Non-Transferability Clause Example from Business Contracts

This example Non-Transferability clause appears in 3 contracts from 1 company

Non-Transferability. The 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 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 17 of the Plan.
Found in Boxwood Merger Corp. contract
Boxwood Merger Corp. Contracts

Form of PSU Award Agreement (Employee) (Filed With SEC on May 17, 2021)

Form of PSU Award Agreement (Executive) (Filed With SEC on May 17, 2021)

Form of PSU Award Agreement (Executives) (Filed With SEC on May 11, 2022)