Common use of Non-Transferability of Option Clause in Contracts

Non-Transferability of Option. This Option is not assignable or transferable by the Optionee otherwise than by will or by the laws of descent and distribution and, during the lifetime of the Optionee, this Option shall be exercisable only by Optionee or by his or her guardian or legal representative.

Non-Transferability of Option. This Option is shall not assignable or be transferable by the Optionee otherwise than by will or by the laws of descent and distribution and, during the lifetime of the Optionee, and this Option shall be exercisable exercisable, during the Optionee’s lifetime, only by Optionee or by his or her guardian or legal representativethe Optionee.

Non-Transferability of Option. This Option is not assignable or transferable transferable, in whole or in part, by the Optionee otherwise other than by will or by the laws of descent and distribution and, during distribution. During the lifetime of the Optionee, this the Option shall be exercisable only by the Optionee or, in the event of his or her Disability, by his or her guardian or legal representative.

Non-Transferability of Option. This Option is shall not assignable or be transferable by the Optionee otherwise than by will or by the laws of descent and distribution and, during the lifetime of the Optionee, this distribution. This Option shall be exercisable during the Optionee’s lifetime only by Optionee or by his or her guardian or legal representativethe Optionee.

Non-Transferability of Option. This Option is not assignable or transferable transferable, in whole or in part, by the Optionee otherwise other than by will or by the laws of descent and distribution and, during the lifetime of the Optionee, this Option shall be exercisable only by Optionee or or, in the event of legal disability, by his or her guardian or legal representative.

Non-Transferability of Option. This The Option is shall not assignable or be transferable by the Optionee otherwise other than by will or by the laws of descent and distribution anddistribution, and the Option shall be exercisable, during the lifetime Optionee's lifetime, only by the Optionee or by the guardian or legal representative of the Optionee, this it being understood that the term "Optionee" include the guardian and legal representative of the Optionee and any person to whom the Option shall be exercisable only is transferred by Optionee will or by his or her guardian or legal representativethe laws of descent and distribution.

Non-Transferability of Option. This The Option is not assignable or transferable transferable, in whole or in part, by the Optionee otherwise other than by will or by the laws of descent and distribution and, during distribution. During the lifetime of the Optionee, this the Option shall be exercisable only by the Optionee or, in the event of his or her disability, by his or her guardian or legal representative.

Non-Transferability of Option. This Option is may not assignable or transferable be transferred by the Optionee otherwise than by will or by the laws of descent and distribution and, during the distribution. During Optionee's lifetime of the Optionee, this Option shall may be exercisable exercised only by Optionee or by his or her Optionee's duly appointed guardian or legal representative.

Non-Transferability of Option. This Option is shall not assignable or be transferable by the Optionee otherwise than by will or by the laws of descent and distribution and, during the lifetime of the Optionee, and this Option shall be exercisable exercisable, during the Optionee's lifetime, only by the Optionee or by his or her guardian or legal representative.

Non-Transferability of Option. This Option is shall not assignable or be transferable by the Optionee otherwise than by will or by the laws of descent and distribution and, during the lifetime of the Optionee, and this Option shall be exercisable exercisable, during the Optionee's lifetime, only by Optionee or by his or her guardian or legal representativethe Optionee.

Non-Transferability of Option. This Option is shall not assignable or be transferable ----------------------------- by the Optionee otherwise than by will or by the laws of descent and distribution anddistribution, during the lifetime of the Optionee, and this Option shall be exercisable exercisable, during the Optionee's lifetime, only by Optionee the Optionee. Subject to the provisions of Section 4 hereof, --------- this Option may be exercised after the Optionee's death by the Optionee's personal representative or by his the legatees or her guardian heirs who receive this Option by will or legal representativeby the laws of descent and distribution.

Non-Transferability of Option. This Option is may not assignable be assigned or transferable by the Optionee otherwise transferred other than by will or by the laws of descent and distribution and, and may be exercised during the lifetime of the Optionee, this Option shall be exercisable Optionholder only by Optionee him or by his or her guardian or legal representativeher.

Non-Transferability of Option. This Option is shall not assignable or be transferable by the Optionee otherwise other than by will or by the laws of descent and distribution anddistribution, and during the lifetime of the Optionee, this Option shall be exercisable only by Optionee or by his or her guardian or legal representativethe Optionee.

Non-Transferability of Option. This The Option is not assignable or transferable by the Optionee otherwise than except by will or by the laws of descent and distribution and, during distribution. During the lifetime life of the Optionee, this the Option shall be is exercisable only by Optionee such person or by his or her such person's guardian or legal representative.

Non-Transferability of Option. This The Option is not assignable or transferable by the Optionee otherwise than by will or by the laws of descent and distribution and, and during the lifetime of the Optionee may only be exercised by Optionee, this Option shall be exercisable only by Optionee or by his or her guardian or legal representative.

Non-Transferability of Option. This The Option is not assignable or transferable transferable, in whole or in part, by the Optionee otherwise other than by will or by the laws of descent and distribution and, during distribution. During the lifetime of the Optionee, this the Option shall be exercisable only by the Optionee or or, in the event of Optionee’s legal disability, by his or her guardian or Optionee’s legal representative.

Non-Transferability of Option. This The Option is not assignable or transferable transferable, in whole or in part, by the Optionee otherwise other than by will or by the laws of descent and distribution and, during distribution. During the lifetime of the Optionee, this the Option shall be exercisable only by the Optionee or or, in the event of the Optionee's legal disability, by his or her guardian or the Optionee's legal representative.

Non-Transferability of Option. This Option is not assignable or transferable transferable, in whole or in part, by the Optionee otherwise other than by will or by the laws of descent and distribution and, during or to the extent permitted by the Plan. During the lifetime of the Optionee, this the Option shall be exercisable only by the Optionee or, in the event of his or her disability, by his or her guardian or legal representativerepresentative or to the extent permitted by the Plan.

Non-Transferability of Option. This Option is not assignable or transferable transferable, in whole or in part, by the Optionee otherwise other than by will or by the laws of descent and distribution and, during distribution. Any attempt to transfer this Option in violation of this provision shall be null and void. During the lifetime of the Optionee, this Option shall be exercisable only by the Optionee or or, in the event of the Optionee's legal disability, by his or her the Optionee's guardian or legal representative.

Non-Transferability of Option. This Option is shall not assignable or be transferable by the Optionee otherwise than by will or by the laws of descent and distribution and, during the lifetime of the Optionee, and this Option shall be exercisable exercisable, during the Optionee’s lifetime, only by Optionee the Optionee, or by his the Optionee’s legal representative or her guardian or legal representativein the event of the Optionee’s incapacity.

Non-Transferability of Option. This The Option is not assignable or transferable transferable, in whole or in part, by the Optionee otherwise than by will or by the laws of descent and distribution and, and during the lifetime of the Optionee, this the Option shall be exercisable only by Optionee him or by his or her guardian or legal representative.

Non-Transferability of Option. This The Option is shall not assignable or ----------------------------- be transferable by the Optionee otherwise other than by will or by the laws of descent and distribution anddistribution, and the Option shall be exercisable, during the lifetime Optionee's lifetime, only by the Optionee or by the guardian or legal representative of the Optionee, this it being understood that the term "Optionee" include the guardian and legal representative of the Optionee and any person to whom the Option shall be exercisable only is transferred by Optionee will or by his or her guardian or legal representativethe laws of descent and distribution.

Non-Transferability of Option. This No Option is not shall be transferable or assignable or transferable by the Optionee an Optionee, otherwise than by will or by the laws of descent and distribution andand each Option shall be exercisable, during the lifetime of the Optionee's lifetime, this only by him. No Option shall be exercisable only by Optionee pledged or by his hypothecated in any way and no Option shall be subject to execution, attachment, or her guardian or legal representativesimilar process except with the express consent of the Administrative Committee.

Non-Transferability of Option. This The Option is shall not assignable or be ----------------------------- transferable by the Optionee otherwise other than by will or by the laws of descent and distribution anddistribution, and the Option shall be exercisable, during the lifetime Optionee's lifetime, only by the Optionee or by the guardian or legal representative of the Optionee, this it being understood that the term "Optionee" include the guardian and legal representative of the Optionee and any person to whom the Option shall be exercisable only is transferred by Optionee will or by his or her guardian or legal representativethe laws of descent and distribution.

Non-Transferability of Option. This Option is may not assignable or transferable be transferred by the Optionee otherwise other than by will or by the laws of descent and distribution and, during distribution. During the lifetime of the Optionee, this Option shall be exercisable only by Optionee the Optionee, or by his or her guardian or a duly appointed legal representative.

Non-Transferability of Option. This Option is not assignable or transferable transferable, in whole or in part, by the Optionee otherwise other than by will or by the laws of descent and distribution anddistribution, and during the lifetime of the Optionee, this Optionee the Option shall be exercisable only by the Optionee or by his or her guardian or legal representative.

Non-Transferability of Option. This No Option is not assignable or transferable shall be transferred by the an Optionee otherwise than by will or by the laws of descent and distribution and, during distribution. During the lifetime of the an Optionee, this the Option shall be exercisable only by Optionee him or by his or her legal guardian or legal personal representative, or by an individual holding on behalf of the Optionee a valid Durable Power of Attorney.

Non-Transferability of Option. This Option is not assignable or transferable by the Optionee otherwise other than by will or by the laws of descent and distribution anddistribution, and during the lifetime of the Optionee, this the Option shall be exercisable only by Optionee or by his or her guardian or legal representative.

Non-Transferability of Option. This The Option is shall be nontransferable and shall not assignable be assignable, alienable, saleable, or otherwise transferable by the Optionee otherwise other than by will or by the laws of descent and distribution and, during or pursuant to a Domestic Relations Order. During the lifetime of the Optionee, this the Option shall be exercisable only by Optionee or by his or her guardian or legal representativethe Optionee.