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: Helios & Matheson Analytics Inc., Omnibus Stock Plan (Varian Medical Systems Inc), Award Agreement (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: Spok Holdings, Inc, Spok Holdings, Inc, 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: Helios & Matheson Analytics Inc., 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 10.59.5. 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: Award Agreement (Varian Medical Systems Inc)

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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 10.57.6 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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