Common use of Domestic Relations Orders Clause in Contracts

Domestic Relations Orders. Upon receiving written permission from the Board or its duly authorized designee, and provided that you and the designated transferee enter into transfer and other agreements required by the Company, you may transfer your option pursuant to a domestic relations order that contains the information required by the Company to effectuate the transfer. You are encouraged to discuss the proposed terms of any division of this option with the Company prior to finalizing the domestic relations order to help ensure the required information is contained within the domestic relations order. If this option is an Incentive Stock Option, this option may be deemed to be a Nonstatutory Stock Option as a result of such transfer.

Domestic Relations Orders. Upon receiving written permission from the Board or its duly authorized designee, and provided that you and the designated transferee enter into transfer and other agreements required by the CompanyFivePrime, you may transfer your option Option pursuant to a domestic relations order that contains the information required by the Company FivePrime to effectuate the transfer. You are encouraged to discuss the proposed terms of any division of this option Option with the Company FivePrime prior to finalizing the domestic relations order to help ensure the required information is contained within the domestic relations order. If this option Option is an Incentive Stock Option, this option Option may be deemed to be a Nonstatutory Stock Option as a result of such transfer.