Common use of Nontransferability of Awards Clause in Contracts

Nontransferability of Awards. No Award granted under the Plan may be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated, other than by will, by the laws of descent and distribution, or to the limited extent provided in Section 10.5. All rights with respect to an Award granted to a Participant shall be available during his or her lifetime only to the Participant.

Appears in 7 contracts

Samples: 2014 Equity Incentive Plan (Helios & Matheson Analytics Inc.), Omnibus Stock Plan (Applied Materials Inc /De), Omnibus Stock Plan (Varian Semiconductor Equipment Associates Inc)

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Nontransferability of Awards. No Award award granted under the Plan may be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated, other than by will, by the laws of descent and distribution, or to the limited extent provided in Section 10.5. All rights with respect to an Award award granted to a Participant shall be available during his or her lifetime only to the Participant.

Appears in 7 contracts

Samples: 2018 Long Term Incentive Plan (Spok Holdings, Inc), 2015 Long Term Incentive Plan (Spok Holdings, Inc), 2018 Long Term Incentive Plan (Spok Holdings, Inc)

Nontransferability of Awards. No Award granted under the Plan may be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated, other than by will, by the laws of descent and distribution, or to the limited extent provided in Section 10.5. All rights with respect to an Award granted to a Participant shall be available during his or her lifetime only to the Participant.Section

Appears in 2 contracts

Samples: 2014 Equity Incentive Plan (Helios & Matheson Analytics Inc.), 2014 Equity Incentive Plan (Helios & Matheson Analytics Inc.)

Nontransferability of Awards. No Award granted under the Plan may be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated, other than by will, by the laws of descent and distribution, or to the limited extent provided in Section 10.57.6 of the Plan. All rights with respect to an Award granted to a Participant shall be available during his or her lifetime only to the Participant.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Smith C D Drug Co)

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Nontransferability of Awards. No Award granted under the Plan may be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated, other than by will, by the laws of descent and distribution, or to the limited extent provided in Section 10.59.5. All rights with respect to an Award granted to a Participant shall be available during his or her lifetime only to the Participant.

Appears in 1 contract

Samples: 2000 Stock Plan (Varian Medical Systems Inc)

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