Limited Transferability. During Optionee’s lifetime, this option shall be exercisable only by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s death.
Appears in 13 contracts
Samples: Incentive Stock Option Agreement (United Fuel & Energy Corp), Stock Option Agreement (T3 Motion, Inc.), Grant of Stock Option (White Mountain Titanium Corp)
Limited Transferability. During Optionee’s 's lifetime, this option shall be exercisable only by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s 's death.
Appears in 5 contracts
Samples: Grant of Stock Option (Caneum Inc), Stock Option Agreement (E Trade Group Inc), Stock Option Agreement (Graphon Corp/De)
Limited Transferability. During Optionee’s lifetime, this This option shall be exercisable only neither transferable nor assignable by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution inheritance following Optionee’s deathdeath and may be exercised, during Optionee’s lifetime, only by Optionee.
Appears in 5 contracts
Samples: Stock Option Agreement, Global Stock Option Agreement (Sandisk Corp), Restricted Stock Unit Issuance Agreement (PharmaNet Development Group Inc)
Limited Transferability. During Optionee’s 's lifetime, this option ----------------------- shall be exercisable only by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s 's death.
Appears in 5 contracts
Samples: Stock Option Agreement (Actuate Corp), Stock Option Agreement (Prime Response Inc/De), Stock Option Agreement (Credence Systems Corp)
Limited Transferability. During Optionee’s lifetime, this This option shall be exercisable only neither ----------------------- transferable nor assignable by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s death's death and may be exercised, during Optionee's lifetime, only by Optionee.
Appears in 4 contracts
Samples: Stock Option Agreement (Cuc International Inc /De/), Stock Option Agreement (Emcore Corp), Stock Option Agreement (Corsair Communications Inc)
Limited Transferability. During Optionee’s lifetime, this This option shall be exercisable only neither transferable nor assignable by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s deathdeath and may be exercised, during Optionee’s lifetime, only by Optionee.
Appears in 4 contracts
Samples: Stock Option Agreement (I2 Technologies Inc), Stock Option Agreement (Genome Therapeutics Corp), Stock Option Agreement (I2 Technologies Inc)
Limited Transferability. During Optionee’s lifetime, this option The Option shall be exercisable only by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s 's death.
Appears in 3 contracts
Samples: Stock Option Agreement (CTC Media, Inc.), Stock Option Agreement (CTC Media, Inc.), Stock Option Agreement (CTC Media, Inc.)
Limited Transferability. During Optionee’s lifetime, this option This Option shall be exercisable only by Optionee during Optionee’s lifetime and shall not be assignable transferable or transferable assigned by Optionee other than by will or by the laws of descent and distribution following Optionee’s death.
Appears in 3 contracts
Samples: Stock Option Agreement (Tenax Therapeutics, Inc.), Executive Employment Agreement (Oxygen Biotherapeutics, Inc.), Executive Employment Agreement (Oxygen Biotherapeutics, Inc.)
Limited Transferability. During Optionee’s lifetime, this This option shall be exercisable only neither transferable nor assignable by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s death's death and may be exercised, during Optionee's lifetime, only by Optionee.
Appears in 3 contracts
Samples: Stock Option Agreement (Actionpoint Inc), Stock Option Agreement (Westaff Inc), Stock Option Agreement (Discovery Laboratories Inc /De/)
Limited Transferability. During Optionee’s lifetime, this option the Option shall be exercisable only by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s death, except that the Option is transferable to members of Optionee’s immediate family or to trusts or partnerships formed for the benefit of Optionee or members of Optionee’s immediate family.
Appears in 2 contracts
Samples: Employment Agreement (Micromuse Inc), Employment Agreement (Micromuse Inc)
Limited Transferability. During the Optionee’s 's lifetime, this ----------------------- option shall be exercisable only by Optionee and shall not be transferable or assignable or transferable other than by Optionee except for a transfer of this option by will or by the laws of descent and distribution following Optionee’s 's death.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Alexander & Baldwin Inc), Non Qualified Stock Option Agreement (Alexander & Baldwin Inc)
Limited Transferability. During Optionee’s 's lifetime, this option ----------------------- shall be exercisable only by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s death's death .
Appears in 2 contracts
Samples: Stock Option Agreement (Prime Response Inc/De), Stock Option Agreement (Prime Response Group Inc/De)
Limited Transferability. During Optionee’s lifetime, this option Option shall be exercisable only by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s death.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (United Fuel & Energy Corp), Incentive Stock Option Agreement (United Fuel & Energy Corp)
Limited Transferability. During Optionee’s lifetime, this This option shall be exercisable only by ----------------------- Optionee during Optionee's lifetime and shall not be transferable or assignable or transferable by Optionee other than by will or by the laws of descent and distribution following Optionee’s 's death.
Appears in 2 contracts
Samples: Stock Option Agreement (Meltronix Inc), Stock Option Agreement (Microelectronic Packaging Inc /Ca/)
Limited Transferability. During Optionee’s lifetime, this This option shall be exercisable only by Optionee during Optionee's lifetime and shall not be transferable or assignable or transferable by Optionee other than by will or by the laws of descent and distribution following Optionee’s 's death.
Appears in 2 contracts
Samples: Stock Option Agreement (Quickresponse Services Inc), Stock Option Agreement (Quickresponse Services Inc)
Limited Transferability. During Optionee’s lifetime, this This option shall be exercisable only neither transferable nor assignable by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s death's death and may be exercised, during Optionee's lifetime, only by Optionee, provided that this option may be assigned to a revocable inter vivos trust established for the benefit of Optionee.
Appears in 1 contract
Limited Transferability. During Optionee’s lifetime, this This option shall be exercisable only neither transferable nor assignable by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following the Optionee’s death's death and may be exercised, during Optionee's lifetime, only by Optionee.
Appears in 1 contract
Samples: Stock Option Agreement (Oncor Inc)
Limited Transferability. During Optionee’s lifetime, this option This Option shall be exercisable only neither ----------------------- transferable nor assignable by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s death's death and may be exercised, during Optionee's lifetime, only by Optionee.
Appears in 1 contract
Samples: Stock Option Agreement (Buy Com Inc)
Limited Transferability. During Optionee’s lifetime, this option This Option shall be exercisable only by Optionee during Optionee's lifetime and shall not be transferable or assignable or transferable by Optionee other than by will or by the laws of descent and distribution following Optionee’s 's death. However, Optionee may designate a beneficiary who may exercise the Option or receive compensation under the Option after Optionee's death.
Appears in 1 contract
Samples: Premium Price Option Agreement (Newhall Land & Farming Co /Ca/)
Limited Transferability. During Optionee’s lifetime, this option shall each Substitute Option may be exercisable exercised only by Optionee and shall not be transferable or assignable or transferable other than by Optionee, except for a transfer of that Substitute Option by will or by the laws of descent and distribution following OptioneeOptonee’s death.
Appears in 1 contract
Samples: Universal Stock Option Agreement for Substitute Options (A & B II, Inc.)
Limited Transferability. During Optionee’s lifetime, this This option shall be exercisable only neither transferable nor assignable by Optionee and shall not be assignable or transferable Optionee, other than a transfer of this option effected by will or by the laws of descent and distribution following Optionee’s 's death, and may be exercised, during Optionee's lifetime, only by Optionee.
Appears in 1 contract
Samples: Automatic Stock Option Agreement (Sunstone Hotel Investors Inc)
Limited Transferability. During Optionee’s lifetime, this The option shall be exercisable only by Optionee during Optionee’s lifetime and shall not be assignable transferable or transferable assigned by Optionee other than by will or by the laws of descent and distribution following Optionee’s death.
Appears in 1 contract
Limited Transferability. During Optionee’s lifetime, this option This Option shall be exercisable only neither transferable nor assignable by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s death's death and may be exercised, during Optionee's lifetime, only by Optionee.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (1 800 Flowers Com Inc)
Limited Transferability. During the Optionee’s 's lifetime, this option the Option ----------------------- shall be exercisable only by the Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following the Optionee’s 's death.
Appears in 1 contract
Limited Transferability. During Optionee’s lifetime, this option Option shall be exercisable only by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution inheritance following Optionee’s death.
Appears in 1 contract
Samples: Stock Option Agreement (Fender Musical Instruments Corp)
Limited Transferability. During Optionee’s lifetime, this This option shall be exercisable only neither transferable or assignable by Optionee and shall not be assignable or transferable Optionee, other than a transfer of this option effected by will or by the laws of descent and distribution following Optionee’s 's death, and may be exercised, during Optionee's lifetime, only by Optionee.
Appears in 1 contract
Samples: Stock Option Agreement (Sunstone Hotel Investors Inc)
Limited Transferability. During the Optionee’s 's lifetime, ----------------------- this option shall be exercisable only by Optionee and shall not be transferable or assignable or transferable other than by Optionee except for a transfer of this option by will or by the laws of descent and distribution following Optionee’s 's death.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Alexander & Baldwin Inc)
