Common use of Assignment of Award Clause in Contracts

Assignment of Award. Except as otherwise permitted by the Committee, the Grantee’s rights under the LTIP, 2012 Incentive Plan and this Agreement are personal; no assignment or transfer of the Grantee’s rights under and interest in this Award may be made by the Grantee other than by will or by the laws of descent and distribution or by a qualified domestic relations order, and this Award is payable during his lifetime only to the Grantee, or in the case of a Grantee who is mentally incapacitated, this Award shall be payable to his guardian or legal representative.

Appears in 4 contracts

Samples: Phantom Stock Award Agreement (Insperity, Inc.), Phantom Stock Award Agreement (Insperity, Inc.), Phantom Stock Award Agreement (Insperity, Inc.)

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Assignment of Award. Except as otherwise permitted by the Committee, the Grantee’s rights under the LTIP, 2012 Incentive Plan and this Agreement are personal; no assignment or transfer of the Grantee’s rights under and interest in this Award may be made by the Grantee other than by will or by the laws of descent and distribution or by a qualified domestic relations order, and this Award is payable during his lifetime only to the Grantee, or in the case of a Grantee who is mentally incapacitated, this Award shall be payable to his guardian or legal representative.

Appears in 2 contracts

Samples: Initial Director Stock Award Agreement (Insperity, Inc.), Restricted Stock Agreement (Insperity, Inc.)

Assignment of Award. Except as otherwise permitted by the Committee, the Grantee’s rights under the LTIP, 2012 Incentive Plan and this Agreement are personal; no assignment or transfer of the Grantee’s rights under and interest in this Award may be made by the Grantee other than by will or by the laws of descent and distribution or by a qualified domestic relations order, and this Award is payable during his lifetime only to the Grantee, or in the case of a Grantee grantee who is mentally incapacitated, this Award shall be payable to his guardian or legal representative.

Appears in 1 contract

Samples: Restricted Stock Agreement (Motive Inc)

Assignment of Award. Except as otherwise permitted by the Committee, the Grantee’s rights under the LTIP, 2012 Incentive Plan and this Agreement are personal; no assignment or transfer of the Grantee’s rights under and interest in this Award may be made by the Grantee other than by will or by the laws of descent and distribution or by a qualified domestic relations order, and this Award is payable during his lifetime only to the Grantee, or in the case of a Grantee grantee who is mentally incapacitated, this Award shall be payable to his guardian or legal representative.

Appears in 1 contract

Samples: Restricted Stock Agreement (Motive Inc)

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Assignment of Award. Except as otherwise permitted by the Committee, the Grantee’s rights under the LTIP, 2012 Incentive Plan and this Agreement are personal; no assignment or transfer of the Grantee’s rights under and interest in this Award may be made by the Grantee other than by will or by the laws of descent and distribution or by a qualified domestic relations order, and this Award is payable during his lifetime only to the Grantee, or in the case of a Grantee who is mentally incapacitated, this Award shall be payable to his guardian or legal representative.

Appears in 1 contract

Samples: Phantom Stock Award Agreement (Insperity, Inc.)

Assignment of Award. Except as otherwise permitted by the Committee, the Grantee’s 's rights under the LTIP, 2012 Incentive Plan and this Agreement are personal; no assignment or transfer of the Grantee’s 's rights under and interest in this Award may be made by the Grantee other than by will or by the laws of descent and distribution or by a qualified domestic relations order, and this Award is payable during his lifetime only to the Grantee, or in the case of a Grantee grantee who is mentally incapacitated, this Award shall be payable to his guardian or legal representative.

Appears in 1 contract

Samples: Restricted Stock Agreement (Administaff Inc \De\)

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