Common use of Transferring Your Restricted Stock Clause in Contracts

Transferring Your Restricted Stock. Normally your Restricted Stock may not be transferred to another person. However, as described in Section 3(f), you may complete a Beneficiary Designation Form to name the person to receive any Restricted Stock that is vested before you die but settled after you die. Also, the Committee may allow you to place your Restricted Stock into a trust established for your benefit or the benefit of your family. Contact [Third Party Administrator] at [TPA Telephone Number] or at the address given above if you are interested in doing this.

Appears in 2 contracts

Samples: Scotts Miracle-Gro Co, Scotts Miracle-Gro Co

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Transferring Your Restricted Stock. Normally your Restricted Stock may not be transferred to another person. However, as described in Section 3(f)) of this Award Agreement, you may complete a Beneficiary Designation Form to name the person to receive any Restricted Stock that is vested before you die but settled after you die. Also, the Committee may allow you to place your Restricted Stock into a trust established for your benefit or the benefit of your family. Contact [Third Party Administrator] at [TPA Telephone Number] or at the address given above if you are interested in doing this.

Appears in 2 contracts

Samples: Scotts Miracle-Gro Co, Scotts Miracle-Gro Co

Transferring Your Restricted Stock. Normally your Restricted Stock may not be transferred to another person. However, as described in Section 3(f3(g), you may complete a Beneficiary Designation Form to name the person to receive any Restricted Stock that is vested before you die but settled after you die. Also, the Committee may allow you to place your Restricted Stock into a trust established for your benefit or the benefit of your family. Contact [Third Party Administrator] at [TPA Telephone Number] or at the address given above if you are interested in doing this.

Appears in 1 contract

Samples: Scotts Miracle-Gro Co

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Transferring Your Restricted Stock. Normally your Restricted Stock may not be transferred to another person. However, as described in Section 3(f), you may complete a Beneficiary Designation Form to name the person to receive any Restricted Stock that is vested before you die but settled after you die. Also, the Committee may allow you to place your Restricted Stock into a trust established for your benefit or the benefit of your family, but the beneficiaries of any such trust cannot extend beyond the restricted class of beneficiaries in Section 15 of the Plan (as amended by the Sub-Plan). Contact [Third Party Administrator] at [TPA Telephone Number] or at the address given above if you are interested in doing this.

Appears in 1 contract

Samples: Scotts Miracle-Gro Co

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