Common use of Non-Transferability Clause in Contracts

Non-Transferability. Neither this Award nor any rights under this Award Agreement may be assigned, transferred, or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, will be void and of no effect.

Appears in 16 contracts

Sources: Restricted Stock Unit Agreement (Pinnacle West Capital Corp), Performance Share Agreement (Pinnacle West Capital Corp), Restricted Stock Unit Agreement (Pinnacle West Capital Corp)

Non-Transferability. Neither this Award nor any rights under Except as otherwise provided in this Award Agreement or the Plan, the Award may not be transferred, assigned, transferredpledged or hypothecated in any manner, or in any manner encumbered except be subject to execution, attachment or similar process, by operation of law or otherwise, other than by will or the laws of descent and distribution. Any purported transfer or encumbrance in violation of the provisions of this Section 8 shall be void, and the other party to any attempted assignment, transfer, mortgage, pledge such purported transaction shall not obtain any rights to or encumbrance except as herein authorized, will be void and of no effectinterest in the Award.

Appears in 14 contracts

Sources: Cash Performance Shares Award Agreement (Keycorp /New/), Restricted Stock Unit Award Agreement (Keycorp /New/), Restricted Stock Unit Award Agreement (Keycorp /New/)

Non-Transferability. Neither this Award nor any rights under this Award Agreement may be assigned, transferred, or in any manner encumbered except by will or as provided in the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, will be void and of no effectPlan.

Appears in 13 contracts

Sources: Performance Share Award Agreement (Arizona Public Service Co), Performance Share Award Agreement (Arizona Public Service Co), Performance Share Award Agreement (Arizona Public Service Co)

Non-Transferability. Neither this Award award nor any rights under this Award Agreement may be assigned, transferred, or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, will be void and of no effect.

Appears in 8 contracts

Sources: Performance Share Award Agreement (Express Scripts Inc), Performance Share Award Agreement (Express Scripts Inc), Performance Share Award Agreement (Express Scripts Inc)

Non-Transferability. Neither this the Award hereby granted nor any rights thereunder or under this Award Agreement may be assigned, transferred, transferred or in any manner encumbered by Awardee except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, will shall be void and of no effect.

Appears in 7 contracts

Sources: Restricted Stock Agreement (Butler National Corp), Restricted Stock Agreement (Saia Inc), Restricted Stock Agreement (Saia Inc)

Non-Transferability. Neither this Award award nor any rights under this Award Agreement may be assigned, transferred, or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance encumbrance, except as herein authorized, will be void and of no effect.

Appears in 6 contracts

Sources: Deferred Stock Award Agreement, Performance Contingent Restricted Stock Agreement (Reinsurance Group of America Inc), Deferred Stock Award Agreement (Point Blank Solutions, Inc.)

Non-Transferability. Neither this Award nor any rights under this Award Agreement may be assigned, transferred, or in any manner encumbered except by will or as permitted under the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, will be void and of no effectPlan.

Appears in 6 contracts

Sources: Cash Performance Award Agreement (Red Robin Gourmet Burgers Inc), Cash Performance Award Agreement (Red Robin Gourmet Burgers Inc), Performance Stock Unit Award Agreement (Red Robin Gourmet Burgers Inc)

Non-Transferability. Neither this the Award hereby granted nor any rights thereunder or under this Award Agreement may be assigned, transferred, transferred or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, will shall be void and of no effect.

Appears in 4 contracts

Sources: Restricted Stock Agreement (Saia Inc), Restricted Stock Agreement (Butler National Corp), Restricted Stock Agreement (Saia Inc)

Non-Transferability. Neither this Award the award nor any rights under this Award Agreement may be assigned, transferred, or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, will be void and of no effect.

Appears in 4 contracts

Sources: Performance Share Award Agreement (Sigma Aldrich Corp), Performance Share Award Agreement (Sigma Aldrich Corp), Performance Share Award Agreement (Sigma Aldrich Corp)

Non-Transferability. Neither this Award award nor any rights under this Award Agreement may be assigned, transferred, transferred or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, will be void and of no effect.

Appears in 2 contracts

Sources: Stock Ownership Incentive Agreement (Pinnacle West Capital Corp), Stock Ownership Incentive Agreement (Pinnacle West Capital Corp)

Non-Transferability. Neither this Award nor any rights under Except as otherwise provided in this Award Agreement or the Plan, the Award may not be transferred, assigned, transferredpledged or hypothecated in any manner, or in any manner encumbered except be subject to execution, attachment or similar process, by operation of law or otherwise, other than by will or the laws of descent and distribution. Any purported transfer or encumbrance in violation of the provisions of this Section 7 shall be void, and the other party to any attempted assignment, transfer, mortgage, pledge such purported transaction shall not obtain any rights to or encumbrance except as herein authorized, will be void and of no effectinterest in the Award.

Appears in 2 contracts

Sources: Stock Option Award Agreement (Keycorp /New/), Stock Option Award Agreement (Keycorp /New/)

Non-Transferability. Neither this Award nor any rights under this Award Agreement may be assigned, transferred, or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance encumbrance, except as herein authorized, will be void and of no effect.

Appears in 2 contracts

Sources: Restricted Stock Agreement (Arizona Public Service Co), Restricted Stock Agreement (Arizona Public Service Co)

Non-Transferability. Neither this Award nor any No rights under this Award Agreement may be assigned, transferred, or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance encumbrance, except as herein authorized, will be void and of no effect.

Appears in 2 contracts

Sources: Restricted Stock Unit Agreement (Reis, Inc.), Restricted Stock Unit Agreement (Reis, Inc.)

Non-Transferability. Neither this Award the award nor any rights under this Award Agreement or the Letter may be assigned, transferred, or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, will be void and of no effect.

Appears in 2 contracts

Sources: Performance Share Award Agreement (Sigma Aldrich Corp), Performance Share Award Agreement (Sigma Aldrich Corp)

Non-Transferability. Neither this the Award hereby granted nor any rights thereunder or under this Award Agreement may be assigned, transferred, mortgaged, pledged or in any manner encumbered by Awardee except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, will shall be void and of no effect.

Appears in 2 contracts

Sources: Restricted Stock Agreement (Saia Inc), Restricted Stock Agreement (Saia Inc)

Non-Transferability. The Company may assign this Agreement without restriction. Neither this the Award hereby granted nor any rights thereunder or under this Award Agreement may be assigned, transferred, transferred or in any manner encumbered by Awardee except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance by Awardee except as herein authorized, will shall be void and of no effect.

Appears in 1 contract

Sources: Restricted Stock Agreement (Saia Inc)

Non-Transferability. Neither this Award nor any rights under this Award Agreement may be assigned, transferred, or in any manner encumbered except by will or as permitted under the laws of descent and distribution, and any attempted Plan. Any purported assignment, transferalienation, mortgagepledge, pledge attachment, sale, transfer or other encumbrance except as herein authorizedof this Award that does not satisfy the requirements of this Award Agreement and the Plan shall, will prior to the payment or forfeiture of this Award, be void and of no effectunenforceable against the Company.

Appears in 1 contract

Sources: Cash Performance Award Agreement (Red Robin Gourmet Burgers Inc)

Non-Transferability. Neither this Award nor any rights under this Award Agreement may be assigned, transferred, or in any manner encumbered except by will or the laws of descent and distributionencumbered, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, will be void and of no effect.

Appears in 1 contract

Sources: Performance Award Agreement (Dynacq Healthcare Inc)

Non-Transferability. Neither this the Award nor any rights under this Award Agreement or the Compensation Statement may be assigned, transferred, transferred or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, will be void and of no effect.

Appears in 1 contract

Sources: Performance Share Award Agreement (Sigma Aldrich Corp)

Non-Transferability. Neither this Award nor right to any rights under this Award Agreement Payment pursuant to the Award may be transferred, assigned, transferred, pledged or hypothecated in any manner encumbered except manner, other than by will or by the laws of descent and distribution, and any attempted assignmentwill not be subject to execution, transfer, mortgage, pledge attachment or encumbrance except as herein authorized, will be void and of no effectsimilar process.

Appears in 1 contract

Sources: Long Term Incentive Plan Award Agreement (Nuvera Communications, Inc.)