Common use of Award is Not Transferable Clause in Contracts

Award is Not Transferable. Except to the limited extent provided in Section 6, this award of Restricted Stock Units and the rights and privileges conferred hereby will not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and will not be subject to sale under execution, attachment or similar process. Upon any attempt to transfer, assign, pledge, hypothecate or otherwise dispose of this award of Restricted Stock Units, or any right or privilege conferred hereby, or upon any attempted sale under any execution, attachment or similar process, this award of Restricted Stock Units and the rights and privileges conferred hereby immediately will become null and void.

Award is Not Transferable. Except to the limited extent provided in Section 6, this award Award of Restricted Stock Units and the rights and privileges conferred hereby will not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and will not be subject to sale under execution, attachment or similar process. Upon any attempt to transfer, assign, pledge, hypothecate or otherwise dispose of this award Award of Restricted Stock Units, or any right or privilege conferred hereby, or upon any attempted sale under any execution, attachment or similar process, this award Award of Restricted Stock Units and the rights and privileges conferred hereby immediately will become null and void.