Transferability Clause Example with 89 Variations from Business Contracts

Transferability. The Option Unless otherwise determined by the Committee, a Cash Award may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other otherwise than by will or by the laws of descent and distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable against the Company or any Affiliate. Affiliate; provided that the designation of a beneficiary shall not constitu...te an assignment, alienation, pledge, attachment, sale, transfer or encumbrance. View More

Transferability. The Option Unless otherwise determined by the Committee, a DRSU may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other Grantee otherwise than by will or by the laws of descent and distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable against the Company or any Affiliate. affiliate.

Transferability. The Option may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other otherwise than by will or by the laws of descent and distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable against the Company or any Affiliate. Affiliate; provided that the designation of a beneficiary shall not constitute an assignment, alienation, pledge, attachment, sale, tra...nsfer or encumbrance. During the Participant's lifetime, the Option is exercisable only by the Participant, and shall not be transferable otherwise than by will or the laws of descent and distribution. View More

Transferability. The Option PSUs may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other otherwise than by will or by the laws of descent and distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance not permitted by this Section 9 shall be void and unenforceable against the Company or any Affiliate.

Transferability. The Option This Award may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other otherwise than by will or by the laws of descent and distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance not permitted by this Section 8 shall be void and unenforceable against the Company or any Affiliate.

Transferability. The Option This Award may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other otherwise than by will or by the laws of descent and distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance not permitted by this Section 7 shall be void and unenforceable against the Company or any Affiliate.

Transferability. The Option MSUs may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other otherwise than by will or by the laws of descent and distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance not permitted by this Section 9 shall be void and unenforceable against the Company or any Affiliate.

Transferability. The Option RSUs may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other otherwise than by will or by the laws of descent and distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance not permitted by this Section 8 shall be void and unenforceable against the Company or any Affiliate.

Transferability. The Option RSUs may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other otherwise than by will or by the laws of descent and distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance not permitted by this Section 9 shall be void and unenforceable against the Company or any Affiliate.

Transferability. The Option This Award may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other otherwise than by will or by the laws of descent and distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance not permitted by this Section 5 shall be void and unenforceable against the Company or any Affiliate.