Nontransferability Clause Example with 9 Variations from Business Contracts

This page contains Nontransferability 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. The RSUs awarded pursuant to this Award Agreement may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated ("Transfer"), other than by will or by the laws of descent and distribution, except as provided in the Plan. If any prohibited Transfer, whether voluntary or involuntary, of the RSUs is attempted to be made, or if any attachment, execution, garnishment, or lien shall be attempted to be issued against or placed upon the RSUs, your right to such RSUs shall be im...mediately forfeited to the Company, and this Award Agreement shall be null and void. View More

Variations of a "Nontransferability" Clause from Business Contracts

Nontransferability. The RSUs PSUs awarded pursuant to this Award Agreement may not be sold, transferred, pledged, assigned, assigned or otherwise alienated or hypothecated ("Transfer"), (a "Transfer") other than by will or by the laws of descent and distribution, except as provided in the Plan. If any prohibited Transfer, whether voluntary or involuntary, of the RSUs PSUs is attempted to be made, or if any attachment, execution, garnishment, or lien shall be attempted to will be issued against or placed upon the RS...Us, your PSUs, the Participant's right to such RSUs shall PSUs will be immediately forfeited to the Company, and this Award Agreement shall be null and void. will lapse. View More
Nontransferability. The RSUs awarded pursuant to this Award Agreement may not be sold, transferred, pledged, assigned, assigned or otherwise alienated or hypothecated ("Transfer"), (a "Transfer") other than by will or by the laws of descent and distribution, except as provided in the Plan. If any prohibited Transfer, whether voluntary or involuntary, of the RSUs is attempted to be made, or if any attachment, execution, garnishment, or lien shall be attempted to will be issued against or placed upon the RSUs, your t...he Participant's right to such RSUs shall will be immediately forfeited to the Company, and this Award Agreement shall be null and void. will lapse. View More
Nontransferability. The Performance RSUs awarded pursuant to this Award Agreement may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated ("Transfer"), other than by will or by the laws of descent and distribution, except as provided in the Plan. If any prohibited Transfer, whether voluntary or involuntary, of the Performance RSUs is attempted to be made, or if any attachment, execution, garnishment, or lien shall be attempted to be issued against or placed upon the Performance RSUs,... your the Participant's right to such Performance RSUs shall be immediately forfeited to the Company, and this Award Agreement shall be null and void. View More
Nontransferability. The RSUs awarded pursuant to this This Award Agreement may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated ("Transfer"), other than by will or by the laws of descent and distribution, except as provided in the Plan. If any prohibited Transfer, whether voluntary or involuntary, of the RSUs Award is attempted to be made, or if any attachment, execution, garnishment, or lien shall be attempted to be issued against or placed upon the RSUs, this Award, your right t...o such RSUs shall be immediately forfeited receive any payment pursuant to the Company, terms of this Award shall immediately and automatically be forfeited, and this Award Agreement shall be null and void. View More
Nontransferability. The RSUs awarded pursuant to this Award Agreement may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated ("Transfer"), other than by will or by the laws of descent and distribution, except as provided in the Plan. If any prohibited Transfer, whether voluntary or involuntary, of the RSUs Award is attempted to be made, or if any attachment, execution, garnishment, or lien shall be attempted to be issued against or placed upon the RSUs, Amounts, your right to such R...SUs Amounts shall be immediately forfeited to the Company, and this Award Agreement Notice shall be null and void. View More
Nontransferability. The RSUs awarded pursuant to this This Award Agreement may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated ("Transfer"), other than by will or by the laws of descent and distribution, except as provided in the Plan. If any prohibited Transfer, whether voluntary or involuntary, of the RSUs Award is attempted to be made, or if any attachment, execution, garnishment, or lien shall be attempted to be issued against or placed upon the RSUs, this Award, your right t...o such RSUs receive any payment pursuant to the terms of this Award shall be immediately forfeited to the Company, and automatically be forfeited, and this Award Agreement shall be null and void. View More
Nontransferability. The RSUs SARs awarded pursuant to this Award Agreement may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated ("Transfer"), other than by will or by the laws of descent and distribution, except as provided in the Plan. If any prohibited Transfer, whether voluntary or involuntary, of the RSUs SARs is attempted to be made, or if any attachment, execution, garnishment, or lien shall be attempted to be issued against or placed upon the RSUs, SARs, your right to such ...RSUs SARs shall be immediately forfeited to the Company, and this Award Agreement shall be null and void. View More
Nontransferability. The RSUs awarded pursuant to this This Award Agreement may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated ("Transfer"), other than by will or by the laws of descent and distribution, except as provided in the Plan. If any prohibited Transfer, whether voluntary or involuntary, of the RSUs this Award is attempted to be made, or if any attachment, execution, garnishment, or lien shall be attempted to be issued against or placed upon the RSUs, Award, your right t...o such RSUs the Award shall be immediately forfeited to the Company, and this Award Agreement shall be null and void. View More
Nontransferability. The RSUs awarded pursuant to this Award Agreement Notice may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated ("Transfer"), other than by will or by the laws of descent and distribution, except as provided in the Plan. If any prohibited Transfer, whether voluntary or involuntary, of the RSUs is attempted to be made, or if any attachment, execution, garnishment, or lien shall be attempted to be issued against or placed upon the RSUs, your right to such RSUs shal...l be immediately forfeited to the Company, and this Award Agreement Notice shall be null and void. View More