Common use of Domestic Relations Order Clause in Contracts

Domestic Relations Order. Notwithstanding subsection (a), to the extent this Option is a Non-Qualified Stock Option, the Option, in whole or in part, may be transferred to a Family Member pursuant to a domestic relations order in settlement of marital property rights. Following the transfer, the Option will continue to be subject to the same terms and conditions as were applicable immediately prior to the transfer, and will be exercisable by the transferee only to the extent, and for the periods specified in, this Agreement.

Domestic Relations Order. Notwithstanding subsection (athe foregoing Section 8(a), to the extent that this Option is a Non-Qualified Stock Option, the Option, in whole or in part, may be transferred to a Family Member pursuant to a domestic relations order in settlement of marital property rights. Following the any such transfer, the Option will shall continue to be subject to the same terms and conditions as were applicable immediately prior to the transfer, and will shall be exercisable by the transferee only to the extent, and for the periods specified in, this Agreement.