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

Non-Transferability of Restricted Stock Units. The Restricted Stock Units and any interest therein must not be sold, assigned, transferred, pledged, hypothecated, or otherwise disposed of in any manner other than by will or by the laws of descent or distribution or court order. The terms of this Grant Agreement will be binding upon the executors, administrators, heirs, successors, and assigns of the Participant.

Appears in 3 contracts

Samples: Restricted Stock Unit Grant Agreement (BRB Foods Inc.), Restricted Stock Unit Grant Agreement (BRB Foods Inc.), Restricted Stock Unit Grant Agreement (BRB Foods Inc.)

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Non-Transferability of Restricted Stock Units. The Restricted Stock Units and any interest therein must not be sold, assigned, transferred, pledged, hypothecated, or otherwise disposed of in any manner other than by will or by the laws of descent or distribution or court order. The terms of this Grant Agreement will be binding upon the executors, administrators, heirs, successors, and assigns of the ParticipantGrantee.

Appears in 1 contract

Samples: Restricted Stock Unit Grant Agreement (AVITA Medical, Inc.)

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