Common use of Award and Interests Not Transferable Clause in Contracts

Award and Interests Not Transferable. This Award and the rights and privileges conferred hereby, including the RSUs awarded hereunder, shall not be transferable or assignable by the Grantee and may not be made subject to execution, attachment, or similar process, otherwise than by will or the laws of decent and distribution.

Appears in 2 contracts

Sources: Restricted Stock Unit Award Agreement (DG FastChannel, Inc), Restricted Stock Unit Award Agreement (DG FastChannel, Inc)