Nontransferability of Agreement. This Agreement and all rights under this Agreement shall not be transferable by the Participant other than by will or pursuant to applicable laws of descent and distribution. Any rights and privileges of the Participant in connection herewith shall not be transferred, assigned, pledged or hypothecated by the Participant or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment or similar process. In the event of any such occurrence, the Restricted Units shall automatically be forfeited.
Appears in 2 contracts
Samples: Restricted Unit Award Agreement (Mid-Con Energy Partners, LP), Restricted Unit Award Agreement (LRR Energy, L.P.)
Nontransferability of Agreement. This Agreement and all rights under this Agreement shall not be transferable by the Participant other than by will or pursuant to applicable laws of descent and distribution. Any rights and privileges of the Participant in connection herewith shall not be transferred, assigned, pledged pledged, or hypothecated by the Participant or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment garnishment, or similar process. In the event of any such occurrence, the Restricted Units shall automatically be forfeited.
Appears in 2 contracts
Samples: Restricted Unit Award Agreement (Greystone Housing Impact Investors LP), Restricted Unit Award Agreement (America First Multifamily Investors, L.P.)
