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. 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. 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, be sold, exchanged, transferred, 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, Transfer, assign, pledge, encumber or other...wise 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 Other than with respect to estate planning purposes benefitting a spouse or child, the 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 at...tempt 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. View More