Common use of Non-Transferability of PSUs Clause in Contracts

Non-Transferability of PSUs. Except as expressly provided in the Plan or this Agreement, PSUs may not be sold, assigned, transferred, pledged or otherwise disposed of, shall not be assignable by operation of law, and shall not be subject to execution, attachment or similar process, except by will or the laws of descent and distribution. Any attempted sale, assignment, transfer, pledge or other disposition of any PSU prior to vesting shall be null and void and without effect.

Non-Transferability of PSUs. Except as expressly provided in the Plan or this Agreement, The PSUs may and any interest therein will not be sold, assigned, transferred, pledged pledged, hypothecated, or otherwise disposed of, shall not be assignable by operation of law, and shall not be subject to execution, attachment or similar process, except in any manner other than by will or by the laws of descent and distribution. Any attempted sale, assignment, transfer, pledge or other disposition of any PSU prior to vesting shall be null and void and without effectdistribution or court order or unless otherwise permitted by the Committee on a case-by-case basis.

Non-Transferability of PSUs. Except as expressly Unless otherwise provided by the Committee in the Plan or this Agreementits discretion, PSUs may not be sold, assigned, alienated, transferred, pledged pledged, attached or otherwise disposed of, shall not be assignable by operation encumbered except as provided in Section 9(a) of law, and shall not be subject to execution, attachment or similar process, except by will or the laws of descent and distributionPlan. Any attempted purported sale, assignment, alienation, transfer, pledge pledge, attachment, or other disposition encumbrance of any PSU prior to vesting PSUs in violation of the provisions of this Section 6 and Section 9(a) of the Plan shall be null and void and without effectvoid.

Non-Transferability of PSUs. Except as expressly Unless otherwise provided by the Committee in the Plan or this Agreementits discretion, PSUs may not be sold, assigned, alienated, transferred, pledged pledged, attached or otherwise disposed of, shall not be assignable by operation encumbered except as provided in Section 9(a) of law, and shall not be subject to execution, attachment or similar process, except by will or the laws of descent and distributionPlan. Any attempted purported sale, assignment, alienation, transfer, pledge pledge, attachment or other disposition encumbrance of any PSU prior to vesting PSUs in violation of the provisions of this Section 5 and Section 9(a) of the Plan shall be null and void and without effectvoid.

Non-Transferability of PSUs. Except as expressly Unless otherwise provided by the Committee in the Plan or this Agreementits discretion, PSUs may not be sold, assigned, alienated, transferred, pledged pledged, attached or otherwise disposed of, shall not be assignable by operation encumbered except as provided in Section 9(a) of law, and shall not be subject to execution, attachment or similar process, except by will or the laws of descent and distributionPlan. Any attempted purported sale, assignment, alienation, transfer, pledge pledge, attachment or other disposition encumbrance of any an PSU prior to vesting in violation of the provisions of this Section 6 and Section 9(a) of the Plan shall be null and void and without effectvoid.

Non-Transferability of PSUs. Except as expressly Unless otherwise provided by the Committee in the Plan or this Agreementits discretion, PSUs may not be sold, assigned, alienated, transferred, pledged pledged, attached or otherwise disposed of, shall not be assignable by operation encumbered except as provided in Section 9(a) of law, and shall not be subject to execution, attachment or similar process, except by will or the laws of descent and distributionPlan. Any attempted purported sale, assignment, alienation, transfer, pledge pledge, attachment or other disposition encumbrance of any PSU prior to vesting PSUs in violation of the provisions of this Section 6 and Section 9(a) of the Plan shall be null and void and without effectvoid. SECTION 7.