Common use of Nonassignability Clause in Contracts

Nonassignability. This award may not be assigned, pledged, or transferred except, if the Participant dies, to a designated beneficiary or by will or by the laws of descent and distribution. The foregoing restrictions do not apply to transfers under a court order, including, but not limited to, any domestic relations order.

Appears in 26 contracts

Samples: Non Annual Performance Share Unit Award Agreement (Estee Lauder Companies Inc), Performance Share Unit Award Agreement (Estee Lauder Companies Inc), Performance Share Unit Award Agreement (Estee Lauder Companies Inc)

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Nonassignability. This award may not be assigned, pledged, or transferred transferred, except, if the Participant dies, to a designated beneficiary or by will or by the laws of descent and distribution. The foregoing restrictions do not apply to transfers under a court order, including, but not limited to, any domestic relations order.

Appears in 25 contracts

Samples: Restricted Stock Unit Agreement (Estee Lauder Companies Inc), Restricted Stock Unit Agreement (Estee Lauder Companies Inc), Restricted Stock Unit Agreement (Estee Lauder Companies Inc)

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Nonassignability. This award may not be assigned, pledged, or transferred except, if in the Participant diesevent of death, to a designated beneficiary or by will or by the laws of descent and distribution. The foregoing restrictions do shall not apply to transfers under pursuant to a court order, including, but not limited to, any domestic relations order.

Appears in 8 contracts

Samples: Performance Share Award Agreement (Unocal Corp), Performance Share Award Agreement (Unocal Corp), Restricted Stock Unit Agreement (Estee Lauder Companies Inc)

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