Limitation on Transfer. During the lifetime of the Optionee, only the Optionee or his/her guardian or legal representative may exercise the Option. The Option may not be assigned or transferred by the Optionee otherwise than by will or the laws of descent and distribution.
Appears in 14 contracts
Samples: Non Statutory Stock Option Agreement (Tactile Systems Technology Inc), Incentive Stock Option Agreement (Tactile Systems Technology Inc), Non Statutory Stock Option Agreement (Tactile Systems Technology Inc)