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

Non-Transferability of Restricted Stock. This Restricted Stock Award may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Participant only by Participant. The terms of the Plan and this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of Participant.

Appears in 15 contracts

Samples: Equity Incentive Plan (Alto Neuroscience, Inc.), Restricted Stock Agreement (Complete Solaria, Inc.), Restricted Stock Purchase Agreement (Capitol Investment Corp. V)

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Non-Transferability of Restricted Stock. This Restricted Stock Award may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Participant only by Participantdistribution. The terms of the Plan and this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of Participant.

Appears in 1 contract

Samples: Restricted Stock Agreement (Penumbra Inc)

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