Common use of Nontransferability of the Award Clause in Contracts

Nontransferability of the Award. This Award shall not be transferable by the Grantee otherwise than by will or the laws of descent and distribution or as otherwise expressly permitted pursuant to the Plan.

Appears in 5 contracts

Samples: Restricted Stock Unit Award Agreement (Faro Technologies Inc), Restricted Stock Unit Award Agreement (Faro Technologies Inc), Restricted Stock Unit Award Agreement (Faro Technologies Inc)

AutoNDA by SimpleDocs

Nontransferability of the Award. This Award shall will not be transferable by the Grantee you otherwise than by will or the laws of descent and distribution or as otherwise expressly permitted pursuant to the Planthis Agreement.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Faro Technologies Inc), Restricted Stock Unit Award Agreement (Faro Technologies Inc)

AutoNDA by SimpleDocs

Nontransferability of the Award. This Award shall not be transferable by the Grantee otherwise than by will or the laws of descent and distribution or as otherwise expressly permitted pursuant to the Plandistribution.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Faro Technologies Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.