Restrictions on Transfer Clause Example with 4 Variations from Business Contracts

This page contains Restrictions on Transfer 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.
Restrictions on Transfer. No rights under this Award may be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of by the Participant, and any such purported sale, assignment, transfer, pledge, hypothecation or other disposition of Performance Share Units or other rights under this Award will be void and unenforceable against the Company and will result in the immediate forfeiture of such Award and rights. Notwithstanding the foregoing, the Participant may, in the manner established by the Committee,... designate a beneficiary or beneficiaries to exercise the rights of the Participant and receive any shares of Common Stock issued with respect to the Award upon the death of the Participant. View More
Found in P. H. Glatfelter Company contract

Variations of a "Restrictions on Transfer" Clause from Business Contracts

Restrictions on Transfer. No The RSUs and any rights under this the Award may not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of by the Participant, and any such purported sale, assignment, transfer, pledge, hypothecation or other disposition of Performance Share Units RSUs or other rights under this the Award will shall be void and unenforceable against the Company and will shall result in the immediate forfeiture of such Award RSUs and rights. Notwithstanding the foregoing, the Participa...nt may, in the manner established by the Compensation Committee, designate a beneficiary or beneficiaries to exercise the rights of the Participant and receive any shares of Common Stock issued or any cash paid with respect to the Award RSUs upon the death of the Participant. View More
Found in P. H. Glatfelter Company contract
Restrictions on Transfer. No The RSUs and any rights under this the Award may not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of by the Participant, and any such purported sale, assignment, transfer, pledge, hypothecation or other disposition of Performance Share Units RSUs or other rights under this the Award will be void and unenforceable against the Company and will result in the immediate forfeiture of such Award RSUs and rights. Notwithstanding the foregoing, the Participant may, in t...he manner established by the Compensation Committee, designate a beneficiary or beneficiaries to exercise the rights of the Participant and receive any shares of Common Stock issued or any cash paid with respect to the Award RSUs upon the death of the Participant. View More
Found in P. H. Glatfelter Company contract
Restrictions on Transfer. No The RSUs and any rights under this the Award may not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of by the Participant, and any such purported sale, assignment, transfer, pledge, hypothecation or other disposition of Performance Share Units RSUs or other rights under this the Award will shall be void and unenforceable against the Company and will shall result in the immediate forfeiture of such Award RSUs and rights. Notwithstanding the foregoing, the Participa...nt may, in the manner established by the Compensation Committee, designate a beneficiary or beneficiaries to exercise the rights of the Participant and receive any shares of Common Stock issued with respect to the Award RSUs upon the death of the Participant. View More
Found in P. H. Glatfelter Company contract
Restrictions on Transfer. No rights under this Performance Shares Award may be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of by the Participant, and any such purported sale, assignment, transfer, pledge, hypothecation or other disposition of Performance Share Units Shares or other rights under this Performance Shares Award will shall be void and unenforceable against the Company and will shall result in the immediate forfeiture of such Performance Shares Award and rights. Notwithstanding the... foregoing, the Participant may, in the manner established by the Committee, designate a beneficiary or beneficiaries to exercise the rights of the Participant and receive any shares of Common Stock issued with respect to the Performance Shares Award upon the death of the Participant. View More
Found in P. H. Glatfelter Company contract