Limited Transferability of Awards Clause Example from Business Contracts

This example Limited Transferability of Awards clause appears in 3 contracts from 2 companies

Limited Transferability of Awards. Unless determined otherwise by the Administrator, Awards may not be sold, pledged, assigned, hypothecated, or otherwise transferred in any manner other than by will or by the laws of descent and distribution, and may be exercised, during the lifetime of the Participant, only by the Participant. If the Administrator makes an Award transferable, such Award will contain such additional terms and conditions as the Administrator deems appropriate.
Found in Loop Industries, Inc. contract
Pulse Evolution Group, Inc. Contracts

FaceBank Group, Inc. 2020 Equity Incentive Plan (Filed With SEC on July 6, 2020)

fuboTV Inc. 2020 Equity Incentive Plan, as amended (Filed With SEC on December 18, 2020)

Loop Industries, Inc. Contracts

2017 Equity Incentive Plan (Filed With SEC on October 11, 2017)