Limited Transferability of Option. Optionee shall be entitled, in its discretion, to allocate interests in the Option and to distribute the Option so long as any transfer is in compliance with all applicable federal and state securities laws.
Appears in 4 contracts
Samples: Option Agreement (Elio Motors, Inc.), Option Agreement (Elio Motors, Inc.), Option Agreement (Elio Motors, Inc.)
Limited Transferability of Option. Optionee shall be entitled, in its his discretion, to allocate interests in the Option and to distribute the Option so long as any transfer is in compliance with all applicable federal and state securities laws.
Appears in 2 contracts
Samples: Option Agreement (Elio Motors, Inc.), Option Agreement (Elio Motors, Inc.)
