Nontransferability of the Award. Prior to the Settlement Date, neither this Award nor any Restricted Stock Unit subject to this Award shall be subject in any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, or garnishment by creditors of the Participant or the Participant’s beneficiary, except by will or by the laws of descent and distribution.
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (Cohu Inc), Restricted Stock Unit Agreement (Cohu Inc)
Nontransferability of the Award. Prior to the Settlement Date, neither this Award nor any Restricted Stock Unit Performance Shares subject to this Award shall be subject in any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, or garnishment by creditors of the Participant or the Participant’s beneficiary, except by will or by the laws of descent and distribution.
Appears in 2 contracts
Samples: Performance Share Award Agreement (Invitrogen Corp), Performance Share Award Agreement (Invitrogen Corp)
Nontransferability of the Award. Prior to the Settlement Date, neither this Award nor any Restricted Stock Unit subject to this Award shall be subject in any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, or garnishment by creditors of the Participant Director or the ParticipantDirector’s beneficiary, except by will or by the laws of descent and distribution.
Appears in 1 contract
Nontransferability of the Award. Prior to the Settlement Date, neither this Award nor any Restricted Deferred Stock Unit subject to this Award shall be subject in any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, or garnishment by creditors of the Participant or the Participant’s beneficiary, except by will or by the laws of descent and distribution.
Appears in 1 contract
Samples: Deferred Stock Agreement (Cohu Inc)