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

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

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 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 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
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. View More Arrow
Grant is Not Transferable. Except to the limited extent provided in Section 6, this grant and the rights and privileges conferred hereby will may not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law Applicable Laws or otherwise) and will may 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 an...y execution, attachment or similar process, this grant and the rights and privileges conferred hereby immediately will become null and void. -6- 12. 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. View More Arrow
Grant is Not Transferable. Except to the limited extent provided in Section 6, paragraph 7 above, this grant of Restricted Stock Units and the rights and privileges conferred hereby will not be transferred, 9 sold, pledged, assigned, pledged hypothecated, transferred or hypothecated in disposed of any way (whether by operation of law or otherwise) and will not be subject to sale under execution, attachment or similar process. process, until you have been issued the Shares. Upon any attempt to transfer, sell, pledge, assig...n, 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
Grant is Not Transferable. Except to the limited extent provided in Section 6, this grant and the rights and privileges conferred hereby will may not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and will may 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, att...achment or similar process, this grant and the rights and privileges conferred hereby immediately will become null and void. -8- 14. 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. View More Arrow
Grant is Not Transferable. Except to the limited extent provided in Section 6, 5, 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 may 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 o...r 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
Grant is Not Transferable. Except to the limited extent provided in Section 6, paragraph 7 above, this grant of Restricted Stock Units and the rights and privileges conferred hereby will 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 not be subject to sale under execution, attachment or similar process. process, until you have been issued the Shares. 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
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 hypothecated, in each case by Participant or the transferee pursuant to Section 6, 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 by Participant or transferee pursuant to Section 6 to transfer, assign, pledge, hypothecate or ot...herwise 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
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. -11- 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. View More Arrow
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. -10- 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. View More Arrow