Common use of Nontransferability of Restricted Stock Award Clause in Contracts

Nontransferability of Restricted Stock Award. The Restricted Stock Award shall not be transferable by the Participant otherwise than by will or the laws of descent and distribution. Any attempted assignment, transfer, pledge, hypothecation or other disposition of the Restricted Stock Award contrary to the provisions hereof shall be null and void and without effect.

Appears in 10 contracts

Samples: Director Restricted Stock Award Agreement (Helmerich & Payne, Inc.), Restricted Stock Award Agreement (Helmerich & Payne, Inc.), Director Restricted Stock Award Agreement (FaZe Holdings Inc.)

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Nontransferability of Restricted Stock Award. The This Restricted Stock Award shall not be transferable by the Participant Awardee otherwise than by will or by the laws of descent and distribution. Any attempted assignment, transfer, pledge, hypothecation or other disposition The terms of the this Restricted Stock Award contrary to the provisions hereof shall be null binding on the executors, administrators, heirs and void and without effectsuccessors of Awardee.

Appears in 7 contracts

Samples: Restricted Stock Award Agreement (Ingram Micro Inc), Restricted Stock Award Agreement (Ingram Micro Inc), Non Eu Restricted Stock Award Agreement (Ingram Micro Inc)

Nontransferability of Restricted Stock Award. The This Restricted Stock Award shall not be transferable assigned, alienated, pledged, attached, sold or otherwise transferred by the Participant otherwise than Awardee, except by will or by the laws of descent and distribution. Any attempted assignment, transfer, pledge, hypothecation or other disposition The terms of the this Restricted Stock Award contrary to the provisions hereof shall be null binding on the executors, administrators, heirs and void and without effectsuccessors of Awardee.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement, Restricted Stock Award Agreement (Ingram Micro Inc), Restricted Stock Award Agreement (Ingram Micro Inc)

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Nontransferability of Restricted Stock Award. The This Restricted Stock Award shall not be transferable assigned, alienated, pledged, attached, sold or otherwise transferred by the Participant otherwise than Awardee except by will or by the laws of descent and distribution. Any attempted assignment, transfer, pledge, hypothecation or other disposition The terms of the this Restricted Stock Award contrary to the provisions hereof shall be null binding on the executors, administrators, heirs and void and without effectsuccessors of Awardee.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Ingram Micro Inc)

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