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. You may not sell, transfer, pledge, exchange, hypothecate, or otherwise dispose of the Restricted Stock Units during the Restriction Period.
Transferability. You may not sell, transfer, pledge, exchange, hypothecate, or otherwise dispose of the any unvested Restricted Stock Units during the Restriction Period. Units.
Transferability. (a) The Option may be transferred by will or by the laws of descent and distribution, and by instrument to an inter vivos or testamentary trust in which the Option is to be passed to beneficiaries upon the death of the trustor (settlor), or by gift to "immediate family" as that term is defined in 17 C.F.R. 240.16a-1(e), and may not be made subject to execution, attachment or similar process. During the lifetime of Optionee the Option will be exercisable only by Optionee or Optionee's legal repre...sentative and any elections with respect to the Option may be made only by Optionee or Optionee's legal representative. (b) In order to transfer this Option, Optionee must notify the Company in the form of a "Notice of Transfer of Nonqualified Stock Option" (which form may be obtained from the Committee) of such transfer and include the name, address and social security number of the transferee, as well as the relationship of the transferee to Optionee.View More
Transferability. (a) The Option may be transferred by will or by the laws of descent and distribution, and by instrument to an inter vivos or testamentary trust in which the Option is to be passed to beneficiaries upon the death of the trustor (settlor), or by gift to "immediate family" as that term is defined in 17 C.F.R. 240.16a-1(e), and may not be made subject to execution, attachment or similar process. During the lifetime of Optionee the Option will be exercisable only by Optionee or Optionee's legal repre...sentative and any elections with respect to the Option may be made only by Optionee or Optionee's legal representative. (b) In order to transfer this Option, Optionee must notify the Company in the form of a "Notice of Transfer of Nonqualified Stock Option" (which form may be obtained from the Committee) of such transfer and include the name, address and social security number of the transferee, as well as the relationship of the transferee to Optionee. 2 6. Forfeiture of Option Upon Termination of Employment. Unless otherwise provided for in this Agreement, the Option, to the extent not yet exercised or vested, shall be forfeited immediately upon Optionee's termination of employment with the Company or any of its subsidiaries. View More
Transferability. The Restricted Share Units may not be transferred, assigned, pledged or hypothecated in any manner, or be subject to execution, attachment or similar process, by operation of law or otherwise, unless otherwise provided under the Plan. Any purported transfer or encumbrance in violation of the provisions of this Section 5 shall be void, and the other party to any such purported transaction shall not obtain any rights to or interest in such Restricted Share Units. 2 6. Dividend, Voting and Other Ri...ghts. The Grantee shall not possess any incidents of ownership (including, without limitation, dividend and voting rights) in the Shares underlying the Restricted Share Units until such Shares have been delivered to the Grantee in accordance with Section 4 hereof. The obligations of the Company under this Agreement will be merely that of an unfunded and unsecured promise of the Company to deliver Shares in the future, and the rights of the Grantee will be no greater than that of an unsecured general creditor. No assets of the Company will be held or set aside as security for the obligations of the Company under this Agreement.View More
Transferability. The Restricted Share Units may not be transferred, assigned, pledged or hypothecated transferred and shall not be subject in any manner, manner to assignment, alienation, pledge, encumbrance or be subject to execution, attachment charge, until all restrictions are removed or similar process, by operation of law or otherwise, have expired, unless otherwise provided under the Plan. Any purported transfer Transfer or encumbrance in violation of the provisions of this Section 5 shall be void, and th...e other party to any such purported transaction shall not obtain any rights to or interest in such Restricted Share Units. 2 6. Dividend, Voting and Other Rights. The Grantee shall will not possess have any incidents rights of ownership (including, without limitation, dividend and voting rights) in a shareholder of the Shares underlying Company with respect to the Restricted Share Units until such Shares have been delivered to the Grantee in accordance with Section 4 hereof. delivery of the underlying Shares. The obligations of the Company under this Agreement will be merely that of an unfunded and unsecured promise of the Company to deliver Shares in the future, and the rights of the Grantee will be no greater than that of an unsecured general creditor. No assets of the Company will be held or set aside as security for the obligations of the Company under this Agreement. View More
Transferability. The Option is not transferable by the Participant other than by will or the laws of descent and distribution. No assignment, pledge or transfer of the Option, or of the rights represented thereby, whether voluntary or involuntary, by operation of law or otherwise, except as described above, shall be effective; but immediately upon any such attempt to assign, pledge or transfer the Option, the Option shall terminate and be of no further force or effect.
Transferability. The Option is Except as otherwise permitted under the Plan, the SARs are not transferable by the Participant other than by will or the laws of descent and distribution. No assignment, pledge or transfer of the Option, SARs, or of the rights represented thereby, whether voluntary or involuntary, by operation of law or otherwise, except as described above, shall be effective; but immediately upon any such attempt to assign, pledge or transfer the Option, SARs, the Option SARs shall terminate and b...e of no further force or effect. View More
Transferability. Shares of Restricted Stock which have not vested may not be sold, assigned, transferred, pledged, or otherwise disposed of under any circumstances during the applicable Restricted Period, except that such shares may be transferred to a Permitted Transferee who agrees in writing (in a form satisfactory to the Company and its counsel) to be bound by this Agreement to the same extent as the Participant, and any such transferred shares shall continue to be subject to forfeiture upon the Participant'...s termination of service under the Consulting Agreement as provided herein. The Restricted Stock shall not be subject to execution, attachment or similar process during the applicable Restricted Period. Upon any attempt to transfer, assign, pledge, or otherwise dispose of the Restricted Stock during the applicable Restricted Period contrary to the provisions of the Plan or this Agreement, or upon the levy of any attachment or similar process upon the Restricted Stock during the applicable Restricted Period, the Restricted Stock shall immediately be forfeited to the Company and cease to be outstanding.View More
Transferability. Shares of Restricted Stock which have not vested may not be sold, assigned, transferred, pledged, or otherwise disposed of under any circumstances during the applicable Restricted Period, except that such shares may be transferred to a Permitted Transferee who agrees in writing (in a form satisfactory to the Company and its counsel) to be bound by this Agreement to the same extent as the Participant, and any such transferred shares shall continue to be subject to forfeiture upon the Participant'...s termination of service under the Consulting Agreement as provided herein. Participant. The Restricted Stock shall not be subject to execution, attachment or similar process during the applicable Restricted Period. Upon any attempt to transfer, assign, pledge, or otherwise dispose of the Restricted Stock during the applicable Restricted Period contrary to the provisions of the Plan or this Agreement, or upon the levy of any attachment or similar process upon the Restricted Stock during the applicable Restricted Period, the Restricted Stock shall immediately be forfeited to the Company and cease to be outstanding. View More
Transferability. The Award (and the underlying Shares (and related dividend equivalents)) may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other than by will or by the laws of descent and distribution, and any purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance not permitted by this Section 12 shall be void and unenforceable. However, any Shares (and related dividend equivalents) which vest hereunder but otherwise re...main unissued at the time of the Participant's death, shall be issued to the Participant's designated beneficiary or beneficiaries of this Award or in the absence of such designated beneficiaries, pursuant to the provisions of the Participant's will or laws of descent and distribution.View More
Transferability. The Award Restricted Stock Units (and the underlying Shares (and and related dividend equivalents)) equivalents) may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other than by will or by the laws of descent and distribution, and any purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance not permitted by this Section 12 Paragraph 11 shall be void and unenforceable. However, any Shares (and related divide...nd equivalents) which vest hereunder but otherwise remain unissued at the time of the Participant's death, shall be issued to the Participant's designated beneficiary or beneficiaries of this Award or in the absence of such designated beneficiaries, pursuant to the provisions of the Participant's will or laws of descent and distribution. View More
Transferability. Unless determined otherwise by the Administrator, Awards may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or the laws of descent and distribution, and may be exercised, during the lifetime of the Participant, only by the Participant. If the Administrator in its sole discretion makes an Award transferable, such Award may only be transferred (i) by will, (ii) by the laws of descent and distribution, or (iii) to family members (within th...e meaning of Rule 701 of the Securities Act) through gifts or domestic relations orders, as permitted by Rule 701 of the Securities Act.View More
Transferability. Unless determined otherwise by the Administrator, Awards may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or the laws of descent and distribution, and may be exercised, during the lifetime of the Participant, only by the Participant. If the Administrator in its sole discretion makes an Award transferable, such Award may only be transferred (i) by will, (ii) by the laws of descent and distribution, (iii) or (iii) to family members (wit...hin the meaning of Rule 701 of the Securities Act) through gifts or domestic relations orders, as permitted by Rule 701 of the Securities Act. View More
Transferability. Subject to Section 16.1, Awards granted under the Plan, and any interest therein, shall not be transferable or assignable by the 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 consistent with the specific Plan and Award Agreement provisions relating thereto. During the lifetime of the Participant an Award shall be exercisable only by the Participant, and any elections with respect to an... Award, may be made only by the Participant.View More
Transferability. Subject to Section 16.1, Awards Options granted under the Plan, and any interest therein, shall not be transferable or assignable by the 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 consistent with the specific Plan and Award Option Agreement provisions relating thereto. During the lifetime of the Participant an Award shall Option may be exercisable only by the Participant, and any el...ections with respect to an Award, any Option may be made only by the Participant. View More
Transferability. Your Option is not transferable, except (a) by will or by the laws of descent and distribution, (b) pursuant to a domestic relations order and (c) with the prior written approval of the Company, by instrument to an inter vivos or testamentary trust, in a form accepted by the Company, in which your Option is to be passed to beneficiaries upon the death of the trust (or settlor).
Transferability. Your Option is not transferable, except (a) (i) by will or by the laws of descent and distribution, (b) (ii) pursuant to a domestic relations order and (c) (iii) with the prior written approval of the Company, by instrument to an inter vivos or testamentary trust, in a form accepted by the Company, in which your Option is to be passed to beneficiaries upon the death of the trust (or settlor). or (settlor).
Transferability. The Investor agrees not to transfer or assign this Agreement, or any of the Investor's interest in this Agreement, and further agrees that any assignment or transfer of the Shares shall be made only in accordance with applicable securities laws and that an appropriate legend with respect thereto may be placed by the Company on any certificate evidencing such Shares.
Transferability. The Investor agrees not to transfer or assign this Agreement, or any of the Investor's interest in this Agreement, and further agrees that any assignment or transfer of the Shares shall be made only in accordance with applicable securities laws and that an appropriate legend with respect thereto may be placed by the Company on any certificate evidencing such Shares. - 4- Exhibit 10.20 7. Revocation. The Investor agrees that he or she shall not cancel, terminate or revoke this Agreement.
