Limited Transferability of the Option. The Option granted hereunder is personal to Employee and is not transferable by Employee except pursuant to the laws of descent or distribution and pursuant to the Plan. Only Employee or his or her legal guardian or representative may exercise the Option granted hereunder.
Appears in 4 contracts
Samples: Employee Rollover Stock Option Agreement (Anvilire), Employee Rollover Stock Option Agreement (Anvilire), Stock Option Agreement (Ancestry.com Inc.)
Limited Transferability of the Option. The Option granted hereunder is personal to Employee and is not transferable by Employee except pursuant to the laws of descent or distribution and pursuant to the Plandistribution. Only Employee or his or her legal guardian or representative may exercise the Option granted hereunder.
Appears in 2 contracts
Samples: Stock Option Agreement (China Shandong Industries, Inc.), Stock Option Agreement (China Shandong Industries, Inc.)
Limited Transferability of the Option. The Option granted hereunder is personal to Employee and is not transferable by Employee except pursuant to the laws of descent or distribution and pursuant to the Plandistribution. Only Employee or his or her legal guardian or representative may exercise the Option granted hereunder.
Appears in 1 contract
Samples: Share Option Agreement (Aspect Software Group Holdings Ltd.)
Limited Transferability of the Option. The Option granted hereunder is personal to Employee Optionee and is not transferable by Employee Optionee except pursuant to the laws of descent or distribution and pursuant to the Plandistribution. Only Employee Optionee or his or her legal guardian or representative may exercise the Option granted hereunder.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Ault Global Holdings, Inc.)
