Example ContractsClausesNot Transferable
Not Transferable
Not Transferable contract clause examples

Not Transferable. The option herein granted herein shall be deemed personal to the Named Tenant. The exercise of the aforesaid option at a time when # the Occupancy Requirement is not satisfied, or # the Tenant under this Lease is not the Named Tenant, shall be void and of no force and effect unless Landlord shall elect otherwise.

Not Transferable. The option herein granted herein shall be deemed personal to the Named Tenant. The exercise of the aforesaid option at a time when # the Occupancy Requirement is not satisfied, or # the Tenant under this Lease is not the Named Tenant, shall be void and of no force and effect unless Landlord shall elect otherwise.

Not Transferable. The option herein granted herein shall be deemed personal to the Named Tenant. The exercise of the aforesaid option at a time when # the Occupancy Requirement is not satisfied, or # the Tenant under this Lease is not the Named Tenant, shall be void and of no force and effect unless Landlord shall elect otherwise.

Rights Not Transferable. Rights under the Plan are not transferable by a Participant other than by will or the laws of descent and distribution, and are exercisable during the Participant’s lifetime only by the Participant.

Not Transferable. The option herein granted herein shall be deemed personal to the Named Tenant. The exercise of the aforesaid option at a time when # the Occupancy Requirement is not satisfied, or # the Tenant under this Lease is not the Named Tenant, shall be void and of no force and effect unless Landlord shall elect otherwise.

No Award under the Plan may be sold, pledged, assigned or transferred in any manner other than by will or the laws of descent and distribution or, subject to the consent of the Administrator, pursuant to a DRO, unless and until such shares underlying such Award have been issued, and all restrictions applicable to such shares have terminated, expired or lapsed. No Award or interest or right therein shall be liable for the debts, contracts or engagements of the Holder or his or her successors in interest or shall be subject to disposition by transfer, alienation, anticipation, pledge, encumbrance, assignment or any other means whether such disposition be voluntary or involuntary or by operation of law by judgment, levy, attachment, garnishment or any other legal or equitable proceedings (including bankruptcy), and any attempted disposition thereof shall be null and void and of no effect, except to the extent that such disposition is permitted by the preceding sentence.

Rights under the Plan are not transferrable by a Participant other than by will or the laws of succession, and are exercisable during the Participant's lifetime only by the Participant or by the Participant's guardian or legal representative. No rights or Payroll Deductions of a Participant shall be subject to execution, attachment, levy, garnishment or similar process.

Benefits Not Transferable. No Participant or Beneficiary shall have the power to transmit, alienate, dispose of, pledge or encumber any benefit payable under the Plan before its actual payment to the Participant or Beneficiary. Any such effort by a Participant or Beneficiary to convey any interest in the Plan shall not be given effect under the Plan. No benefit payable under the Plan shall be subject to attachment, garnishment, execution following judgment or other legal process before its actual payment to the Participant or Beneficiary. Notwithstanding the foregoing, a benefit payable under the Plan may be assigned under the terms of a Domestic Relations Order, provided the distribution of the portion of the account so assigned shall be accelerated and distributed as soon as administratively practical after receipt by the Company of such Order.

This Award shall be subject to the restrictions on transferability set forth in [Section 10.3] of the Plan. Subject to the foregoing restrictions on transfer, the Plan, the Grant Notice and these Terms and Conditions shall be binding upon Participant and his or her heirs, executors, administrators, successors and assigns.

Not Transferable. The option herein granted herein shall be deemed personal to the Named Tenant. The exercise of the aforesaid option at a time when # the Occupancy Requirement is not satisfied, or # the Tenant under this Lease is not the Named Tenant, shall be void and of no force and effect unless Landlord shall elect otherwise.

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