Common use of Transfer of Award Clause in Contracts

Transfer of Award. You cannot gift, transfer, assign, alienate, pledge, hypothecate, attach, sell, or encumber this Award. If you attempt to do any of these things, this Award will immediately become invalid. You may, however, dispose of this Award in your will or it may be transferred by the laws of descent and distribution. Regardless of any marital property settlement agreement, the Company is not obligated to recognize your spouse’s interest in your Award in any other way.

Appears in 22 contracts

Samples: Restricted Stock Unit Agreement (California BanCorp \ CA), Restricted Stock Grant Agreement (GAN LTD), Stock Unit Agreement (GAN LTD)

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Transfer of Award. You cannot gift, transfer, assign, alienate, pledge, hypothecate, attach, sell, or encumber this Award. If you attempt to do any of these things, this Award will immediately become invalid. You may, however, dispose of this Award in your will or it may be transferred by the laws of descent and distribution. Regardless of any marital property settlement agreement, the Company is not obligated to recognize your spouse’s 's interest in your Award in any other way.

Appears in 1 contract

Samples: Performance Unit Agreement (Lifevantage Corp)

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