Common use of Limits on Transferability; Beneficiaries Clause in Contracts

Limits on Transferability; Beneficiaries. The following provision supplements the Limits on Transferability; Beneficiaries section of the Award Agreement: If you are located outside the U.S., this Option may not be Transferred to a designated Beneficiary and may only be Transferred upon your death to your legal heirs in accordance with applicable laws of descent and distribution. In no case may this Option be Transferred to another individual during your lifetime.

Appears in 18 contracts

Samples: Non Qualified Stock Option Award Agreement (Kraft Heinz Co), Non Qualified Stock Option Award Agreement (Kraft Heinz Co), Non Qualified Stock Option Award Agreement (Kraft Heinz Co)

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Limits on Transferability; Beneficiaries. The following provision supplements the Limits on Transferability; Beneficiaries section of the Exhibit A: This Award Agreement: If you are located outside the U.S., this Option may not be Transferred to a designated Beneficiary and may only be Transferred upon your death to your legal heirs in accordance with applicable laws of descent and distribution. In no case may this Option Award be Transferred to another individual during your lifetime.

Appears in 15 contracts

Samples: Performance Award Agreement (Restaurant Brands International Inc.), Matching Restricted Stock Unit Award Agreement (Restaurant Brands International Inc.), Restricted Stock Unit Award Agreement (Restaurant Brands International Inc.)

Limits on Transferability; Beneficiaries. The following provision supplements the Limits on Transferability; Beneficiaries section of the Award Agreement: If you are located outside the U.S., this Option Award may not be Transferred to a designated Beneficiary and may only be Transferred upon your death to your legal heirs in accordance with applicable laws of descent and distribution. In no case may this Option Award be Transferred to another individual during your lifetime.

Appears in 5 contracts

Samples: Additional Matching Restricted Stock Unit Award Agreement (Restaurant Brands International Inc.), Base Matching Restricted Stock Unit Award Agreement (Restaurant Brands International Inc.), Additional Matching Restricted Stock Unit Award Agreement (Restaurant Brands International Inc.)

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Limits on Transferability; Beneficiaries. The following provision supplements the Limits on Transferability; Beneficiaries section of the Award Agreement: If you are located outside the U.S.U.S. and Canada, this Option may not be Transferred to a designated Beneficiary and may only be Transferred upon your death to your legal heirs in accordance with applicable laws of descent and distribution. In no case may this Option be Transferred to another individual during your lifetime.

Appears in 5 contracts

Samples: Board Member Option Award Agreement (Restaurant Brands International Inc.), Option Award Agreement (Restaurant Brands International Inc.), Additional Matching Option Award Agreement (Restaurant Brands International Inc.)

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