Common use of Non-Transferability of Restricted Stock Units Clause in Contracts

Non-Transferability of Restricted Stock Units. The Restricted Stock Units may not be sold, pledged, assigned, hypothecated, gifted, transferred or disposed of in any manner, either voluntarily or involuntarily, by operation of law or otherwise, other than by will or by the laws of descent and distribution.

Appears in 8 contracts

Samples: Performance Restricted Stock Unit Award Agreement (TELA Bio, Inc.), Inducement Award Agreement (TELA Bio, Inc.), Restricted Stock Unit Grant Notice and Restricted Stock Unit Agreement (Ocugen, Inc.)

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Non-Transferability of Restricted Stock Units. The Restricted Stock Units may not be sold, pledged, assigned, hypothecated, gifted, transferred or disposed of in any manner, either voluntarily or involuntarily, by operation of law or otherwise, other than by will or by the laws of descent and distribution.

Appears in 4 contracts

Samples: Award Agreement (Ensysce Biosciences, Inc.), Award Agreement (Cognition Therapeutics Inc), Grant Notice And (Cognition Therapeutics Inc)

Non-Transferability of Restricted Stock Units. The Restricted Stock Units may not be sold, pledged, assigned, hypothecated, gifted, transferred or disposed of in any manner, manner either voluntarily or involuntarily, involuntarily by operation of law or otherwise, other than by will or by the laws of descent and distribution.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Interpace Biosciences, Inc.), Restricted Stock Unit Agreement (Interpace Biosciences, Inc.), Restricted Stock Unit Agreement (Interpace Diagnostics Group, Inc.)

Non-Transferability of Restricted Stock Units. The (a) No assignment or transfer of Restricted Stock Units may not be soldUnits, pledged, assigned, hypothecated, gifted, transferred whether voluntary or disposed of in any manner, either voluntarily or involuntarilyinvoluntary, by operation of law or otherwise, other than can be made except by will or by the laws of descent and distributiondistribution or pursuant to beneficiary designation procedures approved by the Corporation.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Hni Corp), Restricted Stock Unit Award Agreement (Hni Corp), Restricted Stock Unit Award Agreement (Hni Corp)

Non-Transferability of Restricted Stock Units. The (a) No assignment or transfer of Restricted Stock Units may not be soldUnits, pledged, assigned, hypothecated, gifted, transferred whether voluntary or disposed of in any manner, either voluntarily or involuntarilyinvoluntary, by operation of law or otherwise, other than can be made except by will or by the laws of descent and distributiondistribution or pursuant to beneficiary designation procedures approved by the Company.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Hni Corp), Hni Corp

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Non-Transferability of Restricted Stock Units. The Restricted Stock Units may not be sold, assigned, transferred by gift or otherwise, pledged, assigned, hypothecated, gifted, transferred or otherwise disposed of in any manner, either voluntarily or involuntarilyof, by operation of law or otherwise, other than by will or by the laws of descent and distribution.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement

Non-Transferability of Restricted Stock Units. The Restricted Stock Units are not assignable or transferable, in whole or in part, and they may not not, directly or indirectly, be offered, transferred, sold, pledged, assigned, hypothecatedalienated, gifted, transferred hypothecated or otherwise disposed of in any manneror encumbered (including, either voluntarily or involuntarilybut not limited to, by gift, operation of law or otherwise, ) other than by will or by the laws of descent and distributiondistribution to the estate of the Director upon the Director’s death or with the Company’s consent.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Atkore International Group Inc.)

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