Common use of Restrictions on Transfer and Pledge Clause in Contracts

Restrictions on Transfer and Pledge. No right or interest of Grantee in the Units may be pledged, encumbered, or hypothecated to or in favor of any party, or shall be subject to any lien, obligation, or liability of Grantee to any other party. The Units are not assignable or transferable by Grantee other than by shall or the laws of descent and distribution.

Appears in 7 contracts

Sources: Performance Based Restricted Stock Unit Award Agreement (FB Financial Corp), Performance Based Restricted Stock Unit Award Agreement (FB Financial Corp), Performance Based Restricted Stock Unit Award Agreement (FB Financial Corp)

Restrictions on Transfer and Pledge. No right or interest of Grantee in the Units or in any Dividend Equivalents may be pledged, encumbered, or hypothecated to or in favor of any party, or shall be made subject to any lien, obligation, or liability of Grantee to any other partyparty other than the Company or an Affiliate. The Neither the Units are not assignable nor any accumulated Dividend Equivalents may be sold, assigned, transferred or transferable otherwise disposed of by Grantee other than by shall will or the laws of descent and distribution.

Appears in 6 contracts

Sources: Performance Based Restricted Stock Unit Agreement (Rare Hospitality International Inc), Restricted Stock Unit Agreement (PSS World Medical Inc), Service Based Restricted Stock Unit Agreement (Per Se Technologies Inc)

Restrictions on Transfer and Pledge. No right or interest of Grantee in the Units may be pledged, encumbered, or hypothecated to or in favor of any party, or shall be made subject to any lien, obligation, or liability of Grantee to any other partyparty other than the Company or an Affiliate. The Units are may not assignable be sold, assigned, transferred or transferable otherwise disposed of by Grantee other than by shall will or the laws of descent and distribution.

Appears in 6 contracts

Sources: Restricted Stock Unit Award Agreement (Pier 1 Imports Inc/De), Restricted Stock Unit Award Agreement (Pier 1 Imports Inc/De), Performance Based Restricted Stock Unit Agreement (PSS World Medical Inc)

Restrictions on Transfer and Pledge. No right or interest of Grantee in the Units may be pledged, encumbered, or hypothecated to or in favor of any party, or shall be subject to any lien, obligation, or liability of Grantee to any other party. The Units are not assignable or transferable by Grantee other than by shall will or the laws of descent and distribution.

Appears in 5 contracts

Sources: Restricted Stock Unit Award Agreement (FB Financial Corp), Restricted Stock Unit Award Agreement (FB Financial Corp), Restricted Stock Unit Award Agreement (FB Financial Corp)

Restrictions on Transfer and Pledge. No right or interest of Grantee in the Units may be pledged, encumbered, or hypothecated to or in favor of any partyparty other than the Company or an affiliate, or shall be subject to any lien, obligation, or liability of Grantee to any other partyparty other than the Company or an affiliate. The Units are not assignable or transferable by Grantee other than by shall will or the laws of descent and distribution.

Appears in 4 contracts

Sources: Restricted Share Unit Award Agreement (Nucor Corp), Restricted Stock Unit Award Agreement, Restricted Stock Unit Award Agreement (Nucor Corp)

Restrictions on Transfer and Pledge. No right or interest of Grantee in the Units may be pledged, encumbered, or hypothecated to or in favor of any party, or shall be made subject to any lien, obligation, or liability of Grantee to any other partyparty other than the Company or an affiliate thereof (“Affiliate”). The Units are may not assignable be sold, assigned, transferred or transferable otherwise disposed of by Grantee other than by shall or the laws of descent and distributionGrantee.

Appears in 4 contracts

Sources: Performance Based Restricted Stock Unit Agreement (Move Inc), Performance Based Restricted Stock Unit Agreement (Move Inc), Performance Based Restricted Stock Unit Agreement (Move Inc)

Restrictions on Transfer and Pledge. No right or interest of the Grantee in the Units and Dividend Units may be pledged, encumbered, or hypothecated to or in favor of any partyparty other than the Company or an affiliate, or shall be subject to any lien, obligation, or liability of Grantee to any other party. The Units are not assignable or transferable by Grantee party other than by shall the Company or the laws of descent and distributionan affiliate.

Appears in 3 contracts

Sources: Deferred Stock Unit Agreement (Lowes Companies Inc), Deferred Stock Unit Agreement (Lowes Companies Inc), Deferred Stock Unit Agreement (Lowes Companies Inc)

Restrictions on Transfer and Pledge. No right or interest of Grantee in the Units or in any Dividend Equivalents may be pledged, encumbered, or hypothecated to or in favor of any party, or shall be made subject to any lien, obligation, or liability of Grantee to any other partyparty other than the Corporation or an Affiliate. The Neither the Units are not assignable nor any accumulated Dividend Equivalents may be sold, assigned, transferred or transferable otherwise disposed of by Grantee other than by shall will or the laws of descent and distribution.

Appears in 3 contracts

Sources: Restricted Stock Unit Agreement (Whitney Holding Corp), Performance Based Restricted Stock Unit Agreement (Whitney Holding Corp), Performance Based Restricted Stock Unit Agreement (Whitney Holding Corp)

Restrictions on Transfer and Pledge. No right or interest of Grantee in the Units may be pledged, encumbered, or hypothecated to or in favor of any partyparty other than the Company or an Affiliate, or shall be subject to any lien, obligation, or liability of Grantee to any other partyparty other than the Company or an Affiliate. The Units are not assignable or transferable by Grantee other than to a beneficiary or by shall will or the laws of descent and distribution.

Appears in 2 contracts

Sources: Performance Share Unit Award Certificate (CommScope Holding Company, Inc.), Performance Based Restricted Stock Unit Award Certificate (CatchMark Timber Trust, Inc.)

Restrictions on Transfer and Pledge. No right or interest of Grantee in the Units may be pledged, encumbered, or hypothecated to or in favor of any partyparty other than the Company or an affiliate, or shall be subject to any lien, obligation, or liability of Grantee to any other partyparty other than the Company or an affiliate. The Units are not assignable or transferable by Grantee other than by shall will or the laws of descent and distributiondistribution or pursuant to a domestic relations order that would satisfy Section 414(p)(1)(A) of the Code; but the Committee may permit other transfers.

Appears in 1 contract

Sources: Performance Restricted Stock Unit Award Agreement (Genuine Parts Co)

Restrictions on Transfer and Pledge. No right or interest of Grantee in the Units or in any Dividend Equivalents may be pledged, encumbered, or hypothecated to or in favor of any party, or shall be made subject to any lien, obligation, or liability of Grantee to any other partyparty other than the Corporation or an Affiliate. The Neither the Units are not assignable nor any accumulated Dividend Equivalents may be sold, assigned, transferred or transferable otherwise disposed of by Grantee other than by shall will or the laws of descent and distribution. 6.

Appears in 1 contract

Sources: Performance Based Restricted Stock Unit Agreement (Whitney Holding Corp)

Restrictions on Transfer and Pledge. No right or interest of Grantee in the Units may be pledged, encumbered, hypothecated or hypothecated otherwise encumbered to or in favor of any partyparty other than the Company or an Affiliate, or shall be subject subjected to any lien, obligation, obligation or liability of Grantee to any other partyparty other than the Company or an Affiliate. The Units are not assignable or transferable by Grantee other than by shall will or the laws of descent and distribution; but the Committee may permit other transfers in accordance with the Plans.

Appears in 1 contract

Sources: Restricted Stock Unit Award Notice (Globe Life Inc.)