No Transfers Permitted. Neither this SAR Agreement nor the SARs are transferable by Holder otherwise than by will or the laws of descent and distribution and, so long as an Holder lives, only Holder or his or her guardian or legal representative shall have the right to exercise Vested SARs.
Appears in 6 contracts
Samples: Stock Appreciation Rights Agreement (Denbury Resources Inc), Stock Appreciation Rights Agreement (Denbury Resources Inc), Stock Appreciation Rights Agreement (Denbury Resources Inc)