Transferability Clause Example from Business Contracts

This example Transferability clause appears in 2 contracts from 1 company

Transferability. Neither 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 5 otherwise disposed of in any way (other than by will, the laws of descent and distribution or as provided in Section 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 as an election t...o withdraw funds from an Offering Period in accordance with Section 10 hereof. View More
Found in Incyte contract
Incyte Contracts

1997 EMPLOYEE STOCK PURCHASE PLAN OF INCYTE CORPORATION (As amended on March 16, 2016) (Filed With SEC on May 27, 2016)

1997 EMPLOYEE STOCK PURCHASE PLAN OF INCYTE CORPORATION (As amended and restated effective November 5, 2014) (Filed With SEC on February 17, 2015)