Assignment/Encumbrance. Neither this Award nor any right under this Agreement may be assigned, alienated, pledged, attached, sold, or otherwise transferred or encumbered by the Participant otherwise than by will or by the laws of descent and distribution. This Agreement shall be binding upon the parties hereto and their respective heirs, legal representatives, and successors.
Appears in 5 contracts
Sources: Restricted Unit Award Agreement (Valero Energy Partners Lp), Restricted Unit Award Agreement (Valero Energy Partners Lp), Restricted Unit Award Agreement (Valero Energy Partners Lp)