Limitation on Transfer. While the Optionee is alive, only the Optionee or his/her guardian or legal representative may exercise this Option. This Option may not be assigned or transferred other than by will or the laws of descent and distribution or pursuant to a qualified domestic relations order as defined by the Code or Title I of the Employee Retirement Income Security Act, or the rules thereunder.
Appears in 14 contracts
Samples: Non Statutory Stock Option Agreement, Non Statutory Stock Option Agreement (Proto Labs Inc), Non Statutory Stock Option Agreement (Proto Labs Inc)
Limitation on Transfer. While During the Optionee is alivelifetime of the Optionee, only the Optionee or his/her guardian or legal representative may exercise this the Option. This The Option may not be assigned or transferred other by the Optionee otherwise than by will or the laws of descent and distribution or pursuant to a qualified domestic relations order as defined by the Code or Title I of the Employee Retirement Income Security Act, or the rules thereunder.
Appears in 8 contracts
Samples: Independent Contractor Agreement (KonaTel, Inc.), Incentive Stock Option Agreement (Dala Petroleum Corp.), Incentive Stock Option Agreement (Westcott Products Corp)
Limitation on Transfer. While During the Optionee is alivelifetime of the Optionee, only the Optionee or his/her his guardian or legal representative may exercise this the Option. This The Option may not be assigned or transferred other by the Optionee otherwise than by will or the laws of descent and distribution or pursuant to a qualified domestic relations order as defined by the Code or Title I of the Employee Retirement Income Security Act, or the rules thereunder.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (KonaTel, Inc.), Incentive Stock Option Agreement (KonaTel, Inc.)
Limitation on Transfer. While During the Optionee is alivelifetime of the Optionee, only the Optionee or his/her their guardian or legal representative may exercise this the Option. This The Option may not be assigned or transferred other by the Optionee otherwise than by will or the laws of descent and distribution or pursuant to a qualified domestic relations order as defined by the Code or Title I of the Employee Retirement Income Security Act, or the rules thereunder.
Appears in 2 contracts
Samples: Employee Incentive Stock Option Agreement (KonaTel, Inc.), Employee Incentive Stock Option Agreement (KonaTel, Inc.)
Limitation on Transfer. While During the Optionee is alivelifetime of the Optionee, only the Optionee or his/her their guardian or legal representative may exercise this the Option. This The Option may not be assigned or transferred other by the Optionee otherwise than by will or the laws of descent and distribution or pursuant to a qualified domestic relations order as defined by the Code or Title I of the Employee Director Retirement Income Security Act, or the rules thereunder.
Appears in 2 contracts
Samples: Director/Officer Incentive Stock Option Agreement (KonaTel, Inc.), Director Incentive Stock Option Agreement (KonaTel, Inc.)
Limitation on Transfer. While the Optionee is alive, only the Optionee or ---------------------- his/her guardian or legal representative may exercise this Option. This Option may not be assigned or transferred other than by will or the laws of descent and distribution or pursuant to a qualified domestic relations order as defined by the Code or Title I of the Employee Retirement Income Security Act, or the rules thereunder.
Appears in 1 contract
Samples: Non Statutory Stock Option Agreement (Act Teleconferencing Inc)
Limitation on Transfer. While the Optionee is alive, only the Optionee or his/her guardian or legal representative may exercise this Option. This Option may not be assigned or transferred other than by will or to a Successor in the laws event of descent and distribution the Optionee's death or pursuant to a qualified domestic relations order as defined by the Code or Title I of the Employee Retirement Income Security Act, or the rules thereunder.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Capella Education Co)
Limitation on Transfer. While the Optionee is alive, only the Optionee or his/her guardian or legal representative may exercise this Option. This Option may not be assigned or transferred other than by will or the laws of descent and distribution or pursuant to a qualified domestic relations order as defined by the Code or Title I of the Employee Retirement Income Security Act, or the rules thereunderdistribution.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Hutchinson Technology Inc)
Limitation on Transfer. While the Optionee is alive, only the Optionee or his/her guardian or legal representative may exercise this Option. This Option may not be assigned or transferred other than by will or the laws of descent and distribution or pursuant to a qualified domestic relations order as defined by the Code or Title I of the Employee Retirement Income Security Act, or the rules thereunderorder.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Hutchinson Technology Inc)
