Non-Transferability Contract Clauses (949)

Grouped Into 51 Collections of Similar Clauses From Business Contracts

This page contains Non-Transferability clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Non-Transferability. The shares of Restricted Stock, and any rights and interests with respect thereto, issued under this Agreement and the Plan shall not, prior to vesting, be sold, exchanged, transferred, assigned or otherwise disposed of in any way by the Participant (or any beneficiary(ies) of the Participant), other than by testamentary disposition by the Participant or the laws of descent and distribution. Any attempt to sell, exchange, transfer, assign, pledge, encumber or otherwise dispose of or hypothecate ...in any way any of the Restricted Stock, or the levy of any execution, attachment or similar legal process upon the Restricted Stock, contrary to the terms and provisions of this Agreement and/or the Plan, shall be null and void and without legal force or effect. View More
Non-Transferability. The shares of Restricted Stock, Option issued under this Agreement and the Plan, and any rights and interests with respect thereto, issued under this Agreement and the Plan shall not, prior to vesting, not be sold, exchanged, transferred, assigned or otherwise disposed of in any way by the Participant (or any beneficiary(ies) beneficiary of the Participant), other than by testamentary disposition by the Participant or the laws of descent and distribution. Notwithstanding the foregoing, the Commi...ttee may, in its sole discretion, permit the Option to be Transferred to a Family Member for no value, provided that such Transfer shall only be valid upon execution of a written instrument in form and substance acceptable to the Committee in its sole discretion evidencing such Transfer and the transferee's acceptance thereof, signed by the Participant and the transferee, and provided further that the Option may not be subsequently Transferred other than by will or by the laws of descent and distribution or to another Family Member (as permitted by the Committee in its sole discretion) in accordance with the terms of the Plan and this Agreement, and shall in any event at all times remain subject to the terms of the Plan and this Agreement. Any attempt to sell, exchange, transfer, assign, pledge, encumber or otherwise dispose of or hypothecate in any way any of the Restricted Stock, Option, or the levy of any execution, attachment or similar legal process upon the Restricted Stock, Option, contrary to the terms and provisions of this Agreement and/or the Plan, Plan shall be null and void and without legal force or effect. View More
Non-Transferability. The shares of Restricted Stock, Option, and any rights and interests with respect thereto, issued under this Agreement and the Plan shall not, prior to vesting, not be sold, exchanged, transferred, assigned or otherwise disposed of in any way by the Participant (or any beneficiary(ies) of the Participant), other than by testamentary disposition by the Participant or the laws of descent and distribution. Any attempt to sell, exchange, transfer, assign, pledge, encumber or otherwise dispose of or ...hypothecate in any way any of the Restricted Stock, Option, or the levy of any execution, attachment or similar legal process upon the Restricted Stock, Option, contrary to the terms and provisions of this Agreement and/or the Plan, Plan shall be null and void and without legal force or effect. 3 8. Governing Law. All questions concerning the construction, validity and interpretation of this Agreement shall be governed by, and construed in accordance with, the laws of the State of Delaware, without regard to the choice of law principles thereof. View More
Non-Transferability. The shares of Restricted Stock, Option, and any rights and interests with respect thereto, issued under this Agreement and the Plan shall not, prior to vesting, will not be sold, exchanged, transferred, assigned or otherwise disposed of in any way by the Participant (or any beneficiary(ies) of the Participant), other than by testamentary disposition by the Participant or the laws of descent and distribution. Any attempt to sell, exchange, transfer, assign, pledge, encumber or otherwise dispose o...f or hypothecate in any way any of the Restricted Stock, Option, or the levy of any execution, attachment or similar legal process upon the Restricted Stock, Option, contrary to the terms and provisions of this Agreement and/or the Plan, shall Plan will be null and void and without legal force or effect. View More
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Non-Transferability. The shares of Restricted Stock are not transferable by the Participant except to Permitted Transferees in accordance with Section 14(b) of the Plan. Except as otherwise provided herein, no assignment or transfer of the Restricted Stock, or of the rights represented thereby, whether voluntary or involuntary, by operation of law or otherwise, shall vest in the assignee or transferee any interest or right herein whatsoever, but immediately upon such assignment or transfer the Restricted Stock shall... terminate and become of no further effect. View More
Non-Transferability. The shares of Restricted Stock Units are not transferable by the Participant (unless such transfer is specifically required pursuant to a domestic relations order or by applicable law) except to Permitted Transferees in accordance with Section 14(b) 15(b) of the Plan. Except as otherwise provided herein, no assignment or transfer of the Restricted Stock, Stock Units, or of the rights represented thereby, whether voluntary or involuntary, by operation of law or otherwise, shall vest in the assign...ee or transferee any interest or right herein whatsoever, but immediately upon such assignment or transfer the Restricted Stock Units shall terminate and become of no further effect. View More
Non-Transferability. The shares of Restricted Stock Options are not transferable by the Participant except Participant; provided, however, to Permitted Transferees the extent permitted by the Committee in accordance with Section 14(b) 13(b) of the Plan. Plan, vested Options may be transferred to Permitted Transferees. Except as otherwise provided herein, no assignment or transfer of the Restricted Stock, Options, or of the rights represented thereby, whether voluntary or involuntary, by operation of law or otherwise..., shall vest in the assignee or transferee any interest or right herein whatsoever, but immediately upon such assignment or transfer the Restricted Stock Options shall terminate and become of no further effect. View More
Non-Transferability. The shares of Restricted Stock Options are not transferable by the Participant except other than (i) by will or the laws of descent and distribution or (ii) to Permitted Transferees Transferees, as specifically approved in writing by the Committee following written notice to the Committee, in accordance with Section 14(b) 13(b) of the Plan. Except as otherwise provided herein, no assignment or transfer of the Restricted Stock, Options, or of the rights represented thereby, whether voluntary or i...nvoluntary, by operation of law or otherwise, shall vest in the assignee or transferee any interest or right herein whatsoever, but immediately upon such assignment or transfer the Restricted Stock Options shall terminate and become of no further effect. View More
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Non-Transferability. Except as otherwise may be provided in this Paragraph 13 or as otherwise may be provided by the Committee, the limitations on transferability set forth in Section 3.5 of the Plan will apply to this Award. Any purported transfer or assignment in violation of the provisions of this Paragraph 13 or Section 3.5 of the Plan will be void. The Committee may adopt procedures pursuant to which some or all recipients of Restricted Shares may transfer some or all of their Restricted Shares (which will cont...inue to be subject to Transfer Restrictions until the Transferability Date) through a gift for no consideration to any immediate family member, a trust or other estate planning vehicle approved by the Committee or SIP Committee in which the recipient and/or the recipient's immediate family members in the aggregate have 100% of the beneficial interest. View More
Non-Transferability. Except as otherwise may be provided in this Paragraph 13 or as otherwise may be provided by the Committee, the limitations on transferability set forth in Section 3.5 of the Plan will apply to this Award. Any purported transfer or assignment in violation of the provisions of this Paragraph 13 or Section 3.5 of the Plan will be void. The Committee may adopt procedures pursuant to which some or all recipients of Restricted Shares RSUs may transfer some or all of their Restricted Shares (which will... continue to be subject to Transfer Restrictions until the Transferability Date) RSUs through a gift for no consideration to any immediate family member, a trust or other estate planning vehicle approved by the Committee or SIP Committee in which the recipient and/or the recipient's immediate family members in the aggregate have 100% of the beneficial interest. View More
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Non-Transferability. The Restricted Share Units are non-transferable and may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other than by will or the laws of descent and distribution and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable against the Company; provided, that, the designation of a beneficiary shall not constitute an assignment, alienation, pledge, attachment, sale, tr...ansfer or encumbrance. View More
Non-Transferability. The Restricted Share Units are non-transferable and PSUs may not not, at any time prior to becoming vested, be assigned, alienated, pledged, attached, sold sold, or otherwise transferred or encumbered by the Participant other than by will or by the laws of descent and distribution distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer transfer, or encumbrance shall be void and unenforceable against the Company; provided, that, NBHC, its Subsidiaries, and ...its Affiliates; provided that the designation of a beneficiary shall not constitute an assignment, alienation, pledge, attachment, sale, transfer transfer, or encumbrance. The PSUs shall be subject to the restrictions set forth in the Plan and this Agreement. View More
Non-Transferability. The Restricted Share Units are non-transferable and may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other than by will or the laws of descent and distribution and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable against the Company; provided, that, the designation of a beneficiary shall not constitute an assignment, alienation, pledge, attachment, sale, tr...ansfer or encumbrance. encumbrance.18. Shareholder Rights. No person or entity shall be entitled to vote, receive dividends or be deemed for any purpose the holder of any Shares until the Restricted Share Unit shall have vested and been paid in the form of Shares in accordance with the provisions of the Award Agreement. View More
Non-Transferability. The Restricted Share Deferred Stock Units are non-transferable and may not be assigned, alienated, pledged, attached, sold sold, or otherwise transferred or encumbered by the Participant other than Participant, unless such transfer is by will or will, by the laws of descent and distribution or other applicable law, or specifically required pursuant to a domestic relations order, and any such purported assignment, alienation, pledge, attachment, sale, transfer transfer, or encumbrance shall be vo...id and unenforceable against the Company; Company or any other member of the Company Group; provided, that, that the designation of a beneficiary shall not constitute an assignment, alienation, pledge, attachment, sale, transfer transfer, or encumbrance. View More
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Non-Transferability. The Restricted Stock Units are not transferable by the Participant except to Permitted Transferees in accordance with Section 14(b) of the Plan. Whenever the word "Participant" is used in any provision of this Agreement under circumstances where the provision should logically be construed to apply to executors, the administrators or the person or persons to whom the Restricted Stock Units may be transferred by will or by the laws of descent and distribution in accordance with Section 14 of the P...lan, the word "Participant" shall be deemed to include such person or persons. Except as otherwise provided herein, no assignment or transfer of the Restricted Stock Units, or of the rights represented thereby, whether voluntary or involuntary, by operation of law or otherwise, shall vest in the assignee or transferee any interest or right herein whatsoever, but immediately upon such assignment or transfer the Restricted Stock Units shall terminate and become of no further effect. 4 8. Rights as Stockholder. Except as otherwise expressly provided for herein, the Participant or a Permitted Transferee of the Restricted Stock Units shall have no rights as a stockholder with respect to any share of Common Stock underlying a Restricted Stock Unit unless and until the Participant shall have become the holder of record or the beneficial owner of such Common Stock, and no adjustment shall be made for dividends or distributions or other rights in respect of such share of Common Stock for which the record date is prior to the date upon which the Participant shall become the holder of record or the beneficial owner thereof. View More
Non-Transferability. The Restricted Performance Stock Units are not transferable by the Participant except to Permitted Transferees in accordance with applicable laws and Section 14(b) of the Plan. Whenever the word "Participant" is used in any provision of this Agreement under circumstances where the provision should logically be construed to apply to executors, the administrators or the person or persons to whom the Restricted Stock Units may be transferred by will or by the laws of descent and distribution in acc...ordance with Section 14 of the Plan, the word "Participant" shall be deemed to include such person or persons. Except as otherwise provided herein, no assignment or transfer of the Restricted Performance Stock Units, or of the rights represented thereby, whether voluntary or involuntary, by operation of law or otherwise, shall vest in the assignee or transferee any interest or right herein whatsoever, but immediately upon such assignment or transfer the Restricted Performance Stock Units shall terminate and become of no further effect. 4 8. 6 6. No Rights as Stockholder. Except as otherwise expressly provided for herein, the The Participant or a Permitted Transferee of the Restricted Performance Stock Units shall have no rights as a stockholder with respect to any share of Common Stock underlying a Restricted Performance Stock Unit unless and until the Participant shall have become the holder of record or the beneficial owner of such Common Stock, Stock and no adjustment shall be made for dividends or distributions or other rights in respect of such share of Common Stock for which the record date is prior to the date upon which the Participant shall become the holder of record or the beneficial owner thereof. View More
Non-Transferability. The Restricted Stock Units are not transferable by the Participant except to Permitted Transferees in accordance with Section 14(b) of the Plan. Whenever the word "Participant" is used in any provision of this Agreement under circumstances where the provision should logically be construed to apply to executors, the administrators or the person or persons to whom the Restricted Stock Units may be transferred by will or by the laws of descent and distribution in accordance with Section 14 of the P...lan, the word "Participant" shall be deemed to include such person or persons. Except as otherwise provided herein, no assignment or transfer of the Restricted Stock Units, or of the rights represented thereby, whether voluntary or involuntary, by operation of law or otherwise, shall vest in the assignee or transferee any interest or right herein whatsoever, but immediately upon such assignment or transfer the Restricted Stock Units shall terminate and become of no further effect. 4 8. effect.7. Rights as Stockholder. Except as otherwise expressly provided for herein, the Shareholder. The Participant or a Permitted Transferee of the Restricted Stock Units shall have no rights as a stockholder shareholder with respect to any share of Common Stock underlying a Restricted Stock Unit unless and until the Participant shall have become the holder of record or the beneficial owner of such share of Common Stock, and no adjustment shall be made for dividends or distributions or other rights in respect of such share of Common Stock for which the record date is prior to the date upon which the Participant shall become the holder of record or the beneficial owner thereof. View More
Non-Transferability. The Restricted Stock Units are not transferable by the Participant except to Permitted Transferees in accordance with Section 14(b) of the Plan. Whenever the word "Participant" is used in any provision of this Agreement under circumstances where the provision should logically be construed to apply to executors, the administrators or the person or persons to whom the Restricted Stock Units may be transferred by will or by the laws of descent and distribution in accordance with Section 14 14(b) of... the Plan, the word "Participant" shall be deemed to include such person or persons. Except as otherwise provided herein, in this Agreement or the Plan, no assignment or transfer of the Restricted Stock Units, or of the rights represented thereby, whether voluntary or involuntary, by operation of law or otherwise, shall vest in the assignee or transferee any interest or right herein in this Agreement or the Plan whatsoever, but immediately upon such assignment or transfer the Restricted Stock Units shall terminate be forfeited and become of no further effect. 4 8. Rights as Stockholder. Except as otherwise expressly provided for herein, the Participant or a Permitted Transferee of the Restricted Stock Units shall have no rights as a stockholder with respect to any share of Common Stock underlying a Restricted Stock Unit unless and until the Participant shall have become the holder of record or the beneficial owner of such Common Stock, and no adjustment shall be made for dividends or distributions or other rights in respect of such share of Common Stock for which the record date is prior to the date upon which the Participant shall become the holder of record or the beneficial owner thereof. View More
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Non-Transferability. Except as otherwise permitted by the Committee, the Option shall not be transferable otherwise than by will or the laws of descent and distribution, and the Option may be exercised, during the lifetime of the Employee, only by such Employee. More particularly (but without limiting the generality of the foregoing), the Option may not be assigned, transferred (except as provided above), pledged or hypothecated in any way, shall not be assignable by operation of law, and shall not be subject to exe...cution, attachment or similar process. Any attempted assignment, transfer, pledge, hypothecation or other disposition of the Option contrary to the provisions hereof or the levy of any execution, attachment or similar process upon the Option shall be null and void and without effect. View More
Non-Transferability. Except as otherwise permitted by the Committee, the The Option shall not be transferable otherwise than by will or the laws of descent and distribution, or pursuant to a qualified domestic relations order as defined by the Internal Revenue Code (the "Code"), or Title I of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), or the rules thereunder. Subject to the foregoing, and subject to the Option may be exercised, provisions of Section 5 below, during the lifetime of the... Employee, Optionee, the Option shall be exercisable only by such Employee. the Optionee. More particularly (but without limiting the generality of the foregoing), the Option may not be assigned, transferred (except as provided above), pledged pledged, or hypothecated in any way, shall not be assignable by operation of law, law and shall not be subject to execution, attachment attachment, or similar process. Any attempted assignment, transfer, pledge, hypothecation hypothecation, or other disposition of the Option contrary to the provisions hereof or hereof, and the levy of any execution, attachment attachment, or similar process upon the Option shall be null and void and without effect. View More
Non-Transferability. Except as otherwise permitted by the Committee, the The Option shall not be transferable otherwise than by will or the laws of descent and distribution, and the Option may be exercised, during the lifetime of the Employee, Director, only by such Employee. Director. More particularly (but without limiting the generality of the foregoing), the Option may not be assigned, transferred (except as provided above), pledged pledged, or hypothecated in any way, shall not be assignable by operation of law..., and shall not be subject to execution, attachment attachment, or similar process. Any attempted assignment, transfer, pledge, hypothecation hypothecation, or other disposition of the Option contrary to the provisions hereof or hereof, and the levy of any execution, attachment attachment, or similar process upon the Option shall be null and void and without effect. View More
Non-Transferability. Except as otherwise permitted by the Committee, the The Option shall not be transferable otherwise than by will or the laws of descent and distribution, and or pursuant to a qualified domestic relations order as defined in the Code, or Title I of the Employee Retirement Income Security Act of 1974, as amended or the regulations thereunder. Subject to the foregoing, the Option may be exercised, during the lifetime of the Employee, only by such Employee. him. More particularly (but without limitin...g the generality of the foregoing), the Option may not be assigned, transferred (except as provided above), pledged pledged, or hypothecated in any way, shall not be assignable by operation of law, law and shall not be subject to execution, attachment attachment, or similar process. Any attempted assignment, transfer, pledge, hypothecation hypothecation, or other disposition of the Option contrary to the provisions hereof or hereof, and the levy of any execution, attachment attachment, or similar process upon the Option shall be null and void and without effect. View More
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Non-Transferability. The RSUs, and any rights and interests with respect thereto, issued under this Agreement and the Plan shall not be sold, exchanged, transferred, assigned, pledged, encumbered or otherwise disposed of or hypothecated in any way by the Participant (or any beneficiary of the Participant who holds the RSUs as a result of a Transfer by will or by the laws of descent and distribution), other than in accordance with the provisions of Section 10(a) of the Plan.
Non-Transferability. The RSUs, PSUs, and any rights and interests with respect thereto, issued under this Agreement and the Plan shall not be sold, exchanged, transferred, assigned, pledged, encumbered or otherwise disposed of or hypothecated in any way by the Participant (or any beneficiary of the Participant who holds the RSUs PSUs as a result of a Transfer by will or by the laws of descent and distribution), other than in accordance with the provisions of Section 10(a) of the Plan.
Non-Transferability. The RSUs, PSUs, and any rights and interests with respect thereto, issued under this Agreement and the Plan shall not be sold, exchanged, transferred, assigned, pledged, encumbered or otherwise disposed of or hypothecated in any way by the Participant (or any beneficiary of the Participant who holds the RSUs PSUs as a result of a Transfer by will or by the laws of descent and distribution), other than in accordance with the provisions of Section 10(a) 10(c) of the Plan.
Non-Transferability. The RSUs, and any rights and interests with respect thereto, issued under this Agreement and the Plan shall not be sold, exchanged, transferred, assigned, pledged, encumbered or otherwise disposed of or hypothecated in any way by the Participant (or any beneficiary of the Participant who holds the RSUs as a result of a Transfer by will or by the laws of descent and distribution), other than in accordance with the provisions of Section 10(a) 17 of the Plan.
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Non-Transferability. Subject to the terms of the Plan, no rights under this Agreement shall be transferable otherwise than by will, the laws of descent and distribution or pursuant to a qualified Domestic Relations Order ("QDRO"), and, except to the extent otherwise provided herein, the rights and the benefits of the Agreement may be exercised and received, respectively, during the lifetime of the Participant only by the Participant or by the Participant's executor, administrator, guardian or other legal representat...ive or by an "alternate payee" pursuant to a QDRO. Following Participant's death, any Shares distributable in respect of Performance Share Units will be delivered or paid, at the time specified in Section 6.1(a), in accordance with, and subject to, the terms and conditions of this Agreement and of the Plan. View More
Non-Transferability. Subject to the terms of the Plan, no rights under this Agreement shall be transferable otherwise than by will, the laws of descent and distribution or pursuant to a qualified Domestic Relations Order ("QDRO"), distribution, and, except to the extent otherwise provided herein, in this Agreement, the rights and the benefits of the Agreement may be 5 exercised and received, respectively, during the lifetime of the Participant only by the Participant or by the Participant's executor, administrator, ...guardian or other legal representative representative.  19. Entire Agreement. This Agreement constitutes the entire understanding between the Participant and the Company and its Subsidiaries with respect to the Award, and supersedes all other agreements, whether written or by an "alternate payee" pursuant oral, with respect to a QDRO. Following Participant's death, any Shares distributable in respect of Performance Share Units will be delivered or paid, at the time specified in Section 6.1(a), in accordance with, and subject to, the terms and conditions of this Agreement and of the Plan. Award. View More
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Non-Transferability. No portion of the RSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, other than to the Company as a result of forfeiture of the RSUs as provided herein, unless and until payment is made in respect of vested RSUs in accordance with the provisions hereof and the Participant has become the holder of record of the vested Shares issuable hereunder. 8. Governing Law. All questions concerning the construction, validity and interpretation of this Agreement s...hall be governed by, and construed in accordance with, the laws of the State of Texas, without regard to the choice of law principles thereof. View More
Non-Transferability. No portion of the RSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, other than to the Company as a result of forfeiture of the RSUs as provided herein, unless and until payment is made in respect of vested RSUs in accordance with the provisions hereof and the Participant has become the holder of record of the vested Shares issuable hereunder. -10- 8. Governing Law. All questions concerning the construction, validity and interpretation of this Agreem...ent shall be governed by, and construed in accordance with, the laws of the State of Texas, Delaware, without regard to the choice of law principles thereof. View More
Non-Transferability. No portion of the RSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged Transferred by the Participant, other than to the Company as a result of forfeiture of the RSUs as provided herein, unless and until payment is made in respect of vested earned RSUs in accordance with the provisions hereof and the Participant has become the holder of record of the vested Shares issuable hereunder. 8. Any attempt to Transfer the RSUs contrary to the terms and conditions of this Agreemen...t will be null and void and without legal force or effect. 2 7. Governing Law. All questions concerning the construction, validity validity, and interpretation of this Agreement shall will be governed by, and construed in accordance with, the laws of the State of Texas, Delaware, without regard to the choice of law principles thereof. View More
Non-Transferability. No portion of the RSUs PSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, other than to the Company as a result of forfeiture of the RSUs PSUs as provided herein, unless and until payment is made in respect of vested RSUs in accordance with the provisions hereof and the Participant has become the holder of record of the vested Shares issuable hereunder. 8. herein. 7 9. Governing Law. All questions concerning the construction, validity and interpretat...ion of this Agreement shall be governed by, and construed in accordance with, the laws of the State of Texas, without regard to the choice of law principles thereof. View More
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Non-Transferability. No portion of the RSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, other than to the Company as a result of forfeiture of the RSUs as provided herein, unless and until payment is made in respect of vested RSUs in accordance with the provisions hereof and the Participant has become the holder of record of the vested shares of Common Stock issuable hereunder.
Non-Transferability. No Subject to Section 19 hereof, no portion of the RSUs PSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, other than to the Company as a result of forfeiture of the RSUs PSUs or in the event of the Participant's death or disability, as provided herein, unless and until payment is made in respect of vested RSUs PSUs in accordance with the provisions hereof and the Participant has become the holder of record of the vested shares of Common Stock issuab...le hereunder. View More
Non-Transferability. No portion of the RSUs PSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, other than to the Company as a result of forfeiture of the RSUs PSUs as provided herein, unless and until payment is made in respect of vested RSUs PSUs in accordance with the provisions hereof and the Participant has become the holder of record of the vested shares of Common Stock issuable hereunder.
Non-Transferability. No portion of the RSUs PRSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, other than to the Company as a result of forfeiture of the RSUs PRSUs as provided herein, unless and until payment is made in respect of vested RSUs PRSUs in accordance with the provisions hereof and the Participant has become the holder of record of the vested shares of Common Stock issuable hereunder.
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