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 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 Restricted Stock Units 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 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, subsidiaries, and affiliates. This Award Agreement may be assigned by the Company without the Participant’s consent.

Appears in 5 contracts

Samples: Incentive Compensation Plan (Biospecifics Technologies Corp), Restricted Stock Unit Award Agreement (Biospecifics Technologies Corp), Restricted Stock Unit Award Agreement (Haemonetics Corp)

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Assignment and Transfers. Except as the Compensation Committee may otherwise permit pursuant to the PlanPlan and as otherwise provided in this Agreement, the rights and interests of the Participant Grantee under this Award 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 Option or any right hereunder, except as provided for in the Plan and 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 Restricted Stock Units Option by notice to the ParticipantGrantee, and the Restricted 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 Award Agreement may be assigned by the Company without the ParticipantGrantee’s consent.

Appears in 4 contracts

Samples: Nonqualified Stock Option Grant (MEI Pharma, Inc.), Nonqualified Stock Option Grant (MEI Pharma, Inc.), Nonqualified Stock Option Grant (Marshall Edwards 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, hypothecate or otherwise dispose of the Restricted Stock Units 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 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, subsidiaries, subsidiaries and affiliates. This Award Agreement may be assigned by the Company without the Participant’s consent.

Appears in 3 contracts

Samples: Restricted Stock Unit Award (Penn Virginia Corp), Restricted Stock Unit Award (Penn Virginia Corp), Restricted Stock Unit Award (Penn Virginia Corp)

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 excepttransferred, 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 alienatesell, assign, pledge, hypothecate, hypothecate or otherwise dispose of the Target Restricted Stock Units 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 Target Restricted Stock Units by notice to the Participant, and the Target 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, subsidiaries and affiliates. This Award Agreement may be assigned by the Company without the Participant’s consent.

Appears in 3 contracts

Samples: Restricted Stock Unit Award (Penn Virginia Corp), Restricted Stock Unit Award (Penn Virginia Corp), Restricted Stock Unit Award (Penn Virginia Corp)

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 Restricted Stock Performance Share Units 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 Restricted Stock Performance Share Units by notice to the Participant, and the Restricted Stock Performance Share 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 Award Agreement may be assigned by the Company without the Participant’s consent.

Appears in 2 contracts

Samples: Performance Share Unit Award Agreement (Haemonetics Corp), Performance Share Unit Award Agreement (Haemonetics Corp)

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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 Award 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 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 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, subsidiariesSubsidiaries, and affiliatesAffiliates. This Award Agreement may be assigned by the Company without the ParticipantGrantee’s consent.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Atlas Energy, 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 Award 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 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 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 Award Agreement may be assigned by the Company without the ParticipantGrantee’s consent.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Orthovita 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 Award 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 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 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, Subsidiaries and affiliatesAffiliates. This Award Agreement may be assigned by the Company without the ParticipantGrantee’s consent.

Appears in 1 contract

Samples: Restricted Stock Agreement (Novell Inc)

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