Limitations on Transferability. Except as otherwise provided by the Plan or by the Committee, the Participant’s rights to Performance Shares may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated, other than by will or by the laws of descent and distribution. The Participant’s rights under an Award Agreement shall be exercisable during the Participant’s lifetime only by the Participant or the Participant’s legal representative.
Appears in 5 contracts
Samples: Washington Gas Light Co, Washington Gas Light Co, Washington Gas Light Co
Limitations on Transferability. Except as otherwise provided by the Plan or by the Committee, the Participant’s rights to Performance Shares Units may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated, other than by will or by the laws of descent and distribution. The Participant’s rights under an Award Agreement shall be exercisable during the Participant’s lifetime only by the Participant or the Participant’s legal representative.
Appears in 4 contracts
Samples: Washington Gas Light Co, Washington Gas Light Co, Washington Gas Light Co
Limitations on Transferability. Except as otherwise provided by the Plan or by the Committee, the Participant’s rights under this Agreement and the right to Performance Shares under this Agreement may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated, other than by will or by the laws of descent and distribution. The Participant’s rights under an Award the Plan and this Agreement shall be exercisable during the Participant’s lifetime only by the Participant or the Participant’s legal representative.
Appears in 2 contracts
Samples: Performance Share Award Agreement (Washington Gas Light Co), Washington Gas Light Co
Limitations on Transferability. Except as otherwise provided by the Plan or by the Committee, the Participant’s rights under this Agreement and the right to Performance Shares Units under this Agreement may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated, other than by will or by the laws of descent and distribution. The Participant’s rights under an Award the Plan and this Agreement shall be exercisable during the Participant’s lifetime only by the Participant or the Participant’s legal representative.
Appears in 1 contract
Samples: Performance Unit Award Agreement (Washington Gas Light Co)
