Transfer Restrictions Clause Example with 16 Variations from Business Contracts

This page contains Transfer Restrictions 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.
Transfer Restrictions. Except as expressly provided herein, this Award and the Performance-Based Shares are non-transferable otherwise than by will or by the laws of descent and distribution, and may not otherwise be assigned, pledged or hypothecated or otherwise disposed of and shall not be subject to execution, attachment or similar process. Upon any attempt to effect any such disposition, or upon the levy of any such process, this Award shall immediately become null and void and the Performance-Based Shares shall b...e forfeited. View More
Found in PIER 1 IMPORTS INC contract

Variations of a "Transfer Restrictions" Clause from Business Contracts

Transfer Restrictions. Except as expressly provided herein, this This Award and the Performance-Based Shares RSUs are non-transferable otherwise than by will or by the laws of descent and distribution, and may not otherwise be transferred, assigned, hypothecated, pledged or hypothecated or otherwise disposed of encumbered and shall not be subject to execution, attachment or similar process. Upon any attempt to effect any such disposition, or upon the levy of any such process, this the Award shall immediately become nu...ll and void and the Performance-Based Shares RSUs shall be forfeited. These restrictions shall not apply, however, to any payments received pursuant to Section 7 of this Agreement below. In addition, shares of Common Stock subject to the holding period described in Section 2 (c) of this Agreement may not be transferred, assigned, hypothecated, pledged or otherwise encumbered for the duration of the applicable holding period. View More
Found in 8 Contracts from Philip Morris International
Transfer Restrictions. Except as expressly provided herein, this This Award and the Performance-Based Shares RSUs issuable thereunder are non-transferable otherwise than by will or by the laws of descent and distribution, and may not otherwise be transferred, assigned, hypothecated, pledged or hypothecated or otherwise disposed of and shall not be subject to execution, attachment or similar process. process, or otherwise encumbered. Upon any attempt to effect any such disposition, or upon the levy of any such process,... this the Award shall immediately become null and void and the Performance-Based Shares RSUs shall be forfeited. These restrictions shall not apply, however, to any payments received pursuant to Section 8 of this Agreement below. In addition, shares of Common Stock subject to the holding period described in Section 3(c) of this Agreement may not be 2 transferred, assigned, hypothecated, pledged or otherwise encumbered for the duration of the applicable holding period. View More
Found in Philip Morris International contract
Transfer Restrictions. Except as expressly provided herein, this Award This Grant and the Performance-Based Shares Deferred Stock Units are non-transferable otherwise than by will or by the laws of descent and distribution, and may not otherwise be assigned, pledged or hypothecated or otherwise disposed of pledged and shall not be subject to execution, attachment or similar process. Upon any attempt to effect any such disposition, or upon the levy of any such process, this Award the Grant shall immediately become null... and void and the Performance-Based Shares Deferred Stock Units shall be forfeited. These restrictions shall not apply, however, to any payments received pursuant to Section 8 below. View More
Found in 3 Contracts from Mondelez International
Transfer Restrictions. Except as expressly provided herein, this The Award and the Performance-Based Shares PSUs are non-transferable otherwise than by will or by the laws of descent and distribution, and may not otherwise be assigned, pledged or hypothecated or otherwise disposed of pledged and shall not be subject to execution, attachment or similar process. Upon any attempt to effect any such disposition, or upon the levy of any such process, this the Award shall immediately become null and void and the Performance...-Based Shares PSUs shall be forfeited. These restrictions shall not apply, however, to any payments received pursuant to Section 7 below. View More
Found in 2 Contracts from Philip Morris International
Transfer Restrictions. Except as expressly provided herein, this The Award and the Performance-Based Shares PSUs issuable thereunder are non-transferable otherwise than by will or by the laws of descent and distribution, and may not otherwise be assigned, hypothecated, pledged or hypothecated or otherwise disposed of and shall not be subject to execution, attachment or similar process. process or otherwise encumbered. Upon any attempt to effect any such disposition, or upon the levy of any such process, this the Award... shall immediately become null and void and the Performance-Based Shares PSUs shall be forfeited. These restrictions shall not apply, however, to any payments received pursuant to Section 8 of this Agreement below. View More
Found in 2 Contracts from Philip Morris International
Transfer Restrictions. Except as expressly provided herein, this Award This Grant and the Performance-Based Restricted Shares (until they become unrestricted pursuant to the terms hereof) are non-transferable otherwise than by will or by the laws of descent and distribution, and may not otherwise be assigned, pledged or hypothecated or otherwise disposed of pledged and shall not be subject to execution, attachment or similar process. Upon any attempt to effect any such disposition, or upon the levy of any such process..., this Award the Grant shall immediately become null and void and the Performance-Based Restricted Shares shall be forfeited. View More
Found in Mondelez International contract
Transfer Restrictions. Except as expressly provided herein, this This Award and the Performance-Based Shares RSUs are non-transferable otherwise than by will or by the laws of descent and distribution, and may not otherwise be assigned, pledged or hypothecated or otherwise disposed of pledged and shall not be subject to execution, attachment or similar process. Upon any attempt to effect any such disposition, or upon the levy of any such process, this the Award shall immediately become null and void and the Performanc...e-Based Shares RSUs shall be forfeited. These restrictions shall not apply, however, to any payments received pursuant to Section 7 below. View More
Found in Philip Morris International contract
Transfer Restrictions. Except as expressly provided herein, this This Award and the Performance-Based Restricted Shares (until they become unrestricted pursuant to the terms hereof) are non-transferable otherwise than by will or by the laws of descent and distribution, and may not otherwise be assigned, pledged or hypothecated or otherwise disposed of pledged and shall not be subject to execution, attachment or similar process. Upon any attempt to effect any such disposition, or upon the levy of any such process, this... the Award shall immediately become null and void and the Performance-Based Restricted Shares shall be forfeited. View More
Found in Mondelez International contract
Transfer Restrictions. Except as expressly provided herein, this This Award and the Performance-Based Shares (until they become unrestricted pursuant to the terms hereof) are non-transferable otherwise than by will or by the laws of descent and distribution, and may not otherwise be assigned, pledged or hypothecated or otherwise disposed of pledged and shall not be subject to execution, attachment or similar process. Upon any attempt to effect any such disposition, or upon the levy of any such process, this the Award ...shall immediately become null and void void, and the Performance-Based Shares shall be forfeited. View More
Found in 2 Contracts from Altria Group Inc
Transfer Restrictions. Except as expressly provided herein, this This Award and the Performance-Based Restricted Shares are non-transferable otherwise than by will or by the laws of descent and distribution, and may not otherwise be assigned, pledged or hypothecated or otherwise disposed of pledged and shall not be subject to execution, attachment or similar process. Upon any attempt to effect any such disposition, or upon the levy of any such process, this the Award shall immediately become null and void and the Perf...ormance-Based Restricted Shares shall be forfeited. These restrictions shall not apply, however, to any payments received pursuant to Section 7 below. View More
Found in Kraft Foods Group, Inc. contract