General Restrictions of Transfers of Rsus Sample Clauses

The "General Restrictions of Transfers of RSUs" clause defines the limitations placed on the transferability of Restricted Stock Units (RSUs) granted to an individual. Typically, this clause prohibits the holder from selling, assigning, pledging, or otherwise transferring their RSUs to another party, except in specific circumstances such as by will or the laws of descent and distribution. By imposing these restrictions, the clause ensures that RSUs remain with the original recipient until vesting or settlement, thereby preventing unauthorized or unintended transfers and maintaining the integrity of the company's equity compensation program.