Common use of Transferability of Award Clause in Contracts

Transferability of Award. The RSUs may not be transferred, pledged, sold, assigned, alienated or otherwise encumbered by the Director in any manner other than by will or by the laws of descent and distribution. Any such purported transfer, pledge, sale, assignment, alienation or encumbrance will be void and unenforceable against the Company. The terms of this Grant Agreement shall be binding upon the executors, administrators, heirs and successors of the Director.

Transferability of Award. The RSUs RSU Award may not be transferred, pledged, sold, assigned, alienated or otherwise encumbered by the Director Grantee in any manner other than by will or by the laws of descent and distribution. Any such purported transfer, pledge, sale, assignment, alienation or encumbrance will be void and unenforceable against the Company. The terms of this Grant Agreement the RSU Award shall be binding upon the executors, administrators, heirs and successors of the DirectorGrantee.

Transferability of Award. The RSUs may not be transferred, pledged, sold, assigned, alienated or otherwise encumbered by the Director in any manner other than by will or by the laws of descent and distribution. Any such purported transfer, pledge, sale, assignment, alienation or encumbrance will be void and unenforceable against the Company. The terms of this Grant Stock Notification and Award Agreement shall be binding upon the executors, administrators, heirs and successors of the Director.

Transferability of Award. The RSUs RSU may not be transferred, pledged, sold, assigned, alienated or otherwise encumbered by the Director Grantee in any manner other than by will or by the laws of descent and distribution. Any such purported transfer, pledge, sale, assignment, alienation or encumbrance will be void and unenforceable against the Company. The terms of this Grant Agreement the RSU shall be binding upon the executors, administrators, heirs and successors of the DirectorGrantee.