Common use of Nontransferability of Award Clause in Contracts

Nontransferability of Award. The Award shall not be transferable (including by sale, assignment, pledge or hypothecation) other than transfers by will or the laws of intestate succession, and the Participant or other recipient of the Award shall not sell, transfer, assign, pledge or otherwise encumber the Shares subject to the Award until the Restriction Period has expired and all conditions to vesting have been met. The designation of a beneficiary in accordance with the Plan does not constitute a transfer.

Nontransferability of Award. The Award, and any Award payout, shall not be transferable (including by sale, assignment, pledge or hypothecation) other than transfers by will or the laws of intestate succession, and the Participant or other recipient of the Award shall not sell, transfer, assign, pledge or otherwise encumber the Shares subject to the Award until the Restriction Period has expired and all conditions to vesting have been met. The designation of a beneficiary in accordance with the Plan procedures does not constitute a transfer.

Nontransferability of Award. The Award shall not be transferable (including by sale, assignment, gift, pledge or hypothecation) other than transfers by will or the laws of intestate succession, and the Participant or other recipient of the Award shall not sell, transfer, assign, pledge or otherwise encumber the Shares subject to the Award until the Restriction Period has expired and all conditions to vesting have been met. The designation of a beneficiary in accordance with the Plan or the Israeli Appendix or the transfer of an Award or Incentive Unit to or from the Trustee does not constitute a transfer.

Nontransferability of Award. The Award shall not be transferable (including by sale, assignment, gift, pledge or hypothecation) other than transfers by will or the laws of intestate succession, and the Participant or other recipient of the Award shall not sell, transfer, assign, pledge or otherwise encumber the Shares subject to the Award until the Restriction Period has expired and all conditions to vesting have been met. The designation of a beneficiary in accordance with the Plan does not constitute a transfer.

Nontransferability of Award. The Award shall not be transferable (including by sale, assignment, pledge or hypothecation) other than transfers by will or the laws of intestate succession, and the Participant or other recipient of the Award shall not sell, transfer, assign, pledge or otherwise encumber the Shares subject to the Award until the Restriction Period has expired and until all conditions to vesting have been met. The designation of a beneficiary in accordance with the Plan does not constitute a transfer.

Nontransferability of Award. The Award shall not be transferable (including by sale, assignment, gift, pledge or hypothecation) other than transfers by will or the laws of intestate succession, and the Participant or other recipient of the Award shall not sell, transfer, assign, pledge or otherwise encumber the Shares subject to the Award until the Restriction Period has expired and all conditions to vesting have been met. The designation of a beneficiary in accordance with the Plan or the Israeli Appendix does not constitute a transfer.

Nontransferability of Award. The Award shall is not be transferable (including by sale, assignment, pledge or hypothecation) other than transfers the Holder except by will or the laws of intestate succession, descent and distribution (or to a designated beneficiary in the Participant or other recipient event of the Holder’s death). The Award may not be pledged, mortgaged, hypothecated or otherwise encumbered and shall not sell, transfer, assign, pledge or otherwise encumber the Shares be subject to the Award until the Restriction Period has expired and all conditions to vesting have been met. The designation claims of a beneficiary in accordance with the Plan does not constitute a transfercreditors.

Nontransferability of Award. The Unless the Board determines otherwise, the Award shall not be transferable (including by sale, assignment, pledge or hypothecation) other than transfers by will or the laws of intestate successionsuccession or to a trust for the exclusive benefit of the Participant and/or his or her beneficiaries, and the Participant or other recipient of the Award shall not sell, transfer, assign, pledge or otherwise encumber the Shares options subject to the Award until the Restriction Period restriction period has expired and until all conditions to vesting have been met. The designation of a beneficiary in accordance with the Plan does not constitute a transfer.

Nontransferability of Award. The Award shall not be transferable (including by sale, assignment, pledge or hypothecation) other than transfers by will or the laws of intestate succession, and the . The designation of a beneficiary does not constitute a transfer. The Participant or other recipient of the Award shall not sell, transfer, assign, pledge or otherwise encumber (“transfer”) the Shares subject to the Award unless and until the Restriction Period has expired and all conditions to vesting have been met. The designation of a beneficiary in accordance with met and such Shares have been issued and any such proposed transfer is permitted pursuant to the Plan does not constitute a transferand this Agreement.