Restricted Units Nontransferable. Restricted Units awarded pursuant to this Agreement may not be sold, exchanged, pledged, transferred, assigned, or otherwise encumbered, hypothecated or disposed of by Grantee (or any beneficiary) other than by will or laws of descent and distribution, and any such purported Transfer shall be null and void ab initio.

Non-Transferability. The Restricted Share Units Nontransferable. Restricted Units awarded pursuant to this Agreement may not be sold, exchanged, assigned, transferred, pledged, transferred, assigned,encumbered or otherwise encumbered, hypothecated or disposed of by Grantee (or any beneficiary) other thanGrantee, except by will or the laws of descent and distribution,distribution. Any purported transfer or encumbrance in violation of this provision shall be void, and the other party to any such purported Transfertransaction shall be null and void ab initio.not obtain any rights to or interest in the Restricted Share Units.

Limits on Transferability. Grantee’s right in the Restricted Units Nontransferable. RestrictedStock Units awarded pursuant tounder this Agreement and any interest therein may not be sold, exchanged, pledged, transferred, assigned, or otherwise encumbered, hypothecatedhypothecated, transferred, or disposed of by Grantee (orin any beneficiary)manner, other than by will or by the laws of descent and distribution, and any such purported Transferor distribution. The Award shall not be null and void ab initio.subject to execution, attachment or other process.

Nonassignability. The Grantee’s rights and interest in the Restricted Stock Units Nontransferable. Restricted Units awarded pursuant to this Agreement may not be sold, exchanged, pledged, transferred, assigned, pledged, exchanged, hypothecated or otherwise encumbered, hypothecated or disposed of by Grantee (or any beneficiary) other thanexcept by will or the laws of descent and distribution, and any such purported Transfer shall be null and void ab initio.distribution.