Non-Transferability Clause Example with 15 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 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

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

Non-Transferability. The Restricted Share Units are non-transferable and Option may not be assigned, alienated, pledged, attached, 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 or encumbrance shall be void and unenforceable against the Company; provided, that, NBHC, its Subsidiaries or Affiliates; provided that the designation of a beneficiary ...shall not constitute an assignment, alienation, pledge, attachment, sale, transfer or encumbrance. The Option and any Shares received upon exercise thereof shall be subject to the restrictions set forth in the Plan and this Agreement. 3 7. Adjustment. In the event of any event described in Section 3(h) of the Plan occurring after the Date of Grant, the adjustment provisions as provided for under Section 3(h) of the Plan shall apply to the Option. View More
Non-Transferability. The Restricted Share Units are Special Retention Award is 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, p...ledge, attachment, sale, transfer or encumbrance. 4 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 Special Retention Award 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 Units are Special Retention Award is 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, p...ledge, attachment, sale, transfer 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 Special Retention Award 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 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 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 3 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 void and ...unenforceable against the Company; provided, Company or any other member of the Company Group; provided that, the designation of a beneficiary shall not constitute an assignment, alienation, pledge, attachment, sale, transfer transfer, or encumbrance. View More
Non-Transferability. The Restricted Share Units are non-transferable and Stock may not not, at any time prior to becoming vested, be assigned, alienated, pledged, attached, 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 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 or encumbrance. The Restricted Stock shall be subject to the restrictions set forth in the Plan and this 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
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 4by 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..., transfer 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 Units are non-transferable and Option may not be assigned, alienated, pledged, attached, 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 or encumbrance shall be void and unenforceable against the Company; provided, that, NBHC, its Subsidiaries or Affiliates; provided that the designation of a beneficiary ...shall not constitute an assignment, alienation, pledge, attachment, sale, transfer or encumbrance. The Option and any Shares received upon exercise thereof 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 3 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, ...transfer 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 Terms. View More
  • 1
  • 2