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PBI » Topics » Limited Transferability

This excerpt taken from the PBI DEF 14A filed Apr 3, 2007.

Limited Transferability

All options, SARs, restricted stock and restricted stock units granted under the 2007 Plan are nontransferable except upon death, either by the participant’s will or the laws of descent and distribution or through a beneficiary designation, or as otherwise provided by the Committee.

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