Common use of Transferability of RSUs Clause in Contracts

Transferability of RSUs. The RSUs or any of the rights granted hereunder may not be sold, pledged or otherwise transferred otherwise than by will or the laws of descent and distribution.

Transferability of RSUs. The RSUs or any of the rights granted hereunder may not be sold, pledged pledged, assigned, hypothecated, gifted, transferred or otherwise transferred otherwise disposed of in any manner either voluntarily or involuntarily by operation of law, other than by will or by the laws of descent and distribution.distribution or except as and to the extent permitted by Section 12 of the Plan