Common use of Non-transferability of Interest Clause in Contracts

Non-transferability of Interest. None of the rights of Employee to receive any form of compensation payable pursuant to this Agreement shall be assignable or transferable except through a testamentary disposition or by the laws of descent and distribution upon the death of Employee. Any attempted assignment, transfer, conveyance, or other disposition (other than as aforesaid) of any interest in the rights of Employee to receive any form of compensation to be made by the Company pursuant to this Agreement shall be void.

Appears in 43 contracts

Samples: Employment Agreement (Conatus Pharmaceuticals Inc.), Employment Agreement (Airgain Inc), Employment Agreement (Conatus Pharmaceuticals Inc.)

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Non-transferability of Interest. None of the rights of Employee to receive any form of compensation payable pursuant to this Agreement shall be assignable or transferable except through a testamentary disposition or by the laws of descent and distribution upon the death of Employee. Any attempted assignment, transfer, conveyance, or other disposition (other than as aforesaidset forth herein) of any interest in the rights of Employee to receive any form of compensation to be made by the Company pursuant to this Agreement shall be void.

Appears in 16 contracts

Samples: Employment Agreement (Digital Theater Systems Inc), Employment Agreement (Digital Theater Systems Inc), Employment Agreement (Dts, Inc.)

Non-transferability of Interest. None of the rights of Employee to receive any form of compensation payable pursuant to this Agreement shall be assignable or transferable except through a testamentary disposition or by the laws of descent and distribution upon the death of Employee. Any attempted assignment, transfer, conveyance, or other disposition (other than as aforesaid) of any interest in the rights of Employee to receive any form of compensation to be made by the Company Employer pursuant to this Agreement shall be void.

Appears in 12 contracts

Samples: Employment Agreement (Credit Store Inc), Employment Agreement (Credit Store Inc), Employment Agreement (Camelot Music Holdings Inc)

Non-transferability of Interest. None of the rights of Employee to receive any form of compensation payable pursuant to this Agreement shall be assignable or otherwise transferable except through a testamentary disposition or by the laws of descent and distribution upon the death of Employee. Any attempted assignment, transfer, conveyance, or other disposition (other than as aforesaid) of any interest in the rights of Employee to receive any form of compensation to be made by the Company Employer pursuant to this Agreement shall be void.

Appears in 6 contracts

Samples: Employment Agreement (T-3 Energy Services Inc), Employment Agreement (T-3 Energy Services Inc), Employment Agreement (T-3 Energy Services Inc)

Non-transferability of Interest. None of the rights of Employee to receive any form of compensation payable pursuant to this Agreement shall be assignable or transferable except through a testamentary disposition or by the laws of descent and distribution upon the death of Employee. Any attempted assignment, transfer, conveyance, or other disposition (other than as aforesaidnoted above) of any interest in the rights of Employee to receive any form of compensation to be made by the Company Employer pursuant to this Agreement shall be void.

Appears in 3 contracts

Samples: Employment Agreement (Advanced Materials Group Inc), Employment Agreement (Advanced Materials Group Inc), Employment Agreement (Netguru Inc)

Non-transferability of Interest. None of the rights of Employee to receive any form of compensation payable pursuant to this Agreement shall be assignable or transferable except through a testamentary disposition or by the laws of descent and distribution upon the death of Employee. Any attempted assignment, transfer, conveyance, or other disposition (other than as aforesaid) of any interest in the rights of Employee to receive any form of compensation to be made by the Company pursuant to this Agreement or any of the other rights or the obligations of Employee hereunder shall be void.

Appears in 2 contracts

Samples: Employment Agreement (Numex Corp), Employment Agreement (Numex Corp)

Non-transferability of Interest. None of the rights of Employee to receive any form of compensation payable pursuant to this Agreement shall be assignable or transferable except through a testamentary disposition or by the laws of descent and distribution upon the death of Employee. Any attempted assignment, transfer, conveyance, conveyance or other disposition (other than as aforesaid) of any interest in the rights of Employee to receive any form of compensation to be made by the Company Employer pursuant to this Agreement shall be void.

Appears in 1 contract

Samples: Stock Option Agreement (Horace Mann Educators Corp /De/)

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Non-transferability of Interest. None of the rights of ------------------------------- Employee to receive any form of compensation payable pursuant to this Agreement shall be assignable or transferable except through a testamentary disposition or by the laws of descent and distribution upon the death of Employee. Any attempted assignment, transfer, conveyance, or other disposition (other than as aforesaid) of any interest in the rights of Employee to receive any form of compensation to be made by the Company Employer pursuant to this Agreement shall be void.

Appears in 1 contract

Samples: Employment Agreement (Ariel Corp)

Non-transferability of Interest. None of the rights of Employee to receive any form of compensation payable pursuant to this Agreement shall be assignable or transferable except through a testamentary disposition or by the laws of descent and distribution upon the death of Employee. Any attempted assignment, transfer, conveyance, or other disposition (other than as aforesaid) of any interest in the rights of Employee to receive any form of compensation to be made by the Company pursuant to this Agreement shall be void.. |US-DOCS\123468534.2||

Appears in 1 contract

Samples: Severance Agreement (Airgain Inc)

Non-transferability of Interest. None of the rights of Employee to US-DOCS\103715512.4 receive any form of compensation payable pursuant to this Agreement shall be assignable or transferable except through a testamentary disposition or by the laws of descent and distribution upon the death of Employee. Any attempted assignment, transfer, conveyance, or other disposition (other than as aforesaid) of any interest in the rights of Employee to receive any form of compensation to be made by the Company pursuant to this Agreement shall be void.

Appears in 1 contract

Samples: Employment Agreement (Airgain Inc)

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