Assignment and Transfers. The rights and interests of the Participant under this Award Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Participant, by will or by the laws of descent and distribution. If the Participant dies, any payments to be made under this Award Agreement after the Participant’s death shall be paid to the Participant’s estate. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliates.
Appears in 4 contracts
Samples: Performance Unit Award Agreement (Ugi Corp /Pa/), Performance Unit Award Agreement (Ugi Corp /Pa/), Performance Unit Award Agreement (Ugi Corp /Pa/)
Assignment and Transfers. The rights and interests of the Participant under this Award Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Participant, by will or by the laws of descent and distribution. If the Participant dies, any payments to be made under this Award Agreement after the Participant’s death shall be paid to the Participant’s estate. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliates.
Appears in 2 contracts
Samples: Nonqualified Stock Option Award Agreement (Ugi Corp /Pa/), Nonqualified Stock Option Award Agreement (Ugi Corp /Pa/)
Assignment and Transfers. The rights and interests of the Participant under this Award Agreement may not be sold, assigned, encumbered encumbered, or otherwise transferred transferred, except, in the event of the death of the Participant, by will or by the laws of descent and distribution. If the Participant dies, The Company may assign any payments to be made under this Award Agreement after the Participant’s death shall be paid to the Participant’s estate. The of its rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliatesinterests hereunder.
Appears in 2 contracts
Samples: Restricted Stock Unit Award Agreement (Lear Corp), Restricted Stock Unit Agreement (Lear Corp)
Assignment and Transfers. The rights and interests of the Participant under this Award Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Participant, by will or by the laws of descent and distribution. If the Participant dies, any payments to be made under this Award Agreement after the Participant’s death shall be paid to the personal representative of the Participant’s estate, or the personal representative under applicable law if the Participant dies intestate. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliates. This Award Agreement may be assigned by the Company without the Participant’s consent.
Appears in 2 contracts
Samples: Restricted Stock Unit Award Agreement (Ugi Corp /Pa/), Annual Restricted Stock Unit Award Agreement (Ugi Corp /Pa/)