Non-Transferability Clause Example from Business Contracts

This example Non-Transferability clause appears in 3 contracts from 1 company

Non-Transferability. Subject to the terms of the Plan, no rights under this Agreement shall be transferable otherwise than by will, the laws of descent and distribution or pursuant to a Qualified Domestic Relations Order ("QDRO"), and, except to the extent otherwise provided herein, the rights and the benefits of the Agreement may be exercised and received, respectively, during the lifetime of the Participant only by the Participant or by the Participant's guardian or legal representative or by an "alternate payee" ...pursuant to a QDRO. View More
Found in MRC GLOBAL INC. contract
MRC GLOBAL INC. Contracts

MRC Global Inc. Nonqualified Stock Option Agreement (Feb. 2014 rev.) (Filed With SEC on February 21, 2014)

MRC Global Inc. Restricted Stock Award Agreement (Feb. 2014 rev) (Filed With SEC on February 21, 2014)

MRC Global Inc. Director Restricted Stock Award Agreement (Feb. 2014 rev) (Filed With SEC on February 21, 2014)