Transferability Clause Example from Business Contracts

This example Transferability clause appears in 5 contracts from 5 companies

Transferability. Neither Contributions 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 or the laws of descent and distribution) by the Participant. Any such attempt at assignment, transfer, pledge or other disposition will be without effect, except that the Company may treat such act as an election to withdraw funds from an O...ffering Period in accordance with Section 10 hereof. View More
DOMO, INC. Contracts

2018 Employee Stock Purchase (Filed With SEC on March 27, 2023)