Nontransferability of Awards Clause Example with 8 Variations from Business Contracts
This page contains Nontransferability of Awards 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.
Nontransferability of Awards. Except as provided in Section 5 or otherwise permitted by the Committee, you may not sell, transfer, pledge, assign or otherwise alienate or hypothecate any of your Unit Options, and all rights with respect to your Unit Options are exercisable during your lifetime only by you.
Found in
MetLife Inc. contract
Variations of a "Nontransferability of Awards" Clause from Business Contracts
Nontransferability of Awards. Except as provided in Section 5 or as otherwise permitted by the Committee, you may not sell, transfer, pledge, assign or otherwise alienate or hypothecate any of your Unit Options, Restricted Units, and all rights with respect to your Unit Options Restricted Units are exercisable during your lifetime only by you. 3 5. Estate. Benefits remaining unpaid at your death will be paid to your estate, except as otherwise required by law.
Found in
MetLife Inc. contract
Nontransferability of Awards. Except as provided in Section 5 or as otherwise permitted by the Committee, you may not sell, transfer, pledge, assign or otherwise alienate or hypothecate any of your Unit Options, Restricted Stock Units, and all rights with respect to your Unit Options Restricted Stock Units are exercisable during your lifetime only by you.
Nontransferability of Awards. Except as provided in Section 5 or as otherwise permitted by the Committee, you may not sell, transfer, pledge, assign or otherwise alienate or hypothecate any of your Unit Options, Restricted Units, and all rights with respect to your Unit Options Restricted Units are exercisable during your lifetime only by you.
Found in
MetLife Inc. contract
Nontransferability of Awards. Except as provided in Section 5 or otherwise permitted by the Committee, you You may not sell, transfer, pledge, assign or otherwise alienate or hypothecate any of your Unit Options, other than by will or by the laws of descent and all distribution. All rights with respect to your Unit Options are exercisable or eligible for Exercise during your lifetime only by you.
Found in
MetLife Inc. contract
Nontransferability of Awards. Except as provided in Section 5 6 or otherwise permitted by the Committee, you may not sell, transfer, pledge, assign or otherwise alienate or hypothecate any of your Unit Options, and all rights with respect to your Unit Options are exercisable during your lifetime only by you.
Found in
MetLife Inc. contract
Nontransferability of Awards. Except as provided in Section 5 or otherwise permitted by the Committee, you may not sell, transfer, pledge, assign or otherwise alienate or hypothecate any of your Unit Stock Options, and all rights with respect to your Unit Stock Options are exercisable during your lifetime only by you.
Nontransferability of Awards. Except as provided in Section 5 or otherwise permitted by the Committee, you may not sell, transfer, pledge, assign or otherwise alienate or hypothecate any of your Unit Options, and all rights with respect to your Unit Options are exercisable during your lifetime only by you.
Nontransferability of Awards. Except as provided in Section 5 or as otherwise permitted by the Committee, you may not sell, transfer, pledge, assign or otherwise alienate or hypothecate any of your Unit Options, Units, and all rights with respect to your Unit Options Units are exercisable during your lifetime only by you.
Found in
MetLife Inc. contract
