Common use of Limitations Upon Transfer Clause in Contracts

Limitations Upon Transfer. All rights under this Grant shall belong to Participant and may not be transferred, assigned, pledged, or hypothecated in any way (whether by operation of law or otherwise), other than by will or the laws of descent and distribution or pursuant to a “qualified domestic relations order” (as defined by the Internal Revenue Code of 1986, as amended), and shall not be subject to execution, attachment, or similar process. Upon any attempt to transfer, assign, pledge, hypothecate, or otherwise dispose of such rights contrary to the provision in this Grant, or the 2018 Plan, or upon the levy of any attachment or similar process upon such rights, such rights shall immediately become null and void.

Limitations Upon Transfer. All rights under this Grant shall belong to Participant Director and may not be transferred, assigned, pledged, or hypothecated in any way (whether by operation of law or otherwise), other than by will or the laws of descent and distribution or pursuant to a “qualified domestic relations order” (as defined by the Internal Revenue Code of 1986, as amended), and shall not be subject to execution, attachment, or similar process. Upon any attempt to transfer, assign, pledge, hypothecate, or otherwise dispose of such rights contrary to the provision in this Grant, or the 2018 2010 Plan, or upon the levy of any attachment or similar process upon such rights, such rights shall immediately become null and void.

Limitations Upon Transfer. All rights under this Grant shall belong to Participant Employee and may not be transferred, assigned, pledged, or hypothecated in any way (whether by operation of law or otherwise), other than by will or the laws of descent and distribution or pursuant to a “qualified domestic relations order” (as defined by the Internal Revenue Code of 1986, as amended), and shall not be subject to execution, attachment, or similar process. Upon any attempt to transfer, assign, pledge, hypothecate, or otherwise dispose of such rights contrary to the provision in this Grant, or the 2018 2010 Plan, or upon the levy of any attachment or similar process upon such rights, such rights shall immediately become null and void.