Limited Transferability of Awards Clause Example from Business Contracts

This example Limited Transferability of Awards clause appears in 6 contracts from 3 companies

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.
Finwise Bancorp Contracts

FinWise Bancorp 2019 Stock Option Plan (Filed With SEC on July 15, 2021)

FinWise Bancorp 2016 Stock Option Plan (Filed With SEC on July 15, 2021)

FinWise Bancorp 2019 Stock Option Plan (Filed With SEC on July 30, 2021)

FinWise Bancorp 2019 Stock Option Plan (Filed With SEC on June 14, 2022)