Transferability of SARs. For the purposes of the UK Sub-Plan, Section 6.5 of the Federated Plan shall read as follows: “SARs granted under the Sub-Plan may not be sold, transferred, pledged, assigned, hypothecated or otherwise disposed of in any manner other than on the UK Participant’s death to the UK Participant’s Personal Representative, and may be exercised during the lifetime of the UK Participant, only by the UK Participant.”
Appears in 4 contracts
Samples: Uk Sub Plan to Federated Hermes, Inc. Stock Incentive Plan (Federated Hermes, Inc.), Uk Sub Plan to Federated Hermes, Inc. Stock Incentive Plan (Federated Hermes, Inc.), Uk Sub Plan to Federated Investors, Inc. Stock Incentive Plan