Common use of Agreement Not Assignable Clause in Contracts

Agreement Not Assignable. This Agreement and the Restricted Stock Units awarded hereunder are not transferable or assignable by the Grantee; provided that no provision herein shall prevent the distribution of shares to the Grantee’s estate or designated beneficiary, in the event of the Grantee’s death.

Appears in 5 contracts

Samples: Ceo Performance Restricted Stock Unit Plan (CTS Corp), Restricted Stock Unit Agreement (CTS Corp), Restricted Stock Unit Agreement (CTS Corp)

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Agreement Not Assignable. This Agreement and the Restricted Stock Units awarded hereunder are not transferable or assignable by the Grantee; provided that no provision herein shall prevent the distribution of shares to the Grantee’s estate or designated beneficiary, beneficiary as provided in the event of the Grantee’s deathSection 2.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (CTS Corp), Restricted Stock Unit Agreement (CTS Corp), Restricted Stock Unit Agreement (CTS Corp)

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Agreement Not Assignable. This Agreement and the Restricted Stock Units awarded hereunder are not transferable or assignable by the Grantee; provided that no provision herein shall prevent the transfer of such Restricted Stock Units or the Shares related thereto by will or by the laws of descent or distribution of shares to the Grantee’s estate or designated beneficiary, in the event of the Grantee’s death.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (CTS Corp), Restricted Stock Unit Agreement (CTS Corp), Restricted Stock Unit Agreement (CTS Corp)

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