Non-Transferability of Agreement. This Agreement is personal and neither the Shares nor any rights hereunder may be transferred, assigned, pledged or hypothecated by Participant in any way (whether by operation of law or otherwise), other than by will or the laws of descent and distribution, nor shall any such rights be subject to execution, attachment or similar process. Upon any attempt by Participant to transfer, assign, pledge, hypothecate or otherwise dispose of Participant’s rights under this Agreement contrary to the provisions hereof, or upon the levy of any attachment or similar process upon such rights, any such rights shall, at the election of the Company, become null and void.
Appears in 7 contracts
Samples: Restricted Stock Agreement (Gordon Biersch Brewery Restaurant Group, Inc.), Restricted Stock Agreement (Gordon Biersch Brewery Restaurant Group, Inc.), Restricted Stock Agreement (Gordon Biersch Brewery Restaurant Group, Inc.)
