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Common use of Performance Share Awards Clause in Contracts

Performance Share Awards. Performance Share Awards may not be assigned, transferred (other than by will or the laws of descent and distribution), pledged or hypothecated (whether by operation of law or otherwise) or otherwise conveyed or encumbered, and shall not be subject to execution, attachment or similar process. Any attempted assignment, transfer, pledge, hypothecation or other disposition of a Performance Share Award contrary to the provisions of this Agreement or the Plan, or the levy of any execution, attachment or similar process upon a Performance Share Award, shall be void and unenforceable against the Company.

Appears in 18 contracts

Samples: Long Term Incentive Program Award Agreement (Best Buy Co Inc), Long Term Incentive Program Award Agreement (Best Buy Co Inc), Long Term Incentive Program Award Agreement (Best Buy Co Inc)

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Performance Share Awards. Performance Share Awards may not be assigned, transferred (other than by will or the laws of descent and distribution), pledged or hypothecated (whether by operation of law or otherwise) or otherwise conveyed or encumbered, and shall not be subject to execution, attachment or similar process. Any attempted assignment, transfer, pledge, hypothecation or other disposition of a Performance Share 11 Award contrary to the provisions of this Agreement or the Plan, or the levy of any execution, attachment or similar process upon a Performance Share Award, shall be void and unenforceable against the Company.

Appears in 1 contract

Samples: Long Term Incentive Program Award Agreement (Best Buy Co Inc)

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Performance Share Awards. Performance Share Awards may not be assigned, transferred (other than by will or the laws of descent and distribution), pledged or hypothecated (whether by operation of law or otherwise) or otherwise conveyed or encumbered, and shall not be subject to execution, attachment or similar process. Any attempted assignment, transfer, pledge, hypothecation or other disposition of a Performance Share Award contrary to the provisions of this Agreement or the Plan, or the levy of any execution, 11 attachment or similar process upon a Performance Share Award, shall be void and unenforceable against the Company.

Appears in 1 contract

Samples: Long Term Incentive Program Award Agreement (Best Buy Co Inc)

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