Common use of Death of Optionee; No Assignment Clause in Contracts

Death of Optionee; No Assignment. This Stock Option shall not be assignable or transferable except by will or by the laws of descent and distribution and shall be exercisable during Optionee's lifetime only by Optionee. If Optionee shall die while serving as a director or consultant to the Company, Optionee's personal representative or the person entitled to succeed to his or her rights hereunder shall have the right, at any time and from time to time within three (3) months after the date of Optionee's death, and prior to the expiration or termination of this Stock Option pursuant to Section 1 hereof, to exercise this Stock Option to the extent that Optionee was entitled to exercise this Stock Option at the date of Optionee's death.

Death of Optionee; No Assignment. This Incentive Stock Option shall not be assignable or transferable except by will or by the laws of descent and distribution and shall be exercisable during Optionee's ’s lifetime only by Optionee. If Optionee shall die while serving as a director or consultant to in the employ of the Company, Optionee's ’s personal representative or the person entitled to succeed to his or her rights hereunder shall have the right, at any time and from time to time within three (3) months after the date of Optionee's ’s death, and prior to the expiration or termination of this Incentive Stock Option pursuant to Section 1 hereof, to exercise this Incentive Stock Option to the extent that Optionee was entitled to exercise this Incentive Stock Option at the date of Optionee's ’s death.

Death of Optionee; No Assignment. This Stock Option shall not be assignable or transferable except by will or by the laws of descent and distribution and shall be exercisable during Optionee's ’s lifetime only by Optionee. If Optionee shall die while serving as a director or consultant to of the Company, Optionee's ’s personal representative or the person entitled to succeed to his or her rights hereunder shall have the right, at any time and from time to time within three (3) months after the date of Optionee's ’s death, and prior to the expiration or termination of this Stock Option pursuant to Section 1 hereof, to exercise this Stock Option to the extent that Optionee was entitled to exercise this Stock Option at the date of Optionee's ’s death.

Death of Optionee; No Assignment. This Incentive Stock Option shall not be assignable or transferable except by will or by the laws of descent and distribution and shall be exercisable during Optionee's lifetime only by Optionee. If Optionee shall die while serving as a director or consultant to in the employ of the Company, Optionee's personal representative or the person entitled to succeed to his or her rights hereunder shall have the right, at any time and from time to time within three (3) months after the date of Optionee's death, and prior to the expiration or termination of this Incentive Stock Option pursuant to Section 1 hereof, to exercise this Incentive Stock Option to the extent that Optionee was entitled to exercise this Incentive Stock Option at the date of Optionee's death.

Death of Optionee; No Assignment. This Stock Option shall not be assignable or transferable except by will or by the laws of descent and distribution and shall be exercisable during Optionee's lifetime only by Optionee. If Optionee shall die while serving as a director or consultant to of the Company, Optionee's personal representative or the person entitled to succeed to his or her rights hereunder shall have the right, at any time and from time to time within three (3) months after the date of Optionee's death, and prior to the expiration or termination of this Stock Option pursuant to Section 1 hereof, to exercise this Stock Option to the extent that Optionee was entitled to exercise this Stock Option at the date of Optionee's death.