Common use of Restrictions on Transfer Clause in Contracts

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise (collectively “transfer”) any RSUs, or any interest therein, except by will or the laws of descent and distribution.

Appears in 64 contracts

Samples: Restricted Stock Unit Agreement (First Marblehead Corp), Restricted Stock Unit Agreement (Thermo Fisher Scientific Inc.), Restricted Stock Unit Agreement (First Marblehead Corp)

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Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate hypothecate, encumber or otherwise dispose of, by operation of law or otherwise (collectively “transfer”) any RSUs, or any interest therein, except by will . The Company shall not be required to treat as the owner of any RSUs or issue any Common Stock to any transferee to whom such RSUs have been transferred in violation of any of the laws provisions of descent and distributionthis Agreement.

Appears in 46 contracts

Samples: Employment Agreement (Schrodinger, Inc.), Restricted Stock Unit Agreement (Verve Therapeutics, Inc.), Restricted Stock Unit Agreement (Karyopharm Therapeutics Inc.)

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise (collectively “transfer”) any RSUs, or any interest therein, except by will . The Company shall not be required to treat as the owner of any RSUs or issue any Common Stock to any transferee to whom such RSUs have been transferred in violation of any of the laws provisions of descent and distributionthis Agreement.

Appears in 21 contracts

Samples: Restricted Stock Unit Agreement (Casa Systems Inc), Restricted Stock Unit Agreement (Casa Systems Inc), Restricted Stock Unit Agreement (Agios Pharmaceuticals Inc)

Restrictions on Transfer. (a) The Participant shall not sell, assign, transfer, pledge, hypothecate pledge or otherwise dispose ofencumber any RSUs, either voluntarily or by operation of law or otherwise (collectively “transfer”) any RSUs, or any interest therein, except by will or the laws of descent and distributionlaw.

Appears in 18 contracts

Samples: 2006 Stock Incentive Plan (Analog Devices Inc), Restricted Stock Unit Agreement (Analog Devices Inc), 2006 Stock Incentive Plan Global Restricted Stock Unit Agreement (Analog Devices Inc)

Restrictions on Transfer. The Participant shall may not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, of by operation of law or otherwise (collectively “transfer”) otherwise, any RSUs, or any interest therein, except by will or the laws of descent and distribution.

Appears in 14 contracts

Samples: Employee Restricted Stock Unit Agreement (Idexx Laboratories Inc /De), Director Restricted Stock Unit Agreement (Idexx Laboratories Inc /De), Restricted Stock Unit Agreement (Idexx Laboratories Inc /De)

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate hypothecate, encumber or otherwise dispose of, by operation of law or otherwise (collectively “transfer”) any RSUs, or any interest therein. The Company shall not be required to treat as the owner of any RSUs or issue any Common Stock or make any cash payment, except by will or to any transferee to whom such RSUs have been transferred in violation of any of the laws provisions of descent and distributionthis Agreement.

Appears in 14 contracts

Samples: Microstrategy Incorporated (MICROSTRATEGY Inc), Restricted Stock Unit Agreement (MICROSTRATEGY Inc), Microstrategy Incorporated (MICROSTRATEGY Inc)

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose ofencumber, by operation of law or otherwise (collectively “transfer”) otherwise, any RSUs, or any interest therein, except by will or until such RSUs have vested and the laws of descent and distributionShares underlying the RSUs have been issued.

Appears in 9 contracts

Samples: Restricted Stock Unit Agreement (OvaScience, Inc.), Restricted Stock Unit Agreement (OvaScience, Inc.), Restricted Stock Unit Agreement (Verastem, Inc.)

Restrictions on Transfer. (a) The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise (collectively “transfer”) any RSUs, or any interest therein, except by will or until such RSUs have vested and the laws Shares issuable with respect thereto have been distributed in accordance with Section 4 of descent and distributionthis Agreement.

Appears in 8 contracts

Samples: Restricted Stock Unit Agreement (TechTarget Inc), Restricted Stock Unit Agreement (TechTarget Inc), Restricted Stock Unit Agreement (TechTarget Inc)

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise (collectively “transfer”) any RSUs, or any interest therein, except by will or ; provided that the laws Participant may transfer the RSUs to the extent necessary to fulfill a domestic relations order (as defined in Section 414(p)(1)(B) of descent and distributionthe Code).

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (MKS Instruments Inc), Restricted Stock Unit Agreement (MKS Instruments Inc), Restricted Stock Unit Agreement (MKS Instruments Inc)

Restrictions on Transfer. The Participant shall may not sell, assign, transfer, pledge, hypothecate pledge as security or otherwise dispose oftransfer or encumber the unvested RSUs, whether voluntary or involuntary, and if involuntary, whether by operation process of law in any civil or otherwise (collectively “transfer”) any RSUscriminal suit, action or any interest thereinproceeding, except by will whether in the nature of an insolvency or the laws of descent and distributionbankruptcy proceeding or otherwise.

Appears in 5 contracts

Samples: Restricted Share Unit Award Agreement (Bio-Path Holdings Inc), Restricted Share Unit Award Agreement (Bio-Path Holdings Inc), Restricted Share Unit Award Agreement (Bio-Path Holdings Inc)

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise (collectively “transfer”) any RSUs, or any interest therein, except by will or the laws of descent and distribution, and any such purported transfer shall be null and void and of no force or effect, unless otherwise determined by the Company.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (LogMeIn, Inc.), Restricted Stock Unit Agreement (LogMeIn, Inc.), Restricted Stock Unit Agreement (LogMeIn, Inc.)

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate hypothecate, encumber or otherwise dispose of, by operation of law or otherwise (collectively “transfer”) any RSUs, or any interest therein, except by will . The Company shall not be required to treat as the owner of any RSUs or the laws of descent and distribution.issue

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Aileron Therapeutics Inc), Restricted Stock Unit Agreement (Aileron Therapeutics Inc), Restricted Stock Unit Agreement (Ameresco, Inc.)

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise (collectively "transfer") any RSUs, or any interest therein, except by will or the laws of descent and distribution.

Appears in 3 contracts

Samples: Aspen Technology Inc /De/, Akamai Technologies Inc, Akamai Technologies Inc

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise (collectively “transfer”) any RSUsPSUs, or any interest therein, except by will or the laws of descent and distribution.

Appears in 3 contracts

Samples: Casella Waste Systems Inc, Casella Waste Systems Inc, Cynosure Inc

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate hypothecate, or otherwise dispose of, by operation of law or otherwise (collectively “transfer”) any RSUs, or any interest therein, except by will or the laws of descent and distribution.

Appears in 3 contracts

Samples: Performance Restricted Stock Unit Agreement (Thermo Fisher Scientific Inc.), Restricted Stock Unit Agreement (Thermo Fisher Scientific Inc.), Performance Restricted Stock Unit Agreement (Thermo Fisher Scientific Inc.)

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Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, encumber by operation of law or otherwise (collectively “transfer”) any RSUs, or any interest therein, except by will or the laws of descent and distribution.

Appears in 2 contracts

Samples: Kronos Incorporated (Kronos Inc), Kronos Incorporated (Kronos Inc)

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise (collectively “transfer”) any RSUs, or any interest therein, except by will or the laws of descent and distribution.distribution the RSU Award or Dividend Equivalent Rights granted herein..

Appears in 2 contracts

Samples: Equity Incentive Plan (Portage Biotech Inc.), Portage Biotech Inc.

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise (collectively “transfer”) ), any RSUs, or any interest therein, except by will . The Company shall not be required to treat as the owner of any RSUs or issue any Class A Common Stock to any transferee to whom such RSUs have been transferred in violation of any of the laws provisions of descent and distributionthis Agreement.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (EverQuote, Inc.), Restricted Stock Unit Agreement (EverQuote, Inc.)

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise (collectively “transfer”) any RSUs, or any interest therein, except by will or ; provided that the laws Participant may transfer the RSUs to the extent necessary to fulfill a domestic relations order (as defined in section 414(p)(1)(B) of descent and distributionthe Code).

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (MKS Instruments Inc)

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise (collectively "transfer") any RSUs, or any interest therein, except by will will, trust, or the laws of descent and distribution.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Unica Corp)

Restrictions on Transfer. (a) The Participant shall not sell, assign, transfer, pledge, hypothecate pledge or otherwise dispose ofencumber any RSUs, either voluntarily or by operation of law or otherwise (collectively “transfer”) any RSUs, or any interest thereinlaw, except by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Employment Agreement (Analog Devices Inc)

Restrictions on Transfer. a. The Participant shall may not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, of by operation of law or otherwise (collectively “transfer”) otherwise, any RSUs, or any interest therein, except by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Employee Leveraged Restricted Stock Unit Agreement (Idexx Laboratories Inc /De)

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate hypothecate, encumber or otherwise dispose of, either voluntarily or by operation of law or otherwise (collectively “transfer”) any RSUs, or any interest therein, except by will or the laws of descent and distribution. The Company shall not be required to treat as the owner of any RSUs or issue any Common Stock to any transferee to whom such RSUs have been transferred in violation of any of the provisions of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Schrodinger, Inc.)

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise (collectively “transfer”) any RSUsDSUs, or any interest therein, except by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Stock Unit Agreement (First Marblehead Corp)

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