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 Participant only by Participant. The terms of the Plan and this Award Agreement shall be binding upon the executors, Committees, heirs, successors and assigns of the Participant.

Appears in 10 contracts

Samples: Employment Agreement (American Railcar Industries, Inc./De), Par Technology Corp, Par Technology Corp

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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 Participant only by Participant. The terms of the Plan and this Award Agreement shall will be binding upon the executors, Committeesadministrators, heirs, successors and assigns of the Participant.

Appears in 7 contracts

Samples: Form of Option Agreement (Cutera Inc), Stock Option Award Agreement (BioPharmX Corp), 2004 Equity Incentive Plan Stock Option Award Agreement (Ev3 Inc.)

Non-Transferability of Option. This Option may not be transferred in any manner sold, assigned, transferred, pledged, hypothecated, or otherwise disposed of other than by will or by the laws of descent or distribution or court order and may be exercised during the lifetime of Participant only by ParticipantParticipant or unless otherwise permitted by the Committee on a case-by-case basis. The terms of the Plan and this Award Option Agreement shall will be binding upon the executors, Committeesadministrators, heirs, successors and assigns of the Participant.

Appears in 3 contracts

Samples: Restricted Stock Purchase Agreement (Workday, Inc.), Restricted Stock Purchase Agreement (Workday, Inc.), Restricted Stock Purchase Agreement (Workday, 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 or court order and may be exercised during the lifetime of Participant only by the Participant. The terms of the Plan and this Award Agreement shall be binding upon the executors, Committeesadministrators, heirs, successors and assigns of the Participant.

Appears in 3 contracts

Samples: Employment Agreement (Nutracea), Stock Option Award Agreement (SRB Management, L.P.), Incentive Plan Stock Option Exercise Agreement (Glu Mobile 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 Participant only by Participant. The terms of the Plan and this Award Agreement shall (including the exhibits hereto) will be binding upon the executors, Committeesadministrators, heirs, successors and assigns of the Participant.

Appears in 3 contracts

Samples: Equity Incentive Plan (Palo Alto Networks Inc), Global Stock Option Award Agreement (Organovo Holdings, Inc.), Award Agreement (Palo Alto Networks 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 Participant only by the Participant. The terms of the Plan and this Award Option Agreement shall be binding upon the executors, Committeesadministrators, heirs, heirs and successors and assigns of the Participant.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Superior Galleries Inc), Incentive Stock Option Agreement (Superior Galleries 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 Participant only by Participant. The terms of the Plan and this Award Agreement shall Agreement, will be binding upon the executors, Committeesadministrators, heirs, successors and assigns of Participant, to the Participantextent permissible under local law.

Appears in 2 contracts

Samples: Stock Option Agreement (Rambus Inc), Restricted Stock Unit Agreement (Rambus 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 Participant only by Participant. The terms of the Plan Agreement and this Award Agreement shall be binding upon the executors, Committees, heirs, successors and assigns of the Participant.

Appears in 2 contracts

Samples: Plan Stock Option Grant Agreement (Ra Medical Systems, Inc.), Plan Stock Option Grant Agreement (Ra Medical 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 Participant only by Participant. The terms of the Plan and this Award Agreement shall will be binding upon the executors, Committeesadministrators, heirs, successors and assigns of the Participant.

Appears in 2 contracts

Samples: Amendment and Restated Agreement (Ziprealty Inc), Amendment and Restated Agreement (Ziprealty 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 during the lifetime of Participant only by Participant. The terms of the Plan and this Award Agreement shall will be binding upon the executors, Committeesadministrators, heirs, successors and assigns of the Participant.

Appears in 2 contracts

Samples: Stock Option Award Agreement (Cost Plus Inc/Ca/), 2004 Stock Plan (Cost Plus Inc/Ca/)

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 Participant only by Participant. The terms of the Plan and this Award Agreement shall be binding upon the executors, Committees, heirs, successors and assigns of the Participant.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Revel Entertainment Group, LLC), Incentive Stock Option Agreement (Revel Entertainment Group, LLC)

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 Participant only by Participant. The terms of the Plan and this Award Agreement shall be binding upon the executors, Committees, heirs, successors and assigns of the Participant.

Appears in 1 contract

Samples: Consulting Agreement (Invivo Therapeutics Holdings 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 Participant only by the Participant. The terms of the Plan and this Award Agreement shall be binding upon the executors, Committeesadministrators, heirs, successors and assigns of the Participant.

Appears in 1 contract

Samples: Stock Option Award Agreement (Cell Genesys Inc)

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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 Participant only by Participant. The terms of the Plan and this Award Agreement shall be binding upon the executors, Committeesadministrators, heirs, successors and assigns of the Participant.

Appears in 1 contract

Samples: Employment Agreement (Cuentas Inc.)

Non-Transferability of Option. This Option may not be transferred in any manner sold, assigned, transferred, pledged, hypothecated or otherwise disposed of other than by will or by the laws of descent or distribution or court order and may be exercised during the lifetime of Participant only by ParticipantParticipant or unless otherwise permitted by the Committee on a case-by-case basis. The terms of the Plan and this Award Option Agreement shall will be binding upon the executors, Committeesadministrators, heirs, successors and assigns of the Participant.

Appears in 1 contract

Samples: Stock Option Award Agreement (Biolargo, 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 Participant only by Participant, except as permitted under the Plan. The terms of the Plan and this Award Agreement shall be binding upon the executors, Committeesadministrators, heirs, successors and assigns of the Participant.

Appears in 1 contract

Samples: Equity Incentive Plan (Triangle Canna 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 the Participant only by the Participant. The terms of the Plan and this Award Agreement shall be binding upon the executors, Committeesadministrators, heirs, successors and assigns of the Participant.

Appears in 1 contract

Samples: Stock Option Agreement (Epicor Software Corp)

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 or court order and may be exercised during the lifetime of Participant only by Participantthe Participant unless otherwise permitted by the Committee on a case-by-case basis. The terms of the Plan and this Award Agreement shall be binding upon the executors, Committeesadministrators, heirs, successors and assigns of the Participant.

Appears in 1 contract

Samples: Stock Option Award Agreement (Immersion 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 Participant Optionee only by ParticipantOptionee. The terms of the Plan and this Award Agreement shall be binding upon the executors, Committeesadministrators, heirs, successors and assigns of the ParticipantOptionee.

Appears in 1 contract

Samples: Inducement Award Agreement (Ascent Solar 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 Participant only by Participant. The terms of the Plan and this Award Agreement shall be binding upon the executors, Committeesadministrators, heirs, successors and assigns of the Participant.

Appears in 1 contract

Samples: Award Agreement (Wageworks, Inc.)

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