Common use of Non-Assignability of Option Clause in Contracts

Non-Assignability of Option. The Option shall not be given, granted, sold, exchanged, transferred, pledged, assigned or ­otherwise encumbered or disposed of by Optionee, excepting by Will or the laws of descent and distribution, and, during the lifetime of Optionee, shall not be exercisable by any other person, but only by Optionee.

Non-Assignability of Option. The Option This option shall not be given, granted, sold, exchanged, transferred, pledged, assigned or ­otherwise encumbered otherwise incumbered or disposed of by the Optionee, excepting otherwise than by Will will or the laws of descent and distribution, and, during the lifetime of the Optionee, shall not be exercisable by any other person, but only by Optioneehim, unless with the written approval of the Company's Board of Directors.

Non-Assignability of Option. The Option shall not be given, granted, sold, exchanged, transferred, pledged, encumbered, assigned or ­otherwise encumbered or otherwise disposed of by Optionee, excepting other than by Will will or the laws of descent and distribution, and, and during the lifetime of Optionee, shall not be exercisable by any other person, but only by Optionee.

Non-Assignability of Option. The Option shall not be given, granted, sold, exchanged, transferred, pledged, assigned or ­otherwise otherwise encumbered or disposed of by Optionee, excepting otherwise than by Will will or the laws of descent and distribution, and, and during the lifetime of Optionee, shall not be exercisable by any other person, but only by Optioneethe Optionee or his or her agent, attorney-in-fact, or guardian.

Non-Assignability of Option. The This Option shall may not be given, granted, sold, exchanged, transferred, pledged, assigned or ­otherwise otherwise encumbered or disposed of by OptioneeOptionholder, excepting other than by Will will or the laws of descent and distribution, ; and, during the lifetime of OptioneeOptionholder, this Option shall not be exercisable by any person other person, but only by Optioneethan Optionholder.

Non-Assignability of Option. The Option shall not be given, granted, sold, exchanged, transferred, pledged, encumbered, assigned or ­otherwise encumbered or otherwise disposed of by Optionee, excepting other than by Will or will, the laws of descent and distribution, andestate planning purposes or assignment to a personal or family related trust, and during the lifetime of Optionee, shall not be exercisable by any other person, but only by Optionee.

Non-Assignability of Option. The Option shall not be given, granted, sold, exchanged, transferred, pledged, encumbered, assigned or ­otherwise encumbered or otherwise disposed of by Optionee, excepting other than by Will or will, the laws of descent and distributiondistribution or estate planning purposes, and, and during the lifetime of Optionee, shall not be exercisable by any other person, but only by Optionee.

Non-Assignability of Option. The Option This option shall not be given, granted, sold, exchanged, transferred, pledged, assigned or ­otherwise encumbered otherwise incumbered or disposed of by the Optionee, excepting otherwise than by Will will or the laws of descent and distribution, and, during the lifetime of the Optionee, shall not be exercisable by any other person, but only by Optioneehim.

Non-Assignability of Option. The This Option shall not be given, granted, sold, exchanged, transferred, pledged, assigned or ­otherwise otherwise encumbered or disposed of by the Optionee, excepting otherwise than by Will or the laws of descent and distribution, and, during the lifetime or existence of the Optionee, shall not be exercisable by any other person, but only by the Optionee.

Non-Assignability of Option. The Option shall not be given, granted, sold, exchanged, transferred, pledged, assigned encumbered, assignee or ­otherwise encumbered or otherwise disposed of by Optionee, excepting other than by Will will or the laws of descent and distribution, and, during the lifetime of Optionee, shall not be exercisable by any other person, but only by the Optionee.

Non-Assignability of Option. The No Option shall not be given, granted, sold, exchanged, transferred, pledged, assigned assignable or ­otherwise encumbered transferable by the Optionee except by will or disposed of by Optionee, excepting by Will or the laws of descent and distribution, and, during . During the lifetime life of the Optionee, each Option shall not be exercisable by any other person, but only by Optioneehim, or by a conservator or guardian duly appointed for him by reason of his incapacity, or by the person appointed by the Optionee in a durable power of attorney acceptable to the Company's counsel.

Non-Assignability of Option. The Option shall not be given, granted, sold, exchanged, transferred, pledged, assigned or ­otherwise otherwise encumbered or disposed of by Optionee, excepting otherwise than by Will or the laws of descent and distribution, and, during the lifetime of Optionee, shall not be exercisable by any other person, but only by Optioneehim.

Non-Assignability of Option. The This Option shall not be given, granted, sold, exchanged, transferred, pledged, assigned or ­otherwise encumbered otherwise incumbered or disposed of by the Optionee, excepting otherwise than by Will will or the laws of descent and distribution, and, during the lifetime of the Optionee, shall not be exercisable by any other person, but only by Optioneehim.

Non-Assignability of Option. The This Option shall not be given, granted, sold, exchanged, transferred, pledged, assigned or ­otherwise otherwise encumbered or disposed of by the 2 Optionee, excepting otherwise than by Will will or the laws of descent and distribution, and, during the lifetime of the Optionee, shall not be exercisable by any other person, but only by the Optionee.

Non-Assignability of Option. The Option shall not be given, granted, sold, exchanged, transferred, pledged, encumbered, assigned or ­otherwise encumbered or otherwise disposed of by Optionee, excepting other than by Will or will, the laws of descent and distributiondistribution or estate planning purposes, and, and during the lifetime of Optionee, shall not be exercisable by any other person, but only by Optionee.

Non-Assignability of Option. The Option shall not be given, granted, sold, exchanged, transferred, pledged, encumbered, assigned or ­otherwise encumbered or otherwise disposed of by Optionee, excepting other than by Will will or the laws of descent and distribution, and, and during the lifetime of Optionee, shall not be exercisable by any other person, but only by Optioneehim.

Non-Assignability of Option. The No Option shall not be given, granted, sold, exchanged, transferred, pledged, assigned assignable or ­otherwise encumbered transferable by the Optionee except by will or disposed of by Optionee, excepting by Will or the laws of descent and distribution, and, during . During the lifetime life of the Optionee, each Option shall not be exercisable by any other person, but only by him, by a conservator or guardian duly appointed for him by reason of the Optionee's incapacity or by the person appointed by the Optionee in a durable power of attorney acceptable to the Company's counsel.