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

Non-Transferability of Restricted Stock Units. The Restricted Stock Units shall not be transferable other than by will or the laws of descent and distribution. The designation of a beneficiary does not constitute a transfer.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Liveperson Inc), Restricted Stock Unit Award Agreement (Liveperson Inc), Restricted Stock Unit Award Agreement (Liveperson Inc)

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Non-Transferability of Restricted Stock Units. The Restricted Stock Units shall not be transferable other than by will or the laws of descent and distribution. The designation of a beneficiary does not constitute a transfer. The terms of this Agreement shall be binding upon your executors, administrators, heirs, successors and assigns.

Appears in 3 contracts

Samples: Stock Unit Agreement (Foundry Networks Inc), Stock Unit Agreement (Foundry Networks Inc), Stock Unit Agreement (Foundry Networks Inc)

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