Common use of Permissible Transfers Clause in Contracts

Permissible Transfers. During the Participant’s lifetime, the Participant may, with the consent of the Committee, transfer without consideration all or any portion of this RSU to one or more members of his/her Immediate Family, to a trust established for the exclusive benefit of one or more members of his/her Immediate Family, to a partnership in which all the partners are members of his/her Immediate Family, or to a limited liability company in which all the members are members of his/her Immediate Family.

Appears in 15 contracts

Samples: Restricted Stock Unit Agreement (Swift Energy Co), Restricted Stock Unit Agreement (Swift Energy Co), Restricted Stock Unit Agreement (Swift Energy Co)

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Permissible Transfers. During the Participant’s lifetime, the Participant may, with the consent of the Committee, transfer without consideration all or any portion of RSUs granted under this RSU Agreement to one or more members of his/her Immediate FamilyFamily Members, to a trust established for the exclusive benefit of one or more members of his/her Immediate FamilyFamily Members, to a partnership in which all the partners are members of his/her Immediate FamilyFamily Members, or to a limited liability company in which all the members are members of his/her Immediate FamilyFamily Members.

Appears in 14 contracts

Samples: Restricted Stock Unit Agreement (Masonite International Corp), Restricted Stock Unit Agreement (Masonite International Corp), Restricted Stock Unit Agreement (Masonite International Corp)

Permissible Transfers. During the Participant’s lifetime, the Participant may, with the consent of the Committee, transfer without consideration all or any portion of this RSU SAR to one or more members of his/her Immediate Family, to a trust established for the exclusive benefit of one or more members of his/her Immediate Family, to a partnership in which all the partners are members of his/her Immediate Family, or to a limited liability company in which all the members are members of his/her Immediate Family.

Appears in 10 contracts

Samples: Stock Appreciation Rights Agreement (Masonite International Corp), Stock Appreciation Rights Agreement (Masonite International Corp), Stock Appreciation Rights Agreement (Masonite International Corp)

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Permissible Transfers. During the Participant’s lifetime, the Participant may, with the consent of the Committee, transfer without consideration all or any portion of this RSU to one or more members of his/her Immediate FamilyFamily Members, to a trust established for the exclusive benefit of one or more members of his/her Immediate FamilyFamily Members, to a partnership in which all the partners are members of his/her Immediate FamilyFamily Members, or to a limited liability company in which all the members are members of his/her Immediate FamilyFamily Members.

Appears in 7 contracts

Samples: Restricted Stock Unit Agreement (Masonite International Corp), Restricted Stock Unit Agreement (Masonite International Corp), Restricted Stock Unit Agreement (Masonite International Corp)

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