Common use of Violation Clause in Contracts

Violation. Except as provided in Section 5, any transfer, pledge, sale, assignment, or hypothecation of the Award or any portion thereof shall be a violation of the terms of this Award and shall be void and without effect.

Appears in 13 contracts

Sources: Restricted Stock Award (SmartStop Self Storage REIT, Inc.), Restricted Share Award Agreement (Peakstone Realty Trust), Restricted Stock Award (SmartStop Self Storage REIT, Inc.)

Violation. Except as provided in Section 5, any transfer, pledge, sale, assignment, or hypothecation of the Award Option or any portion thereof shall be a violation of the terms of this the Award or these Terms and Conditions and shall be void and without effect.

Appears in 12 contracts

Sources: Incentive Stock Option Award (National Commerce Corp), Incentive Stock Option Award (National Commerce Corp), Incentive Stock Option Award (National Commerce Corp)

Violation. Except as provided in Section 54, any transfer, pledge, sale, assignment, or hypothecation of the Award Option or any portion thereof shall be a violation of the terms of this Award and shall be void and without effect.

Appears in 4 contracts

Sources: Nonqualified Stock Option Award (Richardson Electronics LTD/De), Nonqualified Stock Option Award (Richardson Electronics LTD/De), Nonqualified Stock Option Award (Richardson Electronics LTD/De)

Violation. Except as provided in Section 56, any transfer, pledge, sale, assignment, or hypothecation of the Award Option or any portion thereof shall be a violation of the terms of this the Award or these Terms and Conditions and shall be void and without effect.

Appears in 2 contracts

Sources: Nonqualified Stock Option Award (CCF Holding Co), Incentive Stock Option Award (CCF Holding Co)

Violation. Except as provided in Section 54, any transfer, pledge, sale, assignment, or hypothecation of the Award Option or any portion thereof shall be a violation of the terms of this Award and these Terms and Conditions and shall be void and without effect.

Appears in 1 contract

Sources: Release Agreement (Health Discovery Corp)

Violation. Except as provided in Section 5, any transfer, pledge, --------- sale, assignment, or hypothecation of the Award Option or any portion thereof shall be a violation of the terms of this the Award or these Terms and Conditions and shall be void and without effect.

Appears in 1 contract

Sources: Non Qualified Stock Option Award (Southeastern Bank Financial CORP)