Common use of Transfer of your RSUs and Designation of Beneficiaries Clause in Contracts

Transfer of your RSUs and Designation of Beneficiaries. Your RSUs represent a contract between Sprint Nextel and you, and your rights under the contract are not assignable to any other party during your lifetime. Upon your death, shares of Common Stock underlying your RSUs will be delivered in accordance with the terms of the Award to any beneficiaries you name in a beneficiary designation or, if you make no designation, to your estate.

Appears in 6 contracts

Samples: Award Agreement (Sprint Nextel Corp), Award Agreement (Sprint Nextel Corp), Award Agreement (Sprint Nextel Corp)

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Transfer of your RSUs and Designation of Beneficiaries. Your RSUs represent represents a contract between Sprint Nextel and you, and your rights under the contract are not assignable to any other party during your lifetime. Upon your death, shares of Common Stock underlying your RSUs will be delivered in accordance with the terms of the Award to any beneficiaries you name in a beneficiary designation or, if you make no designation, to your estate.

Appears in 4 contracts

Samples: Award Agreement (Sprint Nextel Corp), Award Agreement (Sprint Nextel Corp), Award Agreement (Sprint Nextel Corp)

Transfer of your RSUs and Designation of Beneficiaries. Your RSUs represent a contract between Sprint Nextel and you, and your rights under the contract are not assignable to any other party during your lifetimelifetime nor do they give you a preferred claim to any particular assets or shares of Sprint Nextel. Upon your death, shares of Common Stock underlying your RSUs will be delivered in accordance with the terms of the Award to any beneficiaries you name in a beneficiary designation or, if you make no designation, to your estate.

Appears in 2 contracts

Samples: Performance Based Restricted Stock Unit Award Agreement (Sprint Nextel Corp), Restricted Stock Unit Award Agreement (Sprint Nextel Corp)

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Transfer of your RSUs and Designation of Beneficiaries. Your RSUs represent a contract between Sprint Nextel and you, and your rights under the contract are not assignable to any other party during your lifetime. Upon your death, shares of Common Stock underlying your RSUs will be delivered in accordance with the terms of the Award to any beneficiaries you name in a beneficiary designation or, if you make no designation, to your estate.. Xxxxx RSU Award Agreement

Appears in 1 contract

Samples: Award Agreement (Sprint Nextel Corp)

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