Common use of Limited Transferability Clause in Contracts

Limited Transferability. You may not sell, transfer, pledge, assign or otherwise alienate or hypothecate the Option, whether voluntarily or involuntarily or by operation of law, other than by beneficiary designation effective upon your death, by will or by the laws of intestacy. During your lifetime, the Option and all rights granted hereunder shall be exercisable only by you. Notwithstanding the foregoing, you may transfer the Option, in whole or in part, by gift to a Permitted Transferee in accordance with rules and subject to any conditions specified by the Committee under the Plan.

Limited Transferability. You may not sell, transfer, pledge, assign or otherwise alienate or hypothecate the this Option, whether voluntarily or involuntarily or by operation of law, other than by beneficiary designation effective upon your death, by will or by the laws of intestacy. During your lifetime, the this Option and all rights granted hereunder shall be exercisable only by you. Notwithstanding the foregoing, you may transfer the this Option, in whole or in part, by gift to a Permitted Transferee in accordance with rules and subject to any conditions specified by the Committee under the Plan.

Limited Transferability. You may not sell, transfer, pledge, assign or otherwise alienate alienate, dispose of, encumber or hypothecate the this Option, whether voluntarily or involuntarily or by operation of law, other than by beneficiary designation effective upon your death, by will or by the laws of intestacy. During your lifetime, the this Option and all rights granted hereunder shall be exercisable only by you. Notwithstanding the foregoingAfter your death, you this Option may transfer the Option, in whole or in part, only be exercised by gift to a Permitted Transferee your personal representative(s) in accordance with rules and subject to any conditions specified by the Committee under the PlanSection 4 of this Agreement.

Limited Transferability. You may not sell, transfer, pledge, assign or otherwise alienate alienate, dispose of, encumber or hypothecate the Option, whether voluntarily or involuntarily or by operation of law, other than by beneficiary designation effective upon your death, by will or by the laws of intestacy. During your lifetime, the Option and all rights granted hereunder shall be exercisable only by you. Notwithstanding After your death, the foregoing, you Option may transfer the Option, in whole or in part, only be exercised by gift to a Permitted Transferee your personal representative(s) in accordance with rules and subject to any conditions specified by Section 4 of the Committee under the PlanAgreement.

Limited Transferability. You may not sell, transfer, pledge, assign or otherwise alienate or hypothecate the this Option, whether voluntarily or involuntarily or by operation of law, other than by beneficiary designation effective upon your death, by will or by the laws of intestacy. During your lifetime, the lifetime this Option and all rights granted hereunder shall be exercisable only by you. Notwithstanding the foregoing, you may transfer the this Option, in whole or in part, by gift to a Permitted Transferee in accordance with rules and subject to any conditions specified by the Committee under the Plan.

Limited Transferability. You may not sell, transfer, pledge, assign or otherwise alienate or hypothecate the this Option, whether voluntarily or involuntarily or by operation of law, other than by beneficiary designation effective upon your death, by will or by the laws of intestacy. During your lifetime, the this Option and all rights granted hereunder shall be exercisable only by you. Notwithstanding the foregoing, you may transfer the this Option, in whole or in part, by gift to a Permitted Transferee in accordance with rules and subject to any conditions specified by the Committee under the Plan. 12.