Common use of Transfer Prohibited Clause in Contracts

Transfer Prohibited. Executive may not sell, assign, transfer, pledge or otherwise encumber (or make any other Disposition of) any Restricted Share Units, except upon the death of Executive. Upon any attempted Disposition in violation of this Section 3.3, the Restricted Share Units shall immediately become null and void. In addition, as set forth in Section 3.5 of this Agreement, each Share delivered pursuant to this Agreement is subject to the Plan.

Appears in 2 contracts

Samples: Management Equity Award Agreement (Travelport LTD), Management Equity Award Agreement (Travelport LTD)

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Transfer Prohibited. Executive may not sell, assign, transfer, pledge or otherwise encumber (or make any other Disposition of) any Restricted Share Units, except upon the death of Executive. Upon any attempted Disposition in violation of this Section 3.33.2, the Restricted Share Units shall immediately become null and void. In addition, as set forth in Section 3.5 3.4 of this Agreement, each Share delivered pursuant to this Agreement (whether pursuant to Restricted Share Units or the Share Bonus Award) is subject to the Plan.

Appears in 2 contracts

Samples: Management Equity Award Agreement (Travelport LTD), Management Equity Award Agreement (Travelport LTD)

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Transfer Prohibited. Executive may not sell, assign, transfer, pledge or otherwise encumber (or make any other Disposition of) any Restricted Share Units, except upon the death of Executive. Upon any attempted Disposition in violation of this Section 3.33.2, the Restricted Share Units shall immediately become null and void. In addition, as set forth in Section 3.5 3.4 of this Agreement, each Share delivered pursuant to this Agreement is subject to the Plan.

Appears in 1 contract

Samples: Management Equity Award Agreement (Travelport LTD)

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