Non-Transferability Clause Example from Business Contracts

This example Non-Transferability clause appears in 2 contracts from 1 company

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 shares of Restricted Stock, 4 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 shares of ...Restricted Stock shall terminate and become of no further effect. View More
Found in Adeptus Health Inc. contract
Adeptus Health Inc. Contracts

RESTRICTED STOCK GRANT NOTICE UNDER THE Adeptus Health Inc. 2014 OMNIBUS INCENTIVE PLAN (Filed With SEC on February 27, 2015)

RESTRICTED STOCK GRANT NOTICE UNDER THE Adeptus Health Inc. 2014 OMNIBUS INCENTIVE PLAN (Non-Employee Directors) (Filed With SEC on February 27, 2015)