Nontransferability of Agreement. This Agreement and all rights under this Agreement shall not be transferable by you during your life other than by will or pursuant to applicable laws of descent and distribution. Any of your rights and privileges in connection herewith shall not be transferred, assigned, pledged or hypothecated by you or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement shall automatically be terminated and shall thereafter be null and void. Notwithstanding the foregoing, all or some of the Units or rights under this Agreement may be transferred to a spouse pursuant to a domestic relations order issued by a court of competent jurisdiction.
Appears in 10 contracts
Samples: Performance Unit Agreement (Holly Energy Partners Lp), Phantom Unit Agreement (Holly Energy Partners Lp), Phantom Unit Agreement (Holly Energy Partners Lp)
Nontransferability of Agreement. This Agreement and all rights under this Agreement shall not be transferable by you the Executive during your his life other than by will or pursuant to applicable laws of descent and distribution. Any of your rights and privileges of the Executive in connection herewith shall not be transferred, assigned, pledged or hypothecated by you the Executive or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement shall automatically be terminated and shall thereafter be null and void. Notwithstanding the foregoing, all or some of the Units Restricted Shares or rights under this Agreement may be transferred to a spouse pursuant to a domestic relations order issued by a court of competent jurisdiction, subject to the limitations on such transfer described in Section 5.
Appears in 4 contracts
Samples: Restricted Stock Agreement (Holly Corp), Restricted Stock Agreement (Holly Corp), Restricted Stock Agreement (Holly Corp)
Nontransferability of Agreement. This Agreement and all rights under this Agreement shall not be transferable by you the Executive during your his life other than by will or pursuant to applicable laws of descent and distribution. Any of your rights and privileges of the Executive in connection herewith shall not be transferred, assigned, pledged or hypothecated by you the Executive or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement shall automatically be terminated and shall thereafter be null and void. Notwithstanding the foregoing, all or some of the Units Restricted Shares or rights under this Agreement may be transferred to a spouse pursuant to a domestic relations order issued by a court of competent jurisdiction, subject to the limitations on such transfer described in Section 8.
Appears in 4 contracts
Samples: Restricted Stock Agreement (Holly Corp), Restricted Stock Agreement (Holly Corp), Restricted Stock Agreement (Holly Corp)
Nontransferability of Agreement. This Agreement and all rights under this Agreement shall not be transferable by you during your life other than by will or pursuant to applicable laws of descent and distribution. Any of your rights and privileges in connection herewith shall not be transferred, assigned, pledged or hypothecated by you or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement shall automatically be terminated and shall thereafter be null and void. Notwithstanding the foregoing, all or some of the Performance Share Units or rights under this Agreement may be transferred to a spouse pursuant to a domestic relations order issued by a court of competent jurisdiction.
Appears in 4 contracts
Samples: Performance Share Unit Agreement (HF Sinclair Corp), Performance Share Unit Agreement (HF Sinclair Corp), Performance Share Unit Agreement (Group 1 Automotive Inc)
Nontransferability of Agreement. This Agreement and all rights under this Agreement shall not be transferable by you during your life other than by will or pursuant to applicable laws of descent and distribution. Any of your rights and privileges in connection herewith shall not be transferred, assigned, pledged or hypothecated by you or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement shall automatically be terminated and shall thereafter be null and void. Notwithstanding the foregoing, all or some of the Performance Share Units or rights under this Agreement may be transferred to a spouse pursuant to a domestic relations order issued by a court of competent jurisdiction.. Xxxxxxx X. Xxxxxx III, Executive Vice President and Chief Financial Officer
Appears in 2 contracts
Samples: Performance Share Unit Agreement (HollyFrontier Corp), Performance Share Unit Agreement (HollyFrontier Corp)
Nontransferability of Agreement. This Agreement and all rights under this Agreement shall not be transferable by you during your life other than by will or pursuant to applicable laws of descent and distribution. Any of your rights and privileges in connection herewith shall not be transferred, assigned, pledged or hypothecated by you or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement shall automatically be terminated and shall thereafter be null and void. Notwithstanding the foregoing, all or some of the Performance Share Units or rights under this Agreement may be transferred to a spouse pursuant to a domestic relations order issued by a court of competent jurisdiction.. Xxxxxxx X. Xxxxxxxx, Chief Executive Officer
Appears in 2 contracts
Samples: Performance Share Unit Agreement (HollyFrontier Corp), Performance Share Unit Agreement (HollyFrontier Corp)
Nontransferability of Agreement. This Agreement and all rights under this Agreement shall not be transferable by you the Employee during your his life other than by will or pursuant to applicable laws of descent and distribution. Any of your rights and privileges of the Employee in connection herewith shall not be transferred, assigned, pledged or hypothecated by you the Employee or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement shall automatically be terminated and shall thereafter be null and void. Notwithstanding the foregoing, all or some of the Units or rights under this Agreement may be transferred to a spouse pursuant to a domestic relations order issued by a court of competent jurisdiction.
Appears in 2 contracts
Samples: Performance Unit Agreement (Holly Energy Partners Lp), Performance Unit Agreement (Holly Energy Partners Lp)
Nontransferability of Agreement. This Agreement and all rights under this Agreement shall not be transferable by you the Employee during your his life other than by will or pursuant to applicable laws of descent and distribution. Any of your rights and privileges of the Employee in connection herewith shall not be transferred, assigned, pledged or hypothecated by you the Employee or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement shall automatically be terminated and shall thereafter be null and void. Notwithstanding the foregoing, all or some of the Units Restricted Shares or rights under this Agreement may be transferred to a spouse pursuant to a domestic relations order issued by a court of competent jurisdiction, subject to the limitations on such transfer described in Section 5.
Appears in 2 contracts
Samples: Restricted Stock Agreement (Holly Corp), Restricted Stock Agreement (Holly Corp)
Nontransferability of Agreement. This Agreement and all rights under this Agreement shall not be transferable by you the Director during your his life other than by will or pursuant to applicable laws of descent and distribution. Any of your rights and privileges of the Director in connection herewith shall not be transferred, assigned, pledged or hypothecated by you the Director or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement shall automatically be terminated and shall thereafter be null and void. Notwithstanding the foregoing, all or some of the Units Restricted Shares or rights under this Agreement may be transferred to a spouse pursuant to a domestic relations order issued by a court of competent jurisdiction, subject to the limitations on such transfer described in Section 5.
Appears in 1 contract
Nontransferability of Agreement. This Agreement and all rights under this Agreement shall not be transferable by you during your life other than by will or pursuant to applicable laws of descent and distribution. Any of your rights and privileges in connection herewith shall not be transferred, assigned, pledged or hypothecated by you or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement shall automatically be terminated and shall thereafter be null and void. Notwithstanding the foregoing, all or some of the Units or rights under this Agreement may be transferred to a spouse pursuant to a domestic relations order issued by a court of competent jurisdiction.. US 7428678v.3
Appears in 1 contract
Nontransferability of Agreement. This Agreement and all rights under this Agreement shall not be transferable by you during your life other than by will or pursuant to applicable laws of descent and distribution. Any of your rights and privileges in connection herewith shall not be transferred, assigned, pledged or hypothecated by you or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement shall automatically be terminated and shall thereafter be null and void. Notwithstanding the foregoing, all or some of the Units RSUs or rights under this Agreement may be transferred to a spouse pursuant to a domestic relations order issued by a court of competent jurisdiction.
Appears in 1 contract
Nontransferability of Agreement. This Agreement and all rights under this Agreement shall not be transferable by you during your life other than by will or pursuant to applicable laws of descent and distribution. Any of your rights and privileges in connection herewith shall not be transferred, assigned, pledged or hypothecated by you or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement shall automatically be terminated and shall thereafter be null and void. Notwithstanding the foregoing, all or some of the Restricted Units or rights under this Agreement may be transferred to a spouse pursuant to a domestic relations order issued by a court of competent jurisdiction, subject to the limitations on such transfer described in Section 5.
Appears in 1 contract
Samples: Restricted Unit Agreement (Holly Energy Partners Lp)
Nontransferability of Agreement. This Agreement and all rights under this Agreement shall not be transferable by you during your life other than by will or pursuant to US 1765230v.4 applicable laws of descent and distribution. Any of your rights and privileges in connection herewith shall not be transferred, assigned, pledged or hypothecated by you or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement shall automatically be terminated and shall thereafter be null and void. Notwithstanding the foregoing, all or some of the Units or rights under this Agreement may be transferred to a spouse pursuant to a domestic relations order issued by a court of competent jurisdiction.
Appears in 1 contract
Samples: Performance Unit Agreement (Holly Energy Partners Lp)
Nontransferability of Agreement. This Agreement and all rights under this Agreement shall not be transferable by you the Director during your the Director’s life other than by will or pursuant to applicable laws of descent and distribution. Any of your rights and privileges of the Director in connection herewith shall not be transferred, assigned, pledged or hypothecated by you the Director or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement shall automatically be terminated and shall thereafter be null and void. Notwithstanding the foregoing, all or some of the Restricted Stock Units or rights under this Agreement may be transferred to a spouse pursuant to a domestic relations order issued by a court of competent jurisdiction.
Appears in 1 contract
Nontransferability of Agreement. This Agreement and all rights under this Agreement shall not be transferable by you the Executive during your his life other than by will or pursuant to applicable laws of descent and distribution. Any of your rights and privileges of the Executive in connection herewith shall not be transferred, assigned, pledged or hypothecated by you the Executive or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement shall automatically be terminated and shall thereafter be null and void. Notwithstanding the foregoing, all or some of the Restricted Units or rights under this Agreement may be transferred to a spouse pursuant to a domestic relations order issued by a court of competent jurisdiction, subject to the limitations on such transfer described in Section 5.
Appears in 1 contract
Samples: Restricted Unit Agreement (Holly Energy Partners Lp)
Nontransferability of Agreement. This Agreement and all rights under this Agreement shall not be transferable by you during your life other than by will or pursuant to applicable laws of descent and distribution. Any of your rights and privileges in connection herewith shall not be transferred, assigned, pledged or hypothecated by you or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement shall automatically be terminated and shall thereafter be null and void. Notwithstanding the US 2395199v.2 foregoing, all or some of the Units or rights under this Agreement may be transferred to a spouse pursuant to a domestic relations order issued by a court of competent jurisdiction.
Appears in 1 contract
Samples: Performance Unit Agreement (Holly Energy Partners Lp)
Nontransferability of Agreement. This Agreement and all rights under this Agreement shall not be transferable by you during your life other than by will or pursuant to applicable laws of descent and distribution. Any of your rights and privileges in connection herewith shall not be transferred, assigned, pledged pledged, or hypothecated by you or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment garnishment, or similar process. In the event of any such occurrence, this Agreement shall automatically be terminated and shall thereafter be null and void. Notwithstanding the foregoing, all or some of the Performance Share Units or rights under this Agreement may be transferred to a spouse pursuant to a domestic relations order issued by a court of competent jurisdiction.
Appears in 1 contract
Samples: Performance Share Unit Agreement (Group 1 Automotive Inc)
Nontransferability of Agreement. This Agreement and all rights under this Agreement shall not be transferable by you the Employee during your his life other than by will or pursuant to applicable laws of descent and distribution. Any of your rights and privileges of the Employee in connection herewith shall not be transferred, assigned, pledged or hypothecated by you the Employee or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement shall automatically be terminated and shall thereafter be null and void. Notwithstanding the foregoing, all or some of the Performance Units or rights under this Agreement may be transferred to a spouse pursuant to a domestic relations order issued by a court of competent jurisdiction.
Appears in 1 contract
Nontransferability of Agreement. This Agreement and all rights under this Agreement shall not be transferable by you the Employee during your his life other than by will or pursuant to applicable laws of descent and distribution. Any of your rights and privileges of the Employee in connection herewith shall not be transferred, assigned, pledged or hypothecated by you the Employee or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement shall automatically be terminated and shall thereafter be null and void. Notwithstanding the foregoing, all or some of the Common Units or rights under this Agreement may be transferred to a spouse pursuant to a domestic relations order issued by a court of competent jurisdiction.
Appears in 1 contract
Samples: Performance Unit Agreement (Holly Energy Partners Lp)
Nontransferability of Agreement. This Agreement and all rights under this Agreement shall not be transferable by you the Employee during your his life other than by will or pursuant to applicable laws of descent and distribution. Any of your rights and privileges of the Employee in connection herewith shall not be transferred, assigned, pledged or hypothecated by you the Employee or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement shall automatically be terminated and shall thereafter be null and void. Notwithstanding the foregoing, all or some of the Restricted Units or rights under this Agreement may be transferred to a spouse pursuant to a domestic relations order issued by a court of competent jurisdiction, subject to the limitations on such transfer described in Section 5.
Appears in 1 contract
Samples: Restricted Unit Agreement (Holly Energy Partners Lp)
Nontransferability of Agreement. This Agreement and all rights under this Agreement shall not be transferable by you during your life other than by will or pursuant to applicable laws of descent and distribution. Any of your rights and privileges in connection herewith shall not be transferred, assigned, pledged or hypothecated by you or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement shall automatically be terminated and shall thereafter be null and void. Notwithstanding the foregoing, all or some a portion of the Units Award or other rights under this Agreement may be transferred to a spouse pursuant to a domestic relations order issued by a court of competent jurisdiction.
Appears in 1 contract
Nontransferability of Agreement. This Agreement and all rights under this Agreement shall not be transferable by you the Service Provider during your his life other than by will or pursuant to applicable laws of descent and distribution. Any of your rights and privileges of the Service Provider in connection herewith shall not be transferred, assigned, pledged or hypothecated by you the Service Provider or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement shall automatically be terminated and shall thereafter be null and void. Notwithstanding the foregoing, all or some of the Common Units or rights under this Agreement may be transferred to a spouse pursuant to a domestic relations order issued by a court of competent jurisdiction.
Appears in 1 contract
Samples: Performance Unit Agreement (Holly Energy Partners Lp)
Nontransferability of Agreement. This Agreement and all rights under this Agreement shall not be transferable by you during your life other than by will or pursuant to applicable laws of descent and distribution. Any of your rights and privileges in connection US 8344952v.3 herewith shall not be transferred, assigned, pledged or hypothecated by you or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement shall automatically be terminated and shall thereafter be null and void. Notwithstanding the foregoing, all or some of the Units or rights under this Agreement may be transferred to a spouse pursuant to a domestic relations order issued by a court of competent jurisdiction.
Appears in 1 contract
Samples: Performance Unit Agreement (Holly Energy Partners Lp)