Common use of Non-Transferability of RSUs Clause in Contracts

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

Appears in 6 contracts

Samples: Restricted Stock Unit Agreement (BioAtla, Inc.), Restricted Stock Unit Agreement (BioAtla, Inc.), Restricted Stock Unit Agreement (BioAtla, Inc.)

AutoNDA by SimpleDocs

Non-Transferability of RSUs. The RSUs may not be sold, assigned, transferred, pledged, assigned, hypothecated, gifted, transferred or otherwise disposed of in any manner either voluntarily or involuntarily by operation of law, other than by will or by the laws of descent and distributionor distribution or unless otherwise permitted by the Committee on a case-by-case basis.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Meta Platforms, Inc.), Restricted Stock Unit Award Agreement (Meta Platforms, Inc.)

Non-Transferability of RSUs. The RSUs may and any interest therein will not be sold, assigned, transferred, pledged, assigned, hypothecated, gifted, transferred or otherwise disposed of in any manner either voluntarily or involuntarily by operation of law, other than by will or by the laws of descent and distributionor distribution or by court order or unless otherwise permitted by the Committee on a case-by-case basis.

Appears in 2 contracts

Samples: Restricted Stock Purchase Agreement (Workday, Inc.), Restricted Stock Purchase Agreement (Workday, Inc.)

Non-Transferability of RSUs. The RSUs may and any interest therein will not be sold, assigned, transferred, pledged, assigned, hypothecated, gifted, transferred or otherwise disposed of in any manner either voluntarily or involuntarily by operation of law, other than by will or by the laws of descent and distributionor distribution or court order or unless otherwise permitted by the Committee on a case-by-case basis.

Appears in 2 contracts

Samples: Stock Option Award Agreement (Laffin Acquisition Corp.), Restricted Stock Purchase Agreement (Workday, Inc.)

AutoNDA by SimpleDocs

Non-Transferability of RSUs. The RSUs may and any interest therein will not be sold, assigned, transferred, pledged, assigned, hypothecated, gifted, transferred hypothecated or otherwise disposed of in any manner either voluntarily or involuntarily by operation of law, other than by will or by the laws of descent and distributionor distribution or court order or unless otherwise permitted by the Committee on a case-by-case basis.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Biolargo, Inc.)

Non-Transferability of RSUs. The RSUs may and any interest therein shall not be sold, assigned, transferred, pledged, assigned, hypothecated, gifted, transferred or otherwise disposed of in any manner either voluntarily or involuntarily by operation of law, other than by will or by the laws of descent and distributionof.

Appears in 1 contract

Samples: Award Agreement (Immersion Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!