stock subject to this grant, or any right or privilege conferred hereby, or upon any attempted sale under any execution, attachment or similar process, this grant the then-unvested Shares of Restricted Stock will thereupon be forfeited at no cost to the Company and the Participant will have no further rights and privileges conferred hereby immediately will become null and void. thereunder. View More Arrow
Found in 2 Contracts from NLIGHT, INC.
Grant is Not Transferable. Except to the limited extent provided in Section 6, the unvested Restricted Stock Units subject to this grant and the rights and privileges conferred hereby will not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and will not be subject to sale under execution, attachment or similar process. Upon any attempt to transfer, assign, pledge, hypothecate or otherwise dispose of any unvested Restricted Stock Units subject to this grant, or any ri...ght or privilege conferred hereby, or upon any attempted sale under any execution, attachment or similar process, this grant and the rights and privileges conferred hereby immediately will become null and void. 4 15. Binding Agreement. Subject to the limitation on the transferability of this grant contained herein, this Award Agreement will be binding upon and inure to the benefit of the heirs, legatees, legal representatives, successors and assigns of the parties hereto (provided that neither the Restricted Stock Units nor this Award Agreement may be assigned by Participant). View More Arrow
Found in AMKOR TECHNOLOGY, INC. contract
Grant is Not Transferable. Except for the escrow described in Section 2 or transfer of the Shares to the Company or its assignees contemplated by this Award Agreement, and except to the limited extent provided in Section 6, the unvested Shares subject to this grant Award Agreement and the rights and privileges conferred hereby will not be transferred, assigned, pledged or otherwise alienated or hypothecated in any way (whether by operation of law or otherwise) and will not be subject to sale under execution, attachment or... similar process. Upon any attempt to transfer, assign, pledge, alienate, hypothecate or otherwise dispose of any unvested Shares of Restricted Stock subject to this grant, or any right or privilege conferred hereby, or upon any attempted sale under any execution, attachment or similar process, this grant and the rights and privileges conferred hereby immediately will become null and void. View More Arrow
Found in SVMK Inc. contract
Grant is Not Transferable. Except to the limited extent provided in Section 6, this grant and the rights and privileges conferred hereby will not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and will not be subject to sale under execution, attachment or similar process. Upon any attempt to transfer, assign, pledge, hypothecate or otherwise dispose of any unvested Shares of Restricted Stock subject to this grant, or any right or privilege conferred hereby, or upon ...any attempted sale under any execution, attachment or similar process, this grant and the rights and privileges conferred hereby immediately will become null and void. View More Arrow
Found in 4 Contracts from 3 Companies
Grant is Not Transferable. Except to the limited extent provided in Section 6, this This grant of Performance Shares and the rights and privileges conferred hereby will may not be transferred, sold, pledged, assigned, pledged hypothecated, transferred or hypothecated disposed of in any way (whether by operation of law or otherwise) and will not be subject to sale under execution, attachment or similar process. process, until the Employee has been issued Shares in payment of the Performance Shares. Upon any attempt to tran...sfer, sell, pledge, assign, pledge, hypothecate hypothecate, transfer or otherwise dispose of this grant, or any right or privilege conferred hereby, or upon any attempted sale under any execution, attachment or similar process, this grant and the rights and privileges conferred hereby immediately will become null and void. View More Arrow
Found in NORTHWEST PIPE CO contract
Grant is Not Transferable. Except to the limited extent provided in Section 6, 5, the unvested Shares of Restricted Stock subject to this grant and the rights and privileges conferred hereby will not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and will not be subject to sale under execution, attachment or similar process. Upon any attempt to transfer, assign, pledge, hypothecate or otherwise dispose of any unvested Shares of Restricted Stock subject to this grant..., or any right or privilege conferred hereby, or upon any attempted sale under any execution, attachment or similar process, this grant and the rights and privileges conferred hereby immediately will become null and void. View More Arrow
Found in 2 Contracts from AMKOR TECHNOLOGY, INC.
Grant is Not Transferable. Except to the limited extent provided in Section 6, this This grant of Restricted Stock Units and the rights and privileges conferred hereby will may not be transferred, sold, pledged, assigned, pledged hypothecated, transferred or hypothecated disposed of in any way (whether by operation of law or otherwise) and will not be subject to sale under execution, attachment or similar process. process, until the Employee has been issued Shares in payment of the Restricted Stock Units. Upon any attempt... to transfer, sell, pledge, assign, pledge, hypothecate hypothecate, transfer or otherwise dispose of this grant, or any right or privilege conferred hereby, or upon any attempted sale under any execution, attachment or similar process, this grant and the rights and privileges conferred hereby immediately will become null and void. View More Arrow
Found in NORTHWEST PIPE CO contract
Grant is Not Transferable. Except to the limited extent provided in Section 6, this Agreement, this grant of Restricted Stock Units and the rights and privileges conferred hereby will shall not be transferred, sold, pledged, assigned, pledged hypothecated, transferred or hypothecated in disposed of any way (whether by operation of law or otherwise) and will shall not be subject to sale under execution, attachment or similar process. process, until the Employee has been issued Shares in payment of the Restricted Stock Unit...s. Upon any attempt to transfer, sell, pledge, assign, pledge, hypothecate hypothecate, transfer or otherwise dispose of this grant, or any right or privilege conferred hereby, or upon any attempted sale under any execution, attachment or similar process, this grant and the rights and privileges conferred hereby immediately will become null and void. View More Arrow
Found in Applied Materials Inc. contract
Grant is Not Transferable. Except to the limited extent provided in Section 6, 7, this grant Award and the rights and privileges conferred hereby will shall not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and will shall not be subject to sale under execution, attachment or similar process. Upon any attempt to transfer, assign, pledge, hypothecate or otherwise dispose of this grant, Award, or any right or privilege conferred hereby, or upon any attempted sale unde...r any execution, attachment or similar process, this grant Award and the rights and privileges conferred hereby immediately will shall become null and void. View More Arrow
Found in Autodesk Inc. contract