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 the Corporation and you, and your rights under the contract are not assignable to any other party during your lifetime nor do they give you a preferred claim to any particular assets or shares of the Corporation. 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 5 contracts

Samples: Employment Agreement (SPRINT Corp), Restricted Stock Units (SPRINT Corp), Employment Agreement (SPRINT Corp)

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Transfer of your RSUs and Designation of Beneficiaries. Your RSUs represent a contract between the Corporation and you, and your rights under the contract are not assignable to any other party during your lifetime nor do they give you a preferred claim to any particular assets or shares of the Corporation. Upon your death, shares of Common Stock underlying your RSUs any Earned Shares prorated as described in Paragraph 4 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 3 contracts

Samples: Employment Agreement (SPRINT Corp), Restricted Stock Units (SPRINT Corp), Restricted Stock Units (SPRINT Corp)

Transfer of your RSUs and Designation of Beneficiaries. Your RSUs represent a contract between the Corporation Company and you, and your rights under the contract are not assignable to any other party during your lifetime nor do they give you a preferred claim to any particular assets or shares of the CorporationCompany. 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: Employment Agreement (SPRINT Corp), Employment Agreement (SPRINT Corp)

Transfer of your RSUs and Designation of Beneficiaries. Your RSUs represent a contract between the Corporation Company and you, and your rights under the contract are not assignable to any other party during your lifetime nor do they give you a preferred claim to any particular assets or shares of the CorporationCompany. Upon the Vesting Date following your death, shares of Common Stock underlying your RSUs any Earned Shares prorated as described in Paragraph 4 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: Employment Agreement (SPRINT Corp), Employment Agreement (SPRINT Corp)

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Transfer of your RSUs and Designation of Beneficiaries. Your RSUs represent a contract between the Corporation and you, and your rights under the contract are not assignable to any other party during your lifetime nor do they give you a preferred claim to any particular assets or shares of the Corporation. Upon your death, shares of Common Stock underlying your RSUs any Earned Shares prorated as described in Paragraph 4 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.. Xxxx Employment Agreement Page 28 of 33

Appears in 1 contract

Samples: Employment Agreement (SPRINT Corp)

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