Common use of RSUs Not Transferable Clause in Contracts

RSUs Not Transferable. Subject to Section 15 of the Plan, none of the RSUs nor any interest therein or in any Common Stock underlying such RSUs shall be transferable prior to the issuance of Common Stock on the applicable Settlement Date, other than by will or the laws of descent and distribution.

Appears in 3 contracts

Samples: Restricted Stock Units Agreement (Super Micro Computer, Inc.), Restricted Stock Units Agreement (Super Micro Computer, Inc.), Restricted Stock Units Agreement (Super Micro Computer, Inc.)

AutoNDA by SimpleDocs

RSUs Not Transferable. Subject to Section 15 16 of the Plan, prior to payment, none of the RSUs nor any interest therein or nor in any shares of Common Stock underlying such RSUs shall will be transferable prior to the issuance of Common Stock on the applicable Settlement Date, other than by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Om Group Inc)

AutoNDA by SimpleDocs

RSUs Not Transferable. Subject to Section 15 16 of the Plan, prior to payment, none of the RSUs nor any interest therein or nor in any Common Stock underlying such RSUs shall will be transferable prior to the issuance of Common Stock on the applicable Settlement Date, other than by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Om Group Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.