Transfer Prohibited. Executive may not sell, assign, transfer, pledge or otherwise encumber (or make any other Disposition of) any Restricted Equity Units, except upon the death of Executive. Upon any attempted Disposition in violation of this Section 3.2, the Restricted Equity Units shall immediately become null and void.
Transfer Prohibited. Executive may not sell, assign, transfer, pledge or otherwise encumber (or make any other Disposition of) any RSUs, PSUs or Options, except upon the death of Executive. Upon any attempted Disposition in violation of this Section 3.7, the RSUs, PSUs and/or Options shall immediately become null and void. In addition, as set forth in Section 3.9 of this Agreement, each Share delivered pursuant to this Agreement is subject to the Plan.
Transfer Prohibited. The Grantee may not assign, transfer, pledge or encumber in any way the Restricted Stock Units or the Grantee’s right to receive Shares hereunder. Any attempted assignment, transfer, pledge or encumbrance will be void.
Transfer Prohibited. No Units shall be transferred, in whole or in part, except in accordance with the terms and conditions set forth in this Article 10. Any transfer or purported transfer of any Units not made in accordance with this Article 10 shall be null and void. If for any reason any such transfer is not null and void, then the Assignee shall not be a Substitute Member, and shall have no right to participate in the Company’s affairs as a Member thereof, but instead shall be entitled to receive only the share of profits or other compensation by way of income and the return of contributions to which the transferring Member would otherwise be entitled at the time such transferring Member would be entitled to receive the same.
Transfer Prohibited. The Trade Name granted hereunder shall not be assigned, sublicensed, or otherwise transferred without the prior written consent of Grantor. In the event of a prohibited transfer, Grantor shall have the right to terminate this Agreement forthwith by written notice to Grantee.
Transfer Prohibited. Concessionaire shall not, in any manner, directly or indirectly, by operation of law or otherwise, hypothecate, assign, transfer, or encumber this Agreement, the Premises, any Unit or any portion thereof or any interest therein, in whole or in part or any right or privilege appurtenant thereto, or allow any other person (the employees and invitees of Concessionaire excepted) to occupy or use the Premises, or any portion thereof ("Transfer"), without the prior written consent of Board, which may be granted, denied or conditioned in Board’s sole discretion. Any written request for consent to a Transfer shall include proposed documentation evidencing such Transfer, name and address of the proposed transferee and the nature and character of the business of the proposed transferee and shall provide current and 3 years prior financial statements for the proposed transferee, which financial statements shall be audited to the extent available and shall in any event be prepared in accordance with generally accepted accounting principles (collectively, a "Transfer Request"). This Agreement shall not, nor shall any interest therein, be assignable as to the interest of Concessionaire by operation of law without the prior written consent of Board.
Transfer Prohibited. Executive may not sell, assign, transfer, pledge or otherwise encumber (or make any other Disposition of) any Restricted Share Units, except upon the death of Executive. Upon any attempted Disposition in violation of this Section 3.2, the Restricted Share Units shall immediately become null and void. In addition, as set forth in Section 3.4 of this Agreement, each Share delivered pursuant to this Agreement (whether pursuant to Restricted Share Units or the Share Bonus Award) is subject to the Plan.
Transfer Prohibited. This Addendum is not assignable or transferable in whole or in part to any party except in connection with a transfer or assignment of the "Dairy Queen" franchise referred to in Paragraph 1.1 to which Licensor has given its prior written consent. Regarding transfer fee as set forth in the "Agreement", gross sales amounts shall include all gross sales of "Dairy Queen" Soft Serve Products and Brazier Food line, in computing traxxxxx xee.
Transfer Prohibited. Contractor's interest in this Agreement may not be subcontracted, assigned, delegated, or otherwise transferred to a third party, in whole or in part, without the express written consent of the City of Angleton.
Transfer Prohibited. The General Partner may not voluntarily resign, withdraw or transfer all or any portion of their interests as General Partner except as provided in this Section 7.5.
