Assignability of Option. This Option may not be transferred or assigned by the Optionee otherwise than by will or the laws of descent and distribution.
Assignability of Option. The Optionee may sell, assign or otherwise transfer the Option or any of its rights under this Agreement to any Affiliate in the Optionee's discretion. In the event that the Optioned Shares are transferred from the Optionor by operation of law (e.g., by dissolution or levy) or transferred to an Affiliate of the Optionor prior to the Termination Date, such transfer of the Optioned Shares shall be subject to the terms of this Option.
Assignability of Option. The Option is personal to the Optionee. Accordingly, the Optionee may sell, assign or otherwise transfer the Option or any of its rights under this Agreement without the prior written consent of the Optionor.
Assignability of Option. The Company may assign any of its rights under this Agreement and the Option Exercise Agreement. This Agreement shall be binding upon and inure to the benefit of the successors and assigns of the Company. Subject to the restrictions on transfer set forth in the Plan and the Option Exercise Agreement, this Agreement shall be binding upon Holder and Holder’s heirs, executors, administrators, legal representatives, successors and assigns.
Assignability of Option. The Option is non-assignable, and any attempted assignment of the Option by Buyer is void and shall cause the Option to terminate automatically without notice.
Assignability of Option. To the extent this Option is not an ------------------------- incentive stock option as defined in Section 422 of the Internal Revenue Code, interests in the Option shall be freely transferable and assignable.
Assignability of Option. Tenant shall not assign this Option. In the event an assignment is attempted, Tenant’s rights under this Agreement shall automatically and immediately terminate without notice.
Assignability of Option. Alcis may not assign this Purchase Option Agreement without the prior written consent of BioZone, which consent shall not be unreasonably withheld.
Assignability of Option. Optionee may assign this agreement. The assignment will be effective as to the Optionor upon notice thereof by Optionee to said escrow company only in accordance with the terms of said escrow.
Assignability of Option. The Option herein granted to Lessee may be assigned by Lessee to Affiliates described in Paragraph 17 above. Except as otherwise provided in this Paragraph 31.C, the Option herein granted to Lessee is not assignable separate and apart from this Lease and may not be exercised by anyone other than the successors or permitted assigns of Lessee.”
