Transferability Clause Example with 80 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. Neither contributions credited to a participant's account nor any rights with regard to the exercise of an option or to receive shares under the Plan may be assigned, transferred, pledged or otherwise disposed of in any way (other than by will, the laws of descent and distribution or as provided in Section 14 hereof) by the participant. Any such attempt at assignment, transfer, pledge or other disposition shall be without effect, except that the Company may treat such act as an election to withd...raw funds in accordance with Section 10. View More
Found in QUANTUM CORP contract

Variations of a "Transferability" Clause from Business Contracts

Transferability. Neither contributions payroll deductions credited to a participant's account nor any rights with regard to the exercise of an option or to receive shares of Common Stock under the Plan may be assigned, transferred, pledged or otherwise disposed of in any way (other than by will, the laws of descent and distribution or as provided in Section 14 15 hereof) by the participant. Any such {01368/0003/00217498.1} -9- attempt at assignment, transfer, pledge or other disposition shall will be without eff...ect, except that the Company may treat such act as an election to withdraw funds from an Offering Period in accordance with Section 10 hereof. View More
Found in Genprex, Inc. contract
Transferability. Neither contributions Contributions credited to a participant's Participant's account nor any rights with regard to the exercise of an option or to receive shares of Common Stock under the Plan may be assigned, transferred, pledged or otherwise disposed of in any way (other than by will, the laws of descent and distribution or as provided in Section 14 15 hereof) by the participant. Participant. Any such attempt at assignment, transfer, pledge or other disposition shall will be without effect, e...xcept that the Company may treat such act as an election to withdraw funds from an Offering Period in accordance with Section 10 hereof. -10- 17. Use of Funds. The Company may use all Contributions received or held by it under the Plan for any corporate purpose, and the Company will not be obligated to segregate such Contributions except under Offerings or for Participants in the Non-423 Component for which Applicable Laws require that Contributions to the Plan by Participants be segregated from the Company's general corporate funds and/or deposited with an independent third party. Until shares of Common Stock are issued, Participants will have only the rights of an unsecured creditor with respect to such shares. View More
Found in Pulse Biosciences, Inc. contract
Transferability. Neither contributions Contributions credited to a participant's Participant's account nor any rights with regard to the exercise of an option or to receive shares of Common Stock under the Plan may be assigned, transferred, pledged or otherwise disposed of in any way (other than by will, the laws of descent and distribution or as provided in Section 14 15 hereof) by the participant. Participant. Any such attempt at assignment, transfer, pledge or other disposition shall will be without effect, e...xcept that the Company may treat such act as an election to withdraw funds from an Offering Period in accordance with Section 10 hereof. 17. Use of Funds. The Company may use all Contributions received or held by it under the Plan for any corporate purpose, and the Company will not be obligated to segregate such Contributions except under Offerings or for Participants in the Non-423 Component for which Applicable Laws require that Contributions to the Plan by Participants be segregated from the Company's general corporate funds and/or deposited with an independent third party. Until shares of Common Stock are issued, Participants will have only the rights of an unsecured creditor with respect to such shares. View More
Found in 5 Contracts from 4 Companies
Transferability. Neither contributions payroll deductions credited to a participant's account nor any rights with regard to the exercise of an option or to receive shares under the Plan may be assigned, transferred, pledged or otherwise disposed of in any way (other than by will, the laws of descent and distribution or as provided in Section 14 15 hereof) by the participant. Any such attempt at assignment, transfer, pledge or other disposition shall be without effect, except that the Company may treat such act a...s an election to withdraw funds from an Offering Period in accordance with Section 10 hereof. 5 17. Use of Funds. All payroll deductions received or held by the Company under the Plan may be used by the Company for any corporate purpose, and the Company shall not be obligated to segregate such payroll deductions. View More
Found in Incyte contract
Transferability. Neither contributions payroll deductions (or contributions) credited to a participant's account nor any rights with regard to the exercise of an option or to receive shares under the Plan may be assigned, transferred, pledged or otherwise disposed of in any way (other than by will, the laws of descent and distribution or as provided in Section 14 hereof) paragraph 15 by the participant. participant). Any such attempt at assignment, transfer, pledge or other disposition shall be without effect, e...xcept that the Company may treat such act as an election to withdraw funds from an Offering Period in accordance with Section 10. paragraph 11. View More
Found in 2 Contracts from SmileDirectClub, Inc.
Transferability. Neither Payroll deductions, contributions credited to a participant's Participant's account nor and any rights with regard to the exercise purchase of an option Shares pursuant to a purchase right or to receive shares Shares under the Plan may not be assigned, transferred, pledged alienated, pledged, attached, sold or otherwise disposed of in any way (other than by will, the laws of descent and distribution or as provided in Section 14 hereof) 17) by the participant. Participant. Any such attemp...t at assignment, transfer, pledge or other disposition shall be without effect, except that the Company may treat such act as an election Offering to withdraw funds from an Offering Period in accordance with Section 10. View More
Found in Jacobs Engineering Group contract
Transferability. Neither contributions Payroll deductions credited to a participant's Participant's account nor and any rights with regard to the exercise purchase of an option Shares pursuant to a purchase right or to receive shares Shares under the Plan may not be assigned, transferred, pledged alienated, pledged, attached, sold or otherwise disposed of in any way (other than by will, the laws of descent and distribution or as provided in Section 14 hereof) 17) by the participant. Participant. Any such attempt... at assignment, transfer, pledge or other disposition shall be without effect, except that the Company Committee may treat such act as an election to withdraw funds from an Offering Period in accordance with Section 10. View More
Found in Physicians Realty Trust contract
Transferability. Neither contributions payroll deductions credited to a participant's account Participant's Contribution Account nor any rights with regard to the exercise of an option or to receive shares of Common Stock under the Plan may be assigned, transferred, pledged or otherwise disposed of in any way (other than by will, will or the laws of descent and distribution or as provided in Section 14 hereof) distribution) by the participant. Participant. Any such attempt at assignment, transfer, pledge or othe...r disposition shall be without effect, except that the Company may treat such act as an election to withdraw funds in accordance with Section 10. effect. View More
Found in 2 Contracts from RUSH ENTERPRISES INC
Transferability. Neither contributions payroll deductions credited to a participant's an employee's account nor any rights with regard to the exercise of an option or to receive shares stock under the Plan may be assigned, transferred, pledged pledged, or otherwise disposed of in any way (other than by will, the laws of descent and distribution or as provided in Section 14 hereof) by the participant. employee. Any such attempt at attempted assignment, transfer, pledge pledge, or other disposition shall be withou...t effect, except that the Company may treat such act as an election to withdraw funds in accordance with Section 10. View More
Found in 2 Contracts from Hologic
Transferability. Neither contributions payroll deductions credited to a participant's account nor any rights with regard to the exercise of an option or to receive shares under the Plan may be assigned, transferred, pledged or otherwise disposed of in any way (other than by will, will or the laws of descent and distribution or as provided in Section 14 hereof) distribution) by the participant. Any such attempt at assignment, transfer, pledge or other disposition shall be without effect, except that the Company m...ay treat such act as an election to withdraw funds in accordance with Section 10. effect. View More
Found in Jabil Circuit Inc contract