Common use of Non-Transferability of Option Clause in Contracts

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 207 contracts

Samples: Executive Employment Agreement (JFB Construction Holdings), Executive Employment Agreement (JFB Construction Holdings), Stock Option Agreement (Avenue Therapeutics, Inc.)

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Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by the Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 180 contracts

Samples: Stock Option Agreement (AtriCure, Inc.), Annual Report, Annual Report

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of the Optionee only by the Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 77 contracts

Samples: Stock Option Agreement (John Marshall Bancorp, Inc.), Stock Option Agreement (John Marshall Bancorp, Inc.), Stock Option Agreement (John Marshall Bancorp, Inc.)

Non-Transferability of Option. This Option may is not be transferred assignable or transferable, in any manner otherwise whole or in part, by the Optionee other than by will or by the laws of descent or distribution and may be exercised during distribution. During the lifetime of Optionee the Optionee, the Option shall be exercisable only by Optionee. The terms the Optionee or, in the event of the Plan and this Option Agreement shall be binding upon the executorshis or her disability, administrators, heirs, successors and assigns of the Optioneeby his or her guardian or legal representative.

Appears in 76 contracts

Samples: Stock Option Agreement (NextPlat Corp), Stock Option Agreement (NextPlat Corp), Stock Option Agreement (NextPlat Corp)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee Participant only by OptioneeParticipant. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the OptioneeParticipant.

Appears in 64 contracts

Samples: Stock Option Agreement (Carmot Therapeutics Inc.), Stock Option Agreement (Carmot Therapeutics Inc.), Stock Option Agreement (Tempest Therapeutics, Inc.)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be are binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 60 contracts

Samples: Stock Option Agreement (180 Life Sciences Corp.), Stock Option Agreement (Society Pass Incorporated.), Stock Option Agreement (Golden Matrix Group, Inc.)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of the Optionee only by the Optionee. The terms of the Plan and this Option Grant Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 59 contracts

Samples: Stock Option Grant Agreement (Corbus Pharmaceuticals Holdings, Inc.), Incentive Stock Option Grant Agreement (Corbus Pharmaceuticals Holdings, Inc.), Incentive Stock Option Grant Agreement (Data Storage Corp)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 49 contracts

Samples: Employee Stock Option Agreement, Stock Option Agreement (SS&C Technologies Holdings Inc), Stock Option Agreement (Spectrx Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by the Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 48 contracts

Samples: Stock Option Agreement (Sipex Corp), Stock Option Agreement (Verisign Inc/Ca), Stock Option Agreement (Pixelworks Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optioneehim. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 38 contracts

Samples: Stock Option Agreement (Peregrine Semiconductor Corp), Stock Option Agreement (Flanders Corp), Incentive Stock Option Agreement (Finisar Corp)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by the Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 34 contracts

Samples: Outside Director Option Agreement (Lattice Semiconductor Corp), Director Option Agreement (Adept Technology Inc), Director Option Agreement (Adept Technology Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optioneehim or her. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 33 contracts

Samples: Stock Option Agreement (Ouster, Inc.), Equity Incentive Plan (Ohanae, Inc.), Stock Option Grant

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee Optionee, only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 33 contracts

Samples: Non Qualified Stock Option Agreement (Encore Acquisition Co), Incentive Stock Option Agreement (Encore Acquisition Co), Incentive Stock Option Agreement (Encore Acquisition Co)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of the Optionee only by the Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 31 contracts

Samples: Stock Option Agreement (Energy Vault Holdings, Inc.), Stock Option Agreement (Heliogen, Inc.), Global Stock Option Agreement (Servicesource International, Inc.)

Non-Transferability of Option. This Option may not be transferred in ----------------------------- any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of the Optionee only by the Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 27 contracts

Samples: Stock Option Agreement (Osage Bancshares, Inc.), Stock Option Agreement (Osage Federal Financial Inc), Stock Option Agreement (Parke Bancorp, Inc.)

Non-Transferability of Option. This Option may not be transferred in ----------------------------- any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 27 contracts

Samples: Stock Option Agreement (Avanex Corp), Stock Option Agreement (Numerical Technologies Inc), Stock Option Agreement (Ondisplay Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by the Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 26 contracts

Samples: Non Qualified Stock Option Agreement (Connetics Corp), Non Qualified Stock Option Agreement (Connetics Corp), Non Qualified Stock Option Agreement (Connetics Corp)

Non-Transferability of Option. This The Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee Optionee, only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 23 contracts

Samples: Stock Option Agreement (Xsunx Inc), Stock Option Agreement (Xsunx Inc), Stock Option Agreement (Xsunx Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than except by will or by the laws of descent or distribution and distribution. It may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 20 contracts

Samples: Stock Option Agreement (Duolingo, Inc.), Non Qualified Stock Option Agreement (Black Ridge Oil & Gas, Inc.), Incentive Stock Option Agreement (Black Ridge Oil & Gas, Inc.)

Non-Transferability of Option. This The Option may not be sold, pledged, assigned, hypothecated, gifted, transferred or disposed of in any manner otherwise either voluntarily or involuntarily by operation of law, other than by will or by the laws of descent or distribution and may be exercised during distribution. During the lifetime of Optionee Optionee’s lifetime, the Option is exercisable only by the Optionee. The Subject to the foregoing and the terms of the Plan and this Plan, the terms of the Option Agreement shall will be binding upon the executors, administrators, heirs, successors administrators and assigns heirs of the Optionee.

Appears in 17 contracts

Samples: Non Qualified Stock Option Agreement (Collegium Pharmaceutical, Inc), Incentive Stock Option Agreement (Collegium Pharmaceutical, Inc), Non Qualified Stock Option Agreement (Bojangles', Inc.)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than except by will or by the laws of descent or distribution and distribution. It may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 16 contracts

Samples: Stock Option Agreement (Principia Biopharma Inc.), Stock Option Agreement (Sagimet Biosciences Inc.), Stock Option Agreement (Airxpanders Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than except by will or by the laws of descent or distribution and . It may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 14 contracts

Samples: Stock Option Agreement (AeroVironment Inc), Stock Option Agreement (Intermolecular Inc), Stock Option Agreement (Arthrocare Corp)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optioneedistribution. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 14 contracts

Samples: Incentive Stock Option Agreement (Peoples Banctrust Co Inc), Stock Option Agreement (Cooperative Bankshares Inc), Incentive Stock Option Agreement (Peoples Banctrust Co Inc)

Non-Transferability of Option. This The Option may not be transferred in any manner otherwise than except by will or by the laws of descent or distribution and distribution. It may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 14 contracts

Samples: Inducement Stock Option Agreement (Capstone Turbine Corp), Inducement Stock Option Agreement (Capstone Turbine Corp), Stock Option Agreement (Capstone Turbine Corp)

Non-Transferability of Option. This Option may not be transferred in ----------------------------- any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by the Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 13 contracts

Samples: Director Option Agreement (McClatchy Co), Director Option Agreement (Echelon Corp), Director Option Agreement (Nassda Corp)

Non-Transferability of Option. This Option may not be transferred in ----------------------------- any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 13 contracts

Samples: Stock Option Agreement (Xoom Inc), Stock Option Agreement (Four Media Co), Stock Option Agreement (Pointcast Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by the Optionee. The terms of the Plan and this Option Agreement shall will be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 12 contracts

Samples: Stand Alone Stock Option Agreement, Stand Alone Stock Option Agreement (Akesis Pharmaceuticals, Inc.), Stand Alone Stock Option Agreement (Plantronics Inc /Ca/)

Non-Transferability of Option. This Option may be exercised during the lifetime of the Optionee only by the Optionee and may not be transferred in any manner otherwise other than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optioneedistribution. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, heirs and successors and assigns of the Optionee.

Appears in 11 contracts

Samples: New Employee Stock Option Agreement (Broadcom Corp), Stock Option Agreement, Stock Option Agreement

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of the Optionee only by the Optionee. The terms of the Plan and this Option Agreement shall will be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 10 contracts

Samples: Stock Option Agreement (Tru Shrimp Companies, Inc.), Stock Option Agreement (Tru Shrimp Companies, Inc.), Stock Option Agreement (Tru Shrimp Companies, Inc.)

Non-Transferability of Option. This Option may not be transferred in any ----------------------------- manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 10 contracts

Samples: Stock Option Agreement (Multex Com Inc), Stock Option Agreement (Numerical Technologies Inc), Stock Option Agreement (Numerical Technologies Inc)

Non-Transferability of Option. This The Option may not be transferred sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner otherwise than except by will or by the laws of descent or distribution and distribution. It may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 9 contracts

Samples: Stock Option Agreement (Priveterra Acquisition Corp.), Director Retainer Agreement, Director Retainer Agreement (Aoxin Tianli Group, Inc.)

Non-Transferability of Option. This The Option may is not be transferred assignable or transferable, in any manner otherwise whole or in part, by the Optionee other than by will or by the laws of descent or distribution and may be exercised during distribution. During the lifetime of Optionee the Optionee, the Option shall be exercisable only by Optionee. The terms the Optionee or, in the event of the Plan and this Option Agreement shall be binding upon the executorshis legal disability, administrators, heirs, successors and assigns of the Optioneeby his legal representative.

Appears in 9 contracts

Samples: Stock Option Agreement (Derma Sciences Inc), Stock Option Agreement (Derma Sciences Inc), Stock Option Agreement (Derma Sciences Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will will, by written beneficiary designation or by the laws of descent or distribution and distribution, and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 9 contracts

Samples: Incentive Stock Option Agreement (FNB Bancorp/Ca/), Incentive Stock Option Agreement (FNB Bancorp/Ca/), Nonstatutory Stock Option Agreement (FNB Bancorp/Ca/)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 9 contracts

Samples: Stock Option Agreement (Millendo Therapeutics, Inc.), Stock Option Agreement (Millendo Therapeutics, Inc.), Employee Stock Option Agreement (Rudolph Technologies Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 9 contracts

Samples: Nonstatutory Stock Option Agreement (Conceptus Inc), Employment Agreement (Neurocrine Biosciences Inc), Employment Commencement Nonstatutory Stock Option (Neurocrine Biosciences Inc)

Non-Transferability of Option. This Option may not be transferred in any manner by the ----------------------------- Optionee otherwise than by will or by the laws of descent or and distribution and may be exercised during so long as an Optionee lives, only such Optionee or his guardian or legal representative shall have the lifetime of Optionee only by Optioneeright to exercise this Option. The terms of the Plan and this Option Agreement option shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 9 contracts

Samples: Nonincentive Stock Option Agreement (Polyphase Corp), Nonincentive Stock Option Agreement (Polyphase Corp), Nonincentive Stock Option Agreement (Polyphase Corp)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or and distribution and and, during the Optionee’s lifetime, may only be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 8 contracts

Samples: Executive Employment Agreement (Tenax Therapeutics, Inc.), Incentive Stock Option Agreement (Tenax Therapeutics, Inc.), Stock Option Agreement (Tenax Therapeutics, Inc.)

Non-Transferability of Option. This Option may The option granted under this Agreement shall not be transferred in any manner otherwise than by will or by the laws of descent or and distribution and may shall be exercised exercisable during the Optionee's lifetime of Optionee only by the Optionee. The terms of the Plan and this Option Agreement No option granted hereunder shall be binding upon the executorssubject to execution, administratorsattachment, heirspledge, successors and assigns of the Optioneehypothecation, or other process.

Appears in 8 contracts

Samples: Stock Option Agreement (Netsmart Technologies Inc), Stock Option Agreement (Aeroflex Inc), Stock Option Agreement (Aeroflex Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Stock Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 7 contracts

Samples: Stock Option Agreement (Home Solutions of America Inc), Stock Option Agreement (Home Solutions of America Inc), Stock Option Agreement (Home Solutions of America Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 7 contracts

Samples: Stock Option Agreement (Illumina Inc), Stock Option Agreement (Competitive Companies Inc), Stock Option Agreement (Competitive Companies Inc)

Non-Transferability of Option. This Option may not be sold, pledged, assigned, hypothecated, transferred or disposed of in any manner otherwise other than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optioneehim. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, heirs and successors and assigns of the Optionee.

Appears in 7 contracts

Samples: Nonqualified Stock Option Agreement (Edison Controls Corp), Nonqualified Stock Option Agreement (Edison Controls Corp), Nonqualified Stock Option Agreement (Edison Controls Corp)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution distribution, and may be exercised during the lifetime of Optionee only by the Optionee or by the Optionee’s guardian, if any, as provided in the Plan. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 7 contracts

Samples: Stock Option Agreement (Helix BioPharma Corp), Stock Option Agreement (Helix BioPharma Corp), Stock Option Agreement (Helix BioPharma Corp)

Non-Transferability of Option. This The Option may and this Option Agreement shall not be transferred in any manner transferable otherwise than by will or by the laws of descent or distribution and distribution; and the Option may be exercised exercised, during the lifetime of Optionee the Optionee, only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon Optionee or, in the executors, administrators, heirs, successors and assigns event of the Optionee’s death, by his or her legal representative.

Appears in 7 contracts

Samples: Stock Option Agreement (Citizens & Northern Corp), Incentive Stock Option Agreement (Citizens & Northern Corp), Incentive Stock Option Agreement (Citizens & Northern Corp)

Non-Transferability of Option. This Option may not be transferred in ----------------------------- any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by the Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 7 contracts

Samples: Non Plan Stock Option Agreement (Evolve Software Inc), Stock Option Agreement (Openwave Systems Inc), Employment Agreement (Emachines Inc /De/)

Non-Transferability of Option. This Option option may not be transferred in any manner otherwise than except by will or by the laws of descent or distribution and distribution. It may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 7 contracts

Samples: Non Qualified Stock Option Agreement (PayMeOn, Inc.), Non Qualified Stock Option Agreement (Mmax Media, Inc.), Non Qualified Stock Option Agreement (Theglobe Com Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee the Participant only by Optioneethe Participant. The terms of the Plan and this the Option Agreement Terms shall be binding upon the executors, administrators, heirs, successors and assigns of the OptioneeParticipant.

Appears in 7 contracts

Samples: Stock Option Agreement (TAL International Group, Inc.), Stock Option Agreement (TAL International Group, Inc.), Stock Option Agreement (TAL International Group, Inc.)

Non-Transferability of Option. This The Option may not be transferred in any manner otherwise other than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optioneedistribution. The terms of the Plan and this Option Agreement shall be binding upon bind the executors, administrators, heirs, heirs and successors and assigns of the Optionee.

Appears in 6 contracts

Samples: Stock Option Agreement (Adventrx Pharmaceuticals Inc), Stock Option Agreement (Adventrx Pharmaceuticals Inc), Employment Agreement (Adventrx Pharmaceuticals Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by OptioneeOptionee or his guardian or legal representative. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 6 contracts

Samples: Stock Option Agreement (Overhill Farms Inc), Stock Option Agreement (Overhill Farms Inc), Stock Option Agreement (Overhill Farms Inc)

Non-Transferability of Option. This Option may not be transferred or assigned in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optioneehim. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 5 contracts

Samples: Stock Option Agreement (Cadence Design Systems Inc), Stock Option Agreement (Spectrian Corp /Ca/), Stock Option Agreement (Spectrian Corp /Ca/)

Non-Transferability of Option. This Option may not be transferred sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner otherwise other than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 5 contracts

Samples: Option Agreement (Biotime Inc), Option Agreement (Acorn Energy, Inc.), Share Option Agreement (Spansion Inc.)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution or as set forth in Schedule A and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 5 contracts

Samples: Stock Option Agreement (Catalyst Biosciences, Inc.), Stock Option Agreement (Catalyst Biosciences, Inc.), Stock Option Agreement (Targacept Inc)

Non-Transferability of Option. This Option may not be transferred in ----------------------------- any manner otherwise than except by will or by the laws of descent or distribution and distribution. It may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 5 contracts

Samples: Non Qualified Stock Option Agreement (Drkoop Com Inc), Non Qualified Stock Option Agreement (Prime Ventures LLC), Non Qualified Stock Option Agreement (Prime Ventures LLC)

Non-Transferability of Option. This Except as otherwise set forth in the Notice, this Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optioneehim or her. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 5 contracts

Samples: Stock Option Agreement (Neothetics, Inc.), Stock Option Agreement (Neothetics, Inc.), License Agreement (Orexigen Therapeutics, Inc.)

Non-Transferability of Option. This Option may not be transferred ----------------------------- in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by the Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 5 contracts

Samples: Stock Option Agreement (Rational Software Corp), Stock Option Agreement (Microtune Inc), Stock Option Agreement (Emachines Inc /De/)

Non-Transferability of Option. This Except with the prior, express written permission of the Administrator, this Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 5 contracts

Samples: Executive Compensation Agreement, Stock Option Agreement (Little Squaw Gold Mining Co), Executive Compensation Agreement (Gold Crest Mines Inc)

Non-Transferability of Option. This Option may not be transferred in any ----------------------------- manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of the Optionee only by the Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 5 contracts

Samples: Stock Option Agreement (CFS Bancshares Inc), Stock Option Agreement (Synergy Financial Group Inc /Nj/), Stock Option Agreement (Teche Holding Co)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution or as set forth in the Plan and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 5 contracts

Samples: Stock Option Agreement (Alien Technology Corp), Stock Option Agreement (Verisign Inc/Ca), Stock Option Agreement (Cisco Systems Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than manner, except for transfer by will or by the laws of descent or distribution distribution, and may be exercised during the lifetime of the Optionee only by the Optionee; provided, however, that the Optionee may transfer this Option if the Optionee obtains the Company’s written consent to such transfer (which the Company may withhold, in its sole and absolute discretion). The terms of the Plan and this Option Agreement shall will be binding upon the executors, administrators, heirs, successors successors, and assigns of the Optionee.

Appears in 5 contracts

Samples: Stock Option Agreement (Engenavis, Inc.), Stock Option Agreement (Engenavis, Inc.), Stock Option Agreement (Engenavis, Inc.)

Non-Transferability of Option. This The Option may not be transferred in any manner otherwise other than by will or by the laws of descent or and distribution and may be exercised during the lifetime of Optionee Participant only by OptioneeParticipant. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the OptioneeParticipant.

Appears in 5 contracts

Samples: Stock Option Agreement (Legend Oil & Gas, Ltd.), Stock Option Agreement (Legend Oil & Gas, Ltd.), Stock Option Agreement (Pacific Biometrics Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than except by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by the Optionee. The terms of the Plan and this Option Inducement Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee. Upon any attempt to transfer the Award, the Award and the rights and privileges conferred hereby immediately will become null and void.

Appears in 5 contracts

Samples: Inducement Stock Option Agreement (Lantronix Inc), Inducement Stock Option Agreement (Lantronix Inc), Inducement Stock Option Agreement (Lantronix Inc)

Non-Transferability of Option. (a) This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee Participant only by OptioneeParticipant. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the OptioneeParticipant.

Appears in 4 contracts

Samples: Stock Option Agreement (Stem, Inc.), Stock Option Agreement (Stem, Inc.), Stock Option Agreement (Stem, Inc.)

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Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of the Optionee only by the Optionee. The terms of the Plan and this Option Agreement Agreement, including the Appendix, shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 4 contracts

Samples: Global Stock Option Agreement (Trimble Inc.), Stock Option Agreement (Trimble Navigation LTD /Ca/), Stock Option Agreement (Trimble Navigation LTD /Ca/)

Non-Transferability of Option. This Option may not be transferred ----------------------------- in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 4 contracts

Samples: Stock Option Agreement (Avanex Corp), Stock Option Agreement (Numerical Technologies Inc), Stock Option Agreement (Numerical Technologies Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise other than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 4 contracts

Samples: Nonstatutory Stock Option Agreement (Collagenex Pharmaceuticals Inc), Stock Option Agreement (Collagenex Pharmaceuticals Inc), Stock Option Agreement (Prophet 21 Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of the Optionee only by the Optionee. The terms of the Plan and this Option Agreement and the Plan shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee. This Option may not be assigned, pledged or hypothecated by the Optionee whether by operation of law or otherwise, and is not subject to execution, attachment or similar process.

Appears in 4 contracts

Samples: Stock Option Agreement (Berry Petroleum Co), Stock Option Agreement (Berry Petroleum Co), Stock Option Agreement (Berry Petroleum Co)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of the Optionee only by the Optionee or, in the event of the Optionee's Incapacity, by his or her Attorney. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 4 contracts

Samples: Director Option Agreement (Skillsoft Public Limited Co), Director Option Agreement (Skillsoft Public Limited Co), Director Option Agreement (Skillsoft Public Limited Co)

Non-Transferability of Option. This During the Optionee's lifetime, the option hereunder shall be exercisable only by the Optionee or any guardian or legal representative of the Optionee, and the Option may shall not be transferred transferable except, in any manner otherwise than case of the death of the Optionee, by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optioneedistribution.

Appears in 4 contracts

Samples: Stock Option Agreement (Pioneer Railcorp), Stock Option Agreement (Pioneer Railcorp), Stock Option Agreement (Pioneer Railcorp)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or and distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 4 contracts

Samples: Inducement Stock Option Award Agreement (InfuSystem Holdings, Inc), Stock Option Award Agreement (InfuSystem Holdings, Inc), Stock Option Award Agreement (InfuSystem Holdings, Inc)

Non-Transferability of Option. 7.1 This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by the Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 4 contracts

Samples: Stock Option Agreement (Ubarter Com Inc), Stock Option Agreement (Lion Inc/Wa), Stock Option Agreement (International Barter Corp)

Non-Transferability of Option. This The Option may not be transferred in any manner otherwise other than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Stock Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 4 contracts

Samples: Stock Option Agreement (Home Solutions of America Inc), Stock Option Agreement (Home Solutions of America Inc), Stock Option Agreement (Home Solutions of America Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by him or by Optionee's legal representative on behalf of Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 4 contracts

Samples: Employee Stock Option Agreement (Auspex Systems Inc), Employee Stock Option Agreement (Auspex Systems Inc), Employee Stock Option Agreement (Auspex Systems Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of the Optionee only by the Optionee. The terms of the 2016 Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 4 contracts

Samples: Stock Option Agreement (Motus GI Holdings, Inc.), Stock Option Agreement (Motus GI Holdings, Inc.), Stock Option Agreement (Motus GI Holdings, Inc.)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and distribution, and may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's guardian or legal representative. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and successors, guardians, assigns or legal representatives of the Optionee.

Appears in 4 contracts

Samples: Non Incentive Stock Option Agreement (Fidelity Bancorp Inc), Compensatory Stock Option Agreement (First Defiance Financial Corp), Incentive Stock Option Agreement (Fidelity Bancorp Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 4 contracts

Samples: Stock Option Agreement (Gatc Health Corp), Director Stock Option Agreement (Global Secure Corp.), Stock Option Agreement (Environmental Power Corp)

Non-Transferability of Option. This Option may not be transferred in ----------------------------- any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by the Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 4 contracts

Samples: Stock Option Agreement (Efficient Networks Inc), Stock Option Agreement (Applied Micro Circuits Corp), Stock Option Agreement (Quantum Corp /De/)

Non-Transferability of Option. This Option No Options under this Agreement shall or may not be transferred in any manner assigned, transferred, sold, exchanged, encumbered, pledged or otherwise than hypothecated or disposed of by will or the Optionee except by will, by the laws of descent and distribution or distribution by written beneficiary designation, and may be exercised during the lifetime of the Optionee only by the Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, heirs and successors and assigns of the Optionee.

Appears in 4 contracts

Samples: Stock Option Agreement (Greater Bay Bancorp), Stock Option Agreement (Greater Bay Bancorp), Stock Option Agreement (Greater Bay Bancorp)

Non-Transferability of Option. This An Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of the Optionee only by the Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 4 contracts

Samples: Stock Option Grant Agreement (Talend S.A.), Stock Option Grant Agreement (Talend S.A.), Stock Option Grant Agreement (Talend SA)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optioneehim. The terms of the Plan and this Option Agreement shall be binding upon the executors, administratorsOptionee and his personal representatives, heirs, successors and assigns of the Optioneeassigns.

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (Granite City Food & Brewery Ltd.), Non Qualified Stock Option Agreement (Granite City Food & Brewery LTD), Stock Option Agreement (Granite City Food & Brewery LTD)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of the Optionee only by the Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee. Notwithstanding the foregoing, such Options may be transferred for estate planning purposes in connection with Section 6.1(a)(iii) of the Plan.

Appears in 4 contracts

Samples: Stock Option Agreement (Dimeco Inc), Stock Option Agreement (Roma Financial Corp), Stock Option Agreement (Cecil Bancorp Inc)

Non-Transferability of Option. This Option may not be transferred sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner otherwise than by will or by the laws of descent or distribution and may be exercised exercised, during the lifetime of Optionee Optionee, only by Optionee. The terms of the Plan and this Option Award Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 4 contracts

Samples: Stock Option Award Agreement (Endocyte Inc), Stock Option Award Agreement (Endocyte Inc), Stock Option Award Agreement (Endocyte Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and Plan, this Option Agreement and the Joint Election shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 3 contracts

Samples: Stock Option Agreement, Stock Option Agreement (Mavenir Systems Inc), Stock Option Agreement (Mavenir Systems Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by the Optionee, either voluntarily or involuntarily, except by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optioneedistribution. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 3 contracts

Samples: Stock Option Agreement (Chembio Diagnostics, Inc.), Stock Option Agreement (Chembio Diagnostics, Inc.), Stock Option Agreement (Chembio Diagnostics, Inc.)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of the Optionee only by the Optionee. The terms of the Plan and this Option Award Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 3 contracts

Samples: Stock Option Award Agreement (Coffee Holding Co Inc), Stock Option Award Agreement (Coffee Holding Co Inc), Non Qualified Stock Option Agreement (Omrix Biopharmaceuticals, Inc.)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise other than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optioneehim. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 3 contracts

Samples: Stock Option Agreement (Altera Corp), Stock Option Agreement (Altera Corp), Stock Option Agreement (Altera Corp)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during distribution, except as otherwise permitted by the lifetime Administrator in accordance with the terms of Optionee only by Optioneethe Plan. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 3 contracts

Samples: Stock Option Agreement (Jabil Circuit Inc), Stock Option Agreement (Jabil Circuit Inc), Stock Option Agreement (Jabil Circuit Inc)

Non-Transferability of Option. This Except as otherwise provided by the Plan, this Option may be exercised during the lifetime of the Optionee only by the Optionee and may not be transferred in any manner otherwise other than by will or by the laws of descent and distribution. Any purported transfer in violation of this Section 7 shall be void ab initio and shall be of no force or distribution and may be exercised during the lifetime of Optionee only by Optioneeeffect. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, and successors and assigns of the Optionee.

Appears in 3 contracts

Samples: Employment Agreement (BBJ Environmental Technologies Inc), Grant of Option (BBJ Environmental Technologies Inc), Grant of Option (BBJ Environmental Technologies Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by the Optionee. The terms of the Plan and this Stock Option Agreement shall be binding upon the executors, administrators, heirs, personal representatives, successors and permitted assigns of the Optionee.

Appears in 3 contracts

Samples: Stock Option Agreement (Cardiogenesis Corp /Ca), Stock Option Agreement (Cardiogenesis Corp /Ca), Stock Option Agreement (Cardiogenesis Corp /Ca)

Non-Transferability of Option. This Option may not be transferred in ----------------------------- any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of the Optionee only by the Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee. Notwithstanding the foregoing, such Options may be transferred for estate planning purposes in connection with Section 6.01(a)(iii) of the Plan.

Appears in 3 contracts

Samples: Stock Option Agreement (Parke Bancorp, Inc.), Stock Option Agreement (Kearny Financial Corp.), Stock Option Agreement (Parke Bancorp, Inc.)

Non-Transferability of Option. This Option may not be transferred in any ----------------------------- manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optioneedistribution. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 3 contracts

Samples: Non Incentive Stock Option Agreement (Central Bancorp Inc /Ma/), Stock Option Agreement (Peoples Bankcorp Inc), Stock Option Agreement (Patapsco Bancorp Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise other than by will or by the laws of descent or distribution and may be exercised during the lifetime of the Optionee only by the Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Mitcham Industries Inc), Incentive Stock Option Agreement (Mitcham Industries Inc), Separation Agreement (Mitcham Industries Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than except by will or by the laws of descent or distribution and may be exercised during the Optionee’s lifetime of by the Optionee only by Optioneeonly. The terms of the Plan and this Option Agreement shall be are binding upon the executors, administrators, heirs, successors successors, and assigns of the Optionee.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Cortland Bancorp Inc), Non Qualified Stock Option Agreement (Cortland Bancorp Inc), Non Qualified Stock Option Agreement (Cortland Bancorp Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than except by will or by the laws of descent or distribution and distribution. The Option may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 3 contracts

Samples: Stock Option Agreement (Demand Media Inc.), Stock Option Agreement (Demand Media Inc.), Stock Option Agreement (Demand Media Inc.)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise other than by will or by the laws of descent or distribution and distribution. This Option may be exercised during the lifetime of Optionee only by Optioneethe Optionee in accordance with the terms of the Plan and this Option Agreement. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 3 contracts

Samples: Stock Option Agreement (Navteq Corp), Stock Option Agreement (Navteq Corp), Stock Option Agreement (Navteq Corp)

Non-Transferability of Option. This Unless otherwise consented to in advance in writing by the Administrator, the Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of the Optionee only by the Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and permitted assigns of the Optionee.

Appears in 3 contracts

Samples: Stock Option Agreement (Cambium Learning Group, Inc.), Stock Option Agreement (Cambium Learning Group, Inc.), Employment Agreement (Cambium Learning Group, Inc.)

Non-Transferability of Option. This The Option may shall not be Sold, transferred in any manner or otherwise disposed of other than by will or by the laws of descent or distribution and may be exercised during distribution. During the lifetime of the Optionee the Option shall be exercisable only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Ipc Acquisition Corp), Nonqualified Stock Option Agreement (IPC Systems Holdings Corp.), Nonqualified Stock Option Agreement (IPC Systems Holdings Corp.)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than except by will or by the laws of descent or distribution and distribution. It may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors successors, and assigns of the Optionee.

Appears in 3 contracts

Samples: Stock Option Grant Notice (GrubHub Inc.), Stock Option Agreement (American Oil & Gas Inc), Stock Option Agreement (American Oil & Gas Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or will, by the laws of descent or distribution distribution, or by contribution to a personal corporation wholly owned by the Optionee, and may be exercised during the lifetime of the Optionee only by the Optionee. The terms of the Plan and this Option Agreement Agreement, including the Appendix, shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 3 contracts

Samples: Stock Option Agreement, Stock Option Agreement (Trimble Navigation LTD /Ca/), Stock Option Agreement (Trimble Navigation LTD /Ca/)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall will be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 3 contracts

Samples: Stock Option Agreement (Yuhe International, Inc.), Stock Option Award Agreement (Ziprealty Inc), Stock Option Award Agreement (Ziprealty Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.the

Appears in 3 contracts

Samples: Stock Option Agreement (Neurocrine Biosciences Inc), Stock Option Agreement (Avanex Corp), Stock Option Agreement (Sipex Corp)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or and distribution and may be exercised during the lifetime of Optionee only by the Optionee. The terms of the Plan and this Option Agreement Notice shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

Appears in 3 contracts

Samples: Stock Option Agreement (McAfee, Inc.), Stock Option Agreement (McAfee, Inc.), Stock Option Agreement (McAfee, Inc.)

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