Common use of Assignment and Transferability Clause in Contracts

Assignment and Transferability. Prior to the Vesting Date, the Restricted Shares may not be transferred, assigned or otherwise 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.

Appears in 1 contract

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

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Assignment and Transferability. Prior to the Vesting Date, the Restricted Shares may not be transferred, assigned or otherwise 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 transfer such rights, such Restricted Shares, and all of the rights related thereto, shall be forfeited by the Grantee.

Appears in 1 contract

Samples: Restricted Stock Agreement (JGWPT Holdings Inc.)

Assignment and Transferability. Prior to the Vesting Date, the Restricted Shares may not be transferred, assigned or otherwise disposed of, and no transfer of the GranteeParticipant’s rights with respect to the Restricted Shares, whether voluntary or involuntary, by operation of law or otherwise, shall be permitted.

Appears in 1 contract

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

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Assignment and Transferability. Prior to the Vesting Date, the Restricted Shares may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, assigned encumbered or otherwise disposed of, and no transfer of the Grantee’s rights with respect any attempt to the Restricted Shares, whether voluntary or involuntary, by operation of law or otherwise, do so shall be permittednull 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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