Common use of NO TRANSFER OR ASSIGNMENT OF OPTION Clause in Contracts

NO TRANSFER OR ASSIGNMENT OF OPTION. Except as otherwise provided in this Agreement or as permitted by the Plan, this Option, and any interest therein, 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.

Appears in 11 contracts

Samples: Non Qualified Stock Option Agreement (Schwab Charles R), Incentive Stock Option Agreement (Schwab Charles Corp), Incentive Stock Option Agreement (Schwab Charles Corp)

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