Common use of Assignment Restrictions Clause in Contracts

Assignment Restrictions. (a) The Restricted Stock Units may not be Assigned and any such purported Assignment shall be void and unenforceable against the Company or any Affiliate; provided, that the designation of a beneficiary shall not constitute an Assignment.

Appears in 7 contracts

Sources: Restricted Stock Unit Grant (BrightView Holdings, Inc.), Restricted Stock Unit Grant (BrightView Holdings, Inc.), Inducement Restricted Stock Unit Grant (BrightView Holdings, Inc.)

Assignment Restrictions. (a) The Restricted Performance Stock Units granted hereunder may not be Assigned and any such purported Assignment shall be void and unenforceable against the Company or any Affiliate; provided, that the designation of a beneficiary shall not constitute an Assignment.

Appears in 2 contracts

Sources: Performance Stock Unit Grant (BrightView Holdings, Inc.), Performance Stock Unit Grant (BrightView Holdings, Inc.)