Grouped Into 24 Collections of Similar Clauses From Business Contracts
This page contains Non‐Assignability clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Non‐Assignability. Neither payroll deductions credited to a Participant's account nor any rights with regard to the exercise of an option or to receive shares under this Plan may be assigned, transferred, pledged or otherwise disposed of in any way (other than by will, the laws of descent and distribution or as provided in Section 22 below) by the Participant. Any such attempt at assignment, transfer, pledge or other disposition shall be void and without effect.
Non‐Assignability. Neither payroll deductions or other contributions credited to a Participant's participant's account nor any rights with regard to the exercise of an option or to receive shares under this Plan may be assigned, transferred, pledged pledged, or otherwise disposed of in any way (other than by will, the laws of descent and distribution distribution, or as provided in Section 22 18 below) by the Participant. participant. Any such attempt at assignment, transfer, pledge or other disposition shall be v...oid and without effect. View More
Non‐Assignability. Neither payroll deductions credited to a Participant's account nor any rights with regard to the exercise of an option Option or to receive shares Shares under this Plan may be assigned, transferred, pledged or otherwise disposed of in any way (other than by will, the laws of descent and distribution or as provided in Section 22 25 below) by the a Participant. Any such attempt at assignment, transfer, pledge or other disposition shall be is void and without effect.
Non‐Assignability. 17.1 Neither payroll deductions credited to a Participant's participant's account nor any rights with regard to the exercise of an option or to receive shares Shares under this Plan may be assigned, transferred, pledged or otherwise disposed of in any way (other than by will, the laws of descent and distribution or as provided in Section 22 below) distribution) by the Participant. participant. Any such attempt at assignment, transfer, pledge or other disposition shall be void and without effect....View More
Non‐Assignability. Upon the Participant's death, the Performance Units may be transferred by will or by the laws governing the descent and distribution of the Participant's estate. Otherwise, the Participant may not sell, transfer, assign, pledge or otherwise encumber any portion of the Performance Units, and any attempt to sell, transfer, assign, pledge, or encumber any portion of the Performance Units shall have no effect.
Non‐Assignability. Upon the Participant's death, the Performance Units may shall be transferred by will or by the laws governing the descent and distribution paid out as provided in Paragraph 6 of the Participant's estate. this Award Agreement. Otherwise, the Participant may not sell, transfer, assign, pledge or otherwise encumber any portion of the Performance Units, and any attempt to sell, transfer, assign, pledge, or encumber any portion of the Performance Units shall have no effect.
Non‐Assignability. Upon the Participant's Grantee's death, the Performance Share Units may be transferred by will or by the laws governing the descent and distribution of the Participant's Grantee's estate. Otherwise, the Participant Grantee may not sell, transfer, assign, pledge or otherwise encumber any portion of the Performance Share Units, and any attempt to sell, transfer, assign, pledge, or encumber any portion of the Performance Share Units shall have no effect.
Non‐Assignability. Upon the Participant's death, the Performance Share Units may be transferred by will or by the laws governing the descent and distribution of the Participant's estate. Otherwise, the Participant may not sell, transfer, assign, pledge or otherwise encumber any portion of the Performance Share Units, and any attempt to sell, transfer, assign, pledge, or encumber any portion of the Performance Share Units shall have no effect.
Non‐Assignability. Upon the Participant's death, the Restricted Shares shall be transferred to the Participant's designated beneficiary on file with the Plan's third party stock plan administrator or, if none, to the Participant's estate. Otherwise, the Participant may not sell, transfer, assign, pledge or otherwise encumber any portion of the Restricted Shares, and any attempt to sell, transfer, assign, pledge, or encumber any portion of the Restricted Shares shall have no effect.
Non‐Assignability. Upon the Participant's death, the Restricted Shares Units shall vest in accordance with Section 2(b) above, and shares of Common Stock shall be transferred to the Participant's designated beneficiary on file with the Plan's third party stock plan administrator or, if none, to the Participant's estate. Otherwise, the Participant may not sell, transfer, assign, pledge or otherwise encumber any portion of the Restricted Shares, Units, and any attempt to sell, transfer, assign, pledge, or encumber a...ny portion of the Restricted Shares Units shall have no effect. View More
Non‐Assignability. Upon the Participant's death, the Restricted Shares shall be transferred to the Participant's designated beneficiary on file with the Plan's third party stock plan administrator or, if none, to the Participant's estate. Otherwise, the Participant may not sell, transfer, assign, pledge or otherwise encumber any portion of the Restricted Shares, and any attempt to sell, transfer, assign, pledge, pledge or encumber any portion of the Restricted Shares shall have no effect.
Non‐Assignability. Except for those rights that may accrue to the Executive's family or estate in the event of his death or disability, neither this Agreement nor any right or interest hereunder shall be subject, in any manner, to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance or charge, whether voluntary or involuntary, by operation of law or otherwise, and any attempt at such shall be void; provided, that any such benefit shall not in any way be subject to the debts, contract, liabilit...ies, engagements or torts of the Executive, nor shall it be subject to attachment or legal process for or against the Executive.View More
Non‐Assignability. Except for those rights that may accrue to the Executive's family or estate in the event of his death or disability, neither this Agreement nor any right or interest hereunder of Executive under this Agreement shall be subject, in any manner, to anticipation, 7 alienation, sale, transfer, assignment, pledge, encumbrance encumbrance, or charge, whether voluntary or involuntary, by operation of law or otherwise, and any attempt at such will be void. No compensation or benefit due Executive under t...his Agreement shall be void; provided, that any such benefit shall not in any way be subject to the debts, contract, contracts, liabilities, engagements or torts of the Executive, nor shall it be Executive or subject to attachment or legal process for or against the Executive. View More
Non‐Assignability. Except for those rights that may accrue to the Executive's family or estate in the event of his death or disability, neither Neither this Agreement Agreement, nor any right or interest hereunder hereunder, shall be subject, in any manner, to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance or charge, whether voluntary or involuntary, by operation of law or otherwise, and any attempt at such shall be void; provided, that any such void. Any benefit right or interest under ...this Agreement shall not in any way be subject to the debts, contract, liabilities, engagements or torts of the Executive, nor shall it be subject to attachment or legal process for or against Executive. Notwithstanding the Executive. foregoing, in the event of the Executive's death prior to the payment of all amounts properly due hereunder, payment shall be paid to Executive's estate. View More
Non‐Assignability. The Restricted Shares and the right to vote such shares and to receive dividends thereon, may not, except as otherwise provided in the Plan, be sold, assigned, transferred, pledged, or encumbered in any way prior to the vesting of such shares, whether by operation of law or otherwise, except by will or the laws of descent and distribution. After vesting, the sale or other transfer of the shares of Common Stock will be subject to applicable laws and regulations under the Exchange Act.
Non‐Assignability. The Restricted Shares and the right to vote such shares and to receive dividends thereon, may not, except as otherwise provided in the Plan, be sold, assigned, transferred, pledged, or encumbered in any way prior to the vesting of such shares, whether by operation of law or otherwise, except by will or the laws of descent and distribution. distribution or a qualified domestic relations order. After vesting, the sale or other transfer of the shares of Common Stock will shall be subject to applica...ble laws and regulations under the Exchange Act. View More
Non‐Assignability. The Restricted Shares and the right to vote such shares and to receive dividends thereon, may not, except as otherwise provided in the Plan, not be sold, assigned, transferred, pledged, or encumbered in any way prior to the vesting of such shares, whether by operation of law or otherwise, except by will or the laws of descent and distribution. After vesting, the sale or other transfer of the shares of Common Stock will be subject to applicable laws and regulations under federal and state securit...ies laws, as well as anti-hedging and anti-pledging policies adopted by the Exchange Act. Company. View More
Non‐Assignability. The Restricted Shares and the right to vote such shares and to receive dividends thereon, may not, except as otherwise provided in the Plan, be sold, assigned, transferred, pledged, or encumbered in any way prior to the vesting of such shares, whether by operation of law or otherwise, except by will or the laws of descent and distribution. After vesting, the sale or other transfer of the shares of Common Stock will be subject to applicable laws and regulations under the Exchange Act. federal and... state securities laws. View More
Non‐Assignability. The Option shall not be transferable by the Participant otherwise than by will, by the laws of descent and distribution or pursuant to a qualified domestic relations order as defined by the Code or Title I of the Employee Retirement Income Security Act or the rules thereunder. Such transferee shall remain subject to all the terms and conditions applicable to the Option prior to such transfer and each such transferee shall so acknowledge in writing as a condition precedent to the effectiveness of... such transfer. The term "Immediate Family" shall mean the Participant's spouse, former spouse, parents, children, stepchildren, adoptive relationships, sisters, brothers, nieces, nephews and grandchildren (and, for this purpose, shall also include the Participant). Except as provided above in this paragraph, the Option shall be exercisable, during the Participant's lifetime, only by the Participant (or, in the event of legal incapacity or incompetency, by the Participant's guardian or representative) and shall not be assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to execution, attachment or similar process. Any attempted transfer, assignment, pledge, hypothecation or other disposition of the Option or of any rights granted hereunder contrary to the provisions of this Section 7, or the levy of any attachment or similar process upon the Option shall be null and void. 5 8. NO RIGHTS AS STOCKHOLDER UNTIL EXERCISE. The Participant shall have no rights as a stockholder with respect to Shares subject to this Agreement until registration of the Shares in the Company's share register in the name of the Participant. Except as is expressly provided in the Plan with respect to certain changes in the capitalization of the Company, no adjustment shall be made for dividends or similar rights for which the record date is prior to the date of such registration.View More
Non‐Assignability. The Option shall not be transferable by the Participant otherwise than by will, will or by the laws of descent and distribution or pursuant to a qualified domestic relations order as defined by the Code or Title I of the Employee Retirement Income Security Act or the rules thereunder. Such However, the Participant, with the approval of the Administrator, may transfer the Option for no consideration to or for the benefit of the Participant's Immediate Family (including, without limitation, to a t...rust for the benefit of the Participant's Immediate Family or to a partnership or limited liability company for one or more members of the Participant's Immediate Family), subject to such limits as the Administrator may establish, and the transferee shall remain subject to all the terms and conditions applicable to the Option prior to such transfer and each such transferee shall so acknowledge in writing as a condition precedent to the effectiveness of such transfer. The term "Immediate Family" shall mean the Participant's spouse, former spouse, parents, children, stepchildren, adoptive relationships, sisters, brothers, nieces, nephews and grandchildren (and, for this purpose, shall also include the Participant). Except as provided above in this paragraph, the previous sentence, the Option shall be exercisable, during the Participant's lifetime, only by the Participant (or, in the event of legal incapacity or incompetency, by the Participant's guardian or representative) and shall not be assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject 4 to execution, attachment or similar process. Any attempted transfer, assignment, pledge, hypothecation or other disposition of the Option or of any rights granted hereunder contrary to the provisions of this Section 7, or the levy of any attachment or similar process upon the Option shall be null and void. 5 8. NO RIGHTS AS STOCKHOLDER UNTIL EXERCISE. The Participant term "Immediate Family" shall have no rights as a stockholder with respect to Shares subject to mean the Participant's spouse, former spouse, parents, children, stepchildren, adoptive relationships, sisters, brothers, nieces, nephews and grandchildren (and, for this Agreement until registration of purpose, shall also include the Shares in the Company's share register in the name of the Participant. Except as is expressly provided in the Plan with respect to certain changes in the capitalization of the Company, no adjustment shall be made for dividends or similar rights for which the record date is prior to the date of such registration. Participant.) View More
Non‐Assignability. The Option shall not be transferable by the Participant otherwise than by will, will or by the laws of descent and distribution or distribution. If this Option is a Non-Qualified Option then it may also be transferred pursuant to a qualified domestic relations order as defined by the Code or Title I of the Employee Retirement Income Security Act or the rules thereunder. Such thereunder and the Participant, with the approval of the Administrator, may transfer the Option for no consideration to or... for the benefit of the Participant's Immediate Family (including, without limitation, to a trust for the benefit of the Participant's Immediate Family or to a partnership or limited liability company for one or more members of the Participant's Immediate Family), subject to such limits as the Administrator may establish, and the transferee shall remain subject to all the terms and conditions applicable to the Option prior to such transfer and each such transferee shall so acknowledge in writing as a condition precedent to the effectiveness of such transfer. The term "Immediate Family" shall mean the Participant's spouse, former spouse, parents, children, stepchildren, adoptive relationships, sisters, brothers, nieces, nephews and grandchildren (and, for this purpose, shall also include the Participant). Except as provided above in this paragraph, the Option shall be exercisable, during the Participant's lifetime, only by the Participant (or, in the event of legal incapacity or incompetency, by the Participant's guardian or representative) and shall not be assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to execution, attachment or similar process. Any attempted transfer, assignment, pledge, hypothecation or other disposition of the Option or of any rights granted hereunder contrary to the provisions of this Section 7, or the levy of any attachment or similar process upon the Option shall be null and void. 5 8. NO RIGHTS AS STOCKHOLDER UNTIL EXERCISE. The Participant shall have no rights as a stockholder with respect to Shares subject to this Agreement until registration of the Shares in the Company's share register in the name of the Participant. Except as is expressly provided in the Plan with respect to certain changes in the capitalization of the Company, no adjustment shall be made for dividends or similar rights for which the record date is prior to the date of such registration.View More
Non‐Assignability. The Option shall not be transferable by the Participant otherwise than by will or by the laws of descent and distribution. For California Participants, the Option shall not be transferable other than by will, by the laws of descent and distribution distribution, to a revocable trust or as permitted by Rule 701 of the Securities Act of 1933. If this Option is a Non-Qualified Option then it may also be transferred pursuant to a qualified domestic relations order as defined by the Code or Title I o...f the Employee Retirement Income Security Act or the rules thereunder. Such thereunder and the Participant, with the approval of the Administrator, may transfer the Option for no consideration to or for the benefit of the Participant's Immediate Family (including, without limitation, to a trust for the benefit of the Participant's Immediate Family or to a partnership or limited liability company for one or more members of the Participant's Immediate Family), subject to such limits as the Administrator may establish, and the transferee shall remain subject to all the terms and conditions applicable to the Option prior to such transfer and each such transferee shall so acknowledge in writing as a condition precedent to the effectiveness of such transfer. The term "Immediate Family" shall mean the Participant's spouse, former spouse, parents, children, stepchildren, adoptive relationships, sisters, brothers, nieces, nephews and grandchildren (and, for this purpose, shall also include the Participant). Except as provided above in this paragraph, the Option shall be exercisable, during the Participant's lifetime, only by the Participant (or, in the event of legal incapacity or incompetency, by the Participant's guardian or representative) and shall not be assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to execution, attachment or similar process. Any attempted transfer, assignment, pledge, hypothecation or other disposition of the Option or of any rights granted hereunder contrary to the provisions of this Section 7, or the levy of any attachment or similar process upon the Option shall be null and void. 5 8. NO RIGHTS AS STOCKHOLDER UNTIL EXERCISE. The Participant shall have no rights as a stockholder with respect to Shares subject to this Agreement until registration of the Shares in the Company's share register in the name of the Participant. Except as is expressly provided in the Plan with respect to certain changes in the capitalization of the Company, no adjustment shall be made for dividends or similar rights for which the record date is prior to the date of such registration.View More
Non‐Assignability. Consultant shall not assign, transfer, or subcontract this Agreement or any of his obligations hereunder without the Company's express, prior written permission.
Non‐Assignability. Consultant Counselor shall not assign, transfer, or subcontract this Agreement or any of his obligations hereunder without the Company's express, prior written permission.
Non‐Assignability. The Option shall not be assignable or transferable, except by will or by the laws of descent and distribution in the event of the death of the Employee. No transfer of the Option by the Employee by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will and such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance ...by the transferee or transferees of the terms and conditions of the Option.View More
Non‐Assignability. The Option shall not be assignable or transferable, transferable except by will or by the laws of descent and distribution in the event of the death of the Employee. Optionee, or as otherwise permitted by the Plan. The Option may be exercised during the Optionee's lifetime only by the Optionee. No transfer of the Option by the Employee Optionee by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notic...e thereof and a copy of the will will, if any, and such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Option. View More
Non‐Assignability. Except for those rights that may accrue to the Executive's family or estate in the event of his death or disability, neither this Agreement nor any right or interest hereunder shall be subject, in any manner, to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance or charge, whether voluntary or involuntary, by operation of law or otherwise, and any attempt at such shall be void; provided, that any such benefit shall not in any way be subject to the debts, contract, liabilit...ies, engagements or torts of the Executive, nor shall it be subject to attachment or legal process for or against the Executive. 7 9. Entire Agreement; Modification. Except as provided herein, this Agreement sets forth the entire agreement and understanding of the parties concerning the subject matter hereof, and supersedes all prior agreements, arrangements and understandings relative to that subject matter including, without limitation, the Employment Agreements. No term or provision hereof may be modified or extinguished, in whole or in part, except by a writing which is dated and signed by the parties to this Agreement. No representation, promise or inducement has been made to or relied upon by or on behalf of either party concerning the subject matter hereof which is not set forth in this Agreement.View More
Non‐Assignability. Except for those rights that may accrue to the Executive's Doherty's family or estate in the event of his death or disability, neither this Agreement nor any right or interest hereunder shall be subject, in any manner, to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance or charge, whether voluntary or involuntary, by operation of law or otherwise, and any attempt at such shall be void; provided, that any such benefit shall not in any way be subject to the debts, contract..., liabilities, engagements or torts of the Executive, Doherty, nor shall it be subject to attachment or legal process for or against the Executive. 7 Doherty. 9. Entire Agreement; Modification. Except as provided herein, this Agreement sets forth the entire agreement and understanding of the parties concerning the subject matter hereof, and supersedes all prior agreements, arrangements and understandings relative to that subject matter including, without limitation, the Employment Agreements. No term or provision hereof may be modified or extinguished, in whole or in part, except by a writing which is dated and signed by the parties to this Agreement. No representation, promise or inducement has been made to or relied upon by or on behalf of either party concerning the subject matter hereof which is not set forth in this Agreement. View More
Non‐Assignability. The Awarded Units are not assignable or transferable by the Participant Grantee except by will or by the laws of descent and distribution.
Non‐Assignability. The This Award and the Awarded Units are not assignable or transferable by the Participant Participant, except by will or by the laws of descent and distribution.
Non‐Assignability. The Awarded Units are not assignable or transferable by the Participant Grantee except by will or by the laws of descent and distribution.