Common use of Non-Transferability Clause in Contracts

Non-Transferability. No portion of the RSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, other than to the Company as a result of forfeiture of the RSUs as provided herein, unless and until payment is made in respect of vested RSUs in accordance with the provisions hereof and the Participant has become the holder of record of the vested shares of Common Stock issuable hereunder.

Appears in 79 contracts

Samples: Restricted Stock Unit Award Agreement (Hagerty, Inc.), Restricted Stock Unit Award Agreement (Hagerty, Inc.), Employment Agreement (Vivos Inc)

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Non-Transferability. No portion of the RSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, other than to the Company as a result of forfeiture of the RSUs as provided herein, unless and until payment is made in respect of vested RSUs in accordance with the provisions hereof and the Participant has become the holder of record of the vested shares of Common Stock issuable hereunder.

Appears in 33 contracts

Samples: Restricted Stock Unit Award Agreement (Avaya Holdings Corp.), Restricted Stock Unit Award Agreement (Ferguson PLC), Restricted Stock Unit Award Agreement (Berry Corp (Bry))

Non-Transferability. No portion of the RSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, other than to the Company as a result of forfeiture of the RSUs as provided herein, unless and until payment is made in respect of vested RSUs in accordance with the provisions hereof and the Participant has become the holder of record of the vested shares of Common Stock Shares issuable hereunder.

Appears in 12 contracts

Samples: Performance Vesting Restricted Stock Unit Agreement (Cco Holdings LLC), Restricted Stock Unit Award Agreement (Concentra Group Holdings Parent, Inc.), Restricted Stock Unit Agreement

Non-Transferability. No portion of the RSUs (or the shares of Common Stock underlying the RSUs) may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, other than to the Company as a result of forfeiture of the RSUs as provided hereinin Section 3, unless and until payment is made in respect of vested RSUs the shares are delivered to the Participant in accordance with the provisions hereof Section 4 and the Participant has become the holder of record of the vested shares of Common Stock issuable hereundershares.

Appears in 10 contracts

Samples: Restricted Stock Unit Agreement (BOISE CASCADE Co), Restricted Stock Unit Agreement (BOISE CASCADE Co), Restricted Stock Unit Agreement (BOISE CASCADE Co)

Non-Transferability. No portion of the RSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, other than to the Company as a result of forfeiture of the RSUs as provided herein, unless and until payment is made in respect of vested RSUs in accordance with the provisions hereof and the Participant has become the holder of record of the vested shares of Common Company Stock issuable hereunder.

Appears in 8 contracts

Samples: Employment Agreement (Six Flags Entertainment Corp), Restricted Stock Unit Agreement (Six Flags Entertainment Corp), Restricted Stock Unit Agreement (Six Flags Entertainment Corp)

Non-Transferability. No portion of the RSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, other than to the Company as a result of forfeiture of the RSUs as provided herein, unless and until payment is made in respect of vested RSUs in accordance with the provisions hereof Section 4 and the Participant has become the holder of record of the vested shares of Common Stock issuable hereunder.

Appears in 5 contracts

Samples: Performance Based Restricted Stock Unit Agreement (Roundy's, Inc.), Restricted Stock Unit Agreement (Roundy's, Inc.), Restricted Stock Unit Agreement (Roundy's, Inc.)

Non-Transferability. No portion of the RSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, other than to the Company as a result of forfeiture of the RSUs as provided herein, unless herein or pursuant to Sections 7(a)(iii) and until payment is made in respect of vested RSUs in accordance with the provisions hereof and the Participant has become the holder of record (iv) of the vested shares of Common Stock issuable hereunderPlan.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Berry Corp (Bry)), Restricted Stock Unit Award Agreement (Berry Corp (Bry)), Restricted Stock Unit Award Agreement (Berry Corp (Bry))

Non-Transferability. No portion of or interest in the RSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, other than to the Company as a result of forfeiture of the RSUs as provided herein, unless and until payment is made in respect of vested RSUs in accordance with the provisions hereof and the Participant has become the holder of record of the vested shares of Common Stock issuable hereunder.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Ultra Petroleum Corp), Director Restricted Stock Unit Agreement (Ultra Petroleum Corp), Restricted Stock Unit Agreement (Ultra Petroleum Corp)

Non-Transferability. No portion of the RSUs (or the shares of Common Stock underlying the RSUs) may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, other than to the Company as a result of forfeiture of the RSUs as provided hereinin Section 3(d), unless and until payment is made in respect of vested RSUs the shares are delivered to the Participant in accordance with the provisions hereof Section 4 and the Participant has become the holder of record of the vested shares of Common Stock issuable hereundershares.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (BOISE CASCADE Co), Restricted Stock Unit Agreement (BOISE CASCADE Co)

Non-Transferability. No portion of the RSUs or the shares of Common Stock underlying the RSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, other than to the Company as a result of forfeiture of the RSUs as provided herein, unless and until payment is made in respect of all vested RSUs in accordance with the provisions hereof and the Participant has become the holder of record of the vested shares of Common Stock issuable hereunder.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (European Sustainable Growth Acquisition Corp.), Restricted Stock Unit Award Agreement (CM Life Sciences II Inc.)

Non-Transferability. No portion of the RSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, other than to the Company as a result of forfeiture of the RSUs as provided herein, unless and until payment is made in respect of vested RSUs in accordance with the provisions hereof and the Participant has become the holder of record of the vested shares of Common Stock issuable hereunderhereunder (as applicable).

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (U.S. Silica Holdings, Inc.), Restricted Stock Unit Agreement (U.S. Silica Holdings, Inc.)

Non-Transferability. No portion of the RSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, other than to the Company as a result of forfeiture of the RSUs as provided herein, unless and until payment is made in respect of vested RSUs in accordance with the provisions hereof and the Participant has become the holder of record of the vested shares of Common Stock issuable hereunder.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Jason Industries, Inc.)

Non-Transferability. No portion of the RSUs or the Ordinary Shares underlying the RSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, other than to the Company as a result of forfeiture of the RSUs as provided hereinHolder, unless and until Ordinary Shares are issued in payment is made in respect of vested RSUs in accordance with the provisions hereof of this Agreement and the Participant Holder has become the holder of record of the vested shares of Common Stock issuable hereundersuch Ordinary Shares.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (LIVE VENTURES Inc)

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Non-Transferability. No portion of the RSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged by the ParticipantExecutive, other than to the Company as a result of forfeiture of the RSUs as provided herein, unless herein or for customary estate planning purposes or otherwise by will or pursuant to applicable laws of descent and until payment is made in respect of vested RSUs in accordance with the provisions hereof and the Participant has become the holder of record of the vested shares of Common Stock issuable hereunderdistribution.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Phibro Animal Health Corp)

Non-Transferability. No portion of the RSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged Transferred by the Participant, other than to the Company as a result of forfeiture of the RSUs as provided herein, unless and until payment is made in respect of vested earned RSUs in accordance with the provisions hereof and the Participant has become the holder of record of the vested shares of Common Stock Shares issuable hereunder. Any attempt to Transfer the RSUs contrary to the terms and conditions of this Agreement will be null and void and without legal force or effect.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Ping Identity Holding Corp.)

Non-Transferability. No portion of the RSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged Transferred by the Participant, other than to the Company as a result of forfeiture of the RSUs as provided herein, unless and until payment is made in respect of vested earned RSUs in accordance with the provisions hereof and the Participant has become the holder of record of the vested shares of Common Stock Shares issuable hereunder. Any attempt to Transfer the RSUs contrary to the terms and conditions of this Agreement or the Plan will be null and void and without legal force or effect.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Roaring Fork Holding, Inc.)

Non-Transferability. No portion of the RSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, other than to the Company as a result of forfeiture of the RSUs as provided herein, unless and until payment is made in respect of vested RSUs in accordance with the provisions hereof and the Participant has become the holder of record of the vested shares of Common Stock issuable hereunder.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Chemtura CORP)

Non-Transferability. No portion of the RSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, other than to by will or the Company as a result laws of forfeiture of the RSUs as provided hereindescent and distribution, unless and until payment is made in respect of vested RSUs in accordance with the provisions hereof and the Participant has become the holder of record of the vested shares of Common Stock issuable hereunder.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Acadia Healthcare Company, Inc.)

Non-Transferability. No portion of the RSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, other than to the Company as a result of forfeiture of the RSUs as provided herein, unless and until payment is made in respect of vested RSUs in accordance with the provisions hereof and the Participant has become the holder of record of the vested shares of Common Stock issuable hereunder.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Jason Industries, Inc.)

Non-Transferability. No portion of the RSUs (including all rights, privileges and benefits conferred under this Agreement) may be sold, assigned, transferred, encumbered, hypothecated or pledged by the ParticipantGrantee, other than to the Company as a result of forfeiture of the RSUs as provided herein, unless and until payment is made in respect of vested RSUs in accordance with the provisions hereof and the Participant Xxxxxxx has become the holder of record of the vested shares of Common Stock issuable hereunder.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Seaport Entertainment Group Inc.)

Non-Transferability. No portion of the RSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, other than to the Company as a result of forfeiture of the RSUs as provided herein, unless and until payment is made in respect of vested RSUs in accordance with the provisions hereof and the Participant has become the holder of record of the vested shares of Common Stock issuable hereunder. 6.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Avaya Holdings Corp.)

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