No Assignment or Transfer. The Participant’s rights and interest under the Plan or under this Award Agreement, including amounts payable, may not be sold, assigned, donated, or transferred or otherwise disposed of, mortgaged, pledged or encumbered except, in the event of the Participant’s death, to a designated Beneficiary to the extent permitted by the Committee, or in the absence of such designation, by will or the laws of descent and distribution.
Appears in 7 contracts
Samples: Restricted Share Unit Award Agreement (Partnerre LTD), Executive Share Settled Share Appreciation Right Agreement (Partnerre LTD), Executive Performance Share Unit Award Agreement (Partnerre LTD)
No Assignment or Transfer. The Unless otherwise permitted by such Committee, as has been delegated by the Board, the Participant’s rights and interest under the Plan or under this Award Agreement, including amounts payable, may not be sold, assigned, donated, or transferred or otherwise disposed of, mortgaged, pledged or encumbered except, in the event of the Participant’s death, to a designated Beneficiary to the extent permitted by the Committee, or in the absence of such designation, by will or the laws of descent and distribution.
Appears in 2 contracts
Samples: Non Employee Director Restricted Share Unit Award Agreement (Partnerre LTD), Non Employee Director Restricted Share Unit Award Agreement (Partnerre LTD)
