Restricted Stock Units Are Nontransferable. No RSUs or Dividend Equivalents shall be sold, exchanged, pledged, transferred, assigned, or otherwise encumbered, hypothecated or disposed of by you (or any beneficiary) other than by testamentary disposition by you or by the laws of descent and distribution.
Appears in 5 contracts
Samples: Certain Restricted Stock (American Electric Power Co Inc), Certain Restricted Stock (Southwestern Electric Power Co), Certain Restricted Stock (Ohio Power Co)
Restricted Stock Units Are Nontransferable. No RSUs or Dividend Equivalents shall be sold, exchanged, pledged, transferred, assigned, or otherwise encumbered, hypothecated or disposed of by you (or any beneficiary) other than by testamentary disposition by you or by the laws of descent and distribution).
Appears in 3 contracts
Samples: Restricted Stock Unit Award Agreement (Appalachian Power Co), Restricted Stock Unit Award Agreement (Appalachian Power Co), Restricted Stock Unit Award Agreement (Southwestern Electric Power Co)
Restricted Stock Units Are Nontransferable. No RSUs or Dividend Equivalents shall be sold, exchanged, pledged, transferred, assigned, or otherwise encumbered, hypothecated or disposed of by you (or any beneficiary) other than by testamentary disposition by you or by the laws of descent and distribution.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Southwestern Electric Power Co)
