Common use of Nontransferability of Award Clause in Contracts

Nontransferability of Award. During the Performance Period, the restricted stock units subject to the Award and not then vested may not be transferred by the Employee other than by will, the laws of descent and distribution or pursuant to Section 7(a) of the Plan on a beneficiary designation form approved by the Company. Except as permitted by the foregoing, during the Performance Period, the restricted stock units subject to the Award 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. Any such attempted sale, transfer, assignment, pledge, hypothecation or encumbrance, or other disposition of such restricted stock units shall be null and void.

Nontransferability of Award. During the Performance Restriction Period, the restricted stock units subject to the Award and not then vested may not be transferred by the Employee other than by will, the laws of descent and distribution or pursuant to Section 7(a18(g) of the Plan on a beneficiary designation form approved by the Company. Except as permitted by the foregoing, during the Performance Restriction Period, the restricted stock units subject to the Award 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. Any such attempted sale, transfer, assignment, pledge, hypothecation or encumbrance, or other disposition of such restricted stock units shares shall be null and void.

Nontransferability of Award. During the Performance Restriction Period, the restricted stock units subject to the Award and not then vested may not be transferred by the Employee other than by will, the laws of descent and distribution or pursuant to Section 7(a) 12.5 of the Plan on a beneficiary designation form approved by the Company. Except as permitted by the foregoing, during the Performance Restriction Period, the restricted stock units subject to the Award 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. Any such attempted sale, transfer, assignment, pledge, hypothecation or encumbrance, or other disposition of such restricted stock units shares shall be null and void.

Nontransferability of Award. During the Performance Restriction Period, the restricted stock units subject to the Award and not then vested may not be transferred by the Employee other than by will, the laws of descent and distribution or pursuant to Section 7(a5(f) of the Plan on a beneficiary designation form approved by the Company. Except as permitted by the foregoing, during the Performance Restriction Period, the restricted stock units subject to the Award 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. Any such attempted sale, transfer, assignment, pledge, hypothecation or encumbrance, or other disposition of such restricted stock units shares shall be null and void.

Nontransferability of Award. During the Performance Restriction Period, the restricted stock units subject to the Award and not then vested may not be transferred by the Employee other than by will, the laws of descent and distribution or pursuant to Section 7(a6(a) of the Plan on a beneficiary designation form approved by the Company. Except as permitted by the foregoing, during the Performance Restriction Period, the restricted stock units subject to the Award 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. Any such attempted sale, transfer, assignment, pledge, hypothecation or encumbrance, or other disposition of such restricted stock units shall be null and void.

Nontransferability of Award. During the Performance Restriction Period, the restricted stock units subject to the Award and not then vested may not be transferred by the Employee Director other than by will, the laws of descent and distribution or pursuant to Section 7(a) of the Plan on a beneficiary designation form attached hereto as Appendix B or in such other form approved by the CompanyCompany from time to time. Except as permitted by the foregoing, during the Performance Restriction Period, the restricted stock units subject to the Award 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. Any Upon any such attempted sale, transfer, assignment, pledge, hypothecation or encumbrancehypothecation, encumbrance or other disposition of such restricted stock units disposition, the Award and all rights hereunder shall be null and void.

Nontransferability of Award. During the Performance Restriction Period, the restricted stock units subject to the Award and not then vested may not be transferred by the Employee Director other than by will, the laws of descent and distribution or pursuant to Section 7(a) of the Plan on a beneficiary designation form attached hereto as Appendix A or in such other form approved by the CompanyCompany from time to time. Except as permitted by the foregoing, during the Performance Restriction Period, the restricted stock units subject to the Award 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. Any Upon any such attempted sale, transfer, assignment, pledge, hypothecation or encumbrancehypothecation, encumbrance or other disposition of such restricted stock units disposition, the Award and all rights hereunder shall be null and void.

Nontransferability of Award. During the Performance Restriction Period, the restricted stock units subject to the Award and not then vested may not be transferred by the Employee Director other than by will, the laws of descent and distribution or pursuant to Section 7(a) 12.5 of the Plan on a beneficiary designation form approved by the Company. Except as permitted by the foregoing, during the Performance Restriction Period, the restricted stock units subject to the Award 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. Any such attempted sale, transfer, assignment, pledge, hypothecation or encumbrance, or other disposition of such restricted stock units shares shall be null and void.