Common use of Transferability; Binding Effect Clause in Contracts

Transferability; Binding Effect. The rights of the Participant under this Agreement shall not be transferable except, in the event of death, by will or by the laws of descent and distribution. Subject to the provisions of the Plan, this Agreement shall inure to the benefit of and be binding upon the Participant and the Company and their respective heirs, legal representatives, successors and assigns.

Appears in 3 contracts

Samples: Restricted Stock Agreement (Om Group Inc), Restricted Stock Agreement (Om Group Inc), Restricted Stock Award Agreement (Preformed Line Products Co)

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Transferability; Binding Effect. The Subject to Section 16 of the Plan, the rights of the Participant under this Agreement shall not be transferable exceptother than, in the event of death, by will or by the laws of descent and distribution, or other than in accordance with a domestic relations order or comparable order that is issued and is applicable to the Participant. Subject to the provisions of the Plan, this Agreement shall inure to the benefit of and be binding upon the Participant and the Company and their respective heirs, legal representatives, successors and assigns.

Appears in 1 contract

Samples: Restricted Stock Agreement (Om Group Inc)

Transferability; Binding Effect. The rights of the Participant under this Agreement shall not be transferable except, in the event of death, by will or by the laws of descent and distribution. Subject to the provisions of the Plan, this Agreement shall inure to the benefit of and be binding upon the Participant and the Company and their respective heirs, legal representatives, successors representatives and assignssuccessors.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Preformed Line Products Co)

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Transferability; Binding Effect. The Subject to Section 16 of the Plan, the rights of the Participant under this Agreement shall not be transferable except, other than in the event of death, by will or by the laws of descent and distribution, or other than in accordance with a domestic relations order or comparable order that is issued and is applicable to the Participant. Subject to the provisions of the Plan, this Agreement shall inure to the benefit of and be binding upon the Participant and the Company and their respective heirs, legal representatives, successors and assigns.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Om Group Inc)

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