Transfer Restrictions Clause Example from Business Contracts

This example Transfer Restrictions clause appears in 3 contracts from 1 company

Transfer Restrictions. This Grant and the Deferred Stock Units are non-transferable and may not be assigned, hypothecated or otherwise 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, the Grant shall immediately become null and void and the Deferred Stock Units shall be forfeited. These restrictions shall not apply, however, to any payments received pursuant to Section 8 below.
Found in Mondelez International contract
Mondelez International Contracts

Mondelēz International, Inc. Global Deferred Stock Unit Agreement under 2005 Performance Incentive Plan (Amended 2017) (Filed With SEC on February 9, 2018)

Mondelēz International, Inc. Global Deferred Stock Unit Agreement under 2005 Performance Incentive Plan (Amended 2014) (Filed With SEC on April 28, 2016)

Mondelēz International, Inc. Global Deferred Stock Unit Agreement under 2005 Performance Incentive Plan (Amended 2014) (Filed With SEC on February 20, 2015)