Administrator Action. Notwithstanding Section 12(a), the Administrator, in its discretion, may provide either in the Award Certificate regarding a given Award or by subsequent written approval that the grantee (who is an employee or director) may transfer his or her Non-Qualified Stock Options to his or her immediate family members, to trusts for the benefit of such family members, or to partnerships in which such family members are the only partners, provided that the transferee agrees in writing with the Company to be bound by all of the terms and conditions of this Plan and the applicable Award. In no event may an Award be transferred by a grantee for value.
Appears in 5 contracts
Samples: Business Combination Agreement (Capstar Special Purpose Acquisition Corp.), Agreement and Plan of Merger (BCTG Acquisition Corp.), Business Combination Agreement (Therapeutics Acquisition Corp.)
Administrator Action. Notwithstanding Section 12(a7(a), the Administrator, in its discretion, may provide either in the Award Certificate regarding a given Award or by subsequent written approval that the grantee (who is an employee or director) may transfer his or her Non-Qualified Stock Options to his or her immediate family members, to trusts for the benefit of such family members, or to partnerships in which such family members are the only partners, provided that the transferee agrees in writing with the Company to be bound by all of the terms and conditions of this Plan these Terms and Conditions and the applicable Award. In no event may an Award be transferred by a grantee for value.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Zendesk, Inc.)
