Common use of Nontransferability of Award Clause in Contracts

Nontransferability of Award. During the Restriction Period, the --------------------------- shares of Stock subject to the Award as to which restrictions remain in effect may not be transferred by the Holder other than by will, the laws of descent and distribution or pursuant to beneficiary designation procedures approved by the Company. Except to the extent permitted by the foregoing, during the Restriction Period, the shares of Stock subject to the Award as to which restrictions remain in effect may not be sold, transferred, assigned, pledged, hypothecated, encumbered or otherwise disposed of (whether by operation of law or otherwise) or be subject to execution, attachment or similar process. Upon any attempt to so sell, transfer, assign, pledge, hypothecate or encumber, or otherwise dispose of such shares, the Award shall immediately become null and void.

Nontransferability of Award. During the Restriction Period, the --------------------------- shares of Stock subject to the Award as to which restrictions remain in effect may not be transferred by the Holder other than by will, the laws of descent and distribution or pursuant to beneficiary designation procedures approved by the Company. Except to the extent permitted by the foregoing, during the Restriction Period, the shares of Stock subject to the Award as to which restrictions remain in effect may not be sold, transferred, assigned, pledged, hypothecated, encumbered or otherwise disposed of (whether by operation of law or otherwise) or be subject to execution, attachment or similar process. Upon any attempt to so sell, transfer, assign, pledge, hypothecate or encumber, or otherwise dispose of such shares, the Award shall immediately become null and void.

Nontransferability of Award. During the Restriction Period, the --------------------------- shares of Stock restricted stock units subject to the Award as to which restrictions remain in effect and not then vested may not be transferred by the Holder Employee other than by will, the laws of descent and distribution or pursuant to Section 7(a) of the Plan on a beneficiary designation procedures form approved by the Company. Except to the extent as permitted by the foregoing, during the Restriction Period, the shares of Stock restricted stock units subject to the Award as to which restrictions remain in effect and not then vested may not be sold, transferred, assigned, pledged, hypothecated, encumbered or otherwise disposed of (whether by operation of law or otherwise) or be subject to execution, attachment or similar process. Upon any attempt to so sellAny such attempted sale, transfer, assignassignment, pledge, hypothecate hypothecation or encumberencumbrance, or otherwise dispose other disposition of such shares, the Award restricted stock units shall immediately become be null and void.

Nontransferability of Award. During the Restriction Periodrestriction period described in Section 4(a), the --------------------------- shares of Common Stock subject to the Award as to which such restrictions remain in effect may not be transferred by the Holder Employee other than by will, the laws of descent and distribution or pursuant to the Employee's beneficiary designation procedures approved by or beneficiaries as designated on the Companyform attached hereto. Except to the extent as permitted by the foregoing, during the Restriction Periodrestriction period described in Section 4(a), the shares of Common Stock subject to the Award as to which such restrictions remain in effect may not be sold, transferred, assigned, pledged, hypothecated, encumbered or otherwise disposed of (whether by operation of law or otherwise) or be subject to execution, attachment or similar process. Upon any attempt to so sellAny such attempted sale, transfer, assignassignment, pledge, hypothecate hypothecation or encumberencumbrance, or otherwise dispose other disposition of such shares, the Award shares shall immediately become be null and void.

Nontransferability of Award. During the Restriction Period, the --------------------------- shares of Stock subject to the Award as to which restrictions remain in effect and not then vested may not be transferred by the Holder other than by will, the laws of descent and distribution or pursuant to beneficiary designation procedures approved by the Company. Except to the extent permitted by the foregoing, during the Restriction Period, the shares of Stock subject to the Award as to which restrictions remain in effect and not then vested may not be sold, transferred, assigned, pledged, hypothecated, encumbered or otherwise disposed of (whether by operation of law or otherwise) or be subject to execution, attachment or similar process. Upon any attempt to so sell, transfer, assign, pledge, hypothecate or encumber, or otherwise dispose of such shares, the Award shall immediately become null and void.

Nontransferability of Award. During the Restriction Period, the --------------------------- shares of Stock subject to the Award as to which restrictions remain in effect and not then vested may not be transferred by the Holder Employee other than by will, the laws of descent and distribution or pursuant to Section 5(f) of the Plan on a beneficiary designation procedures form approved by the Company. Except to the extent as permitted by the foregoing, during the Restriction Period, the shares of Stock subject to the Award as to which restrictions remain in effect and not then vested may not be sold, transferred, assigned, pledged, hypothecated, encumbered or otherwise disposed of (whether by operation of law or otherwise) or be subject to execution, attachment or similar process. Upon any attempt to so sellAny such attempted sale, transfer, assignassignment, pledge, hypothecate hypothecation or encumberencumbrance, or otherwise dispose other disposition of such shares, the Award shares shall immediately become be null and void.

Nontransferability of Award. During the Restriction Period, the --------------------------- shares of Common Stock subject to the Award as to which restrictions remain in effect and not then vested may not be transferred by the Holder other than by will, the laws of descent and distribution or pursuant to beneficiary designation procedures approved by the Company. Except to the extent permitted by the foregoing, during the Restriction Period, the shares of Common Stock subject to the Award as to which restrictions remain in effect and not then vested may not be sold, transferred, assigned, pledged, hypothecated, encumbered or otherwise disposed of (whether by operation of law or otherwise) or be subject to execution, attachment or similar process. Upon any attempt to so sell, transfer, assign, pledge, hypothecate or encumber, or otherwise dispose of such shares, the Award shall immediately become null and void.

Nontransferability of Award. During the Restriction Period, the --------------------------- shares of Stock subject to the Award as to which restrictions remain in effect and not then vested may not be transferred by the Holder other than (i) by will, will or the laws of descent and distribution or (ii) pursuant to beneficiary designation procedures approved by the Company. Except to the extent permitted by the foregoingforegoing sentence, during the Restriction Period, the shares of Stock subject to the Award as to which restrictions remain in effect and not then vested may not be sold, transferred, assigned, pledged, hypothecated, encumbered or otherwise disposed of (whether by operation of law or otherwise) or be subject to execution, attachment or similar process. Upon any attempt to so sell, transfer, assign, pledge, hypothecate or encumber, or otherwise dispose of such shares, the Award shall immediately become null and void.

Nontransferability of Award. During the Restriction Period, the shares --------------------------- shares of Stock subject to the Award as to which restrictions remain in effect and not then vested may not be transferred by the Holder other than (i) by will, will or the laws of descent and distribution or (ii) pursuant to beneficiary designation procedures approved by the Company. Except to the extent permitted by the foregoingforegoing sentence, during the Restriction Period, the shares of Stock subject to the Award as to which restrictions remain in effect and not then vested may not be sold, transferred, assigned, pledged, hypothecated, encumbered or otherwise disposed of (whether by operation of law or otherwise) or be subject to execution, attachment or similar process. Upon any attempt to so sell, transfer, assign, pledge, hypothecate or encumber, or otherwise dispose of such shares, the Award shall immediately become null and void.