Non‐Assignability Clause Example from Business Contracts

This example Non‐Assignability clause appears in 3 contracts from 1 company

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 the 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 hereof) by the participant. Any such attempt at assignment, transfer, pledge or other disposition shall be without effect.
Found in Electronic Arts contract
Electronic Arts Contracts

2000 Employee Stock Purchase Plan, as amended (Filed With SEC on February 8, 2022)

ELECTRONIC ARTS INC. 2000 EMPLOYEE STOCK PURCHASE PLAN As Amended by the Stockholders on July 28, 2016 (Filed With SEC on August 1, 2016)

ELECTRONIC ARTS INC. 2000 EMPLOYEE STOCK PURCHASE PLAN As Amended by the Stockholders on July31, 2013 (Filed With SEC on November 10, 2015)