Common use of Award Not Transferable Clause in Contracts

Award Not Transferable. The Award may not be transferred other than by will or the applicable laws of descent or distribution or pursuant to a qualified domestic relations order. The Award shall not otherwise be assigned, transferred, or pledged for any purpose whatsoever and is not subject, in whole or in part, to attachment, execution or levy of any kind. Any attempted assignment, transfer, pledge, or encumbrance of the Award, other than in accordance with its terms, shall be void and of no effect.

Appears in 50 contracts

Samples: Restricted Stock Unit Award Agreement (Beacon Roofing Supply Inc), Restricted Stock Unit Award Agreement (Beacon Roofing Supply Inc), Restricted Stock Unit Award Agreement (Beacon Roofing Supply Inc)

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Award Not Transferable. The Award may not be transferred other than by last will and testament or the applicable laws of descent or distribution or pursuant to a qualified valid domestic relations order. The Award shall not otherwise be assigned, transferred, or pledged for any purpose whatsoever and is not subject, in whole or in part, to attachment, execution or levy of any kind. Any attempted assignment, transfer, pledge, or encumbrance of the Award, other than in accordance with its terms, shall be void and of no effect.

Appears in 17 contracts

Samples: 2024 Restricted Stock Unit Award Agreement (Newell Brands Inc.), Brands Rsu Award (Newell Brands Inc.), 2023 Restricted Stock Unit Award Agreement (Newell Brands Inc.)

Award Not Transferable. The Award may not be transferred other than by last will and testament or the applicable laws of descent or distribution or pursuant to a qualified domestic relations order. The Award shall not otherwise be assigned, transferred, or pledged for any purpose whatsoever and is not subject, in whole or in part, to attachment, execution or levy of any kind. Any attempted assignment, transfer, pledge, or encumbrance of the Award, other than in accordance with its terms, shall be void and of no effect.

Appears in 11 contracts

Samples: 2019 Restricted Stock Unit Award Agreement (Newell Brands Inc), 2018 Restricted Stock Unit Award Agreement (Newell Brands Inc), 2018 Restricted Stock Unit Award Agreement (Newell Brands Inc)

Award Not Transferable. The Award may not be transferred other than by last will and testament or the applicable laws of descent or distribution or pursuant to a qualified domestic - 4 - May 2013 relations order. The Award shall not otherwise be assigned, transferred, or pledged for any purpose whatsoever and is not subject, in whole or in part, to attachment, execution or levy of any kind. Any attempted assignment, transfer, pledge, or encumbrance of the Award, other than in accordance with its terms, shall be void and of no effect.

Appears in 1 contract

Samples: Plan 2013 Restricted Stock Unit Award Agreement (Newell Rubbermaid Inc)

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Award Not Transferable. The Award may not be transferred other than by will or the applicable laws of descent or distribution or pursuant to a qualified domestic relations order. The Award shall not otherwise be assigned, transferred, or pledged for any purpose whatsoever and is not subject, in whole or in part, to attachment, execution or levy of any kind. Any attempted assignment, transfer, pledge, or encumbrance of the Award, other than in accordance with its terms, shall be void and of no effect.. EXHIBIT 10.7

Appears in 1 contract

Samples: Non Employee Director Restricted Stock Unit (Newell Brands Inc.)

Award Not Transferable. The Award may not be transferred other than by will or the applicable laws of descent or distribution or pursuant to a qualified domestic relations order. The Award shall not otherwise be assigned, transferred, or pledged for any purpose whatsoever and is not subject, in whole or in part, to attachment, execution or levy of any kind. Any attempted assignment, transfer, pledge, or encumbrance of the Award, other than in accordance with its terms, shall be void and of no effect.. EXHIBIT 10.6

Appears in 1 contract

Samples: Newell Brands Rsu Award (Newell Brands Inc.)

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