Agreement Not Assignable. This Agreement and the Restricted Stock Units awarded hereunder are not transferable or assignable by the Grantee; provided that no provision herein shall prevent the distribution of shares to the Grantee’s estate or designated beneficiary as provided in Section 2.
Appears in 5 contracts
Samples: Restricted Stock Unit Agreement (CTS Corp), Focus 2025 Incentive Plan (CTS Corp), Restricted Stock Unit Agreement (CTS Corp)
Agreement Not Assignable. This Agreement and the Restricted Stock Units awarded hereunder are not transferable or assignable by the Grantee; provided that no provision herein shall prevent the distribution of shares to the Grantee’s estate or designated beneficiary as provided beneficiary, in Section 2the event of the Grantee’s death.
Appears in 5 contracts
Samples: Performance Restricted Stock Unit Plan (CTS Corp), Restricted Stock Unit Agreement (CTS Corp), Restricted Stock Unit Agreement (CTS Corp)
Agreement Not Assignable. This Agreement and the Restricted Stock Units awarded hereunder are not transferable or assignable by the Grantee; provided that no provision herein shall prevent the transfer of such Restricted Stock Units or the Shares related thereto by will or by the laws of descent or distribution in the event of shares to the Grantee’s estate or designated beneficiary as provided in Section 2death.
Appears in 3 contracts
Samples: Restricted Stock Unit Agreement (CTS Corp), Director Restricted Stock Unit Agreement (CTS Corp), Restricted Stock Unit Agreement (CTS Corp)
