Common use of Restricted Stock Not Transferable Clause in Contracts

Restricted Stock Not Transferable. Prior to vesting pursuant to Section 3.2 above, no Restricted Stock or any interest or right therein or part thereof shall be liable for the debts, contracts or engagements of the Participant or his successors in interest or shall be subject to disposition by transfer, alienation, anticipation, pledge, encumbrance, assignment or any other means whether such disposition be voluntary or involuntary or by operation of law by judgment, levy, attachment, garnishment or any other legal or equitable proceedings (including bankruptcy), and any attempted disposition thereof shall be null and void and of no effect; provided, however, that this Section 4.2 shall not prevent transfers by will or by applicable laws of descent and distribution.

Appears in 10 contracts

Samples: Restricted Stock Agreement, Restricted Stock Agreement (Parexel International Corp), Restricted Stock Agreement (Parexel International Corp)

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Restricted Stock Not Transferable. Prior to vesting pursuant to Section 3.2 above, no No Restricted Stock or any interest or right therein or part thereof shall be liable for the debts, contracts or engagements of the Participant or his successors in interest or shall be subject to disposition by transfer, alienation, anticipation, pledge, encumbrance, assignment or any other means whether such disposition be voluntary or involuntary or by operation of law by judgment, levy, attachment, garnishment or any other legal or equitable proceedings (including bankruptcy), and any attempted disposition thereof shall be null and void and of no effect; provided, however, that this Section 4.2 4 shall not prevent transfers by will or by applicable laws of descent and distribution.

Appears in 5 contracts

Samples: Restricted Stock Agreement (Books a Million Inc), Restricted Stock Agreement (Books a Million Inc), Restricted Stock Agreement (Books a Million Inc)

Restricted Stock Not Transferable. Prior to vesting pursuant to Section 3.2 above, no No Restricted Stock or any interest or right therein or part thereof shall be liable for the debts, contracts or engagements of the Participant or his successors in interest or shall be subject to disposition by transfer, alienation, anticipation, pledge, encumbrance, assignment or any other means whether such disposition be voluntary or involuntary or by operation of law by judgment, levy, attachment, garnishment or any other legal or equitable proceedings (including bankruptcy), and any attempted disposition thereof shall be null and void and of no effect; provided, however, that this Section 4.2 shall not prevent transfers by will or by applicable laws of descent and distribution.

Appears in 4 contracts

Samples: Employment Agreement (Veeco Instruments Inc), Restricted Stock Agreement (Symbol Technologies Inc), Directors Restricted Stock Agreement (Veeco Instruments Inc)

Restricted Stock Not Transferable. Prior to vesting pursuant to Section 3.2 above, no No Restricted Stock or any interest or right therein or part thereof shall be liable for the debts, contracts or engagements of the Participant Employee or his successors in interest or shall be subject to disposition by transfer, alienation, anticipation, pledge, hypothecation, encumbrance, assignment or any other means means, whether such disposition be voluntary or involuntary or by operation of law by judgment, levy, attachment, garnishment or any other legal or equitable proceedings (including bankruptcy), and any attempted disposition thereof shall be null and void and of no effect; provided, provided however, that this Section 4.2 5.2 shall not prevent transfers by will or by the applicable laws of descent and distribution.

Appears in 4 contracts

Samples: Restricted Stock Agreement (Owens Illinois Inc /De/), Restricted Stock Agreement (Owens Illinois Inc /De/), Restricted Stock Agreement (Owens Illinois Inc /De/)

Restricted Stock Not Transferable. Prior to vesting pursuant to Section 3.2 above, no No Restricted Stock or any interest or right therein or part thereof shall be liable for the debts, contracts or engagements of the Participant or his successors in interest or shall be subject to disposition by transfer, alienation, anticipation, pledge, encumbrance, assignment or any other means whether such disposition be voluntary or involuntary or by operation of law by judgment, levy, attachment, garnishment or any other legal or equitable proceedings (including bankruptcy), and any attempted disposition thereof shall be null and void and of no effect; provided, however, that this Section 4.2 3.2 shall not prevent transfers by will or by applicable laws of descent and distribution.

Appears in 3 contracts

Samples: Restricted Stock Agreement (Symbol Technologies Inc), Restricted Stock Agreement (Symbol Technologies Inc), Restricted Stock Agreement (Symbol Technologies Inc)

Restricted Stock Not Transferable. Prior to vesting pursuant to Section 3.2 above, no No Restricted Stock or any interest or right therein or part thereof shall be liable for the debts, contracts or engagements of the Participant Employee or his successors in interest or shall be subject to disposition by transfer, alienation, anticipation, pledge, encumbrance, assignment or any other means whether such disposition be voluntary or involuntary or by operation of law by judgment, levy, attachment, garnishment or any other legal or equitable proceedings (including bankruptcy), and any attempted disposition thereof shall be null and void and of no effect; provided, however, that this Section 4.2 shall not prevent transfers by will or by applicable laws of descent and distribution.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Varsity Group Inc), Restricted Stock Agreement (Owens Illinois Inc /De/)

Restricted Stock Not Transferable. Prior to vesting pursuant to Section 3.2 above, no No Restricted Stock or any interest or right therein or part thereof shall be liable for the debts, contracts or engagements of the Participant Employee or his successors in interest or shall be subject to disposition by transfer, alienation, anticipation, pledge, hypothecation, encumbrance, assignment or any other means means, whether such disposition be voluntary or involuntary or by operation of law by judgment, levy, attachment, garnishment or any other legal or equitable proceedings (including bankruptcy), and any attempted disposition thereof shall be null and void and of no effect; provided, however, that this Section 4.2 shall not prevent transfers by will or by the applicable laws of descent and distribution.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Manor Care Inc), Restricted Stock Agreement (Manor Care Inc)

Restricted Stock Not Transferable. Prior to vesting pursuant to Section 3.2 above, no No Restricted Stock or any interest or right therein or part thereof shall be liable for the debts, contracts or engagements of the Participant Employee or his successors in interest or shall be subject to disposition by transfer, alienation, anticipation, pledge, hypothecation, encumbrance, assignment or any other means means, whether such disposition be voluntary or involuntary or by operation of law by judgment, levy, attachment, garnishment or any other legal or equitable proceedings (including bankruptcy), and any attempted disposition thereof shall be null and void and of no effect; providedPROVIDED, howeverHOWEVER, that this Section 4.2 shall not prevent transfers by will or by the applicable laws of descent and distribution.

Appears in 1 contract

Samples: Restricted Stock Agreement (Manor Care Inc)

Restricted Stock Not Transferable. Prior to vesting pursuant to Section 3.2 above, no No Restricted Stock or any interest or right therein or part thereof shall be liable for the debts, contracts or engagements of the Participant or his or her successors in interest or shall be subject to disposition by transfer, alienation, anticipation, pledge, encumbrance, assignment or any other means whether such disposition be voluntary or involuntary or by operation of law by judgment, levy, attachment, garnishment or any other legal or equitable proceedings (including bankruptcy), and any attempted disposition thereof shall be null and void and of no effect; provided, however, that this Section 4.2 3.2 shall not prevent transfers by will or by applicable laws of descent and distribution.

Appears in 1 contract

Samples: Restricted Stock Agreement (Mercury General Corp)

Restricted Stock Not Transferable. Prior to vesting pursuant to Section 3.2 above, no Neither the Restricted Stock or nor any interest or right therein or part thereof shall be liable for the debts, contracts contracts, or engagements of the Participant Employee or his successors in interest or shall be subject to disposition by transfer, alienation, anticipation, pledge, encumbrance, assignment or any other means whether such disposition be voluntary or involuntary or by operation of law by judgment, levy, attachment, garnishment or any other legal or equitable proceedings (including bankruptcy), ) and any attempted disposition thereof shall be null and void and of no effect; providedPROVIDED, howeverHOWEVER, that this Section 4.2 shall not prevent transfers by will or by the applicable laws of descent and distribution.

Appears in 1 contract

Samples: Restricted Stock Agreement (Petco Animal Supplies Inc)

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Restricted Stock Not Transferable. Prior to vesting pursuant to Section 3.2 above, no Restricted Stock No unvested Shares or any interest or right therein or part thereof shall be liable for the debts, contracts or engagements of the Participant Grantee or his successors in interest or shall be subject to disposition by transfer, alienation, anticipation, pledge, encumbrance, assignment or any other means whether such disposition be voluntary or involuntary or by operation of law by judgment, levy, attachment, garnishment or any other legal or equitable proceedings (including bankruptcy), and any attempted disposition thereof shall be null and void and of no effect; provided, however, that this Section 4.2 shall not prevent transfers by will or by applicable laws of descent and distribution.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Veeco Instruments Inc)

Restricted Stock Not Transferable. Prior to vesting pursuant to Section 3.2 above, no No Restricted Stock or any interest or right therein or part thereof shall be liable for the debts, contracts or engagements of the Participant or his or her successors in interest or shall be subject to disposition by transfer, alienation, anticipation, pledge, encumbrance, assignment or any other means whether such disposition be voluntary or involuntary or by operation of law by judgment, levy, attachment, garnishment or any other legal or equitable proceedings (including bankruptcy), and any attempted disposition thereof shall be null and void and of no effect; provided, however, that this Section 4.2 3.2 shall not prevent transfers by will or by applicable laws of descent and distribution.

Appears in 1 contract

Samples: Restricted Stock Agreement (Mercury General Corp)

Restricted Stock Not Transferable. Prior to vesting pursuant to Section 3.2 above, no No Restricted Stock or any interest or right therein or part thereof shall be liable for the debts, contracts or engagements of the Participant or his successors in interest or shall be subject to disposition by transfer, alienation, anticipation, pledge, encumbrance, assignment assignment, or any other means whether such disposition be voluntary or involuntary or by operation of law by judgment, levy, attachment, garnishment garnishment, or any other legal or equitable proceedings (including bankruptcy), and any attempted disposition thereof shall be null and void and of no effect; provided, however, that this Section 4.2 shall not prevent transfers by will or by applicable laws of descent and distribution.

Appears in 1 contract

Samples: Restricted Stock Agreement (United Defense Industries Inc)

Restricted Stock Not Transferable. Prior to vesting pursuant to Section 3.2 above, no Restricted Stock or any interest or right therein or part thereof shall be liable for the debts, contracts or engagements of the Participant or his successors in interest or shall be subject to disposition by transfer, alienation, anticipation, pledge, encumbrance, #PageNum# assignment or any other means whether such disposition be voluntary or involuntary or by operation of law by judgment, levy, attachment, garnishment or any other legal or equitable proceedings (including bankruptcy), and any attempted disposition thereof shall be null and void and of no effect; provided, however, that this Section 4.2 shall not prevent transfers by will or by applicable laws of descent and distribution.

Appears in 1 contract

Samples: Restricted Stock Agreement (Parexel International Corp)

Restricted Stock Not Transferable. Prior to vesting pursuant to Section 3.2 above, no No Restricted Stock or any interest or right therein or part thereof shall be liable for the debts, contracts or engagements of the Participant Director or his the Director’s successors in interest or shall be subject to disposition by transfer, alienation, anticipation, pledge, encumbrance, assignment or any other means whether such disposition be voluntary or involuntary or by operation of law by judgment, levy, attachment, garnishment or any other legal or equitable proceedings (including bankruptcy), and any attempted disposition thereof shall be null and void and of no effect; provided, however, that this Section 4.2 shall not prevent transfers by will or by applicable laws of descent and distribution.

Appears in 1 contract

Samples: Restricted Stock Agreement (Scpie Holdings Inc)

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