Common use of Assignment and Transfers Clause in Contracts

Assignment and Transfers. The rights and interests of the Participant under this Award may not be assigned, encumbered or transferred except, in the event of the death of the Participant, by will or the laws of descent and distribution.

Appears in 18 contracts

Sources: Performance Unit Award Agreement (Lear Corp), Performance Share Award Agreement (Lear Corp), Performance Share Award Agreement (Lear Corp /De/)

Assignment and Transfers. The Participant may not assign, encumber or transfer any of his or her rights and interests of under the Participant under Award described in this Award may not be assignedAgreement, encumbered or transferred except, in the event of the death of the Participanthis or her death, by will or the laws of descent and distribution. The Company may assign any of its rights and interests hereunder.

Appears in 3 contracts

Sources: Non Qualified Stock Option Agreement (Lear Corp), Performance Based Restricted Stock Unit Award Agreement (Lear Corp), Restricted Stock Unit Award Agreement (Lear Corp)

Assignment and Transfers. The Participant may not assign, encumber or transfer any of his or her rights and interests of under the Participant under Award described in this Award may not be assignedAgreement, encumbered or transferred except, in the event of the death of the Participanthis or her death, by will or the laws of descent and distribution.

Appears in 3 contracts

Sources: Restricted Stock Unit Award Agreement (Lear Corp), Restricted Stock Unit Award Agreement (Lear Corp), Restricted Stock Unit Award Agreement (Lear Corp)

Assignment and Transfers. The rights and interests of the Participant under this Award Agreement may not be assigned, encumbered encumbered, or transferred transferred, except, in the event of the death of the Participant, by will or the laws of descent and distribution. The Company may assign any of its rights and interests hereunder.

Appears in 3 contracts

Sources: Restricted Stock Unit Award Agreement (Lear Corp), Restricted Stock Unit Agreement (Lear Corp), Restricted Stock Unit Agreement (Lear Corp)