Non-Transferability of Restricted Shares. Restricted Shares which have not vested pursuant to Section 2 above shall not be anticipated, assigned, attached, garnished, optioned, transferred, or made subject to any creditor’s process, whether voluntarily or involuntarily or by the operation of law. Notwithstanding the foregoing, you may at any time designate a beneficiary or enter into a will or any similar arrangement which, in each case, provides for the transfer of vested Restricted Shares upon your death.
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Samples: Restricted Stock Grant Agreement (Martha Stewart Living Omnimedia Inc), Omnibus Stock and Option Compensation Plan Restricted Stock Grant Agreement (Martha Stewart Living Omnimedia Inc), Restricted Stock Grant Agreement (Martha Stewart Living Omnimedia Inc)
Non-Transferability of Restricted Shares. Except as permitted by applicable law, Restricted Shares which have not vested pursuant to Section 2 above shall not be anticipated, assigned, attached, garnished, optioned, transferred, transferred or made subject to any creditor’s process, whether voluntarily or involuntarily or by the operation of law. Notwithstanding the foregoingHowever, this Section 7 shall not preclude you may at any time designate from designating a beneficiary or enter into who will receive any vested Restricted Shares in the event of the your death, nor shall it preclude a will or any similar arrangement which, in each case, provides for the transfer of vested Restricted Shares upon your deathby will or by the laws of descent and distribution.
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Samples: Stock Grant Agreement (Landec Corp \Ca\), Stock Grant Agreement (Landec Corp \Ca\)
Non-Transferability of Restricted Shares. Restricted Shares which have not vested pursuant to Section 2 above shall not be anticipated, assigned, attached, garnished, optioned, transferred, transferred or made subject to any creditor’s process, whether voluntarily or involuntarily or by the operation of law. Notwithstanding the foregoingHowever, this Section 7 shall not preclude you may at any time designate from designating a beneficiary or enter into who will receive any vested Restricted Shares in the event of the your death, nor shall it preclude a will or any similar arrangement which, in each case, provides for the transfer of vested Restricted Shares upon your deathby will or by the laws of descent and distribution.
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