Common use of Restrictions on Transfer Clause in Contracts

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the Corporation, or (b) transfers by will or the laws of descent and distribution.

Appears in 81 contracts

Samples: Stock Unit Award Agreement (Alaska Air Group Inc), Term Incentive Plan Performance Stock Unit Award Agreement (Mentor Corp /Mn/), Performance Stock Unit Award Agreement (Alaska Air Group Inc)

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Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the Corporation, or (b) transfers by will or the laws of descent and distribution, or (c) transfers pursuant to a QDRO order if approved or ratified by the Compensation Committee.

Appears in 12 contracts

Samples: 2008 Stock Incentive Plan (Golden State Water CO), Performance Award Agreement (Golden State Water CO), 2016 Stock Incentive Plan (Golden State Water CO)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof (until such shares underlying the Award have been issued) may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the CorporationCompany, or (b) transfers by will or the laws of descent and distribution.

Appears in 12 contracts

Samples: Restricted Share Unit Award Agreement (Norwegian Cruise Line Holdings Ltd.), Restricted Share Unit Award Agreement (Norwegian Cruise Line Holdings Ltd.), Restricted Share Unit Award Agreement (NCL CORP Ltd.)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the CorporationCompany, or (b) transfers by will or the laws of descent and distribution.

Appears in 11 contracts

Samples: Performance Stock Unit Agreement (DealerTrack Holdings, Inc.), Performance Stock Unit Agreement, Stock Unit Award Agreement (Exar Corp)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the Corporation, or (b) transfers by will or the laws of descent and distribution, or (c) transfers pursuant to a QDRO order if approved or ratified by the Committee.

Appears in 7 contracts

Samples: Restricted Stock Unit Award Agreement (Golden State Water CO), Restricted Stock Unit Award Agreement (Golden State Water CO), Restricted Stock Unit Award Agreement (American States Water Co)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the CorporationAir Group, or (b) transfers by will or the laws of descent and distribution.

Appears in 4 contracts

Samples: Stock Unit Award Agreement (Alaska Air Group Inc), Performance Stock Unit Award Agreement (Alaska Air Group Inc), Performance Stock Unit Award Agreement (Alaska Air Group Inc)

Restrictions on Transfer. Neither Unless otherwise determined by the Committee, neither the Award, nor any interest therein or amount or shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the Corporation, or (b) transfers by will or the laws of descent and distribution.

Appears in 3 contracts

Samples: Employment Agreement (Molina Healthcare Inc), Performance Stock Unit Award Agreement (Molina Healthcare Inc), Performance Stock Unit Award Agreement (Molina Healthcare Inc)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the Corporation, or (b) transfers by will or the laws of descent and distribution, or (c) transfers pursuant to a Qualified Domestic Relations Order if approved or ratified by the Committee.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Golden State Water CO), Restricted Stock Unit Award Agreement (American States Water Co)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof thereof, may be sold, assigned, transferred, pledged hypothecated, pledged, exchanged, charged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the Corporation, Company or (b) transfers by will or the laws of descent and distribution.

Appears in 2 contracts

Samples: Restricted Share Unit Award Agreement (AdvancePierre Foods Holdings, Inc.), Restricted Share Unit Award Agreement (AdvancePierre Foods Holdings, Inc.)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or of shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the CorporationCompany, or (b) transfers by will or the laws of descent and distribution.

Appears in 2 contracts

Samples: Stock Unit Agreement, Performance Stock Unit Agreement

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Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof (until such shares underlying the Award have been issued) may ​ be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the CorporationCompany, or (b) transfers by will or the laws of descent and distribution.

Appears in 2 contracts

Samples: Restricted Share Unit Award Agreement (NCL CORP Ltd.), Restricted Share Unit Award Agreement (Norwegian Cruise Line Holdings Ltd.)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares Shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the CorporationCompany, or (b) transfers by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Indie Semiconductor, Inc.

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the Corporation, or (b) transfers by will or the laws of descent and distribution.the

Appears in 1 contract

Samples: Company 2016 Stock Incentive Plan 2024 Performance Award Agreement (Golden State Water CO)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof (prior to the time such shares are actually issued and held of record by the Participant) may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the Corporation, or (b) transfers by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Director Restricted Stock Unit Award Agreement (International Game Technology)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the Corporation, or (b) transfers by will or the laws of descent and distribution.

Appears in 1 contract

Samples: 2004 Performance Award Plan Restricted Stock Unit Award Agreement (Univision Communications Inc)

Restrictions on Transfer. Neither the Award, nor any interest therein or amount or shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the CorporationCompany, or (b) transfers by will or the laws of descent and distribution. 7.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Healthcare Realty Trust Inc)

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