Nontransferability of Units. The Units granted under this Agreement shall be transferable only to the extent permitted under the 2015 LTIP. Any attempted assignment, transfer, pledge, hypothecation or other disposition of the Units contrary to the provisions of the 2015 LTIP, or the levy of any execution, attachment or similar process upon the Units, shall be null and void and without effect.
Appears in 1 contract
Sources: Restricted Stock Unit Award Agreement (Rave Restaurant Group, Inc.)
Nontransferability of Units. The Units granted under this Agreement shall be transferable only to the extent permitted under the 2015 LTIP. Any attempted assignment, transfer, pledge, hypothecation or other disposition of the Units contrary to the provisions of the 2015 LTIP, or the levy of any execution, attachment or similar process upon the UnitsUnits , shall be null and void and without effect.
Appears in 1 contract
Sources: Restricted Stock Unit Award Agreement (Hallmark Financial Services Inc)
Nontransferability of Units. The Units granted under this Agreement shall be transferable only to the extent permitted under the 2015 2005 LTIP. Any attempted assignment, transfer, pledge, hypothecation or other disposition of the Units contrary to the provisions of the 2015 2005 LTIP, or the levy of any execution, attachment or similar process upon the UnitsUnits , shall be null and void and without effect.
Appears in 1 contract
Sources: Restricted Stock Unit Award Agreement (Hallmark Financial Services Inc)