Common use of Restriction on Transferability Clause in Contracts

Restriction on Transferability. Except to the extent otherwise provided in the Plan, the Awards may not be sold, transferred, pledged, assigned, or otherwise alienated at any time. Any attempt to do so contrary to the provisions hereof shall be null and void.

Appears in 3 contracts

Samples: Option and Restricted Stock Unit Agreement (Grainger W W Inc), Stock Option Agreement (Grainger W W Inc), Restricted Stock Unit Agreement (Grainger W W Inc)

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Restriction on Transferability. Except to the extent otherwise provided in the Plan, the Awards This Award may not be sold, transferred, pledged, assigned, assigned or otherwise alienated at any time. Any attempt to do so contrary to the provisions hereof shall be null and void.

Appears in 3 contracts

Samples: Form of Share Unit Award Agreement (TBS International LTD), Share Unit Award Agreement (TBS International LTD), Share Unit Award Agreement (TBS International PLC)

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Restriction on Transferability. Except Until an Award is made as provided above, rights to the extent otherwise provided in the Plan, the Awards such Award may not be sold, transferred, pledged, assigned, or otherwise alienated at any time. Any attempt to do so contrary to the provisions hereof shall be null and void.

Appears in 1 contract

Samples: Contingent Award Agreement (First Defiance Financial Corp)

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