Transferability Clause Example with Variations from Business Contracts

This page contains Transferability 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.
Transferability. The RSUs subject to this Award may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered before they vest in accordance with paragraph 2. After such RSUs vest and are settled in accordance with paragraphs 2 and 4, no sale or disposition of such shares shall be made in the absence of an effective registration statement under the Securities Act with respect to such shares unless an opinion of counsel satisfactory to the Company that such sale or disposition... will not constitute a violation of the Securities Act or any other applicable securities laws is first obtained. View More Arrow

Variations of a "Transferability" Clause from Business Contracts

Transferability. The RSUs shares of Stock subject to this Stock Award may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered before they vest in accordance with paragraph 2 or 3, as applicable. After such RSUs vest and are settled Stock Award vests in accordance with paragraphs paragraph 2 and 4, or 3, as applicable, no sale or disposition of such shares shall be made in the absence of an effective registration statement under the Securities Act with respect to such... shares unless an opinion of counsel satisfactory to the Company that such sale or disposition will not constitute a violation of the Securities Act or any other applicable securities laws is first obtained. View More Arrow
Transferability. The RSUs shares of Stock subject to this Award Agreement may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered before they vest in accordance with paragraph 2. Section 3. After such RSUs vest and are settled this Stock Award vests in accordance with paragraphs 2 and 4, Section 3, no sale or disposition of such shares shall be made in the absence of an effective registration statement under the Securities Act with respect to such shares unless an opinion... of counsel satisfactory to the Company that such sale or disposition will not constitute a violation of the Securities Act or any other applicable securities laws is first obtained. View More Arrow
Transferability. The RSUs subject to this Award may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered before they vest and are settled in accordance with paragraph Sections 2 and 4. After such RSUs vest and are settled in accordance with paragraphs Sections 2 and 4, no sale or disposition of such shares shall be made in the absence of an effective registration statement under the Securities Act with respect to such shares unless an opinion of counsel satisfactory to the... Company that such sale or disposition will not constitute a violation of the Securities Act or any other applicable securities laws is first obtained. obtained or an exemption from such registration pursuant to Rule 144 under the Securities Act or otherwise is available. View More Arrow
Transferability. The RSUs subject to this Award may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered before they vest in accordance with paragraph Section 2. After such RSUs vest and are settled in accordance with paragraphs Sections 2 and 4, no sale or disposition of such shares shall be made in the absence of an effective registration statement under the Securities Exchange Act with respect to such shares unless an opinion of counsel satisfactory to the Company that... such sale or disposition will not constitute a violation of the Securities Exchange Act or any other applicable securities laws is first obtained. View More Arrow
Transferability. The RSUs subject to this Award may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered before they vest in accordance with paragraph Section 2. After such RSUs vest and are settled in accordance with paragraphs Sections 2 and 4, no sale or disposition of such shares shall be made in the absence of an effective registration statement under the Securities Act with respect to such shares unless an opinion of counsel satisfactory to the Company that such sale... or disposition will not constitute a violation of the Securities Act or any other applicable securities laws is first obtained. obtained or an exemption from such registration pursuant to Rule 144 under the Securities Act or otherwise is available. View More Arrow
Transferability. The RSUs shares of Stock subject to this Stock Award may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered before they vest in accordance with paragraph 2. After such RSUs vest and are settled Stock Award vests in accordance with paragraphs 2 and 4, paragraph 2, no sale or disposition of such shares shall be made in the absence of an effective registration statement under the Securities Act with respect to such shares unless an opinion of counsel... satisfactory to the Company that such sale or disposition will not constitute a violation of the Securities Act or any other applicable securities laws is first obtained. View More Arrow