Common use of Assignment and Transferability Clause in Contracts

Assignment and Transferability. Prior to the Vesting Date, the Restricted Shares may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of, and any attempt to do so shall be null and void and without effect.

Appears in 1 contract

Samples: Restricted Stock Award Agreement for Non Employee Directors (Montage Resources Corp)

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Assignment and Transferability. Prior to the Vesting Date, the Restricted Shares may not be soldtransferred, assigned, pledged, exchanged, hypothecated assigned or otherwise transferred, encumbered or disposed of, and any attempt no transfer of the Grantee’s rights with respect to do so the Restricted Shares, whether voluntary or involuntary, by operation of law or otherwise, shall be null and void and without effectpermitted.

Appears in 1 contract

Samples: Restricted Stock Agreement (Enovation Controls, Inc.)

Assignment and Transferability. Prior to the Vesting Date, the Restricted Shares may not be soldtransferred, assigned, pledged, exchanged, hypothecated assigned or otherwise transferred, encumbered or disposed of, and no transfer of the Grantee’s rights with respect to the Restricted Shares, whether voluntary or involuntary, by operation of law or otherwise, shall be permitted. Immediately upon any attempt to do so transfer such rights, such Restricted Shares, and all of the rights related thereto, shall be null and void and without effectforfeited by the Grantee.

Appears in 1 contract

Samples: Restricted Stock Agreement (JGWPT Holdings Inc.)

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Assignment and Transferability. Prior to the Vesting Date, the Restricted Shares may not be soldtransferred, assigned, pledged, exchanged, hypothecated assigned or otherwise transferred, encumbered or disposed of, and any attempt no transfer of the Participant’s rights with respect to do so the Restricted Shares, whether voluntary or involuntary, by operation of law or otherwise, shall be null and void and without effectpermitted.

Appears in 1 contract

Samples: Restricted Stock Agreement (BG Staffing, Inc.)

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