Transferability Restriction. The Option may not be assigned, transferred or otherwise disposed of, or pledged or hypothecated in any way (whether by operation of law or otherwise) (1) without the consent of the Corporation, and (2) such transfer is not in violation of the Securities Act of 1933, the Corporate Securities Laws of the State of Nevada, or the securities laws of any state. Any assignment, transfer, pledge, hypothecation or other disposition of the Option or any attempt to make any such levy of execution, attachment or other process not in accordance with the foregoing sentence shall cause the Option to terminate immediately upon the happening of any such event, and the Recipient shall lose all rights under this agreement, provided, however, that any such termination of the Option under the foregoing provisions of this Paragraph 6, will not prejudice any rights or remedies which the Corporation may have under this Agreement or otherwise.
Transferability Restriction. The Options may not be assigned, transferred or otherwise disposed of, or pledged or hypothecated in any way (whether by operation of law or otherwise) except in strict compliance with Section 6(h) of the Plan. Any assignment, transfer, pledge, hypothecation or other disposition of the Options or any attempt to make any such levy of execution, attachment or other process will cause the Options to terminate immediately upon the happening of any such event, provided, however, that any such termination of the Options under the foregoing provisions of this Paragraph 5 will not prejudice any rights or remedies which the Corporation may have under this Agreement or otherwise.
Transferability Restriction. Except as provided in Paragraph 6 hereof, the shares of Restricted Stock may not be Transferred in any way (whether by operation of law or otherwise), other than to the Company or pursuant to the terms of the Company’s certificate of incorporation. Any Transfer of the shares of Restricted Stock or any attempt to make any Transfer will cause the shares of Restricted Stock to terminate immediately upon the happening of any such event; provided, however, the Company’s rights and remedies under this Agreement shall survive the termination of the shares of Restricted Stock under the provisions of this Paragraph 7.
Transferability Restriction. The Option may not be assigned, transferred or otherwise disposed of, or pledged or hypothecated in any way (whether by operation of law or otherwise) except in compliance with Section 9 of the Plan. Except as otherwise permitted under the Plan or authorized by the Administrator, any assignment, transfer, pledge, hypothecation or other disposition of the Option or any attempt to make any levy of execution, attachment or other process will cause the Option to terminate immediately upon the happening of any such event; provided, however, that any such termination of the Option under the provisions of this Paragraph 5 will not prejudice any rights or remedies which Cresco may have under this Agreement or otherwise.
Transferability Restriction. The RSUs may not be assigned, transferred or otherwise disposed of, or pledged or hypothecated in any way (whether by operation of law or otherwise) except in compliance with Section 9 of the Plan. Except as otherwise permitted under the Plan or authorized by the Administrator, any assignment, transfer, pledge, hypothecation or other disposition of the RSU or any attempt to make any levy of execution, attachment or other process will cause the RSU to terminate immediately upon the happening of any such event; provided, however, that any such termination of the RSU under the provisions of this Paragraph 3 will not prejudice any rights or remedies which Cresco may have under this Agreement or otherwise
Transferability Restriction. The right of a D-M Shareholder to receive any Contingent Cash Payment or to receive cash and/or shares of Penton Common pursuant to Section 2.4(h) may not be sold, assigned, pledged, gifted, conveyed, transferred or otherwise disposed of (a "TRANSFER") by such D-M Xxxreholder, except by will or the laws of descent and distribution (and in the case of any such permitted Transfer, such right shall be subject to the continued application of this Section to any Transfer by the transferee). Any Transfer in violation of this Section 2.4(l) shall be null and void.
Transferability Restriction. The Option may not be assigned, transferred or otherwise disposed of, or pledged or hypothecated in any way (whether by operation of law or otherwise); provided, however, that nothing herein shall be construed as prohibiting Recipient from providing for the disposition of the Option or his right, title and interest in it upon his death (at anytime while he has the right to exercise the Option) by will or testamentary device, or as prohibiting the transfer of the Option by the laws of descent and distribution. Any assignment, transfer, pledge, hypothecation or other disposition of the Option or any attempt to make any such levy of execution, attachment or other process not in accordance with the foregoing sentence shall cause the Option to terminate immediately upon the happening of any such event, and the Recipient shall lose all rights under this Agreement, provided, however, that any such termination of the Option under the foregoing provisions of this Paragraph 7, will not prejudice any rights or remedies which the Corporation may have under this Option Agreement or otherwise.
Transferability Restriction. Your Deferred Stock Units are fully vested at all times. Your Deferred Stock Units are not transferable by you. Except as may be required by federal income tax withholding provisions or by the tax laws of any state, your interests (and the interests of your beneficiaries, if any) under this Agreement are not subject to the claims of your creditors and may not be voluntarily or involuntarily sold, transferred, alienated, assigned, pledged, anticipated, or encumbered. Any attempt to sell, transfer, alienate, assign, pledge, anticipate, encumber, charge or otherwise dispose of any right to benefits payable hereunder shall be void.
Transferability Restriction. The Option may not be assigned, transferred or otherwise disposed of, or pledged or hypothecated in any way (whether by operation of law or otherwise) unless such transfer is not in violation of the Securities Act of 1933, the Corporate Securities Laws of the State of Nevada, or the securities laws of any state. Any assignment, transfer, pledge, hypothecation or other disposition of the Option or any attempt to make any such levy of execution, attachment or other process not in accordance with the foregoing sentence shall cause the Option to terminate immediately upon the happening of any such event, and the Recipient shall lose all rights under this agreement, provided, however, that any such termination of the Option under the foregoing provisions of this Paragraph 6, will not prejudice any rights or remedies which the Corporation may have under this Agreement or otherwise.
Transferability Restriction. The right of a Target Stockholder to receive any Escrow Stock Consideration shall not be sold, assigned, pledged, transferred or otherwise disposed of (a "Transfer") by any Target Stockholder, except by will, judicial order or the laws of descent and distribution or intestacy. Any Transfer in violation of this Section 1J shall be null and void. This Section 1 and the defined terms used in this Section (which are defined in Section 9) shall constitute the plan of merger contemplated by Article 11 of the BCA.
