Limitation on Transfer. While the Optionee is alive, only the Optionee (or his or her legal representative) may exercise this Option. Unless otherwise permitted by the Committee in accordance with the terms of the Plan, this Option may not be assigned or transferred other than by will or the laws of descent and distribution and shall not be subject to pledge, hypothecation, execution, attachment, or similar process. Any attempt to assign, transfer, pledge, hypothecate, or otherwise dispose of this Option contrary to the provisions hereof, and the levy of any attachment or similar process upon this Option, shall be void.
Appears in 6 contracts
Samples: Non Qualified Stock Option Agreement (Piper Sandler Companies), Non Qualified Stock Option Agreement (Piper Jaffray Companies), Non Qualified Stock Option Agreement (Piper Jaffray Companies)
Limitation on Transfer. While the Optionee is alive, only the Optionee (or his or her guardian or legal representative) representative may exercise this Option. Unless otherwise permitted by the Committee in accordance with the terms of the Plan, this This Option may not be assigned or transferred other than by will or the laws of descent and distribution distribution, and shall not be subject to pledge, hypothecation, execution, attachment, attachment or similar process. Any attempt to assign, transfer, pledge, hypothecate, hypothecate or otherwise dispose of this Option contrary to the provisions hereof, and the levy of any attachment or similar process upon this Option, shall be null and void.
Appears in 5 contracts
Samples: Incentive Stock Option Agreement (Fsi International Inc), Non Statutory Stock Option Agreement (Fsi International Inc), Incentive Stock Option Agreement (Fsi International Inc)
Limitation on Transfer. While the Optionee is alive, only the Optionee (or his the Optionee’s guardian or her legal representative) representative may exercise this Option. Unless otherwise permitted by the Committee in accordance with the terms of the Plan, this This Option may not be assigned or transferred other than by will or the laws of descent and distribution distribution, and shall not be subject to pledge, hypothecation, execution, attachment, attachment or similar process. Any attempt to assign, transfer, pledge, hypothecate, hypothecate or otherwise dispose of this Option contrary to the provisions hereof, and the levy of any attachment or similar process upon this Option, shall be null and void.
Appears in 3 contracts
Samples: Incentive Stock Option Agreement (Valuevision Media Inc), Incentive Stock Option Agreement (Valuevision Media Inc), Incentive Stock Option Agreement (Valuevision Media Inc)
