Grouped Into 139 Collections of Similar Clauses From Business Contracts
This page contains Transferability clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Transferability. The MIP Shares, Incentive Shares, Class B Shares and Ordinary Shares awarded or issued as contemplated by this Plan shall not be transferable except as permitted under the LLC Agreement. Options shall not be transferable.
Transferability. The MIP Shares, Incentive Shares, Class B Shares and Ordinary Shares awarded or issued as contemplated by this Plan shall not be transferable except as permitted under the LLC Agreement. Options shall not be transferable.
Transferability. Except as otherwise provided in this Section 9, your option is not transferable, except by will or by the laws of descent and distribution, and is exercisable during your life only by you. (a) Certain Trusts. Upon receiving written permission from the Board or its duly authorized designee, you may transfer your option to a trust if you are considered to be the sole beneficial owner (determined under Section 671 of the Code and applicable state law) while the option is held in the trust. You and ...the trustee must enter into transfer and other agreements required by the Company.View More
Transferability. Except as otherwise provided in this Section 9, 11, your option is not transferable, except by will or by the laws of descent and distribution, and is exercisable during your life only by you. (a) Certain (a)Certain Trusts. Upon receiving written permission from the Board or its duly authorized designee, you may transfer your option to a trust if you are considered to be the sole beneficial owner (determined under Section 671 of the Code and applicable U.S. state law) law, or comparable non-U.S.... laws) while the option is held in the trust. You and the trustee must enter into transfer and other agreements required by the Company. View More
Transferability. Class A Performance LTIP Units covered by this LTIP Unit Award that have not become Vested cannot be transferred. Class A Performance LTIP Units covered by this LTIP Unit Award may be transferred, subject to the requirements of applicable securities laws, after they become Vested.
Transferability. Class A Performance LTIP Units covered by this LTIP Unit Award that have not become Vested cannot be transferred. Class A Performance LTIP Units covered by this LTIP Unit Award may be transferred, subject to the requirements of applicable securities laws, after they become Vested. 2 6. Distributions and Unitholder Rights. In consideration of the grant of this LTIP Unit Award, the Participant agrees that: (i) the Class A Performance LTIP Units cannot be voted by the Participant before the date th...at they become Vested (the "Vesting Date"); (ii) the Participant shall only be entitled, during the period prior to the Vesting Date of any Class A Performance LTIP Unit, to receive 10% of the distributions made on a common unit of limited partnership interest ("Common Unit") in Chatham OP (the "Pre-Vesting Distributions"), (iii) to the extent any of the Class A Performance Units become Vested, Chatham OP will pay to the Participant a special distribution on the Vesting Date in an amount equal to (x) the aggregate amount of distributions that would have been received on such Vested Class A Performance Unit had the limitation described in (ii) above not applied, minus (y) the aggregate amount of distributions previously received pursuant to (ii) above on all Class A Performance Units that were issued to the Participant on the date hereof, including any Class A Performance Units that did not vest on the Vesting Date; and (iv) other than the distributions described in clauses (ii) and (iii) of this sentence, no cash amount will be paid with respect to any of the Class A Performance LTIP Units that do not become Vested. The Company shall retain custody of the certificates evidencing the Class A Performance LTIP Units covered by this LTIP Unit Award (and any Units received as a dividend or distribution on this LTIP Unit Award) until the date the Class A Performance LTIP Units become Vested and the Participant hereby appoints the Company's Secretary as the Participant's attorney in fact, with full power of substitution, with the power to transfer to the Company and cancel any Class A Performance LTIP Units covered by this LTIP Unit Award that are forfeited under Paragraph 4. View More
Transferability. The RSUs issued pursuant to this Grant Agreement may not be assigned, transferred, hypothecated, or encumbered, in whole or in part, either directly or by operation of law or otherwise, including, but not limited to, by execution, levy, garnishment, attachment, pledge, bankruptcy, or in any other manner, except transfer by will or by the laws of descent and distribution. All rights with respect to the RSUs shall be exercisable during the Participant's lifetime only by the Participant or the Part...icipant's guardian or legal representative.View More
Transferability. The RSUs Deferred Shares and Earned Shares issued pursuant to this Grant Agreement may not be assigned, transferred, hypothecated, or encumbered, in whole or in part, either directly or by operation of law or otherwise, including, but not limited to, by execution, levy, garnishment, attachment, pledge, bankruptcy, or in any other manner, except transfer by will or by the laws of descent and distribution. All rights with respect to the RSUs this Award shall be exercisable during the Participant's... lifetime only by the Participant or the Participant's guardian or legal representative. View More
Transferability. Except as otherwise determined by the Committee, no Option granted under the Plan shall be transferable by a Participant other than by will or the laws of descent and distribution. Except as otherwise determined by the Committee, Options shall be exercisable during the Participant's lifetime only by him or by his guardian or legal representative.
Transferability. Except as otherwise determined by the Committee, no Option granted under the Plan shall be transferable by a Participant other than by will or the laws of descent and distribution. Except as otherwise determined by the Committee, Options shall be 6 exercisable during the Participant's lifetime only by him or by his guardian or legal representative.
Transferability. This Warrant Certificate and the Warrant may be transferred to any individual who is a partner, manager, member, officer, director, or other licensed representative of the Placement Agent. The Warrant may be divided or combined, upon request to the Company by the Warrantholder, into a certificate or certificates evidencing the same aggregate number of Warrants.
Transferability. This Warrant Certificate and the Warrant may be transferred to any individual sub-agents in the Offering as contemplated in the Placement Agent Agreement or to individuals who is a partner, manager, member, officer, director, are partners, officers, employees or other licensed representative representatives of the Placement Agent. Agent or any sub-agent. The Warrant may be divided or combined, upon request to the Company by the Warrantholder, into a certificate or certificates evidencing the sam...e aggregate number of Warrants. View More
Transferability. The Option shall not be transferable by Optionee otherwise than by last will and testament or by the laws of descent and distribution. The Option may be exercised during Optionee's lifetime only by Optionee. Without limiting the generality of the foregoing, the Option may not be assigned, transferred, pledged, or hypothecated (whether by operation of law or otherwise) and shall not be subject to execution, attachment, or similar process. Any attempted assignment, transfer, pledge, hypothecation,... or other disposition of the Option contrary to the provisions hereof, or by the levy of any attachment or similar process upon Optionee, shall be void and of no force or effect and shall result in the forfeiture of any unexercised shares subject to the Option.View More
Transferability. The Option shall is not be transferable by the Optionee otherwise other than by last will and testament or by the laws of descent and distribution. The Option may be exercised during the Optionee's lifetime only by the Optionee. Without limiting the generality of of, but subject to, the foregoing, the Option may not be assigned, transferred, alienated, pledged, attached, sold, or hypothecated (whether by operation of law otherwise transferred or otherwise) encumbered and shall not be subject to ...execution, attachment, or similar process. Any attempted assignment, transfer, alienation, pledge, hypothecation, attachment, sale, or other disposition transfer or encumbrance of the Option contrary to the provisions hereof, of this Agreement or by the levy of any attachment or similar process upon Optionee, Plan shall be void and of no force or effect and shall result in the forfeiture of any unexercised shares subject to portion of the Option. View More
Transferability. 12.1 Except as otherwise provided in this Section 12, Awards granted under this Plan, and any interest therein, will not be transferable or assignable by Participant, and may not be made subject to execution, attachment or similar process, otherwise than by will or by the laws of descent and distribution or as determined by the Committee and set forth in the Award Agreement with respect to Awards that are not ISOs. 12.2 All Awards other than NQSOs and SARs. All Awards other than NQSOs and SARs s...hall be exercisable: (i) during the Participant's lifetime, only by (A) the Participant, or (B) the Participant's guardian or legal representative; and (ii) after Participant's death, by the legal representative of the Participant's heirs or legatees. 12.3 NQSOs and SARs. Unless otherwise restricted by the Committee, a NQSO and SAR shall be exercisable: (i) during the Participant's lifetime only by (A) the Participant, (B) the Participant's guardian or legal representative, (C) a Family Member of the Participant who has acquired the NQSO or SAR by "permitted transfer;" and (ii) after Participant's death, by the legal representative of the Participant's heirs or legatees. "Permitted transfer" means, as authorized by this Plan and the Committee in a Stock Option Agreement or SAR Agreement, any transfer effected by the Participant during the Participant's lifetime of an interest in such NQSO and SAR but only such transfers which are by gift or domestic relations order. A permitted transfer does not include any transfer for value and neither of the following are transfers for value: (a) a transfer under a domestic relations order in settlement of marital property rights or (b) a transfer to an entity in which more than fifty percent of the voting interests are owned by Family Members or the Participant in exchange for an interest in that entity.View More
Transferability. 12.1 15.1General Rule. Except as otherwise provided in this Section 12, Awards granted under this Plan, 14, no Award and any no interest therein, will not shall be transferable sold, pledged, assigned, hypothecated, transferred or assignable by Participant, and may not be made subject to execution, attachment or similar process, otherwise disposed of in any manner other than by will or by the laws of descent and distribution distribution, and no Award may be made subject to execution, attachment... or as determined by the Committee and set forth in the Award Agreement with respect to similar process. 15.2All Awards that are not ISOs. 12.2 other than NQSOs. All Awards other than NQSOs and SARs. All Awards other than NQSOs and SARs shall be exercisable: (i) during the Participant's lifetime, lifetime only by (A) the Participant, or (B) the Participant's guardian or legal representative; and (ii) after the Participant's death, by the legal representative of the Participant's heirs or legatees. 12.3 NQSOs and SARs. 15.3NQSOs. Unless otherwise restricted by the Committee, a an NQSO and SAR shall be exercisable: (i) during the Participant's lifetime only by (A) the Participant, (B) the Participant's guardian or legal representative, (C) a Family Member of the Participant who has acquired the NQSO or SAR by "permitted transfer;" and (ii) after the Participant's death, by the legal representative of the Participant's heirs or legatees. "Permitted transfer" means, as authorized by this Plan and the Committee in a Stock Option Agreement or SAR Agreement, an NQSO, any transfer effected by the Participant during the Participant's lifetime of an interest in such NQSO and SAR but only such transfers which are by gift or domestic relations order. A permitted transfer does not include any transfer for value and neither of the following are transfers for value: (a) a transfer under a domestic relations order in settlement of marital property rights or (b) a transfer to an entity in which more than fifty percent of the voting interests are owned by Family Members or the Participant in exchange for an interest in that entity. View More
Transferability. The Participant's right to receive the RSUs shall not be transferable by the Participant except by will or the laws of descent and distribution.
Transferability. The Participant's right to receive the RSUs Performance Units shall not be transferable by the Participant except by will or the laws of descent and distribution.
Transferability. The option evidenced hereby is not transferable by Employee other than (i) by will or the laws of descent and distribution or (ii) to a permitted transferee in accordance with the provisions of the Plan.
Transferability. The option evidenced hereby is not transferable by Employee Director other than (i) by will or the laws of descent and distribution or (ii) to a permitted transferee Permitted Transferee in accordance with the provisions of the Plan.
