Transfer, Assignment, and Designation of Beneficiaries. Employee's interest in the Performance Share Units awarded hereunder may not be sold, pledged, assigned or transferred otherwise than, following Employee's death, pursuant to Employee's written designation of beneficiary or beneficiaries made in accordance with procedures established by the Corporation, or, in default of such designation, to Employee's estate or in accordance with the laws of descent and distribution.
Appears in 1 contract
Sources: Performance Share Plan Grant Agreement (Curtiss Wright Corp)
Transfer, Assignment, and Designation of Beneficiaries. Employee's ’s interest in the Performance Share Units and/or Options awarded hereunder may not be sold, pledged, assigned or transferred otherwise than, following Employee's ’s death, pursuant to Employee's ’s written designation of beneficiary or beneficiaries made in accordance with procedures established by the Corporation, or, in default of such designation, to Employee's ’s estate or in accordance with the laws of descent and distribution.
Appears in 1 contract
Transfer, Assignment, and Designation of Beneficiaries. Employee's interest in the Performance Share Units awarded granted hereunder may not be sold, pledged, assigned or transferred otherwise than, following Employee's death, pursuant to Employee's written designation of beneficiary or beneficiaries made in accordance with procedures established by the Corporation, or, in default of such designation, to Employee's estate or in accordance with the laws of descent and distribution.
Appears in 1 contract
Sources: Cash Based Performance Unit Grant Agreement (Curtiss Wright Corp)