Nontransferability of the Award. Prior to the issuance of Shares on settlement of the Award, neither this Award nor any PSUs subject to this Award shall be subject in any manner to anticipation, alienation, sale, exchange, transfer, assignment, pledge, encumbrance, or garnishment by creditors of the Participant or the Participant’s beneficiary, except transfer by will or by the laws of descent and distribution. All rights with respect to the Award shall be exercisable during the Participant’s lifetime only by the Participant or the Participant’s guardian or legal representative.
Appears in 8 contracts
Samples: Performance Share Unit Agreement (Hain Celestial Group Inc), Performance Share Unit Agreement (Hain Celestial Group Inc), Performance Share Unit Agreement (Hain Celestial Group Inc)
