Common use of Nontransferability of Agreement Clause in Contracts

Nontransferability of Agreement. Grantee may not assign or transfer Grantee’s rights under this Agreement, nor may Grantee subject such rights (or any of them) to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement, and all of Grantee’s rights hereunder, will automatically be terminated and will thereafter be null and void.

Appears in 4 contracts

Samples: Stock Issuance Agreement (Peregrine Pharmaceuticals Inc), Stock Issuance Agreement (Peregrine Pharmaceuticals Inc), Restricted Stock Program Agreement (Matrixx Initiatives Inc)

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Nontransferability of Agreement. The Grantee may not assign or transfer Grantee’s his rights under this Agreement, nor may Grantee he subject such rights (or any of them) to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement, and all of the Grantee’s rights hereunder, will automatically be terminated and will thereafter be null and void.

Appears in 2 contracts

Samples: Restricted Stock Program Agreement (Clear Choice Financial, Inc.), Restricted Stock Program Agreement (Matrixx Initiatives Inc)

Nontransferability of Agreement. The Grantee may not assign or transfer Grantee’s rights under this Agreement, nor may Grantee subject such rights (or any of them) to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement, and all of the Grantee’s rights hereunder, will automatically be terminated and will thereafter be null and void.

Appears in 2 contracts

Samples: Restricted Stock Program Agreement (Matrixx Initiatives Inc), Restricted Stock Program Agreement (Matrixx Initiatives Inc)

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Nontransferability of Agreement. Grantee may not assign or transfer Grantee’s rights under this Agreement, nor may Grantee subject such rights (or any of them) to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement, and all of Grantee’s rights hereunder, will automatically be terminated and will thereafter be null and void. 7.

Appears in 1 contract

Samples: Stock Issuance Agreement

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