Transferability Clause Example with 4 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 Grantee shall not transfer or assign, in whole or in part, the SAR subject to this Agreement, other than (a) by will or by the laws of descent and distribution, or (b) by designation, in a manner established by the Company, of a beneficiary or beneficiaries to exercise the rights of the Grantee and to receive any property distributable with respect to this Agreement upon the death of the Grantee upon satisfaction of the vesting conditions described in paragraph 3(a) above.

Variations of a "Transferability" Clause from Business Contracts

Transferability. The Grantee Participant shall not transfer or assign, in whole or in part, the SAR Restricted Stock subject to this Agreement, Agreement in which the Participant is not vested, other than (a) by will or by the laws of descent and distribution, or (b) by designation, in a manner established by the Company, of a beneficiary or beneficiaries to exercise the rights of the Grantee Participant and to receive any property distributable with respect to this Agreement upon the death of the Grantee Partic...ipant upon satisfaction of the vesting conditions described in paragraph 3(a) above. View More
Transferability. The Grantee shall not transfer or assign, in whole or in part, the SAR Restricted Stock subject to this Agreement, Agreement in which the Grantee is not vested, other than (a) by will or by the laws of descent and distribution, or (b) by designation, in a manner established by the Company, of a beneficiary or beneficiaries to exercise the rights of the Grantee and to receive any property distributable with respect to this Agreement upon the death of the Grantee upon satisfaction of the vesting c...onditions described in paragraph 3(a) 3 above. View More
Transferability. The Grantee shall not transfer or assign, in whole or in part, the SAR PSUs subject to this Agreement, other than (a) by will or by the laws of descent and distribution, or (b) by designation, in a manner established by the Company, of a beneficiary or beneficiaries to exercise the rights of the Grantee and to receive any property distributable with respect to this Agreement upon the death of the Grantee upon satisfaction of the vesting conditions described in paragraph 3(a) 4 above.
Transferability. The Grantee shall not transfer or assign, in whole or in part, the SAR RSUs subject to this Agreement, other than (a) by will or by the laws of descent and distribution, or (b) by designation, in a manner established by the Company, of a beneficiary or beneficiaries to exercise the rights of the Grantee and to receive any property distributable with respect to this Agreement upon the death of the Grantee upon satisfaction of the vesting conditions described in paragraph 3(a) 3 above.