Transferability of SARs. Except as provided in Section 9.5, during the lifetime of a Grantee, only the Grantee (or, in the event of legal incapacity or incompetency, the Grantee’s guardian or legal representative) may exercise a SAR. Except as provided in Section 9.5, no SAR shall be assignable or transferable by the Grantee to whom it is granted, other than by will or the laws of descent and distribution.
Appears in 3 contracts
Samples: Equity Incentive Plan (QTS Realty Trust, Inc.), RLJ Lodging Trust, RLJ Lodging Trust
Transferability of SARs. Except as provided in Section 9.5, during the lifetime of a Grantee, only the Grantee (or, in the event of legal incapacity or incompetency, the Grantee’s 's guardian or legal representative) may exercise a SAR. Except as provided in Section 9.5, no SAR shall be assignable or transferable by the Grantee to whom it is granted, other than by will or the laws of descent and distribution.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Enterprise Acquisition Corp.), __________________________________________________________________ (China Armco Metals, Inc.)
Transferability of SARs. Except as provided in Section 9.510.5, during the lifetime of a Grantee, only the Grantee (or, in the event of legal incapacity or incompetency, the Grantee’s 's guardian or legal representative) may exercise a SAR. Except as provided in Section 9.510.5, no SAR shall be assignable or transferable by the Grantee to whom it is granted, other than by will or the laws of descent and distribution.
Appears in 1 contract
Samples: Colonial Properties Trust
Transferability of SARs. Except as provided in Section 9.59.6, during the lifetime of a GranteeGrantee of a SAR, only the Grantee (or, in the event of such Grantee's legal incapacity or incompetency, the Grantee’s 's guardian or legal representative) may exercise a such SAR. Except as provided in Section 9.59.6, no SAR shall be assignable or transferable by the Grantee to whom it is granted, other than by will or the laws of descent and distribution.
Appears in 1 contract
Samples: Non Qualified Stock Option Transfer Agreement (Walker & Dunlop, Inc.)
Transferability of SARs. Except as provided in Section 9.59.6, during the lifetime of a GranteeGrantee of a SAR, only the Grantee (or, in the event of such Xxxxxxx’s legal incapacity or incompetency, the Granteesuch Xxxxxxx’s guardian or legal representative) may exercise a such SAR. Except as provided in Section 9.59.6, no SAR shall be assignable or transferable by the Grantee to whom it is granted, other than by will or the laws of descent and distribution.
Appears in 1 contract
Samples: BrightSpire Capital, Inc.
Transferability of SARs. Except as provided in Section 9.5, during the lifetime of a GranteeGrantee of a SAR, only the Grantee (or, in the event of such Xxxxxxx’s legal incapacity or incompetency, the Granteesuch Xxxxxxx’s guardian or legal representative) may exercise a such SAR. Except as provided in Section 9.5, no SAR shall be assignable or transferable by the Grantee to whom it is granted, other than by will or the laws of descent and distribution.
Appears in 1 contract
Samples: Dell Inc
