Common use of Transferability of RSUs Clause in Contracts

Transferability of RSUs. The RSUs may not be transferred in any manner other than by will or by the laws of descent and distribution. Notwithstanding the foregoing, Participant may designate one or more beneficiaries of Participant's RSUs in the event of Participant's death on a beneficiary designation form provided by the Committee. The terms of this Award Agreement shall be binding upon the executors, administrators, heirs, successors and transferees of Participant.

Transferability of RSUs. The RSUs may not be transferred in any manner other than by will or by the laws of descent and distribution. Notwithstanding the foregoing, Participant may designate one or more beneficiaries of Participant's ’s RSUs in the event of Participant's ’s death on a beneficiary designation form provided by the Committee. The terms of this Award Agreement shall be binding upon the executors, administrators, heirs, successors and transferees of Participant.

Transferability of RSUs. The RSUs may not be transferred in any manner other than by will or by the laws of descent and distribution. Notwithstanding the foregoing, the Participant may designate one or more beneficiaries of the Participant's ’s RSUs in the event of the Participant's ’s death on a beneficiary designation form provided by the Committee. The terms of this Award Agreement shall be binding upon the executors, administrators, heirs, successors and transferees of the Participant.

Transferability of RSUs. The RSUs may not be transferred in any manner other than by will or by the laws of descent and distribution. Notwithstanding the foregoing, Participant may designate one or more beneficiaries of Participant's ’s RSUs in the event of Participant's ’s death on a beneficiary designation form provided by the CommitteeAdministrator. The terms of this Award Agreement shall be binding upon the executors, administrators, heirs, successors and transferees of Participant.

Transferability of RSUs. The RSUs may not be transferred in any manner other than by will sold, transferred, pledged, assigned, or by the laws of descent and distribution. Notwithstanding the foregoingotherwise alienated or hypothecated, Participant may designate one or more beneficiaries of Participant's RSUs provided that in the event of the Participant's death on a beneficiary designation form provided by ’s death, shares deliverable or amounts payable with respect to the CommitteeRSUs shall be delivered or paid, as applicable, to the Participant’s designated beneficiary. The terms of this Award Agreement shall be binding upon Administrator will advise Participants with respect to the executors, administrators, heirs, successors procedures for naming and transferees of Participantchanging designated beneficiaries.

Transferability of RSUs. The RSUs may not be assigned or transferred except as provided in any manner other than this Section 4. On the Participant’s death, the payment with respect to the RSUs will pass to the designated beneficiary on file with the Company. If no such designation is made or if the designated beneficiary does not survive the Participant’s death, the payment with respect to the RSUs will pass by will or by the laws of descent and distribution. Notwithstanding the foregoing, Participant may designate one or more beneficiaries of Participant's RSUs in the event of Participant's death on a beneficiary designation form provided by the Committee. The terms of this Award Agreement shall be binding upon the executors, administrators, heirs, successors and transferees of the Participant.