No Transfers Permitted. The rights under this Option are not transferable by the Optionee otherwise than by will or the laws of descent and distribution, and so long as Optionee lives, only Optionee or his or her guardian or legal representative shall have the right to exercise this Option.
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Samples: Incentive Stock Option Agreement (Denbury Resources Inc), Non Qualified Stock Option Agreement (Denbury Resources Inc), Incentive Stock Option Agreement (Denbury Resources Inc)
No Transfers Permitted. The rights under this Option are not transferable by the this Optionee otherwise than by will or the laws of descent and distribution, and so long as Optionee lives, only Optionee or his or her guardian or legal representative shall have the any right to exercise this Option.
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