Limited Transferability of Awards Clause Example with 13 Variations from Business Contracts

This page contains Limited Transferability of Awards 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.
Limited Transferability of Awards. Unless determined otherwise by the Administrator, Awards may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or the laws of descent and distribution, and may be exercised during the lifetime of the Participant, only by the Participant. If the Administrator in its sole discretion makes an Award transferable, such Award may only be transferred (i) by will, (ii) by the laws of descent and distribution, or (iii) as permitted by Rule 701 of t...he Securities Act. View More Arrow

Variations of a "Limited Transferability of Awards" Clause from Business Contracts

Limited Transferability of Awards. Unless determined otherwise by the Administrator, Awards may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent and distribution, distribution (which, for purposes of -15- clarification, shall be deemed to include through a beneficiary designation if available in accordance with Section 6.6), and may be exercised exercised, during the lifetime of the Participant, only by the Participant. If the Administrator in its... sole discretion makes an Award transferable, such Award may only be transferred (i) by will, (ii) by will contain such additional terms and conditions as the laws of descent and distribution, or (iii) as permitted by Rule 701 of the Securities Act. Administrator deems appropriate. View More Arrow
Limited Transferability of Awards. Unless determined otherwise by the Administrator, Awards may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent and distribution, distribution (which, for purposes of clarification, shall be deemed to include through a beneficiary designation if available in accordance with Section 6.6.4 of the Plan), and may be exercised exercised, during the lifetime of the Participant, only by the Participant. If the Administrat...or in its sole discretion makes an Award transferable, such Award may only be transferred (i) by will, (ii) by will contain such additional terms and conditions as the laws of descent and distribution, or (iii) as permitted by Rule 701 of the Securities Act. Administrator deems appropriate. View More Arrow
Limited Transferability of Awards. Unless determined otherwise by the Administrator, Awards may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent and distribution, distribution (which, for purposes of clarification, shall be deemed to include through a beneficiary designation if available in accordance with Section 6.6.4), and may be exercised exercised, during the lifetime of the Participant, only by the Participant. If the Administrator in its so...le discretion makes an Award transferable, such Award may only be transferred (i) by will, (ii) by will contain such additional terms and conditions as the laws of descent and distribution, or (iii) as permitted by Rule 701 of the Securities Act. Administrator deems appropriate. View More Arrow
Limited Transferability of Awards. Unless determined otherwise by the Administrator, Awards may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent and distribution, distribution (which, for purposes of clarification, shall be deemed to include through a beneficiary designation if available in accordance with Section 6.6), and may be exercised exercised, during the lifetime of the Participant, only by the Participant. If the Administrator in its sole... discretion makes an Award transferable, such Award may only be transferred (i) by will, (ii) by will contain such additional terms and conditions as the laws of descent and distribution, or (iii) as permitted by Rule 701 of the Securities Act. Administrator deems appropriate. View More Arrow
Limited Transferability of Awards. Unless determined otherwise by the Administrator, Awards may not be sold, pledged, assigned, hypothecated, transferred, or disposed of otherwise transferred in any manner other than by will or by the laws of descent and distribution, and may be exercised exercised, during the lifetime of the Participant, only by the Participant. If the Administrator in its sole discretion makes an Award transferable, such Award may only be transferred (i) by will, (ii) by will contain such additional terms and c...onditions as the laws of descent and distribution, or (iii) as permitted by Rule 701 of the Securities Act. Administrator deems appropriate. View More Arrow
Limited Transferability of Awards. Unless determined otherwise by the Administrator, Awards an Award may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent and distribution, or distribution and may be exercised exercised, during the lifetime of the Participant, only by the Participant. If the Administrator in its sole discretion makes an Award transferable, such Award may only be transferred (i) by will, (ii) by will contain such additional terms an...d conditions as the laws of descent and distribution, or (iii) as permitted by Rule 701 of the Securities Act. Administrator deems appropriate. View More Arrow
Limited Transferability of Awards. Unless determined otherwise by the Administrator, Administrator and set forth in an Award Agreement, Awards may not be sold, pledged, assigned, hypothecated, transferred, or disposed of otherwise transferred in any manner other than by will or by the laws of descent and distribution, and may be exercised exercised, during the lifetime of the Participant, only by the Participant. If the Administrator in its sole discretion makes an Award transferable, such Award may only be transferred (i) by wil...l, (ii) by the laws of descent and distribution, or (iii) as permitted by Rule 701 of the Securities Act. View More Arrow
Limited Transferability of Awards. Unless determined otherwise by the Administrator, Awards may not be sold, pledged, assigned, hypothecated, transferred, or disposed of otherwise transferred in any manner other than by will or by the laws of descent and distribution, and may be exercised exercised, during the lifetime of the Participant, only by the Participant. If the Administrator in its sole discretion makes an Award transferable, such Award may only be transferred (i) by will, (ii) by the laws of descent and distribution, or... (iii) as permitted by Rule 701 of the Securities Act. View More Arrow
Limited Transferability of Awards. Unless determined otherwise by the Administrator, Awards may not be sold, pledged, assigned, hypothecated, transferred, or disposed of otherwise transferred in any manner other than by will or by the laws of descent and distribution, and may be exercised exercised, during the lifetime of the Participant, only by the Participant. If the Administrator in its sole discretion makes an Award transferable, such Award may only be transferred (i) by will, (ii) by the laws of descent and distribution, or... and (iii) as permitted by Rule 701 of all Applicable Laws, to the Securities Act. extent applicable. View More Arrow
Limited Transferability of Awards. Unless determined otherwise by the Administrator, Awards may not be sold, pledged, assigned, hypothecated, transferred, transferred or disposed of in any manner other than by will or the laws of descent and distribution, and may be exercised during the lifetime of the Participant, only by the Participant. If the Administrator in its sole discretion makes an Award transferable, such Award may only be transferred (i) by will, (ii) by the laws of descent and distribution, or (iii) as permitted by R...ule 701 of the Securities Act. View More Arrow