Common use of Assignment and Transfers Clause in Contracts

Assignment and Transfers. Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Participant under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Participant, by will or by the laws of descent and distribution. In the event of any attempt by the Participant to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units by notice to the Participant, and the Stock Units and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the Participant’s consent.

Appears in 22 contracts

Samples: Restricted Stock Unit Agreement (Allegro Microsystems, Inc.), Restricted Stock Unit Agreement (Covetrus, Inc.), Restricted Stock Unit Agreement (23andMe Holding Co.)

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Assignment and Transfers. Except as the Committee Board may otherwise permit pursuant to the Plan, the rights and interests of the Participant Grantee under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the ParticipantGrantee, by will or by the laws of descent and distribution. In the event of any attempt by the Participant Grantee to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units Option or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units Option by notice to the ParticipantGrantee, and the Stock Units Option and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the ParticipantGrantee’s consent.

Appears in 20 contracts

Samples: Employment Agreement (Zynerba Pharmeceuticals, Inc.), Employment Agreement (Zynerba Pharmeceuticals, Inc.), Employment Agreement (Zynerba Pharmeceuticals, Inc.)

Assignment and Transfers. Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Participant Grantee under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the ParticipantGrantee, by will or by the laws of descent and distribution. In the event of any attempt by the Participant Grantee to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units Option or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units Option by notice to the ParticipantGrantee, and the Stock Units Option and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the ParticipantGrantee’s consent.

Appears in 18 contracts

Samples: Employment Agreement (Repro Med Systems Inc), Employment Agreement (Repro Med Systems Inc), Nonqualified Stock Option Grant Agreement (Nutri System Inc /De/)

Assignment and Transfers. Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Participant under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Participant, by will or by the laws of descent and distribution. In the event of any attempt by the Participant to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units Option or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units Option by notice to the Participant, and the Stock Units Option and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the Participant’s consent.

Appears in 13 contracts

Samples: Nonqualified Stock Option Grant Agreement (enGene Holdings Inc.), Nonqualified Stock Option Award Agreement (Onconova Therapeutics, Inc.), Incentive Stock Option Grant Agreement (enGene Holdings Inc.)

Assignment and Transfers. Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Participant under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Participant, by will or by the laws of descent and distribution. In the event of any attempt by the Participant to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units PSUs or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units PSUs by notice to the Participant, and the Stock Units PSUs and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the Participant’s consent.

Appears in 12 contracts

Samples: Performance Restricted Stock Unit Agreement (CarGurus, Inc.), Performance Stock Unit Agreement (Allegro Microsystems Inc), Performance Stock Unit Grant Agreement (Covetrus, Inc.)

Assignment and Transfers. Except as the Committee may otherwise permit pursuant to the Plan, the The rights and interests of the Participant under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Participant, by will or by the laws of descent and distribution. In the event of any attempt by the Participant to alienate, assign, pledge, hypothecate, or otherwise dispose of the Restricted Stock Units or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Restricted Stock Units by notice to the Participant, and the Restricted Stock Units and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiariesSubsidiaries, and affiliates. This Agreement may be assigned by the Company without the Participant’s consent.

Appears in 8 contracts

Samples: Restricted Stock Unit Award Agreement (KALA BIO, Inc.), Restricted Stock Unit Award Agreement (Kala Pharmaceuticals, Inc.), Restricted Stock Unit Award Agreement (KALA BIO, Inc.)

Assignment and Transfers. Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Participant Grantee under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the ParticipantGrantee, by will or by the laws of descent and distribution. In the event of any attempt by the Participant Grantee to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Restricted Units or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Restricted Units by notice to the ParticipantGrantee, and the Stock Restricted Units and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, Subsidiaries and affiliatesAffiliates. This Agreement may be assigned by the Company without the ParticipantGrantee’s consent.

Appears in 6 contracts

Samples: Restricted Stock Unit Agreement (Novell Inc), Restricted Stock Unit Agreement (Novell Inc), 2010 Restricted Stock Unit Agreement (Novell Inc)

Assignment and Transfers. Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Participant under this Agreement may not be sold, assigned, encumbered or otherwise transferred transferred, except, in the event of the death of the Participant, by will or by the laws of descent and distribution. In the event of any attempt by the Participant to alienate, assign, pledge, hypothecate, hypothecate or otherwise dispose of the Stock Units Option or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units Option by notice to the Participant, and the Stock Units Option and all rights hereunder shall will thereupon become null and void. The rights and protections of the Company hereunder shall will extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, subsidiaries and affiliates. This Agreement may be assigned by the Company without the Participant’s consent.

Appears in 6 contracts

Samples: Nonqualified Stock Option Grant Agreement (Ameris Bancorp), Nonqualified Stock Option Grant Agreement (Crown Crafts Inc), Incentive Stock Option Grant Agreement (Ameris Bancorp)

Assignment and Transfers. Except as the Committee may otherwise permit pursuant to the Plan, the The rights and interests of the Participant Grantee under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the ParticipantGrantee, by will or by the laws of descent and distribution. In the event of any attempt by the Participant Grantee to alienate, assign, pledge, hypothecate, or otherwise dispose of the Restricted Stock Units or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Restricted Stock Units by notice to the ParticipantGrantee, and the Restricted Stock Units and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s 's parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the Participant’s Grantee's consent.

Appears in 6 contracts

Samples: Restricted Stock Unit Agreement (GAIN Capital Holdings, Inc.), Restricted Stock Unit Agreement (GAIN Capital Holdings, Inc.), Restricted Stock Unit Agreement (GAIN Capital Holdings, Inc.)

Assignment and Transfers. Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Participant Grantee under this Agreement may not be pledged, sold, assigned, encumbered encumbered, hypothecated to or otherwise transferred in favor of any party other than the Company or a Subsidiary except, in the event of the death of the ParticipantGrantee, by will or by the laws of descent and distribution. In the event of any attempt by the Participant Grantee to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units Options or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units Options by notice to the ParticipantGrantee, and the Stock Units Options and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the ParticipantGrantee’s consent.

Appears in 6 contracts

Samples: Stock Option Grant Agreement (Spanish Broadcasting System Inc), Stock Option Grant Agreement (Spanish Broadcasting System Inc), Stock Option Grant Agreement (Spanish Broadcasting System Inc)

Assignment and Transfers. Except as otherwise provided herein or as the Committee may otherwise permit pursuant to the Planpermit, the rights and interests of the Participant Grantee under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the ParticipantGrantee, by will or by the laws of descent and distribution. In the event of any attempt by the Participant Grantee to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units Option or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units Option by notice to the ParticipantGrantee, and the Stock Units Option and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company in connection with a sale of all or substantially all of the Company’s assets and to the Company’s parents, subsidiaries, subsidiaries and affiliates. This Agreement may be assigned by the Company without the Participant’s consent.

Appears in 3 contracts

Samples: Stock Option Agreement (Inspire Pharmaceuticals Inc), Stock Option Agreement (Inspire Pharmaceuticals Inc), Stock Option Agreement (Inspire Pharmaceuticals Inc)

Assignment and Transfers. Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Participant under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Participant, by will or by the laws of descent and distribution. In the event of any attempt by the Participant to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units Option or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units Option by notice to the Participant, and the Stock Units Option and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliatesAffiliates. This Agreement may be assigned by the Company without the Participant’s consent.

Appears in 3 contracts

Samples: Nonqualified Stock Option Grant Agreement (Aceragen, Inc.), Nonqualified Stock Option Grant Agreement (Aceragen, Inc.), Incentive Stock Option Grant Agreement (Aceragen, Inc.)

Assignment and Transfers. Except as the Committee may otherwise permit pursuant to the Planpermit, the rights and interests of the Participant under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Participant, by will or by the laws of descent and distribution. In the event of any attempt by the Participant to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units by notice to the Participant, and the Stock Units and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the Participant’s consent.

Appears in 3 contracts

Samples: Grant Agreement (Replimune Group, Inc.), Replimune Group, Inc., Replimune Group, Inc.

Assignment and Transfers. Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Participant under this Award Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Participant, by will or by the laws of descent and distribution. In the event of any attempt by the Participant to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units Option or any right hereunder, except as provided for in this Award Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units Option by notice to the Participant, and the Stock Units Option and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliates. This Award Agreement may be assigned by the Company without the Participant’s consent.

Appears in 3 contracts

Samples: Nonqualified Stock Option Award Agreement (Biospecifics Technologies Corp), Nonqualified Stock Option Award Agreement (Haemonetics Corp), Nonqualified Stock Option Award Agreement (Haemonetics Corp)

Assignment and Transfers. Except as the Committee Board may otherwise permit pursuant to the Plan, the rights and interests of the Participant under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Participant, by will or by the laws of descent and distribution. In the event of any attempt by the Participant to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units by notice to the Participant, and the Stock Units and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the Participant’s consent.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Idera Pharmaceuticals, Inc.), Restricted Stock Unit Agreement (Idera Pharmaceuticals, Inc.)

Assignment and Transfers. Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Participant Grantee under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the ParticipantGrantee, by will or by the laws of descent and distribution. In the event of any attempt by the Participant Grantee to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units Option or any right hereunder, except as provided for in this AgreementAgreement or the Plan, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units Option by notice to the ParticipantGrantee, and the Stock Units Option and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiariesSubsidiaries, and affiliatesAffiliates. This Agreement may be assigned by the Company without the ParticipantGrantee’s consent.

Appears in 2 contracts

Samples: Nonqualified Stock Option Grant Agreement (Novell Inc), Nonqualified Stock Option Grant Agreement (Novell Inc)

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Assignment and Transfers. Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Participant Grantee under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the ParticipantGrantee, by will or by the laws of descent and distribution. In the event of any attempt by the Participant Grantee to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units Option or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units Option by notice to the ParticipantGrantee, and the Stock Units Option and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s 's parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the Participant’s Grantee's consent.

Appears in 2 contracts

Samples: Nonqualified Stock Option Grant (Nutri System Inc /De/), Nonqualified Stock Option Grant Agreement (Dusa Pharmaceuticals Inc)

Assignment and Transfers. Except as the Committee Board may otherwise permit pursuant to the Plan, the rights and interests of the Participant Grantee under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the ParticipantGrantee, by will or by the laws of descent and distribution. In the event of any attempt by the Participant Grantee to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units Option or any right hereunder, except as provided for in this Agreement, or in the event of the (he levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units Option by notice to the ParticipantGrantee, and the Stock Units Option and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the ParticipantGrantee’s consent.

Appears in 2 contracts

Samples: Employment Agreement (Zynerba Pharmeceuticals, Inc.), Employment Agreement (Zynerba Pharmeceuticals, Inc.)

Assignment and Transfers. Except as the Committee may otherwise permit pursuant to the Plan, the The rights and interests of the Participant Grantee under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the ParticipantGrantee, by will or by the laws of descent and distribution. In the event of any attempt by the Participant Grantee to alienate, assign, pledge, hypothecate, or otherwise dispose of the Restricted Stock Units or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Restricted Stock Units by notice to the ParticipantGrantee, and the Restricted Stock Units and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the ParticipantGrantee’s consent.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (GAIN Capital Holdings, Inc.), Restricted Stock Unit Agreement (GAIN Capital Holdings, Inc.)

Assignment and Transfers. Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Participant Grantee under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the ParticipantGrantee, by will or by the laws of descent and distribution. In the event of any attempt by the Participant Grantee to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units Option or any right hereunder, except as provided for in this AgreementAgreement or the Plan, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units Option by notice to the ParticipantGrantee, and the Stock Units Option and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, Subsidiaries and affiliatesAffiliates. This Agreement may be assigned by the Company without the ParticipantGrantee’s consent.

Appears in 2 contracts

Samples: Nonqualified Stock Option Grant Agreement (Novell Inc), Nonqualified Stock Option Grant (Novell Inc)

Assignment and Transfers. Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Participant under this Agreement Grant may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Participant, by will or by the laws of descent and distribution. In the event of any attempt by the Participant to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units Option or any right hereunder, except as provided for in this AgreementGrant, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units Option by notice to the Participant, and the Stock Units Option and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the Participant’s consent.

Appears in 1 contract

Samples: American Water Works Company, Inc.

Assignment and Transfers. Except as the Committee may otherwise permit pursuant to the Plan, the The rights and interests of the Participant under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Participant, by will or by the laws of descent and distribution. In the event of any attempt by the Participant to alienate, assign, pledge, hypothecate, or otherwise dispose of the Restricted Stock Units or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Restricted Stock Units by notice to the Participant, and the Restricted Stock Units and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiariesSubsidiaries, and affiliates. This Agreement may be assigned by the Company without the Participant’s consent.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Kala Pharmaceuticals, Inc.)

Assignment and Transfers. Except as the Committee Board may otherwise permit pursuant to the Plan, the rights and interests of the Participant under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Participant, by will or by the laws of descent and distribution. In the event of any attempt by the Participant to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units by notice to the Participant, and the Stock Units and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the Participant’s consent.. ​

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Idera Pharmaceuticals, Inc.)

Assignment and Transfers. Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Participant Grantee under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the ParticipantGrantee, by will or by the laws of descent and distribution. In the event of any attempt by the Participant Grantee to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units RSUs or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units RSUs by notice to the ParticipantGrantee, and the Stock Units RSUs and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the ParticipantGrantee’s consent.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Strongbridge Biopharma PLC)

Assignment and Transfers. Except as the Committee Administrator may otherwise permit pursuant to the Plan, the rights and interests of the Participant Purchaser under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the ParticipantPurchaser, by will or by the laws of descent and distribution. In the event of any attempt by the Participant Purchaser to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units RSUs or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units RSUs by notice to the ParticipantPurchaser, and the Stock Units RSUs and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s 's parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the Participant’s Purchaser's consent.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Third Wave Technologies Inc /Wi)

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