Common use of Prohibition Against Transfer Clause in Contracts

Prohibition Against Transfer. Until the expiration of the Performance Period and payout of the Award pursuant to Section 1(b), the Award, the Performance Units subject to the Award, any interest in Shares (in the case of a payout to be made in Shares as specified in the Award Letter) or cash to be paid, as applicable, related thereto, and the rights granted under these Terms and Conditions and the Agreement are not transferable except to family members or trusts by will or by the laws of descent and distribution, provided that the Award, the Performance Units subject to the Award, and any interest in Shares or cash to be paid, as applicable, related thereto, may not be so transferred to family members or trusts except as permitted by applicable law or regulations. Without limiting the generality of the foregoing, except as aforesaid, until the expiration of the Performance Period and payout of the award pursuant to Section 1(b), the Award, the Performance Units and any interest in Shares (in the case of a payout to be made in Shares as specified in the Award Letter) or cash to be paid, as applicable, related thereto, may not be sold, exchanged, assigned, transferred, pledged, hypothecated, encumbered or otherwise disposed of, shall not be assignable by operation of law, and shall not be subject to execution, attachment, charge, alienation or similar process. Any attempt to effect any of the foregoing shall be null and void and without effect.

Prohibition Against Transfer. Until the expiration of the Performance Period and payout of the Award pursuant to Section 1(b)Restriction Period, the Award, the Performance Restricted Units subject to the Award, any interest in the Shares (in the case of a payout payment to be made in Shares as specified in the Award LetterShares) or cash to be paid, as applicable, related thereto, and the rights granted under these the Terms and Conditions and the this Agreement are not transferable except to family members or trusts by will or by the laws of descent and distribution, provided that the Award, the Performance Restricted Units subject to the Award, and any interest in the Shares or cash to be paid, as applicable, related thereto, thereto may not be so transferred to family members or trusts except as permitted by applicable law or regulations. Without limiting the generality of the foregoing, except as aforesaid, until the expiration of the Performance Period and payout of the award pursuant to Section 1(b)Restriction Period, the Award, the Performance Restricted Units subject to the Award and any interest in the Shares (in the case of a payout payment to be made in Shares as specified in the Award LetterShares) or cash to be paid, as applicable, related thereto, may not be sold, exchanged, assigned, transferred, pledged, hypothecated, encumbered or otherwise disposed of, shall not be assignable by operation of law, and shall not be subject to execution, attachment, charge, alienation or similar process. Any attempt to effect any of the foregoing shall be null and void and without effect.

Prohibition Against Transfer. Until the expiration of the Performance Restriction Period and payout of the Award pursuant to Section 1(b)Award, the Award, the Performance Restricted Units subject to the Award, any interest in the Shares (in the case of a payout to be made in Shares as specified in the Award Letter) or cash to be paid, as applicable, related thereto, and the rights granted under these Terms and Conditions and the Agreement are not transferable except to family members or trusts by will or by the laws of descent and distribution, provided that the Award, the Performance Restricted Units subject to the Award, and any interest in the Shares or cash to be paid, as applicable, related thereto, thereto may not be so transferred to family members or trusts except as permitted by applicable law or regulations. Without limiting the generality of the foregoing, except as aforesaid, until the expiration of the Performance Restriction Period and payout of the award pursuant to Section 1(b)Award, the Award, the Performance Restricted Units subject to the Award, and any interest in the Shares (in the case of a payout to be made in Shares as specified in the Award Letter) or cash to be paid, as applicable, related thereto, thereto may not be sold, exchanged, assigned, transferred, pledged, hypothecated, encumbered or otherwise disposed of, shall not be assignable by operation of law, and shall not be subject to execution, attachment, charge, alienation or similar process. Any attempt to effect any of the foregoing shall be null and void and without effect.

Prohibition Against Transfer. Until the expiration of the Performance Period and payout of the Award pursuant to Section 1(b)Restriction Period, the Awardaward, the Performance Restricted Units subject to the Awardaward, any interest in the Shares (in the case of a payout payment to be made in Shares as specified in the Award LetterShares) or cash to be paid, as applicable, related thereto, and the rights granted under these the Terms and Conditions and the this Agreement are not transferable except to family members or trusts by will or by the laws of descent and distribution, provided that the Awardaward, the Performance Restricted Units subject to the Awardaward, and any interest in the Shares or cash to be paid, as applicable, related thereto, thereto may not be so transferred to family members or trusts except as permitted by applicable law or regulations. Without limiting the generality of the foregoing, except as aforesaid, until the expiration of the Performance Period and payout of Restriction Period, the award, the Restricted Units subject to the award pursuant to Section 1(b), the Award, the Performance Units and any interest in the Shares (in the case of a payout payment to be made in Shares as specified in the Award LetterShares) or cash to be paid, as applicable, related thereto, may not be sold, exchanged, assigned, transferred, pledged, hypothecated, encumbered or otherwise disposed of, shall not be assignable by operation of law, and shall not be subject to execution, attachment, charge, alienation or similar process. Any attempt to effect any of the foregoing shall be null and void and without effect.

Prohibition Against Transfer. Until the expiration of the Performance Period and payout of the Award pursuant to Section 1(b)Restriction Period, the Award, the Performance Restricted Units subject to the Award, any interest in the Shares (in the case of a payout to be made in Shares as specified in the Award Letter) or cash to be paid, as applicable, related thereto, and the rights granted under these Terms and Conditions and the Agreement are not transferable nontransferable except to family members or trusts trust by will or by the laws of descent and distribution, provided that the Award, the Performance Restricted Units subject to the Award, and any interest in the Shares or cash to be paid, as applicable, related thereto, thereto may not be so transferred to family members or trusts trust except as permitted by applicable law or regulations. Without limiting the generality of the foregoing, except as aforesaid, until the expiration of the Performance Period and payout of the award pursuant to Section 1(b)Restriction Period, the Award, the Performance Restricted Units subject to the Award, and any interest in the Shares (in the case of a payout to be made in Shares as specified in the Award Letter) or cash to be paid, as applicable, related thereto, thereto may not be sold, exchanged, assigned, transferred, pledged, hypothecated, encumbered or otherwise disposed of, of and shall not be assignable by operation of law, and shall not be subject to execution, attachment, chargechange, alienation or similar process. Any attempt to effect any of the foregoing shall be null and void and without effect.

Prohibition Against Transfer. Until the expiration of the Performance Period and payout of the Award pursuant to Section 1(b)Award, the Award, the Performance Units subject to the Award, any interest in Shares (in the case of a payout to be made in Shares as specified in the Award Letter) or cash to be paid, as applicable, related thereto, and the rights granted under these Terms and Conditions and the Agreement are not transferable except to family members or trusts by will or by the laws of descent and distribution, provided that the Award, the Performance Units subject to the Award, and any interest in Shares or cash to be paid, as applicable, related thereto, may not be so transferred to family members or trusts except as permitted by applicable law or regulations. Without limiting the generality of the foregoing, except as aforesaid, until the expiration of the Performance Period and payout of the award pursuant to Section 1(b)award, the Award, the Performance Units and any interest in Shares (in the case of a payout to be made in Shares as specified in the Award Letter) or cash to be paid, as applicable, related thereto, may not be sold, exchanged, assigned, transferred, pledged, hypothecated, encumbered or otherwise disposed of, shall not be assignable by operation of law, and shall not be subject to execution, attachment, charge, alienation or similar process. Any attempt to effect any of the foregoing shall be null and void and without effect.

Prohibition Against Transfer. Until the expiration of the Performance Period and payout of the Award pursuant to Section 1(b), the Award, the Performance Units subject to the Award, any interest in Shares (in the case of a payout to be made in Shares as specified in the Award Letter) or cash to be paid, as applicable, related thereto, and the rights granted under these Terms and Conditions and the Agreement are not transferable nontransferable except to family members or trusts trust by will or by the laws of descent and distribution, provided that the Award, the Performance Units subject to the Award, and and, any interest in Shares or cash to be paid, as applicable, related thereto, may not be so transferred to family members or trusts trust except as permitted by applicable law or regulations. Without limiting the generality of the foregoing, foregoing except as aforesaid, until the expiration of the Performance Period and payout of the award pursuant to Section 1(b), the Award, the Performance Units and any interest in Shares (in the case of a payout to be made in Shares as specified in the Award Letter) or cash to be paid, as applicable, related thereto, may not be sold, exchanged, assigned, transferred, pledged, hypothecated, encumbered or otherwise disposed ofof until the expiration of the Performance Period, shall not be assignable by operation of law, and shall not be subject to execution, attachment, chargechange, alienation or similar process. Any attempt to effect any of the foregoing shall be null and void and without effect.

Prohibition Against Transfer. Until the expiration of the Performance Period and payout of the Award pursuant to Section 1(b)Restriction Period, the Award, the Performance Restricted Units subject to the Award, any interest in the Shares (in the case of a payout to be made in Shares as specified in the Award Letter) or cash to be paid, as applicable, related thereto, and the rights granted under these Terms and Conditions and the Agreement are not transferable except to family members or trusts by will or by the laws of descent and distribution, provided that the Award, the Performance Restricted Units subject to the Award, and any interest in the Shares or cash to be paid, as applicable, related thereto, thereto may not be so transferred to family members or trusts except as permitted by applicable law or regulations. Without limiting the generality of the foregoing, except as aforesaid, until the expiration of the Performance Period and payout of the award pursuant to Section 1(b)Restriction Period, the Award, the Performance Restricted Units subject to the Award, and any interest in the Shares (in the case of a payout to be made in Shares as specified in the Award Letter) or cash to be paid, as applicable, related thereto, thereto may not be sold, exchanged, assigned, transferred, pledged, hypothecated, encumbered or otherwise disposed of, shall not be assignable by operation of law, and shall not be subject to execution, attachment, charge, alienation or similar process. Any attempt to effect any of the foregoing shall be null and void and without effect.