Transferability Contract Clauses (8,796)

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. Neither the PSUs granted hereby nor any interest therein shall be transferable prior to payment other than by the laws of descent and distribution.
Transferability. Neither the PSUs Award granted hereby nor any interest therein shall be transferable prior to payment other than by the laws of descent and distribution.
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Transferability. The Holder may transfer RSUs prior to vesting, during his or her lifetime (a) to one or more members of such Holder's family, (b) to one or more trusts for the benefit of one or more of such Holder's family, or (c) to a partnership or partnerships of members of such Holder's family, provided that no consideration is paid for the transfer and that the transfer would not result in the loss of any exemption under Rule 16b-3 of the Exchange Act with respect to the RSUs. The RSUs are also... transferable by will or the laws of descent and distribution or pursuant to a qualified domestic relations order (as defined in the Code or the Employee Retirement Income Security Act of 1974, as amended). The transferee of any RSUs will be subject to all restrictions, terms, and conditions applicable to the RSUs. View More Arrow
Transferability. The Holder may transfer RSUs prior to vesting, during his or her lifetime (a) to one or more members of such Holder's family, (b) to one or more trusts for the benefit of one or more of such Holder's family, or (c) to a partnership or partnerships of members of such Holder's family, provided that no consideration is paid for the transfer and that the transfer would not result in the loss of any exemption under Rule 16b-3 of the Exchange Act with respect to the RSUs. The RSUs are also... transferable by will or the laws of descent and distribution or pursuant to a qualified domestic relations order (as defined in the Code or the Employee Retirement Income Security Act of 1974, as amended). distribution. The transferee of any RSUs will be subject to all restrictions, terms, and conditions applicable to the RSUs. View More Arrow
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Transferability. Except as permitted by the Committee, Awards granted under this Plan, and any interest therein, will not be transferable or assignable by Participant, other than by will or by the laws of descent and distribution, and, with respect to NQSOs, by instrument to an inter vivos or testamentary trust in which the Options are 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 the Participant an Award will be exercisable only by the Participant or Participant's legal representative and any elections with respect to an Award may be made only by the Participant or Participant's legal representative. View More Arrow
Transferability. Except Subject to Sections 16.1 and 16.2 hereof, except as permitted by the Committee, Awards granted under this Plan, and any interest therein, will not be transferable or assignable by the Participant, other than by will or by the laws of descent and distribution, and, with respect to NQSOs, by instrument to an inter vivos or testamentary trust in which the Options options are 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 the Participant Participant, an Award will be exercisable only by the Participant or the Participant's legal representative and any elections with respect to an Award may be made only by the Participant or the Participant's legal representative. View More Arrow
Transferability. Except as permitted by the Committee, Awards granted under this Plan, and any interest therein, will not be transferable or assignable by Participant, other than by will or by the laws of descent and distribution, and, with respect to NQSOs, by instrument to an inter vivos or testamentary trust in which the Options options are to be passed to beneficiaries upon the 8 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 the Participant an Award will be exercisable only by the Participant or Participant's legal representative and any elections with respect to an Award may be made only by the Participant or Participant's legal representative. For the avoidance of doubt, the prohibition against assignment and transfer applies to an Option and the shares to be issued on exercise of an Option, and shall be understood to include, without limitation, a prohibition against any pledge, hypothecation, or other transfer, including any short position, any "put equivalent position" or any "call equivalent position" (in each case, as defined in Rule 16a-1 promulgated under the Exchange Act). During the lifetime of the Participant an Award will be exercisable only by the Participant or Participant's legal representative and any elections with respect to an Award may be made only by the Participant or Participant's legal representative. The terms of an Option shall be binding upon the executor, administrator, successors and assigns of the Participant who is a party thereto. View More Arrow
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Transferability. You may not transfer the Option in any manner other than by will or by the laws of descent and distribution and the Option may be exercised during your lifetime only by you.
Transferability. You (a) The Option may not transfer the Option be transferred in any manner other than by will or by the laws of descent and or distribution and the Option may be exercised during your lifetime only by you.
Transferability. You The Option may not transfer the Option be transferred in any manner other than by will or by the laws of descent and or distribution and the Option may be exercised during your lifetime only by you.
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Transferability. (a) Except as provided in Section 4(e) of the Plan, your Option is not transferable, except to your personal representative on your death, and is exercisable during your life only by you or by your personal representative after your death. (b) If you are an Officer of the Company on the date your Option is granted to you, the provisions of this Section 6(b) are applicable to you. Any Ordinary Shares issued to you upon exercise of your Option may not be transferred, sold or otherwise disposed of... by you within the one (1) year period that commences on the date the shares are issued to you (the "Holding Period"); provided that nothing in this Section 6(b) shall prohibit the disposition of Ordinary Shares in connection with a Change in Control or the withholding of shares that would otherwise be issued pursuant to exercise of the option in satisfaction of applicable withholding taxes. After the Holding Period has expired, you are free to assign, hypothecate, donate, encumber or otherwise dispose of any interest in such issued Ordinary Shares provided that any such actions are in compliance with the provisions herein, any applicable Company policies (including, but not limited to, insider trading and window period policies) and applicable securities laws. View More Arrow
Transferability. (a) Except as otherwise provided in Section 4(e) of the Plan, your Option RSU Award is not transferable, except to your personal representative on your death, and is exercisable during your life only by you will or by your personal representative after your death. the applicable laws of descent and distribution, (b) If you are an Officer of the Company on the date your Option RSU Award is granted to you, the provisions of this Section 6(b) 7(b) are applicable to you. Any Ordinary Shares issued... to you upon exercise in settlement of your Option RSU Award may not be transferred, sold or otherwise disposed of by you within the one (1) year period that commences on the date the shares are issued to you (the "Holding Period"); provided that nothing in this Section 6(b) shall prohibit the disposition of Ordinary Shares in connection with a Change in Control or the withholding of shares that would otherwise be issued pursuant to exercise you in connection with settlement of the option in satisfaction of your vested RSU Award to satisfy applicable withholding taxes. After the Holding Period has expired, you are free to assign, hypothecate, donate, encumber or otherwise dispose of any interest in such issued Ordinary Shares provided that any such actions are in compliance with the provisions herein, any applicable Company policies (including, but not limited to, insider trading and window period policies) and applicable securities laws. View More Arrow
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Transferability. (a) The Restricted Stock Units are not transferable and may not be sold, assigned, transferred, disposed of, pledged or otherwise encumbered by the Participant, other than by will or the laws of descent and distribution. Upon such transfer (by will or the laws of descent and distribution), such transferee in interest shall take the rights granted herein subject to all the terms and conditions hereof. (b) Subject to Section 6(a) hereof, in order to comply with any applicable securities laws, the... Participant agrees that the Shares issued to the Participant with respect to vested Restricted Stock Units shall only be sold by the Participant following registration of such Shares under the Securities Act of 1933, as amended, or pursuant to an exemption therefrom. View More Arrow
Transferability. (a) The Restricted Stock Units are not transferable and may not be sold, assigned, transferred, disposed of, pledged or otherwise encumbered by the Participant, other than by will or the laws of descent and distribution. Upon such transfer (by will or the laws of descent and distribution), such transferee in interest shall take the rights granted herein subject to all the terms and conditions hereof. [Annual Non-Employee RSU Award] (b) Subject to Section 6(a) hereof, in order to comply with any... applicable securities laws, the Participant agrees that the Shares issued to the Participant with respect to vested Restricted Stock Units shall only be sold by the Participant following registration of such Shares under the Securities Act of 1933, as amended, or pursuant to an exemption therefrom. View More Arrow
Transferability. (a) The At any time prior to becoming vested, the Restricted Stock Units are not transferable and may not be sold, assigned, transferred, disposed of, pledged or otherwise encumbered by the Participant, Director, other than by will or the laws of descent and distribution. Upon such transfer (by will or the laws of descent and distribution), such transferee in interest shall take the rights granted herein subject to all the terms and conditions hereof. (b) Subject (b)Subject to Section 6(a) 5(a)... hereof, in order to comply with any applicable securities laws, the Participant agrees that the Shares Restricted Stock Units issued to the Participant with respect to vested Restricted Stock Units Director shall only be sold by the Participant Director following registration of such the Shares under the Securities Act of 1933, as amended, or pursuant to an exemption therefrom. View More Arrow
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Transferability. Your option is not transferable except to your personal representative on your death, and is exercisable during your life only by you, or by your personal representative after your death.
Transferability. Your option Notwithstanding any other provision of this Option Agreement or the Plan, your Option is not transferable transferable, except to your personal representative on your death, and is exercisable during your life only by you, you or by your personal representative after your death.
Transferability. Your Notwithstanding anything to the contrary in the Plan, your option is not transferable transferable, except to your personal representative on your death, and is exercisable during your life only by you, you or by your personal representative after your death.
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Transferability. The Grantee may not, except by will or by the laws of descent and distribution, assign or transfer his or her Restricted Share Units or notional Shares. The Grantee may assign or transfer, in whole or in part, Shares delivered hereunder pursuant to the Program, subject to any restrictions imposed by applicable law or the Trust's insider trading policies.
Transferability. The Grantee may not, except by will or by the laws of descent and distribution, assign or transfer his or her Restricted Share Units Base RSUs or notional Shares. The Grantee may assign or transfer, in whole or in part, Shares delivered hereunder pursuant to the Program, Plan, subject to any restrictions imposed by applicable law or the Trust's insider trading policies.
Transferability. The Grantee may not, except by will or by the laws of descent and distribution, assign or transfer his or her Restricted Performance Share Units or notional Shares. The Grantee may assign or transfer, in whole or in part, Shares delivered hereunder pursuant to the Program, subject to any restrictions imposed by applicable law or the Trust's insider trading policies. Program.
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Transferability. PBRSUs are not transferable except by will or by laws of descent and distribution. You may designate a beneficiary to receive your Award in the event of your death.
Transferability. PBRSUs RSUs are not transferable except by will or by laws of descent and distribution. You may designate a beneficiary to receive your Award in the event of your death.
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Transferability. Except as otherwise provided in the Plan, the Option may not be sold, pledged, assigned, hypothecated, transferred or disposed of in any manner, other than by will or under the laws of descent and distribution, whether by the operation of law or otherwise. An option may be exercised, during your lifetime, only by you or your legal representative. You may, however, transfer the Option, in whole or in part, to a spouse or lineal descendant (a "Family Member"), a trust for the exclusive benefit of... you and/or your Family Members, a partnership or other entity in which all the beneficial owners are you and/or your Family Members, or any other entity affiliated with you that may be approved by the Committee. Upon any attempt to do anything prohibited by this paragraph, the Option will immediately become null and void. B.PERFORMANCE-BASED RESTRICTED STOCK TERMS AND CONDITIONS 1.Restrictions. To the extent not previously forfeited as provided in Section B.2., the Restricted Shares will vest and become transferable as follows: 50% of the shares granted will vest and become transferable upon the 30th month anniversary of the Grant Date; and 50% of the shares granted will vest and become transferable upon the 60th month anniversary of Grant Date, provided that if Company operating profit (as defined under the Company's Management Incentive Plan), for the fiscal year in which this Award is granted, is less than 90% of the target operating profit under the Company's Management Incentive Plan in which you participate for such fiscal year, as certified by the Committee, all Restricted Shares granted to you pursuant to this Award will be forfeited on the date of such certification by the Committee. Restricted Shares that have not vested may not be sold, transferred, pledged, assigned or otherwise alienated or hypothecated. View More Arrow
Transferability. Except as otherwise provided in the Plan, the Option may not be sold, pledged, assigned, hypothecated, transferred or disposed of in any manner, other than by will or under the laws of descent and distribution, whether by the operation of law or otherwise. An option may be exercised, during your lifetime, only by you or your legal representative. You may, however, transfer the Option, in whole or in part, to a spouse or lineal descendant (a "Family Member"), a trust for the exclusive benefit of... you and/or your Family Members, a partnership or other entity in which all the beneficial owners are you and/or your Family Members, or any other entity affiliated with you that may be approved by the Committee. Upon any attempt to do anything prohibited by this paragraph, the Option will immediately become null and void. B.PERFORMANCE-BASED RESTRICTED B.RESTRICTED STOCK TERMS AND CONDITIONS 1.Restrictions. To the extent not previously forfeited as provided in Section B.2., the Restricted Shares will vest and become transferable as follows: 50% of the shares granted will vest and become transferable upon the 30th month anniversary of the Grant Date; and 50% of the shares granted will vest and become transferable upon the 60th month anniversary of Grant Date, provided that if Company operating profit (as defined under the Company's Management Incentive Plan), for the fiscal year in which this Award is granted, is less than 90% of the target operating profit under the Company's Management Incentive Plan in which you participate for such fiscal year, as certified by the Committee, all Restricted Shares granted to you pursuant to this Award will be forfeited on the date of such certification by the Committee. Date. Restricted Shares that have not vested may not be sold, transferred, pledged, assigned or otherwise alienated or hypothecated. View More Arrow
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