Succession and Transfer. Each and all of the provisions of this Agreement are binding upon and inure to the benefit of the Company and the Recipient and their permitted successors, assigns and legal representatives.
Succession and Transfer. Each and all of the provisions of this Agreement are binding upon and inure to the benefit of the Company and the Optionee and their successors, assigns and legal representatives; provided, however, that the Option granted hereunder shall not be transferable by the Optionee (or the Optionee’s successor or legal representative) other than by will or by the laws of descent and distribution and may be exercised during the lifetime of the Optionee, only by the Optionee or by his or her guardian or legal representative.
Succession and Transfer. The provisions of this Agreement shall be binding upon and run to the benefit of the Company and Participant and their respective heirs, personal representatives, successors, and assigns. However, neither this Agreement nor any other right under the Plan may be assigned, pledged, hypothecated, given or otherwise transferred by Participant, except as permitted by the Plan. NAME OF PARTICIPANT ACCEL INTERNATIONAL CORPORATION /s/ Xxxx X. Xxxxxxx /s/ Xxxxxx X. Xxxxxxxxx ----------------------- ---------------------------------- Xxxx X. Xxxxxxx Xxxxxx X. Xxxxxxxxx Chairman of the Board, President And Chief Executive Officer EXHIBIT B NOTICE OF EXERCISE OF OPTION ACCEL INTERNATIONAL CORPORATION 000 Xxxxx Xxxxx Xxxxx, Xxxxx 000 Xxxxxx, Xxxx 00000 Attention: Xxxxxxxx X. Xxxxxxxxx, Senior Vice President and Secretary Dear Sir: On June 16, 1998, I was granted an option under the 1996 Stock Incentive Plan, as amended, of ACCEL INTERNATIONAL CORPORATION (the "Company") under which I may buy a total of 10,000 shares of Common Stock, $.10 par value of the Company ("Shares"), at a price of $3.21875 per Share. This letter is to notify you that I wish to buy the following Shares under the option: ___________________ Shares @ $3.21875 per Share: $_________________ Local, State and Federal Withholding Taxes Payable to ACCEL International Corporation: $_________________ Total (payable by certified or bank check only) $ ================= Payment in full of the amounts due as listed above is included with this notice. Please deliver the stock certificates to me as indicated below. Yours truly, _____________________________ (Participant) Name (Please Print): _________________________________________ Address: _________________________________________ _________________________________________ Area Code & Tel. No.: _________________________________________ Social Security No.: _________________________________________
Succession and Transfer. Each and all of the provisions of this Stock Option Agreement are binding upon and inure to the benefit of the Company and the Optionee and their respective estate, successors and assigns, subject to any limitations on transferability under applicable law or as set forth in the Plan.
Succession and Transfer. Each and all of the provisions of this Award Agreement are binding upon and inure to the benefit of the Company and the Grantee and their respective estate, successors and assigns, subject to any limitations on transferability under applicable law or as set forth in the Plan or herein.
Succession and Transfer. Each and all of the provisions of this Agreement are binding upon and inure to the benefit of the Company and the Grantee and their heirs, successors, and assigns. However, neither the Restricted Stock nor this Agreement is transferable prior to the Vested Date other than by will or by the laws of descent and distribution.
Succession and Transfer. If the Cooperator transfers his or her interest in the enrolled property to a non-Federal entity, the Service will regard the new owner as having the same rights and responsibilities with respect to the enrolled property as the Cooperator, if the new property owner agrees and commits in writing to become a party to this Agreement and subject to the permit referenced in section 9 hereof through a Certificate of Inclusion.
Succession and Transfer. As provided in 50 CFR 13.25, if a Cooperator transfers his or her interest in the enrolled lands to another non-federal entity, the new owner has the option to accept the original Cooperator’s responsibilities and assurances. If the new owner chooses to accept the original Cooperator’s responsibilities and assurances, the Service will regard the new owner or manager as having the same rights and responsibilities with respect to the enrolled lands as the original Cooperator for the remainder of the term of the Agreement. If the new owner chooses not to participate in the Agreement and the activities described in the property’s Reintroduction Plan, he or she will retain authorization for incidental take due to otherwise lawful activities via the Biological Opinion as a non-participating landowner, provided the Service is given an opportunity to trap ferrets currently on the property.
Succession and Transfer. This CCAA shall be binding on and shall inure to the benefit of the Parties and their respective successors and transferees, (i.e., new owners) in accordance with applicable regulations (50 CFR 13.24 and 13.25). The rights and obligations under this CCAA and associated CIs can transfer with the ownership of the enrolled property and are transferable to subsequent non-federal property owners pursuant to 50 CFR 13.25. The take authority and assurances that are provided with each CI are also transferable to the new owner(s) pursuant to 50 CFR
Succession and Transfer. As provided in Part 11 of the Service’s Safe Harbor Policy (64 FR 32717), if the District transfers their interest in the Enrolled Property to another non-Federal entity, the Service will regard the new owner or manager as having the same rights and responsibilities with respect to the Enrolled Property as the District, if the new owner or manager agrees to become a party to the Agreement in place of the District.
