Common use of Award is Not Transferable Clause in Contracts

Award is Not Transferable. Except to the limited extent provided in paragraph 5, this Award and the rights and privileges conferred hereby will not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and will not be subject to sale under execution, attachment or similar process.

Appears in 8 contracts

Samples: Restricted Stock Unit Agreement (Prologis, L.P.), Restricted Stock Unit Agreement (Prologis, L.P.), Restricted Stock Unit Agreement (Prologis, L.P.)

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Award is Not Transferable. Except to the limited extent provided in paragraph 55 or as provided by the Committee or the Plan, this Award and the rights and privileges conferred hereby will not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and will not be subject to sale under execution, attachment or similar process.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Prologis, L.P.), Restricted Stock Unit Agreement (Prologis, L.P.), Restricted Stock Unit Agreement (Prologis, L.P.)

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