Non-Transferability Clause Example with 34 Variations from Business Contracts

This page contains Non-Transferability 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.
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

Variations of a "Non-Transferability" Clause from Business Contracts

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, SAR, 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 hyp...othecate in any way any of the Restricted Stock, SAR, or the levy of any execution, attachment or similar legal process upon the Restricted Stock, SAR, 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 7. 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, Shares, 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 such Restricted Shares, and any rights and interests with respect thereto, shall not, prior t...o vesting, be pledged, encumbered or otherwise hypothecated in any way by the Participant (or any beneficiary(ies) of the Participant) and shall not, prior to vesting, be subject to execution, attachment or similar legal process. Any attempt to sell, exchange, transfer, assign, pledge, encumber or otherwise dispose of or hypothecate in any way any of the Restricted Stock, Shares, or the levy of any execution, attachment or similar legal process upon the Restricted Stock, Shares, 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. 6. Entire Agreement; Amendment. This Agreement contains the entire agreement between the parties hereto with respect to the subject matter contained herein, and supersedes all prior agreements or prior understandings, whether written or oral, between the parties relating to such subject matter. This Agreement may only be modified or amended by a writing signed by both the Company and the Participant. View More
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) beneficiary 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, Plan shall be null and void and without legal force or effect. 4 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, 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, 3 encumber or otherwise dispose of o...r 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 3 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 o...r 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, Performance Shares, 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 dispos...e of or hypothecate in any way any of the Restricted Stock, Performance Shares, or the levy of any execution, attachment or similar legal process upon the Restricted Stock, Performance Shares, 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 3 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, 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
Non-Transferability. The shares of Other than with respect to estate planning purposes benefitting a spouse or child, the Restricted Stock, Stock Units, 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) beneficiary of the Participant), other than by testamentary disposition by the Participant or the laws of descent and distrib...ution. Any attempt to sell, exchange, transfer, assign, pledge, encumber or otherwise dispose of or hypothecate in any way any of the Restricted Stock, Stock Units, or the levy of any execution, attachment or similar legal process upon the Restricted Stock, Stock Units, 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