Non-Assignability of Option. The Optionee may not give, grant, sell, exchange, transfer legal title, pledge, assign or otherwise encumber or dispose of the Option herein granted or any interest therein, otherwise than by will or the laws of descent and distribution and, except as provided in Paragraph 4 hereof, the Option shall be exercisable only by the Optionee.
Appears in 16 contracts
Samples: Stock Option Agreement (Cantel Medical Corp), Stock Option Agreement (Cantel Medical Corp), Stock Option Agreement (Cantel Medical Corp)
Non-Assignability of Option. The Optionee may not give, grant, sell, exchange, transfer legal title, pledge, assign or otherwise encumber or dispose of the Option herein granted or any interest therein, otherwise than by will or the laws of descent and distribution and, except as provided in Paragraph 4 4(b) hereof, the Option shall may be exercisable only by the Optionee.
Appears in 5 contracts
Samples: Stock Option Agreement (Cantel Medical Corp), Stock Option Agreement (Cantel Medical Corp), Stock Option Agreement (Cantel Medical Corp)
Non-Assignability of Option. The Optionee may not give, grant, sell, exchange, transfer legal title, pledge, assign or otherwise encumber or dispose of the Option herein granted or any interest therein, otherwise than by will or the laws of descent and distribution and, except as provided in Paragraph 4 4(b) hereof, the Option shall be exercisable only by the Optionee.
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Non-Assignability of Option. The Optionee may not give, grant, --------------------------- sell, exchange, transfer legal title, pledge, assign or otherwise encumber or dispose of the Option herein granted or any interest therein, otherwise than by will or the laws of descent and distribution and, except as provided in Paragraph 4 hereof, the Option shall be exercisable only by the Optionee.
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Non-Assignability of Option. The Optionee may not give, grant, sell, exchange, transfer legal title, pledge, assign or otherwise encumber or dispose of the Option herein granted or any interest therein, otherwise than by will or the laws of descent and distribution and, except as provided in Paragraph 4 4(b) hereof, the Option shall be exercisable only by be the Optionee.
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Non-Assignability of Option. The Optionee may not give, grant, --------------------------- sell, exchange, transfer legal title, pledge, assign or otherwise encumber or dispose of the Option herein granted or any interest therein, otherwise than by will or the laws of descent and distribution and, except as provided in Paragraph 4 4(b) hereof, the Option shall be exercisable only by be the Optionee.
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