Common use of RSUs Not Transferable Clause in Contracts

RSUs Not Transferable. The Participant understand that the RSUs are not assignable or transferable, in whole or in part, and they may not, directly or indirectly, be offered, transferred, sold, pledged, assigned, alienated, hypothecated or otherwise disposed of or encumbered (including, but not limited to, by gift, operation of law or otherwise).

Appears in 3 contracts

Samples: Employment Agreement (Tribune Media Co), Employment Agreement (Tribune Media Co), Restricted Stock Unit Agreement (Tribune Media Co)

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RSUs Not Transferable. The Participant understand that neither the RSUs nor Dividend Equivalents are not assignable or transferable, in whole or in part, and they may not, directly or indirectly, be offered, transferred, sold, pledged, assigned, alienated, hypothecated or otherwise disposed of or encumbered (including, but not limited to, by gift, operation of law or otherwise).

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Tribune Media Co)

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RSUs Not Transferable. The Participant understand understands that neither the RSUs nor Dividend Equivalents are not assignable or transferable, in whole or in part, and they may not, directly or indirectly, be offered, transferred, sold, pledged, assigned, alienated, hypothecated or otherwise disposed of or encumbered (including, but not limited to, by gift, operation of law or otherwise).

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Tribune Media Co)

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