Common use of Grant is Not Transferable Clause in Contracts

Grant is Not Transferable. Except to the limited extent provided in Section 6, the unvested Shares subject to 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 any unvested Shares of Restricted Stock subject to 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 43 contracts

Samples: Restricted Stock Award Agreement (RealPage, Inc.), Restricted Stock Award Agreement (RealPage, Inc.), Restricted Stock Award Agreement (RealPage, Inc.)

AutoNDA by SimpleDocs

Grant is Not Transferable. Except to the limited extent provided in Section 6this Agreement, the unvested Shares subject to 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 any unvested Shares of Restricted Stock subject to 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 9 contracts

Samples: Restricted Stock Agreement (Applied Materials Inc /De), Restricted Stock Agreement (Carrier Access Corp), Restricted Stock Agreement (Applied Materials Inc /De)

Grant is Not Transferable. Except to the limited extent provided in Section 6paragraph 7 above, the unvested Shares subject to this grant of Performance Shares and the rights and privileges conferred hereby will may not be transferredsold, pledged, assigned, pledged hypothecated, transferred or hypothecated in disposed of any way (whether by operation of law or otherwise) and will may not be subject to sale under execution, attachment or similar process, until you have been issued the Shares. Upon any attempt to transfersell, pledge, assign, pledgehypothecate, hypothecate transfer or otherwise dispose of any unvested Shares of Restricted Stock subject to 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 8 contracts

Samples: Performance Share Award Agreement (Echelon Corp), Performance Share Award Agreement (Echelon Corp), Performance Share Agreement (Echelon Corp)

Grant is Not Transferable. Except to the limited extent provided in Section 6, the unvested Shares Restricted Stock Units subject to 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 any unvested Shares of Restricted Stock Units subject to 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 6 contracts

Samples: Global Performance Vested Restricted Stock Unit Award Agreement (Amkor Technology, Inc.), Global Performance Vested Restricted Stock Unit Award Agreement (Amkor Technology, Inc.), Global Performance Vested Restricted Stock Unit Award Agreement (Amkor Technology, Inc.)

Grant is Not Transferable. Except to the limited extent provided in Section 6paragraph 7 above, the unvested Shares subject to this grant of Performance Shares and the rights and privileges conferred hereby will not be transferredsold, pledged, assigned, pledged hypothecated, transferred or hypothecated in disposed of any way (whether by operation of law or otherwise) and will not be subject to sale under execution, attachment or similar process, until you have been issued the Shares. Upon any attempt to transfersell, pledge, assign, pledgehypothecate, hypothecate transfer or otherwise dispose of any unvested Shares of Restricted Stock subject to 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 5 contracts

Samples: Performance Share Agreement (Echelon Corp), Performance Share Agreement (Echelon Corp), Performance Share Agreement (Echelon Corp)

Grant is Not Transferable. Except to the limited extent provided in Section 65, the unvested Shares of Restricted Stock subject to 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 any unvested Shares of Restricted Stock subject to 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 4 contracts

Samples: Global Non Employee Director Restricted Stock Award Agreement (Amkor Technology, Inc.), Global Restricted Stock Award Agreement (Amkor Technology, Inc.), Global Outside Director Restricted Stock Award Agreement (Amkor Technology, Inc.)

Grant is Not Transferable. Except to the limited extent provided in Section 67, the unvested Shares subject to 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 any unvested Shares of Restricted Stock subject to 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 4 contracts

Samples: Restricted Stock Award Agreement (SmartMetric, Inc.), Restricted Stock Award Agreement (Social Reality), Restricted Stock Award Agreement (Neuralstem, Inc.)

Grant is Not Transferable. Except to the limited extent provided in Section 6, the unvested Shares subject to this grant 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 any unvested Shares of represented by the Restricted Stock subject to this grantGrant, or any right or privilege conferred hereby, or upon any attempted sale under any execution, attachment or similar process, this grant Grant and the rights and privileges conferred hereby immediately will become null and void.

Appears in 4 contracts

Samples: Restricted Stock Agreement (Silver Bay Realty Trust Corp.), Restricted Stock Agreement (Silver Bay Realty Trust Corp.), Restricted Stock Agreement (Silver Bay Realty Trust Corp.)

Grant is Not Transferable. Except to the limited extent provided in Section 65, the unvested Shares subject to 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 any unvested Shares of Restricted Stock subject to 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 2 contracts

Samples: Restricted Stock Award Agreement (Amkor Technology, Inc.), Restricted Stock Award Agreement (Amkor Technology Inc)

Grant is Not Transferable. Except to the limited extent provided in Section 6Paragraph 6 above, the unvested Shares subject to 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 any unvested Shares of Restricted Stock subject to 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 2 contracts

Samples: Restricted Stock Agreement (Taleo Corp), Restricted Stock Agreement (Taleo Corp)

AutoNDA by SimpleDocs

Grant is Not Transferable. Except to the limited extent provided in Section 6paragraph 7 above, the unvested Shares subject to 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 any unvested Shares of Restricted Stock subject to 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 1 contract

Samples: Restricted Stock Agreement (E Piphany Inc)

Grant is Not Transferable. Except to the limited extent provided in Section 6, the unvested Shares Restricted Stock subject to 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 any unvested Shares of Restricted Stock subject to 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 1 contract

Samples: Restricted Stock Award Agreement (China Biologic Products, Inc.)

Grant is Not Transferable. Except to the limited extent provided in Section 6this Agreement, the unvested Shares subject to this grant and the rights and privileges conferred hereby will shall not be transferredsold, pledged, assigned, pledged hypothecated, transferred or hypothecated disposed of in any way (whether by operation of law or otherwise) and will shall not be subject to sale under execution, attachment or similar process. Upon any attempt to sell, pledge, transfer, assign, pledge, hypothecate or otherwise dispose of any unvested Shares of Restricted Stock subject to 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 1 contract

Samples: Restricted Stock Agreement (Applied Materials Inc /De)

Grant is Not Transferable. Except to the limited extent provided in Section 6, the unvested Shares subject to this grant and the rights and privileges conferred hereby will not be transferred, assigned, pledged or hypothecated hypothecated, in each case by Participant or the transferee pursuant to Section 6, 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 by Participant or transferee pursuant to Section 6 to transfer, assign, pledge, hypothecate or otherwise dispose of any unvested Shares of Restricted Stock subject to 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 1 contract

Samples: Global Restricted Stock Unit Award Agreement (Splunk Inc)

Grant is Not Transferable. Except to the limited extent provided in Section 6Paragraph 7 above, the unvested Shares subject to 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 any unvested Shares of Restricted Stock subject to 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 1 contract

Samples: Restricted Stock Agreement (Polycom Inc)

Grant is Not Transferable. Except to the limited extent provided in Section 65, the unvested Shares subject to 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 may not be subject to sale under execution, attachment or similar process. Upon any attempt to transfer, assign, pledge, hypothecate or otherwise dispose of any unvested Shares of Restricted Stock subject to 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 1 contract

Samples: Restricted Stock Award Agreement (Oak Valley Bancorp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!