Non-Assignability Contract Clauses (1,337)
Grouped Into 16 Collections of Similar Clauses From Business Contracts
This page contains Non-Assignability clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Non-Assignability. The Option shall not be transferable by the Participant otherwise than by will or by the laws of descent and distribution. If this Option is a Non-Qualified Option then it may also be transferred pursuant to a qualified domestic relations order as defined by the Code or Title I of the Employee Retirement Income Security Act or the rules thereunder. Except as provided above in this paragraph, the Option shall be exercisable, during the Participant's lifetime, only by the Participant (or, in the
... event of legal incapacity or incompetency, by the Participant's guardian or representative) and shall not be assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to execution, attachment or similar process. Any attempted transfer, assignment, pledge, hypothecation or other disposition of the Option or of any rights granted hereunder contrary to the provisions of this Section 7, or the levy of any attachment or similar process upon the Option shall be null and void.
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Non-Assignability. The Option shall not be transferable by the Participant otherwise than
(i) by
will or will, (ii) by the laws of descent and
distribution. If this Option is a Non-Qualified Option then it may also be transferred distribution, (iii) pursuant to a qualified domestic relations order as defined by the Code or Title I of the Employee Retirement Income Security Act or the rules
thereunder. thereunder, or (iv) for no consideration to or for the benefit of the Participant's Immediate Family (including,... without limitation, to a trust for the benefit of the Participant's Immediate Family or to a partnership or limited liability company for one or more members of the Participant's Immediate Family), and the transferee shall remain subject to all the terms and conditions applicable to the Option prior to such transfer and each such transferee shall so acknowledge in writing as a condition precedent to the effectiveness of such transfer. The term "Immediate Family" shall mean the Participant's spouse, former spouse, parents, children, stepchildren, adoptive relationships, sisters, brothers, nieces, nephews and grandchildren (and, for this purpose, shall also include the Participant). Except as provided above in this paragraph, the Option shall be exercisable, during the Participant's lifetime, only by the Participant (or, in the event of legal incapacity or incompetency, by the Participant's guardian or representative) and shall not be assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to execution, attachment or similar process. Any attempted transfer, assignment, pledge, hypothecation or other disposition of the Option or of any rights granted hereunder contrary to the provisions of this Section 7, or the levy of any attachment or similar process upon the Option shall be null and void.
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Non-Assignability. The Option shall not be transferable by the
Participant Grantee otherwise than by will or by the laws of descent and
distribution. If this Option is a Non-Qualified Option then it may also be transferred pursuant to a qualified domestic relations order as defined by the Code or Title I of the Employee Retirement Income Security Act or the rules thereunder. Except as provided above in this paragraph, the Option distribution and shall be exercisable, during the
Participant's Grantee's lifetime,
... only by the Participant (or, in the event of legal incapacity or incompetency, by the Participant's guardian or representative) and Grantee. The Option shall not be assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to execution, attachment or similar process. Any attempted transfer, assignment, pledge, hypothecation or other disposition of the Option or of any rights granted hereunder contrary to the provisions of this Section 7, 5, or the levy of any attachment or similar process upon the Option or such right, shall be null and void.
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Non-Assignability. The Option shall not be transferable by the Participant otherwise than by will or by the laws of descent and distribution. If this Option is a Non-Qualified Option then it may also be transferred
(i) pursuant to a qualified domestic relations order as defined by the Code or Title I of the Employee Retirement Income Security Act or the rules
thereunder. thereunder or (ii) for no consideration to or for the benefit of the Participant's Immediate Family (including, without limitation, to a trust... for the benefit of the Participant's Immediate Family or to a partnership or limited liability company for one or more members of the Participant's Immediate Family), and the transferee shall remain subject to all the terms and conditions applicable to the Option prior to such transfer and each such transferee shall so acknowledge in writing as a condition precedent to the effectiveness of such transfer. The term "Immediate Family" shall mean the Participant's spouse, former spouse, parents, children, stepchildren, adoptive relationships, sisters, brothers, nieces, nephews and grandchildren (and, for this purpose, shall also include the Participant.). Except as provided above in this paragraph, the Option shall be exercisable, during the Participant's lifetime, only by the Participant (or, in the event of legal incapacity or incompetency, by the Participant's guardian or representative) and shall not be assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to execution, attachment or similar process. Any attempted transfer, assignment, pledge, hypothecation or other disposition of the Option or of any rights granted hereunder contrary to the provisions of this Section 7, or the levy of any attachment or similar process upon the Option shall be null and void.
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Non-Assignability. The Restricted Share Units and the Common Shares subject to this grant of Restricted Share Units are personal to the Grantee and may not be sold, exchanged, assigned, transferred, pledged, encumbered or otherwise disposed of by the Grantee until they become vested as provided in this Agreement; provided, however, that the Grantee's rights with respect to such Restricted Share Units and Common Shares may be transferred by will or pursuant to the laws of descent and distribution or pursuant to a
... domestic relations order (within the meaning of Rule 16a-12 under the Securities Exchange Act of 1934, as amended). Any purported transfer or encumbrance in violation of the provisions of this Section 10, shall be void, and the other party to any such purported transaction shall not obtain any rights to or interest in such Restricted Share Units or Common Shares.
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Non-Assignability. The
Restricted Share Units Performance Shares and the Common Shares subject to this grant of
Restricted Share Units Performance Shares are personal to the Grantee and may not be sold, exchanged, assigned, transferred, pledged, encumbered or otherwise disposed of by the Grantee until they become
vested earned as provided in this Agreement; provided, however, that the Grantee's rights with respect to such
Restricted Share Units Performance Shares and Common Shares may be transferred by will or
... pursuant to the laws of descent and distribution or pursuant to a domestic relations order (within the meaning Page 4 of Rule 16a-12 under the Securities Exchange Act of 1934, as amended). Any purported transfer or encumbrance in violation of the provisions of this Section 10, shall be void, and the other party to any such purported transaction shall not obtain any rights to or interest in such Restricted Share Units Performance Shares or Common Shares.
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Non-Assignability. Neither this Agreement nor any right or interest hereunder shall be assignable by the EMPLOYEE, his beneficiaries or legal representatives without the COMPANY's prior written consent; provided, however, that nothing in this Section 7 shall preclude the EMPLOYEE from designating a beneficiary to receive any benefits payable hereunder upon his death or the executors, administrators or other legal representatives of the EMPLOYEE or his estate from assigning any rights hereunder to the person or
... persons entitled thereto.
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Non-Assignability.
(a) Neither this Agreement nor any right or interest hereunder shall be assignable by the
EMPLOYEE, his beneficiaries Employee, Employee's beneficiaries, or legal representatives without the
COMPANY's Company's prior written consent; provided, however, that nothing in this Section
7 9(a) shall preclude the
EMPLOYEE Employee from designating a beneficiary to receive any
benefits benefit payable hereunder upon
his Employee's death or
the executors, administrators incapacity. (b) Except as... required by law, no right to receive payments under this Agreement shall be subject to anticipation, commutation, alienation, sale, assignment, encumbrance, charge, pledge, or other legal representatives hypothecation or to exclusion, attachment, levy or similar process or assignment by operation of the EMPLOYEE law, and any attempt, voluntary or his estate from assigning involuntary, to effect any rights hereunder to the person or persons entitled thereto. such action shall be null, void and of no effect.
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Non-Assignability. Neither this Agreement nor any right or interest hereunder shall be assignable by
the EMPLOYEE, Executive, his
beneficiaries beneficiaries, or legal representatives without the
COMPANY's Company's prior written consent; provided, however, that nothing in this
Section 7 subparagraph shall preclude
the EMPLOYEE (i) Executive from designating a beneficiary to receive any
benefits benefit payable hereunder upon his
death death, or
(ii) the executors,
administrators administrators, or other legal
... representatives of the EMPLOYEE Executive or his estate from assigning any rights hereunder to the person or persons entitled thereto. thereunto.
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Non-Assignability. Neither this Agreement nor any right or interest hereunder shall be assignable by
the EMPLOYEE, Executive or his beneficiaries or legal representatives without the
COMPANY's Company's prior written consent; provided, however, that nothing in this Section
7 14 shall preclude
the EMPLOYEE Executive from designating a beneficiary to receive any benefits payable hereunder upon his death or the executors, administrators or
other legal representatives of
the EMPLOYEE Executive or his estate from
... assigning any rights hereunder to the person or persons entitled thereto.
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Non-Assignability. Unless otherwise provided by the Committee in its discretion, PSs may not be sold, assigned, alienated, transferred, pledged, attached or otherwise encumbered except as provided in Section 11 of the Plan. Any purported sale, assignment, alienation, transfer, pledge, attachment or other encumbrance of a PS in violation of the provisions of this Section 8 and Section 11 of the Plan shall be void.
Non-Assignability. Unless otherwise provided by the Committee in its discretion,
PSs RSUs may not be sold, assigned, alienated, transferred, pledged, attached or otherwise encumbered except as provided in Section 11 of the Plan. Any purported sale, assignment, alienation, transfer, pledge, attachment or other encumbrance of a
PS RSU in violation of the provisions of this Section
8 7 and Section 11 of the Plan shall be void.
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Non-Assignability. This Instrument is not assignable or transferable by Employee. No right or interest of Employee under this Instrument or the Plan may be assigned, transferred or alienated, in whole or in part, either directly or by operation of law (except pursuant to a qualified domestic relations order within the meaning of Section 414(p) of the Code or a similar domestic relations order under applicable foreign law, either in such form as is acceptable to the committee), and no such right or interest shall
... be liable for or subject to any debt, obligation or liability of Employee.
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Non-Assignability. This Instrument is not assignable or transferable by Employee. No right or interest of Employee under this Instrument or the Plan may be assigned, transferred or alienated, in whole or in part, either directly or by operation of law (except pursuant to a qualified domestic relations order within
Exhibit 10.2 the meaning of Section 414(p) of the Code or a similar domestic relations order under applicable foreign law, either in such form as is acceptable to the committee), and no such right or
... interest shall be liable for or subject to any debt, obligation or liability of Employee.
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Non-Assignability. This Instrument is not assignable or transferable by
Employee. Director. No right or interest of
Employee Director under this Instrument or the Plan may be assigned, transferred or alienated, in whole or in part, either directly or by operation of law (except
by will or the laws of descent and distribution or pursuant to a qualified domestic relations order within the meaning of Section 414(p) of the Code or a similar domestic relations order under applicable foreign law, either in such form as
... is acceptable to the committee), Board), and no such right or interest shall be liable for or subject to any debt, obligation or liability of Employee. Director.
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Non-Assignability. The Options shall not be assignable or transferable by Employee except by will or by the laws of descent and distribution. During Employee's lifetime, the Options may be exercised only by Employee or, in the event of incompetence, by Employee's legally appointed guardian.
Non-Assignability. The
Options RSUs shall not be assignable or transferable by Employee except by will or by the laws of descent and distribution. During Employee's lifetime, the
Options RSUs may be exercised only by Employee or, in the event of incompetence, by Employee's legally appointed guardian.
Non-Assignability. The
Options SARs shall not be assignable or transferable by Employee except by will or by the laws of descent and distribution. During Employee's lifetime, the
Options SARs may be exercised only by Employee or, in the event of incompetence, by Employee's legally appointed guardian.
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Non-Assignability. The Subject Award is not assignable or transferable by Participant, and, unless and until Units with respect to Restricted Incentive Units are delivered to Participant upon vesting, such Restricted Incentive Units shall not be assigned, alienated, pledged, attached sold or otherwise transferred or encumbered by Participant in any manner.
Non-Assignability.
The Neither the Subject Award
nor the Restricted Incentive Units is
not assignable or transferable by Participant, and,
unless and until Units with respect to Restricted Incentive Units are delivered to Participant upon vesting, such the Restricted Incentive Units shall not be assigned, alienated, pledged,
attached sold attached, sold, or otherwise transferred or encumbered by Participant in any manner.
Non-Assignability.
The Neither the Subject Award
nor the Restricted Incentive Units is
not assignable or transferable by Participant, and,
unless and until Units with respect to Restricted Incentive Units are delivered to Participant upon vesting, such the Restricted Incentive Units shall not be assigned, alienated, pledged,
attached sold attached, sold, or otherwise transferred or encumbered by Participant in any manner.
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Non-Assignability. Neither party shall have the right to assign this Agreement or any rights or obligations hereunder without the consent of the other party.
Non-Assignability. Neither party
to this Agreement shall have the right to assign this Agreement or any rights or obligations
hereunder without the consent of the other party. hereunder.
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Non-Assignability. An Option shall not be assignable or transferable by Employee except by will or by the laws of descent and distribution.
Non-Assignability.
An Option The RSUs shall not be assignable or transferable by Employee except by will or by the laws of descent and distribution.
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Non-Assignability. The Option shall not be transferable by the Optionee and shall be exercisable only by the Optionee, except as the Plan or this Agreement may otherwise provide.
Non-Assignability. The
New Option shall not be transferable by the Optionee and shall be exercisable only by the Optionee, except as the Plan or this Agreement may otherwise provide.
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