Common use of No Transfer of Option Clause in Contracts

No Transfer of Option. This option cannot be transferred except by will or the applicable laws of descent and distribution.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Microvision Inc), Non Qualified Stock Option Agreement (Microvision Inc), Non Qualified Stock Option Agreement (Microvision Inc)

AutoNDA by SimpleDocs

No Transfer of Option. This option cannot be transferred transferred, voluntarily or involuntarily, except by will or the applicable laws of descent and distribution.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Microvision Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!