Common use of Non-Transferability of PSUs Clause in Contracts

Non-Transferability of PSUs. Unless the Committee determines otherwise in advance in writing, PSUs may not be transferred in any manner otherwise than by will or by the applicable laws of descent or distribution. The terms of the Plan and this Agreement shall be binding upon the executors, administrators, heirs and permitted successors and assigns of the Participant.

Appears in 16 contracts

Samples: Performance Stock Unit Agreement (Veralto Corp), Performance Stock Unit Agreement (Fortive Corp), Performance Stock Unit Agreement (Envista Holdings Corp)

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Non-Transferability of PSUs. Unless otherwise provided by the Committee determines otherwise in advance in writingits discretion, PSUs may not be transferred sold, assigned, alienated, transferred, pledged, attached or otherwise encumbered except as provided in any manner otherwise than by will Section 9(a) of the Plan. Any purported sale, assignment, alienation, transfer, pledge, attachment or by other encumbrance of PSUs in violation of the applicable laws provisions of descent or distribution. The terms this Section 9 and Section 9(a) of the Plan and this Agreement shall be binding upon the executors, administrators, heirs and permitted successors and assigns of the Participantvoid.

Appears in 5 contracts

Samples: Performance Stock Unit Award Agreement (Evolent Health, Inc.), Performance Stock Unit Award Agreement (Evolent Health, Inc.), Performance Stock Unit Award Agreement (Evolent Health, Inc.)

Non-Transferability of PSUs. Unless the Committee determines otherwise in advance in writing, PSUs may not be transferred in any manner otherwise than by will or by the applicable laws of descent or distribution. The terms of the Plan and this the Agreement shall be binding upon the executors, administrators, heirs and permitted successors and assigns of the ParticipantGrantee.

Appears in 2 contracts

Samples: Performance Stock Unit Agreement (Granite Point Mortgage Trust Inc.), Performance Stock Unit Agreement (Granite Point Mortgage Trust Inc.)

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Non-Transferability of PSUs. Unless the Committee Administrator determines otherwise in advance in writing, PSUs may not be transferred in any manner otherwise than by will or by the applicable laws of descent or distribution. The terms of the Plan and this the Agreement shall be binding upon the executors, administrators, heirs and permitted successors and assigns of the ParticipantGrantee.

Appears in 1 contract

Samples: Performance Stock Unit Agreement (Granite Point Mortgage Trust Inc.)

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