Transferability; Binding Effect. The rights of the Executive under this Agreement shall not be transferable except, in the event of death, by will or by the laws of descent and distribution. Subject to the provisions of the Plan, this Agreement shall inure to the benefit of and be binding upon the Executive and the Company and their respective heirs, legal representatives, successors and assigns.
Appears in 2 contracts
Sources: Restricted Stock Agreement (Om Group Inc), Restricted Stock Agreement (Om Group Inc)