Common use of Restrictions on Transfer Clause in Contracts

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the Corporation, or (b) transfers by will or the laws of descent and distribution.

Appears in 85 contracts

Sources: Stock Unit Award Agreement (Alaska Air Group, Inc.), 3 Year Performance Based Restricted Stock Unit Agreement (Healthpeak Properties, Inc.), Retentive Restricted Stock Unit Agreement (Healthpeak Properties, Inc.)

Restrictions on Transfer. Neither the Stock Unit Award, nor any interest therein or amount or shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the Corporation, or (b) transfers by will or the laws of descent and distribution.

Appears in 21 contracts

Sources: Stock Unit Award Agreement (Health Care Property Investors Inc), Employment Agreement (MSC Software Corp), Employment Agreement (Qlogic Corp)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof (until such shares underlying the Award have been issued) may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the CorporationCompany, or (b) transfers by will or the laws of descent and distribution.

Appears in 16 contracts

Sources: Restricted Share Unit Award Agreement (NCL CORP Ltd.), Restricted Share Unit Award Agreement (Norwegian Cruise Line Holdings Ltd.), Restricted Share Unit Award Agreement (Norwegian Cruise Line Holdings Ltd.)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the Corporation, or (b) transfers by will or the laws of descent and distribution, or (c) transfers pursuant to a QDRO order if approved or ratified by the Compensation Committee.

Appears in 13 contracts

Sources: Performance Award Agreement (Golden State Water CO), Performance Award Agreement (Golden State Water CO), Performance Award Agreement (Golden State Water CO)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the CorporationCompany, or (b) transfers by will or the laws of descent and distribution.

Appears in 11 contracts

Sources: Non Employee Director Restricted Stock Unit Award Agreement (Healthpeak Properties, Inc.), Restricted Share Unit Award Agreement (Establishment Labs Holdings Inc.), Restricted Stock Unit Award Agreement (Electronics for Imaging Inc)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the Corporation, or (b) transfers by will or the laws of descent and distribution, or (c) transfers pursuant to a QDRO order if approved or ratified by the Committee.

Appears in 7 contracts

Sources: Restricted Stock Unit Award Agreement (Golden State Water CO), Performance Award Agreement (American States Water Co), Restricted Stock Unit Award Agreement (Golden State Water CO)

Restrictions on Transfer. Neither Unless otherwise determined by the Committee, neither the Award, nor any interest therein or amount or shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the Corporation, or (b) transfers by will or the laws of descent and distribution.

Appears in 7 contracts

Sources: Performance Stock Unit Award Agreement (Molina Healthcare, Inc.), Performance Stock Unit Award Agreement (Molina Healthcare, Inc.), Employment Agreement (Molina Healthcare Inc)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the CorporationAir Group, or (b) transfers by will or the laws of descent and distribution.

Appears in 4 contracts

Sources: Performance Stock Unit Award Agreement (Alaska Air Group Inc), Performance Stock Unit Award Agreement (Alaska Air Group Inc), Stock Unit Award Agreement (Alaska Air Group Inc)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or of shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the CorporationCompany, or (b) transfers by will or the laws of descent and distribution.

Appears in 2 contracts

Sources: Performance Stock Unit Agreement, Performance Stock Unit Agreement

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof (until such shares underlying the Award have been issued) may ​ be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the CorporationCompany, or (b) transfers by will or the laws of descent and distribution.

Appears in 2 contracts

Sources: Restricted Share Unit Award Agreement (Norwegian Cruise Line Holdings Ltd.), Restricted Share Unit Award Agreement (NCL CORP Ltd.)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares of Common Stock payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the Corporation, or (b) transfers by will or the laws of descent and distribution.

Appears in 2 contracts

Sources: Restricted Stock Unit Award Agreement (Dicerna Pharmaceuticals Inc), Restricted Stock Unit Award Agreement (Dicerna Pharmaceuticals Inc)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof thereof, may be sold, assigned, transferred, pledged hypothecated, pledged, exchanged, charged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the Corporation, Company or (b) transfers by will or the laws of descent and distribution.

Appears in 2 contracts

Sources: Restricted Share Unit Award Agreement (AdvancePierre Foods Holdings, Inc.), Restricted Share Unit Award Agreement (AdvancePierre Foods Holdings, Inc.)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the Corporation, or (b) transfers by will or the laws of descent and distribution, or (c) transfers pursuant to a Qualified Domestic Relations Order if approved or ratified by the Committee.

Appears in 2 contracts

Sources: Restricted Stock Unit Award Agreement (American States Water Co), Restricted Stock Unit Award Agreement (Golden State Water CO)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares Shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the CorporationCompany, or (b) transfers by will or the laws of descent and distribution.

Appears in 1 contract

Sources: Restricted Stock Unit Award (Indie Semiconductor, Inc.)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof (prior to the time such shares are actually issued and held of record by the Participant) may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the Corporation, or (b) transfers by will or the laws of descent and distribution.

Appears in 1 contract

Sources: Director Restricted Stock Unit Award Agreement (International Game Technology)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the Corporation, or (b) transfers by will or the laws of descent and distribution.the

Appears in 1 contract

Sources: Performance Award Agreement (Golden State Water CO)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily, and any such attempted sale, assignment, transfer, pledge or disposal shall be void. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the CorporationCompany, or (b) transfers by will or the laws of descent and distribution.

Appears in 1 contract

Sources: Restricted Stock Unit Award Agreement (Guess Inc)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the Corporation, or (b) transfers by will or the laws of descent and distribution.

Appears in 1 contract

Sources: Restricted Stock Unit Award Agreement (Univision Communications Inc)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the CorporationCompany, or (b) transfers by will or the laws of descent and distribution.

Appears in 1 contract

Sources: Restricted Stock Unit Agreement (Healthcare Realty Trust Inc)