NO TRANSFER OR ASSIGNMENT OF OPTION. Except as otherwise provided in this Agreement, this option and the rights and privileges conferred hereby shall not be transferred, assigned, pledged, or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to sale under execution, attachment, or similar process. Upon any attempt to transfer, assign, pledge, hypothecate, or otherwise dispose of this option, or of any right or privilege conferred hereby, contrary to the provisions of this Agreement, or upon any attempted sale under any execution, attachment, or similar process upon the rights and privileges conferred hereby, this option and the rights and privileges conferred hereby shall immediately become null and void.
Appears in 8 contracts
Samples: Non Qualified Stock Option Agreement (Ziasun Technologies Inc), Non Qualified Stock Option Agreement (American Fire Retardant Corp), Non Qualified Stock Option Agreement (American Fire Retardant Corp)
NO TRANSFER OR ASSIGNMENT OF OPTION. Except as otherwise provided in this Agreement, this option This Option and the rights and privileges conferred hereby shall not be transferred, assigned, pledged, or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to sale under execution, attachment, or similar process. Upon any attempt to transfer, assign, pledge, hypothecate, or otherwise dispose of this option, or of any right or privilege conferred hereby, contrary to the provisions of this Agreement, or upon any attempted sale under any execution, attachment, or similar process upon the rights and privileges conferred hereby, this option Option and the rights and privileges conferred hereby shall immediately become null and void.
Appears in 8 contracts
Samples: Incentive Stock Option Grant and Agreement (Issuer Direct Corp), Stock Option Grant and Agreement (Tapinator, Inc.), Non Statutory Stock Option Grant and Agreement (chatAND, Inc.)
NO TRANSFER OR ASSIGNMENT OF OPTION. Except as otherwise provided in this Agreement, this option and the rights and privileges conferred hereby shall not be transferred, assigned, pledged, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to sale under execution, attachment, attachment or similar process. Upon any attempt to transfer, assign, pledge, hypothecate, hypothecate or otherwise dispose of this option, or of any right or privilege conferred hereby, contrary to the provisions of this Agreementhereof, or upon any attempted sale under any execution, attachment, attachment or similar process upon the rights and privileges conferred hereby, this option and the rights and privileges conferred hereby shall immediately become null and void.
Appears in 6 contracts
Samples: Nonqualified Stock Option Agreement (McClatchy Co), Nonstatutory Stock Option Agreement (Paccar Inc), Nonstatutory Stock Option Agreement (McClatchy Co)
NO TRANSFER OR ASSIGNMENT OF OPTION. Except as otherwise provided in this Agreement, this option Option and the rights and privileges conferred hereby shall not be transferred, assigned, pledged, pledged or hypothecated in any way (way, whether by operation of law or otherwise) , and shall not be subject to sale under execution, attachment, attachment or similar process. Upon Except as otherwise provided herein, upon any attempt to transfer, assignassignment, pledge, hypothecate, hypothecation or otherwise dispose other disposition of this optionOption, or of any right or privilege conferred hereby, contrary to the provisions of this Agreementhereof, or upon any attempted sale under any execution, attachment, attachment or similar process upon the rights and privileges conferred hereby, this option Option and the rights and privileges conferred hereby shall immediately become null and void.
Appears in 4 contracts
Samples: Nonstatutory Stock Option Agreement (Healthsouth Corp), Nonqualified Stock Option Agreement (Healthsouth Corp), Nonqualified Stock Option Agreement (Healthsouth Corp)
NO TRANSFER OR ASSIGNMENT OF OPTION. Except as otherwise provided in this AgreementParagraph 3(a) of these Terms, this option or expressly permitted by the Board, an Option and the rights and privileges conferred hereby thereby shall not be transferred, assigned, pledged, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to sale under execution, attachment, attachment or similar process. Upon any attempt to transfer, assign, pledge, hypothecate, hypothecate or otherwise dispose of this optionan Option, or of any right or privilege conferred hereby, contrary to the provisions of this Agreementhereof, or upon any attempted sale under any execution, attachment, attachment or similar process upon the rights and privileges conferred hereby, this option the Option and the rights and privileges conferred hereby shall immediately become null and void.
Appears in 2 contracts
Samples: Stock Option Agreement (Arris Group Inc), Director Stock Options Agreement (Arris Group Inc)
NO TRANSFER OR ASSIGNMENT OF OPTION. Except as otherwise provided in this Agreement, this option and the rights and privileges conferred hereby shall not be transferred, assigned, pledged, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to sale under execution, attachment, levy or similar process. Upon any attempt to transfer, assign, pledge, hypothecate, hypothecate or otherwise dispose of this option, or of any right or privilege conferred hereby, contrary to the provisions of this Agreementhereof, or upon any attempted sale under any execution, attachment, levy or similar process upon the rights and privileges conferred hereby, this option and the rights and privileges conferred hereby shall immediately become null and void.
Appears in 2 contracts
Samples: Nonstatutory Stock Option Agreement (Applied Molecular Evolution Inc), Incentive Stock Option Agreement (Applied Molecular Evolution Inc)
NO TRANSFER OR ASSIGNMENT OF OPTION. Except as otherwise provided in this Agreement, . this option and the rights and privileges conferred hereby shall not be transferred, assigned, pledged, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to sale under execution, attachment, levy or similar process. Upon any attempt to transfer, assign, pledge, hypothecate, hypothecate or otherwise dispose of this option, . or of any right or privilege conferred hereby, contrary to the provisions of this Agreementhereof, or upon any attempted sale under any execution, attachment, attachments levy or similar process upon the rights and privileges conferred hereby, this option and the rights and privileges conferred hereby shall immediately become null and void.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Arm Holdings PLC), Incentive Stock Option Agreement (Artisan Components Inc)
NO TRANSFER OR ASSIGNMENT OF OPTION. Except as otherwise provided in this Agreement, this option Option and the rights and privileges conferred hereby shall not be transferred, assigned, pledged, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to sale under execution, attachment, attachment or similar process. Upon any attempt to transfer, assign, pledge, hypothecate, hypothecate or otherwise dispose of this optionOption, or of any right or privilege conferred hereby, contrary to the provisions of this Agreementhereof, or upon any attempted sale under any execution, attachment, attachment or similar process upon the rights and privileges conferred hereby, this option Option and the rights and privileges conferred hereby shall immediately become null and void.
Appears in 2 contracts
Samples: Stock Option Agreement (Biomagnetic Technologies Inc), Nonstatutory Stock Option Agreement (Hambrecht & Quist Group Inc)
NO TRANSFER OR ASSIGNMENT OF OPTION. Except as otherwise provided in In this Agreement, this option and the rights and privileges conferred hereby shall not be transferred, assigned, pledged, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to sale under execution, attachment, attachment or similar process. Upon any attempt to transfer, assign, pledge, hypothecate, hypothecate or otherwise dispose of this option, or of any right or privilege conferred hereby, contrary to the provisions of this Agreementhereof, or upon any attempted sale under any execution, attachment, attachment or similar process upon the rights and privileges conferred hereby, this option and the rights and privileges conferred hereby shall immediately become null and void.
Appears in 1 contract
Samples: Nonstatutory Stock Option Agreement (Urs Corp /New/)
NO TRANSFER OR ASSIGNMENT OF OPTION. Except as otherwise provided in this Agreement, this option This Option and the rights and privileges conferred hereby shall not be transferred, assigned, pledged, or hypothecated in any way (whether by operation of law or otherwise) except by will or the laws of descent and distribution and shall not be subject to sale under execution, attachment, or similar process. Upon any attempt to transfer, assign, pledge, hypothecate, or otherwise dispose of this option, or of any right or privilege conferred hereby, contrary to the provisions of this Agreement, or upon any attempted sale under any execution, attachment, or similar process upon the rights and privileges conferred hereby, . this option Option and the rights and privileges conferred hereby shall immediately become null and void.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Jupiter Communications Inc)
NO TRANSFER OR ASSIGNMENT OF OPTION. Except as otherwise provided in Paragraph 3 (a) this AgreementPlan, this option an Option and the rights and privileges conferred hereby thereby shall not be transferred, assigned, pledged, pledged or hypothecated in any way (whether by 6 11 operation of law or otherwise) and shall not be subject to sale under execution, attachment, attachment or similar process. Upon any attempt to transfer, assign, pledge, hypothecate, hypothecate or otherwise dispose of this optionan Option, or of any right or privilege conferred hereby, contrary to the provisions of this Agreementhereof, or upon any attempted sale under any execution, attachment, attachment or similar process upon the rights and privileges conferred hereby, this option and the rights and privileges conferred hereby shall immediately become null and void.
Appears in 1 contract
NO TRANSFER OR ASSIGNMENT OF OPTION. Except as otherwise provided in this Agreement, this option Option and the rights and privileges conferred hereby shall not be transferred, assigned, pledged, pledged or hypothecated in any way (way, whether by operation of law or otherwise) , and shall not be subject to sale under execution, attachment, attachment or similar process. Upon Except as otherwise provided herein, upon any attempt to transfer, assignassignment, pledge, hypothecate, hypothecation or otherwise dispose other disposition of this optionOption, or of any right or privilege conferred hereby, contrary to the provisions of this Agreementhereof-, or upon any attempted sale under any execution, attachment, attachment or similar process upon the rights and privileges conferred hereby, this option Option and the rights and privileges conferred hereby shall immediately become null and void.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Healthsouth Corp)
NO TRANSFER OR ASSIGNMENT OF OPTION. Except as otherwise provided in this Agreement, this option the Option and the rights and privileges conferred hereby hereunder shall not be transferred, assigned, pledged, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to sale under execution, attachment, attachment or similar process. Upon any attempt to transfer, assign, pledge, hypothecate, hypothecate or otherwise dispose of this optionthe Option, the underlying Shares, or of any right rights or privilege conferred herebyby this Agreement, contrary to the provisions of this Agreementhereof, or upon any attempted sale under any execution, attachment, attachment or similar process upon the rights and privileges conferred herebyby this Agreement, this option the Option and the rights and privileges conferred hereby hereunder shall immediately become null and void.
Appears in 1 contract
Samples: Restricted Stock Option Agreement (Truevision International Inc)
NO TRANSFER OR ASSIGNMENT OF OPTION. Except as otherwise provided in this Agreement, this option the Option and the rights and privileges conferred hereby shall not be transferred, assigned, pledged, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to sale under execution, attachment, attachment or similar process. Upon any attempt to transfer, assign, pledge, hypothecate, hypothecate or otherwise dispose of this optionthe Option, or of any right or privilege conferred hereby, contrary to the provisions of this Agreementhereof, or upon any attempted sale under any execution, attachment, attachment or similar process upon the rights and privileges conferred hereby, this option the Option and the rights and privileges conferred hereby by this Agreement shall immediately become null and void.
Appears in 1 contract
NO TRANSFER OR ASSIGNMENT OF OPTION. Except as otherwise provided in this AgreementParagraph 3(a) of these Terms, this option an Option and the rights and privileges conferred hereby thereby shall not be transferred, assigned, pledged, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to sale under execution, attachment, attachment or similar process. Upon any attempt to transfer, assign, pledge, hypothecate, hypothecate or otherwise dispose of this optionan Option, or of any right or privilege conferred hereby, contrary to the provisions of this Agreementhereof, or upon any attempted sale under any execution, attachment, attachment or similar process upon the rights and privileges conferred hereby, this option the Option and the rights and privileges conferred hereby shall immediately become null and void.
Appears in 1 contract
NO TRANSFER OR ASSIGNMENT OF OPTION. Except as otherwise provided in Paragraph 4 this Agreement, this option Option and the rights and privileges conferred hereby shall not be transferred, assigned, pledged, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to sale under execution, attachment, attachment or similar process. Upon any attempt to transfer, assign, pledge, hypothecate, hypothecate or otherwise dispose of this optionOption, or of any right or privilege conferred hereby, contrary to the provisions of this Agreementhereof, or upon any attempted sale under any execution, attachment, attachment or similar process upon the rights and privileges conferred hereby, this option Option and the rights and privileges conferred hereby shall immediately become null and void.
Appears in 1 contract
Samples: Stock Option Agreement (Sealy Corp)
NO TRANSFER OR ASSIGNMENT OF OPTION. Except as otherwise provided in this Agreement, this option and the rights and privileges conferred hereby shall not be transferred, assigned, pledged, or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to sale under execution, attachment, or similar process. Upon any attempt to transfer, assign, pledge, hypothecatehypothecate , or otherwise dispose of this option, or of any right or privilege conferred hereby, contrary to the provisions of this Agreement, or upon any attempted sale under any execution, attachment, or similar process upon the rights and privileges conferred hereby, this option and the rights and privileges conferred hereby shall immediately become null and void.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Farmers Capital Bank Corp)
NO TRANSFER OR ASSIGNMENT OF OPTION. Except as otherwise provided in this Agreement, this option Option and the rights and privileges conferred hereby shall not be transferred, assigned, pledged, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to sale under execution, attachment, attachment or similar process. Upon any attempt to transfer, assign, pledge, hypothecate, hypothecate or otherwise dispose of this option, or of any right or privilege conferred hereby, contrary to the provisions of this Agreementhereof, or upon any attempted sale under any execution, attachment, attachment or similar process upon the rights and privileges conferred hereby, this option Option and the rights and privileges conferred hereby shall immediately become null and void.
Appears in 1 contract
