Common use of Restrictions on Transfer Clause in Contracts

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise (collectively “transfer”) any RSUs, or any interest therein, except by will or the laws of descent and distribution.

Appears in 72 contracts

Sources: Restricted Stock Unit Agreement (Thermo Fisher Scientific Inc.), Restricted Stock Unit Agreement (Thermo Fisher Scientific Inc.), Global Restricted Stock Unit Agreement (Akamai Technologies Inc)

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate hypothecate, encumber or otherwise dispose of, by operation of law or otherwise (collectively “transfer”) any RSUs, or any interest therein, except by will . The Company shall not be required to treat as the owner of any RSUs or issue any Common Stock to any transferee to whom such RSUs have been transferred in violation of any of the laws provisions of descent and distributionthis Agreement.

Appears in 51 contracts

Sources: Restricted Stock Unit Agreement (Akebia Therapeutics, Inc.), Restricted Stock Unit Agreement (Akebia Therapeutics, Inc.), Restricted Stock Unit Agreement (GrabAGun Digital Holdings Inc.)

Restrictions on Transfer. The Participant shall may not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, of by operation of law or otherwise (collectively “transfer”) otherwise, any RSUs, or any interest therein, except by will or the laws of descent and distribution.

Appears in 15 contracts

Sources: Employee Restricted Stock Unit Agreement (Idexx Laboratories Inc /De), Director Restricted Stock Unit Agreement (Idexx Laboratories Inc /De), Restricted Stock Unit Agreement (Idexx Laboratories Inc /De)

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose ofencumber, by operation of law or otherwise (collectively “transfer”) otherwise, any RSUs, or any interest therein, except by will or until such RSUs have vested and the laws of descent and distributionShares underlying the RSUs have been issued.

Appears in 9 contracts

Sources: Restricted Stock Unit Agreement (Verastem, Inc.), Restricted Stock Unit Agreement (Verastem, Inc.), Restricted Stock Unit Agreement (OvaScience, Inc.)

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise (collectively “transfer”) any RSUsPSUs, or any interest therein, except by will or the laws of descent and distribution.

Appears in 8 contracts

Sources: Performance Based Stock Unit Agreement (Casella Waste Systems Inc), Performance Based Stock Unit Agreement (Casella Waste Systems Inc), Performance Based Stock Unit Agreement (Casella Waste Systems Inc)

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate hypothecate, or otherwise dispose of, by operation of law or otherwise (collectively “transfer”) any RSUs, or any interest therein, except by will or the laws of descent and distribution.

Appears in 6 contracts

Sources: Performance Restricted Stock Unit Agreement (Thermo Fisher Scientific Inc.), Performance Restricted Stock Unit Agreement (Thermo Fisher Scientific Inc.), Performance Restricted Stock Unit Agreement (Thermo Fisher Scientific Inc.)

Restrictions on Transfer. The Participant shall may not sell, assign, transfer, pledge, hypothecate pledge as security or otherwise dispose oftransfer or encumber the unvested RSUs, whether voluntary or involuntary, and if involuntary, whether by operation process of law in any civil or otherwise (collectively “transfer”) any RSUscriminal suit, action or any interest thereinproceeding, except by will whether in the nature of an insolvency or the laws of descent and distributionbankruptcy proceeding or otherwise.

Appears in 5 contracts

Sources: Restricted Share Unit Award Agreement (Southland Holdings, Inc.), Restricted Share Unit Award Agreement (Bio-Path Holdings Inc), Restricted Share Unit Award Agreement (Bio-Path Holdings Inc)

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise (collectively “transfer”) any RSUs, or any interest therein, except by will or ; provided that the laws Participant may transfer the RSUs to the extent necessary to fulfill a domestic relations order (as defined in Section 414(p)(1)(B) of descent and distributionthe Code).

Appears in 5 contracts

Sources: Restricted Stock Unit Agreement (MKS Instruments Inc), Restricted Stock Unit Agreement (MKS Instruments Inc), Restricted Stock Unit Agreement (MKS Instruments Inc)

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise (collectively “transfer”) any RSUs, or any interest therein, except by will or the laws of descent and distribution, and any such purported transfer shall be null and void and of no force or effect, unless otherwise determined by the Company.

Appears in 4 contracts

Sources: Restricted Stock Unit Agreement (LogMeIn, Inc.), Restricted Stock Unit Agreement (LogMeIn, Inc.), Restricted Stock Unit Agreement (LogMeIn, Inc.)

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise (collectively "transfer") any RSUs, or any interest therein, except by will or the laws of descent and distribution.

Appears in 3 contracts

Sources: Performance Share Restricted Stock Unit Agreement (Akamai Technologies Inc), Restricted Stock Unit Agreement (Aspen Technology Inc /De/), Restricted Stock Unit Agreement (Akamai Technologies Inc)

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, encumber by operation of law or otherwise (collectively “transfer”) any RSUs, or any interest therein, except by will or the laws of descent and distribution.

Appears in 2 contracts

Sources: Restricted Stock Unit Agreement (Kronos Inc), Restricted Stock Unit Agreement (Kronos Inc)

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise (collectively “transfer”) any RSUs, or any interest therein, except by will or the laws of descent and distribution.distribution the RSU Award or Dividend Equivalent Rights granted herein..

Appears in 2 contracts

Sources: Restricted Share Unit Award and Dividend Equivalent Rights Agreement (Portage Biotech Inc.), Restricted Share Unit Award and Dividend Equivalent Rights Agreement (Portage Biotech Inc.)

Restrictions on Transfer. a. The Participant shall may not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, of by operation of law or otherwise (collectively “transfer”) otherwise, any RSUs, or any interest therein, except by will or the laws of descent and distribution.

Appears in 1 contract

Sources: Employee Leveraged Restricted Stock Unit Agreement (Idexx Laboratories Inc /De)

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise (collectively “transfer”) any RSUs, or any interest therein, except by will or ; provided that the laws Participant may transfer the RSUs to the extent necessary to fulfill a domestic relations order (as defined in section 414(p)(1)(B) of descent and distributionthe Code).

Appears in 1 contract

Sources: Restricted Stock Unit Agreement (MKS Instruments Inc)

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise (collectively “transfer”) any RSUsDSUs, or any interest therein, except by will or the laws of descent and distribution.

Appears in 1 contract

Sources: Deferred Stock Unit Agreement (First Marblehead Corp)

Restrictions on Transfer. The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise (collectively "transfer") any RSUs, or any interest therein, except by will will, trust, or the laws of descent and distribution.

Appears in 1 contract

Sources: Restricted Stock Unit Agreement (Unica Corp)