Transferability Clause Example from Business Contracts
This example Transferability clause appears in 2 contracts from 1 company
Transferability. Unless otherwise determined or approved by the Administrator, no Deferred Units or Retention Units may be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other than by will or by the laws of descent and distribution, and any purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance not permitted by this Section 11 shall be void and unenforceable against the Company or any Affiliate.
Found in
Blackstone Group L.P. contract
Blackstone Group L.P. Contracts
Form of Deferred Holdings Unit Agreement under The Blackstone Group Inc. 2007 Equity Incentive Plan (2019) (Filed With SEC on February 28, 2020)
Form of Deferred Holdings Unit Agreement under The Blackstone Group Inc. 2007 Equity Incentive Plan (2020) (Filed With SEC on February 28, 2020)
