Grant is Not Transferable. Except to the limited extent permitted in the event of the Participant’s death, this grant and the rights and privileges conferred hereby shall not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall 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 shall become null and void.
Appears in 6 contracts
Samples: Performance Stock Units Agreement (Monolithic Power Systems Inc), Performance Unit Agreement (Monolithic Power Systems Inc), Performance Unit Agreement (Foxhollow Technologies, Inc.)
Grant is Not Transferable. Except to the limited extent permitted in the event of the Participant’s death, this grant and the rights and privileges conferred hereby shall will not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall 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 shall will become null and void.
Appears in 5 contracts
Samples: Stand Alone Stock Option Agreement, Stock Appreciation Right Agreement (Integrated Silicon Solution Inc), Stock Appreciation Right Agreement (Integrated Silicon Solution Inc)
Grant is Not Transferable. Except to the limited extent permitted in the event of the Participant’s death, this This grant and the rights and privileges conferred hereby shall not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall 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 of 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 shall become null and void.
Appears in 2 contracts
Samples: Restricted Stock Agreement (Infospace Inc), Restricted Stock Agreement (Millennium Cell Inc)
Grant is Not Transferable. Except to the limited extent permitted in the event of the Participant’s death, this grant and the The rights and privileges conferred hereby shall not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall 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 shall will become null and void.
Appears in 1 contract
