Common use of Restrictions on Transfer and Pledge Clause in Contracts

Restrictions on Transfer and Pledge. No right or interest of Grantee in the Units or in any Dividend Equivalents may be pledged, encumbered, or hypothecated or be made subject to any lien, obligation, or liability of Grantee to any other party other than the Company or an Affiliate. Neither the Units nor any accumulated Dividend Equivalents may be sold, assigned, transferred or otherwise disposed of by Grantee other than by will or the laws of descent and distribution.

Restrictions on Transfer and Pledge. No right or interest of Grantee in the Units or in any Dividend Equivalents may be pledged, encumbered, or hypothecated or be made subject to any lien, obligation, or liability of Grantee to any other party other than the Company or an affiliate thereof (“Affiliate”). Neither the The Units nor any accumulated Dividend Equivalents may not be sold, assigned, transferred or otherwise disposed of by Grantee other than by will or the laws of descent and distributionGrantee.

Restrictions on Transfer and Pledge. No right or interest of Grantee in the Units or in any Dividend Equivalents may be pledged, encumbered, or hypothecated to or in favor of any party, or shall be made subject to any lien, obligation, or liability of Grantee to any other party other than the Company party. The Units are not assignable or an Affiliate. Neither the Units nor any accumulated Dividend Equivalents may be sold, assigned, transferred or otherwise disposed of transferable by Grantee other than by will shall or the laws of descent and distribution.

Restrictions on Transfer and Pledge. No right or interest of Grantee in the Units or in any Dividend Equivalents may be pledged, encumbered, or hypothecated to or in favor of any party other than the Company or an affiliate, or shall be made subject to any lien, obligation, or liability of Grantee to any other party other than the Company or an Affiliateaffiliate. Neither the The Units nor any accumulated Dividend Equivalents may be sold, assigned, transferred are not assignable or otherwise disposed of transferable by Grantee other than by will or the laws of descent and distribution.

Restrictions on Transfer and Pledge. No right or interest of the Grantee in the Units or in any and Dividend Equivalents Units may be pledged, encumbered, or hypothecated to or in favor of any party other than the Company or an affiliate, or shall be made subject to any lien, obligation, or liability of Grantee to any other party other than the Company or an Affiliate. Neither the Units nor any accumulated Dividend Equivalents may be sold, assigned, transferred or otherwise disposed of by Grantee other than by will or the laws of descent and distributionaffiliate.

Restrictions on Transfer and Pledge. No right or interest of Grantee in the Units or in any Dividend Equivalents may be pledged, encumbered, or hypothecated to or in favor of any party, or shall be made subject to any lien, obligation, or liability of Grantee to any other party other than the Company party. The Units are not assignable or an Affiliate. Neither the Units nor any accumulated Dividend Equivalents may be sold, assigned, transferred or otherwise disposed of transferable by Grantee other than by will or the laws of descent and distribution.

Restrictions on Transfer and Pledge. No right or interest of Grantee in the Units or in any Dividend Equivalents may be pledged, encumbered, or hypothecated or be made subject to any lien, obligation, or liability of Grantee to any other party other than the Company Corporation or an Affiliate. Neither the Units nor any accumulated Dividend Equivalents may be sold, assigned, transferred or otherwise disposed of by Grantee other than by will or the laws of descent and distribution.

Restrictions on Transfer and Pledge. No right or interest of Grantee in the Units or in any Dividend Equivalents may be pledged, encumbered, or hypothecated to or in favor of any party other than the Company or an Affiliate, or shall be made subject to any lien, obligation, or liability of Grantee to any other party other than the Company or an Affiliate. Neither the The Units nor any accumulated Dividend Equivalents may be sold, assigned, transferred are not assignable or otherwise disposed of transferable by Grantee other than to a beneficiary or by will or the laws of descent and distribution.

Restrictions on Transfer and Pledge. No right or interest of Grantee in the Units or in any Dividend Equivalents may be pledged, encumberedhypothecated or otherwise encumbered to or in favor of any party other than the Company or an Affiliate, or hypothecated or be made subject subjected to any lien, obligation, obligation or liability of Grantee to any other party other than the Company or an Affiliate. Neither the Units nor any accumulated Dividend Equivalents may be sold, assigned, transferred are not assignable or otherwise disposed of transferable by Grantee other than by will or the laws of descent and distribution; but the Committee may permit other transfers in accordance with the Plans.

Restrictions on Transfer and Pledge. No right or interest of Grantee in the Units or in any Dividend Equivalents may be pledged, encumbered, or hypothecated to or in favor of any party, or shall be made subject to any lien, obligation, or liability of Grantee to any other party other than the Company party. The Units are not assignable or an Affiliate. Neither the Units nor any accumulated Dividend Equivalents may be sold, assigned, transferred or otherwise disposed of transferable by Grantee other than by will shall or the laws of descent and distribution.. 2023 Form of Award Agreement

Restrictions on Transfer and Pledge. No right or interest of Grantee in the Units or in any Dividend Equivalents may be pledged, encumbered, or hypothecated or be made subject to any lien, obligation, or liability of Grantee to any other party other than the Company Corporation or an Affiliate. Neither the Units nor any accumulated Dividend Equivalents may be sold, assigned, transferred or otherwise disposed of by Grantee other than by will or the laws of descent and distribution. 6.

Restrictions on Transfer and Pledge. No right or interest of Grantee in the Units or in any Dividend Equivalents may be pledged, encumbered, or hypothecated to or in favor of any party other than the Company or an affiliate, or shall be made subject to any lien, obligation, or liability of Grantee to any other party other than the Company or an Affiliateaffiliate. Neither the The Units nor any accumulated Dividend Equivalents may be sold, assigned, transferred are not assignable or otherwise disposed of transferable by Grantee other than by will or the laws of descent and distributiondistribution or pursuant to a domestic relations order that would satisfy Section 414(p)(1)(A) of the Code; but the Committee may permit other transfers.

Restrictions on Transfer and Pledge. No right or interest of Grantee in the Units or in any Dividend Equivalents may be pledged, encumbered, or hypothecated to or in favor of any party, or shall be made subject to any lien, obligation, or liability of Grantee to any other party other than the Company party. The Units are not assignable or an Affiliate. Neither the Units nor any accumulated Dividend Equivalents may be sold, assigned, transferred or otherwise disposed of transferable by Grantee other than by will shall or the laws of descent and distribution. 8.