Transferability. The Option is not transferable other than by will or the laws of descent and distribution or pursuant to a "domestic relations order," as defined in the Code or Title I of the Employee Retirement Income Security Act or the rules thereunder, and shall not otherwise be transferred, assigned, pledged, hypothecated or disposed of in any way, whether by operation of law or otherwise, nor shall it be subject to execution, attachment or similar process. Notwithstanding the foregoing, the Option may be
... transferred by Participant to (i) the spouse, children or grandchildren of Participant (each an "Immediate Family Member"), (ii) a trust or trusts for the exclusive benefit of any or all Immediate Family Members, or (iii) a partnership in which any or all Immediate Family Members are the only partners, provided that (x) there may be no consideration paid or otherwise given for any such transfer, and (y) subsequent transfer of the Option is prohibited otherwise than by will, the laws of descent and distribution or pursuant to a domestic relations order. Following transfer, the Option shall continue to be subject to the same terms and conditions as were applicable immediately prior to transfer. The provisions of Section 5 above shall continue to be applied with respect to the original Participant following transfer and the Option shall be exercisable by the transferee only to the extent, and for the periods specified, herein. Upon any attempt to transfer the Option other than as permitted herein or to assign, pledge, hypothecate or dispose of the Option other than as permitted herein, or upon the levy of any execution, attachment or similar process upon the Option, the Option shall immediately terminate and become null and void.
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Transferability.
The Option is Grant Units are not transferable
other otherwise than by will or the laws of descent and distribution or pursuant to a "domestic relations order," as defined in the Code or Title I of the Employee Retirement Income Security Act or the rules thereunder, and shall not
be otherwise
be transferred, assigned, pledged, hypothecated or
otherwise disposed of in any way, whether by operation of law or otherwise, nor shall
it the Grant Units be subject to execution, attachment or similar
... process. Notwithstanding the foregoing, the Option Grant Units may be transferred by the Participant to (i) the spouse, children or grandchildren of the Participant (each an "Immediate Family Member"), (ii) a trust or trusts for the exclusive benefit of any or all Immediate Family Members, or (iii) a partnership in which any or all Immediate Family Members are the only partners, or (iv) to a retirement plan for the sole benefit of the Participant and/or his Immediate Family Members provided that (x) there may be no consideration paid or otherwise given for any such transfer, and (y) subsequent transfer of the Option Grant Units is prohibited otherwise than by will, the laws of descent and distribution or pursuant to a domestic relations order. Following transfer, the Option Grant Units shall continue to be subject to the same terms and conditions as were applicable immediately prior to transfer. The provisions of Section Sections 3, 4 and 5 above shall continue to be applied with respect to the original Participant following transfer and the Option Grant Units shall be exercisable by the transferee vest and mature, as applicable, only to the extent, and for the periods specified, herein. extent specified therein. Upon any attempt to transfer the Option other Grant Units otherwise than as permitted herein or to assign, pledge, hypothecate or otherwise dispose of the Option other Grant Units otherwise than as permitted herein, or upon the levy of any execution, attachment or similar process upon the Option, Grant Units, the Option Grant Units shall immediately terminate and become null and void.
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Transferability.
The Option is Grant Units are not transferable other than by will or the laws of descent and distribution or pursuant to a "domestic relations order," as defined in the Code or Title I of the Employee Retirement Income Security Act or the rules thereunder, and shall not otherwise be transferred, assigned, pledged, hypothecated or disposed of in any way, whether by operation of law or otherwise, nor shall
it the Grant Units be subject to execution, attachment or similar process. Notwithstanding
... the foregoing, the Option Grant Units may be transferred by Participant to (i) the spouse, children or grandchildren of Participant (each an "Immediate Family Member"), (ii) a trust or trusts for the exclusive benefit of any or all Immediate Family Members, or (iii) a partnership in which any or all Immediate Family Members are the only partners, or (iv) to a retirement plan for the sole benefit of Participant and/or his Immediate Family Members provided that (x) there may be no consideration paid or otherwise given for any such transfer, and (y) subsequent transfer of the Option Grant Units is prohibited otherwise other than by will, the laws of descent and distribution or pursuant to a domestic relations order. Following transfer, the Option Grant Units shall continue to be subject to the same terms and conditions as were applicable immediately prior to transfer. The provisions of Section Sections 3, 4 and 5 above shall continue to be applied with respect to the original Participant following transfer and the Option Grant Units shall be exercisable by the transferee vest and mature, as applicable, only to the extent, and for the periods specified, herein. extent specified therein. Upon any attempt to transfer the Option Grant Units other than as permitted herein or to assign, pledge, hypothecate or dispose of the Option Grant Units other than as permitted herein, or upon the levy of any execution, attachment or similar process upon the Option, Grant Units, the Option Grant Units shall immediately terminate and become null and void.
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Transferability. The
Option is Stock Units are not transferable
other otherwise than by will or the laws of descent and distribution or pursuant to a "domestic relations
order," order", as defined in the Code or Title I of the Employee Retirement Income Security Act or the rules thereunder, and shall not
be otherwise
be transferred, assigned, pledged, hypothecated or
otherwise disposed of in any way, whether by operation of law or otherwise, nor shall
it the Stock Units be subject to execution, attachment or
... similar process. Notwithstanding the foregoing, the Option Stock Units may be transferred by the Participant to (i) the spouse, children or grandchildren of the Participant (each an "Immediate Family Member"), (ii) a trust or trusts for the exclusive benefit of any or all Immediate Family Members, or (iii) a partnership in which any or all Immediate Family Members are the only partners, or (iv) to a retirement plan for the sole benefit of the Participant and/or his Immediate Family Members provided that (x) there may be no consideration paid or otherwise given for any such transfer, and (y) subsequent transfer of the Option Stock Units is prohibited otherwise than by will, the laws of descent and distribution or pursuant to a domestic relations order. Following transfer, the Option Stock Units shall continue to be subject to the same terms and conditions as were applicable immediately prior to transfer. The provisions of Section Sections 3, 4 and 5 above shall continue to be applied with respect to the original Participant following transfer and the Option Stock Units shall be exercisable by the transferee vest and mature only to the extent, and for the periods specified, herein. extent specified therein. Upon any attempt to transfer the Option other Stock Units otherwise than as permitted herein or to assign, pledge, hypothecate or otherwise dispose of the Option other Stock Units otherwise than as permitted herein, or upon the levy of any execution, attachment or similar process upon the Option, Stock Units, the Option Stock Units shall immediately terminate and become null and void.
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Transferability. The Option is not transferable
other otherwise than by will or the laws of descent and distribution or pursuant to a "domestic relations
order," order", as defined in the Code or Title I of the Employee Retirement Income Security Act or the rules thereunder, and shall not
be otherwise
be transferred, assigned, pledged, hypothecated or
otherwise disposed of in any way, whether by operation of law or otherwise, nor shall it be subject to execution, attachment or similar process. Notwithstanding
... the foregoing, the Option may be transferred by the Participant to (i) the spouse, children or grandchildren of the Participant (each an "Immediate Family Member"), (ii) a trust or trusts for the exclusive benefit of any or all Immediate Family Members, or (iii) a partnership in which any or all Immediate Family Members are the only partners, provided that (x) there may be no consideration paid or otherwise given for any such transfer, and (y) subsequent transfer of the Option is prohibited otherwise than by will, the laws of descent and distribution or pursuant to a domestic relations order. Following transfer, the Option shall continue to be subject to the same terms and conditions as were applicable immediately prior to transfer. The provisions of Section 5 paragraph 4 above shall continue to be applied with respect to the original Participant following transfer and the Option shall be exercisable by the transferee only to the extent, and for the periods specified, herein. Upon any attempt to transfer the Option other otherwise than as permitted herein or to assign, pledge, hypothecate or otherwise dispose of the Option other otherwise than as permitted herein, or upon the levy of any execution, attachment or similar process upon the Option, the Option shall immediately terminate and become null and void. Tiffany & Co. 2014 Employee Incentive Plan Transferable Option: Terms of Stock Option Award - Rev. VI Page 2 10. Definitions. For the purposes of the Option, certain words and phrases are defined in the Definitional Appendix attached. Except where the context clearly implies or indicates the contrary, a word, term, or phrase used in the Plan shall have the same meaning in this document.
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Transferability. The Option is not transferable
other otherwise than by will or the laws of descent and distribution or pursuant to a "domestic relations
order," order", as defined in the Code or Title I of the Employee Retirement Income Security Act or the rules thereunder, and shall not
be otherwise
be transferred, assigned, pledged, hypothecated or
otherwise disposed of in any way, whether by operation of law or otherwise, nor shall it be subject to execution, attachment or similar process. Notwithstanding
... the foregoing, the Option may be transferred by the Participant to (i) the spouse, children or grandchildren of the Participant (each an "Immediate Family Member"), (ii) a trust or trusts for the exclusive benefit of any or all Immediate Family Members, or (iii) a partnership in which any or all Immediate Family Members are the only partners, or (iv) to a retirement plan for the sole benefit of the Participant and/or his Immediate Family Members provided that (x) there may be no consideration paid or otherwise given for any such transfer, and (y) subsequent transfer of the Option is prohibited otherwise than by will, the laws of descent and distribution or pursuant to a domestic relations order. Following transfer, the Option shall continue to be subject to the same terms and conditions as were applicable immediately prior to transfer. The provisions of Section 5 above shall continue to be applied with respect to the original Participant following transfer and the Option shall be exercisable by the transferee only to the extent, and for the periods specified, herein. Upon any attempt to transfer the Option other otherwise than as permitted herein or to assign, pledge, hypothecate or otherwise dispose of the Option other otherwise than as permitted herein, or upon the levy of any execution, attachment or similar process upon the Option, the Option shall immediately terminate and become null and void.
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