Restriction upon Assignment. A right granted under the Plan shall not be transferable other than by will or the applicable laws of descent and distribution, and is exercisable during the Participant’s lifetime only by the Participant. Except as provided in Section 12.4 hereof, a right under the Plan may not be exercised to any extent except by the Participant. The Company shall not recognize and shall be under no duty to recognize any assignment or alienation of the Participant’s interest in the Plan, the Participant’s rights under the Plan or any rights thereunder.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Horizon Acquisition Corp), Joinder Agreement (Ascendant Digital Acquisition Corp.), Agreement and Plan of Reorganization (FTAC Olympus Acquisition Corp.)
Restriction upon Assignment. A right granted under the Plan shall not be transferable other than by will or the applicable laws of descent and distribution, and is exercisable during the Participant’s lifetime only by the Participant. Except as provided in Section 12.4 hereof, a right under the Plan may not be exercised to any extent except by the Participant. The Company shall not recognize and shall be under no duty to recognize any assignment or alienation of the Participant’s interest in the Plan, the Participant’s rights under the Plan or any rights thereunder.
Appears in 1 contract
Samples: Registration Rights Agreement (Northern Genesis Acquisition Corp. II)
Restriction upon Assignment. A right granted under the Plan shall not be transferable other than by will or the applicable laws Applicable Laws of descent and distribution, and is shall be exercisable during the Participant’s lifetime only by the Participant. Except as provided in Section 12.4 hereofthe case of a Participant’s death, a right under the Plan may not be exercised to any extent except by the Participant. The Company shall not recognize and shall be under no duty to recognize any assignment or alienation of the Participant’s interest in the Plan, the Participant’s rights under the Plan or any rights thereunder.
Appears in 1 contract
Samples: Agreement and Plan of Merger (DFP Healthcare Acquisitions Corp.)
Restriction upon Assignment. A right granted under the Plan shall not be transferable transferable, other than by will or the applicable laws Applicable Laws of descent and distribution, and is exercisable during the Participant’s lifetime only by the Participant. Except as provided in Section 12.4 hereof, a right under the Plan may not be exercised to any extent except by the Participant. The Company shall not recognize and shall be under no duty to recognize any assignment or alienation of the Participant’s interest in the Plan, the Participant’s rights under the Plan or any rights thereunder.
Appears in 1 contract
Samples: Business Combination Agreement (L&F Acquisition Corp.)
Restriction upon Assignment. A right granted under the Plan shall not be transferable other than by will or the applicable laws Applicable Laws of descent and distribution, and is exercisable during the Participant’s lifetime only by the Participant. Except as provided in Section 12.4 hereof, a right under the Plan may not be exercised to any extent except by the Participant. The Company shall not recognize and shall be under no duty to recognize any assignment or alienation of the Participant’s interest in the Plan, the Participant’s rights under the Plan or any rights thereunder.
Appears in 1 contract
Samples: Registration Rights Agreement (Locust Walk Acquisition Corp.)
