Common use of Award Not Transferable Clause in Contracts

Award Not Transferable. This grant 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 grant, or any right or privilege conferred hereby, or upon any attempted sale under any execution, attachment or similar process, this grant and the rights and privileges conferred hereby immediately will become null and void.

Appears in 7 contracts

Samples: Equity Plan (Alliance HealthCare Services, Inc), Restricted Stock Unit Award Agreement (Alliance HealthCare Services, Inc), Restricted Stock Unit Award Agreement (Ebay Inc)

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Award Not Transferable. This grant Award 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 grantAward, or any right or privilege conferred hereby, or upon any attempted sale under any execution, attachment or similar process, this grant Award and the rights and privileges conferred hereby immediately will become null and void.

Appears in 6 contracts

Samples: Restricted Stock Unit Award Agreement (Ebay Inc), Restricted Stock Unit Award Agreement (PayPal Holdings, Inc.), Performance Stock Unit Award Agreement (Ebay Inc)

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Award Not Transferable. This grant Award 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 grantAward, or any right or privilege conferred hereby, or upon any attempted sale under any execution, attachment or similar process, this grant Award and the rights and privileges conferred hereby immediately will become null and void. 8.

Appears in 2 contracts

Samples: Share Unit Award Agreement, Award Agreement

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