Common use of Nontransferability Clause in Contracts

Nontransferability. Unvested Restricted Stock Units may not be sold, transferred, exchanged, pledged, assigned, garnished, or otherwise alienated or hypothecated, other than by will or by the laws of descent and distribution. Any effort to assign or transfer the rights under this Agreement will be wholly ineffective, and will be grounds for termination by the Committee of all rights of Participant under this Agreement.

Appears in 38 contracts

Samples: Restricted Stock Unit Award Agreement (Cboe Global Markets, Inc.), Restricted Stock Unit Award Agreement (Cboe Global Markets, Inc.), Restricted Stock Unit Award Agreement (Cboe Global Markets, Inc.)

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Nontransferability. Unvested This Agreement and the Restricted Stock Units may not be sold, assigned, alienated, transferred, exchanged, pledged, assigned, garnished, pledged or otherwise alienated encumbered by the Unit Holder, either voluntarily or hypothecatedby operation of law, other than except by will or by the laws of descent and distribution. Any effort distribution and any attempt to assign sell, assign, alienate, transfer, pledge or transfer otherwise encumber the rights under this Agreement will same shall be wholly ineffective, and will be grounds for termination by the Committee of all rights of Participant under this Agreementvoid.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Chase Corp), Restricted Stock Unit Agreement (Chase Corp)

Nontransferability. Unvested The Restricted Stock Units may not be sold, transferred, exchanged, pledged, assigned, garnished, or otherwise alienated or hypothecated, other than by will or by the laws of descent and distribution. Any effort to assign or transfer the rights under this Agreement will be wholly ineffective, and will be grounds for termination by the Committee of all rights of Participant under this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Cboe Global Markets, Inc.), Restricted Stock Award Agreement (CBOE Holdings, Inc.)

Nontransferability. Unvested Restricted Stock Units may not be sold, transferred, exchanged, pledged, assigned, garnished, or otherwise alienated or hypothecated, other than by will or by the laws of descent and distribution. Any effort to assign or transfer the rights under this Agreement will be wholly ineffective, and will be grounds for termination by the Committee of all rights of Participant under this Agreement.. ​

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Cboe Global Markets, Inc.), Restricted Stock Unit Award Agreement (Cboe Global Markets, Inc.)

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Nontransferability. Unvested The Restricted Stock Units may not be sold, transferred, exchanged, pledged, assigned, garnished, or otherwise alienated or hypothecated, other than by will or by the laws of descent and distribution, or pursuant to a domestic relations order (as defined in Code Section 414(p)). Any effort to assign or transfer the rights under this Agreement will be wholly ineffective, and will be grounds for termination by the Committee of all rights of Participant under this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (CBOE Holdings, Inc.), Restricted Stock Award Agreement (CBOE Holdings, Inc.)

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