Transferability Clause Example with 12 Variations from Business Contracts

Transferability. Unless otherwise determined by the Board, the shares of Restricted Stock The RSUs are not transferable unless and until they become Vested the Shares have been delivered to the Recipient in settlement of the RSUs in accordance with this Agreement, otherwise other than by will or under the applicable laws of descent and distribution. The terms of this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Recipient. Except as otherwise permitted pursua...nt to the first sentence of this Section, Section 6, any attempt to effect a Transfer of any shares of Restricted Stock RSUs prior to the date on which the shares become Vested Shares have been delivered to the Recipient in settlement of the RSUs shall be void ab initio. For purposes of this Agreement, "Transfer" shall mean any sale, transfer, encumbrance, gift, donation, assignment, pledge, hypothecation, or other disposition, whether similar or dissimilar to those previously enumerated, whether voluntary or involuntary, and including, but not limited to, any disposition by operation of law, by court order, by judicial process, or by foreclosure, levy or attachment. View More

Transferability. Unless otherwise determined by the Board, the shares of Restricted Stock The PSUs awarded hereunder are not transferable unless and until they become Vested Shares in accordance with this Agreement, otherwise other than by will or under the applicable laws of descent and distribution. The distribution, and the terms of this Agreement shall be binding upon the executors, administrators, heirs, successors successors, and assigns of the Recipient. Except as otherwise permitted pursuant to the first... sentence of this Section, any Any attempt to effect a Transfer of any shares of Restricted Stock prior to the date on which the shares become Vested Shares PSUs shall be void ab initio. For purposes of this Agreement, "Transfer" shall mean means any sale, transfer, encumbrance, gift, donation, assignment, pledge, hypothecation, or other disposition, whether similar or dissimilar to those previously enumerated, whether voluntary or involuntary, and including, but not limited to, any disposition by operation of law, by court order, by judicial process, or by foreclosure, levy or attachment. View More

Transferability. Unless otherwise determined by the Board, the shares of Restricted Stock are not transferable unless and until they become Vested Shares in accordance with this Agreement, otherwise than by will or under the applicable laws of descent and distribution. The terms of this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Recipient. Except as otherwise permitted pursuant to the first sentence of this Section, any attempt to effect a Transfer of any ...shares of Restricted Stock prior to the date on which the shares become Vested Shares shall be void ab initio. For purposes of this Agreement, "Transfer" shall mean any sale, transfer, encumbrance, gift, donation, assignment, pledge, hypothecation, or other disposition, whether similar or dissimilar to those previously enumerated, whether voluntary or involuntary, and including, but not limited to, any disposition by operation of law, by court order, by judicial process, or by foreclosure, levy or attachment. View More

Transferability. Unless otherwise determined by the Board, the shares of Restricted Stock The PRUs awarded hereunder are not transferable unless and until they become Vested Shares in accordance with this Agreement, otherwise than by will or under the applicable laws of descent and distribution. The distribution, and the terms of this Agreement shall be binding upon the executors, administrators, heirs, successors successors, and assigns of the Recipient. Except as otherwise permitted pursuant to the first sente...nce of this Section, any Any attempt to effect a Transfer of any shares of Restricted Stock prior to the date on which the shares become Vested Shares PRUs shall be void ab initio. For purposes of this Agreement, "Transfer" shall mean any sale, transfer, encumbrance, gift, donation, assignment, pledge, hypothecation, or other disposition, whether similar or dissimilar to those previously enumerated, whether voluntary or involuntary, and including, but not limited to, any disposition by operation of law, by court order, by judicial process, or by foreclosure, levy or attachment. View More

Transferability. Unless otherwise determined by the Board, the shares of The Restricted Stock Units are not transferable unless and until they become Vested the Shares have been delivered to the Recipient in settlement of the Restricted Stock Units in accordance with this Agreement, otherwise than by will or under the applicable laws of descent and distribution. The terms of this Agreement shall be binding upon the executors, administrators, heirs, successors successors, and assigns of the Recipient. Except as o...therwise permitted pursuant to the first sentence of this Section, any Any attempt to effect a Transfer of any shares of Restricted Stock Units prior to the date on which the shares become Vested Shares have been delivered to the Recipient in settlement of the Restricted Stock Units shall be void ab initio. For purposes of this Agreement, "Transfer" shall mean any sale, transfer, encumbrance, gift, donation, assignment, pledge, hypothecation, or other disposition, whether similar or dissimilar to those previously enumerated, whether voluntary or involuntary, and including, but not limited to, any disposition by operation of law, by court order, by judicial process, or by foreclosure, levy or attachment. View More

Transferability. Unless otherwise determined by the Board, the shares of Restricted Stock are The RSUs shall not transferable unless and until they become Vested Shares in accordance with this Agreement, be Transferred, otherwise than by will or under the applicable laws of descent and distribution. The terms of this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Recipient. Except as otherwise permitted pursuant to the first sentence of this Section, any Any a...ttempt to effect a Transfer of any shares of Restricted Stock prior to the date on which the shares become Vested Shares RSUs shall be void ab initio. For purposes of this Agreement, "Transfer" shall mean any sale, transfer, encumbrance, gift, donation, assignment, pledge, hypothecation, or other disposition, whether similar or dissimilar to those previously enumerated, whether voluntary or involuntary, and including, but not limited to, any disposition by operation of law, by court order, by judicial process, or by foreclosure, levy or attachment. View More

Transferability. Unless otherwise determined by the Board, the shares of Restricted Stock The RSUs are not transferable unless and until they become Vested the Shares have been delivered to the Recipient in settlement of the RSUs in accordance with this Agreement, otherwise than by will or under the applicable laws of descent and distribution. The terms of this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of 3 the Recipient. Except as otherwise permitted pursuant t...o the first sentence of this Section, any attempt to effect a Transfer of any shares of Restricted Stock RSUs prior to the date on which the shares become Vested Shares have been delivered to the Recipient in settlement of the RSUs shall be void ab initio. For purposes of this Agreement, "Transfer" shall mean any sale, transfer, encumbrance, gift, donation, assignment, pledge, hypothecation, or other disposition, whether similar or dissimilar to those previously enumerated, whether voluntary or involuntary, and including, but not limited to, any disposition by operation of law, by court order, by judicial process, or by foreclosure, levy or attachment. View More

Transferability. Unless otherwise determined by the Board, the shares of The Restricted Stock Units are not transferable unless and until they become Vested Shares in accordance with this Agreement, otherwise than by will or under the applicable laws of descent and distribution. The terms of this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Recipient. Except as otherwise permitted pursuant to the first sentence of this Section, any Any attempt to effect a Tr...ansfer of any shares of the Restricted Stock Units prior to the date on which the shares become Vested Shares have been delivered in settlement of the Restricted Stock Units shall be void ab initio. For purposes of this Agreement, "Transfer" shall mean any sale, transfer, encumbrance, margin transaction, gift, donation, assignment, pledge, hypothecation, or other disposition, whether similar or dissimilar to those previously enumerated, whether voluntary or involuntary, and including, but not limited to, any disposition by operation of law, by court order, by judicial process, or by foreclosure, levy or attachment. View More

Transferability. Unless otherwise determined by the Board, the shares of Restricted Stock The RSUs are not transferable unless and until they become Vested the Shares have been delivered to the Recipient in settlement of the RSUs in accordance with this Agreement, otherwise than by will or under the applicable laws of descent and distribution. The terms of this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Recipient. Except as otherwise permitted pursuant to ...the first sentence of this Section, any attempt to effect a Transfer of any shares of Restricted Stock RSUs prior to the date on which the shares become Vested Shares have been delivered to the Recipient in settlement of the RSUs shall be void ab initio. For purposes of this Agreement, "Transfer" shall mean any sale, transfer, encumbrance, gift, donation, assignment, pledge, hypothecation, or other disposition, whether similar or dissimilar to those previously enumerated, whether voluntary or involuntary, and including, but not limited to, any disposition by operation of law, by court order, by judicial process, or by foreclosure, levy or attachment. View More

Transferability. Unless otherwise determined by the Board, Committee, the shares of Restricted Stock Performance Units are not transferable unless and until they become Vested Shares fully vested in accordance with this Agreement, otherwise than by will or under the applicable laws of descent and distribution. The terms of this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Recipient. Except as otherwise permitted pursuant to the first sentence of this Section..., any attempt to effect a Transfer of any shares of Restricted Stock Performance Units prior to the date on which the shares they become Vested Shares fully vested shall be void ab initio. For purposes of this Agreement, "Transfer" shall mean any sale, transfer, encumbrance, gift, donation, assignment, pledge, hypothecation, or other disposition, whether similar or dissimilar to those previously enumerated, whether voluntary or involuntary, and including, but not limited to, any disposition by operation of law, by court order, by judicial process, or by foreclosure, levy or attachment. View More