Common use of Transferability of Award Clause in Contracts

Transferability of Award. The Award and, prior to issuance, the Performance Shares may not be transferred or encumbered by the Grantee, except by will or the laws of descent and distribution, or pursuant to a qualified domestic relations order.

Appears in 3 contracts

Samples: Performance Share Award Agreement (Actuant Corp), Performance Share Award Agreement (Actuant Corp), Performance Share Award Agreement (Actuant Corp)

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Transferability of Award. The Award and, prior to issuance, the Performance Shares may not be transferred or encumbered by the Grantee, except by will or the laws of descent and distribution, or pursuant to a qualified domestic relations order. 14.

Appears in 3 contracts

Samples: Global Performance Share Award Agreement (Enerpac Tool Group Corp), Global Performance Share Award Agreement (Enerpac Tool Group Corp), Performance Share Award Agreement (Enerpac Tool Group Corp)

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Transferability of Award. The Award and, prior to issuance, the Performance Shares may not be transferred or encumbered by the Grantee, except by will or the laws of descent and distribution, or pursuant to a qualified domestic relations order. 15.

Appears in 1 contract

Samples: Performance Share Award Agreement (Enerpac Tool Group Corp)

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