NON-TRANSFERABILITY OF RIGHTS. The Participant shall have no right to sell, transfer, pledge, assign or otherwise assign or hypothecate any of the Participant's rights under this Agreement or, until the portion of the Awards granted hereby covering the Restricted Stock Units and Performance Units shall vest, the Restricted Stock Units and Performance Units covered by the Award granted hereby, other than by will or the laws of descent and distribution, and such rights shall be exercisable during Participant's lifetime only by the Participant.
Appears in 7 contracts
Samples: Stock Unit (Delta Apparel, Inc), Restricted Stock Unit and Performance Unit Award Agreement (Delta Apparel, Inc), Restricted Stock Unit and Performance Unit Award Agreement (Delta Apparel, Inc)
NON-TRANSFERABILITY OF RIGHTS. The Participant shall have no right to sell, transfer, pledge, assign or otherwise assign or hypothecate any of the Participant's rights under this Agreement or, until the portion of the Awards granted hereby covering the Restricted Stock Units and Performance Units shall vest, the Restricted Stock Units and Performance Units covered by the Award granted hereby, other than by will or the laws of descent and distribution, and such rights shall be exercisable during Participant's lifetime only by the Participant.
Appears in 3 contracts
Samples: Restricted Stock Unit Award Agreement (Delta Apparel, Inc), Restricted Stock Unit Award Agreement (Delta Apparel, Inc), Restricted Stock Unit Award Agreement (Delta Apparel, Inc)
NON-TRANSFERABILITY OF RIGHTS. The Participant shall have no right to sell, transfer, pledge, assign or otherwise assign or hypothecate any of the Participant's ’s rights under this Agreement or, until the portion of the Awards Award granted hereby covering the Restricted Stock Units and Performance Units shall vest, the Restricted Stock Units and such Performance Units covered by the Award granted hereby, other than by will or the laws of descent and distribution, and such rights shall be exercisable during Participant's ’s lifetime only by the Participant.
Appears in 2 contracts
Samples: Performance Unit Award Agreement (Delta Apparel, Inc), Performance Unit Award Agreement (Delta Apparel, Inc)
NON-TRANSFERABILITY OF RIGHTS. The Participant shall have no right to sell, transfer, pledge, assign or otherwise assign or hypothecate any of the Participant's rights under this Agreement or, until the portion of the Awards granted hereby covering the Restricted Stock Units and Performance Units shall vest, the Restricted Stock Units and Performance Units covered by the Award granted hereby, other than by will or the laws of descent and distribution, and such rights shall be exercisable during Participant's lifetime only by the Participant.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Delta Apparel, Inc)
