Common use of Non-Transferability of Option Clause in Contracts

Non-Transferability of Option. This Option shall not be transferable by the Optionee otherwise than by will or by the laws of descent and distribution. This Option shall be exercisable during the Optionee’s lifetime only by the Optionee.

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

Non-Transferability of Option. This Option shall not be transferable ----------------------------- by the Optionee otherwise than by will or by the laws of descent and distribution. This , and this Option shall be exercisable exercisable, during the Optionee’s lifetime 's lifetime, only by 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 the legatees or heirs who receive this Option by will or by the laws of descent and distribution.

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

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

Non-Transferability of Option. This Option shall may not be transferable by the Optionee otherwise assigned or transferred other than by will or by the laws of descent and distribution. This Option shall distribution and may be exercisable exercised during the Optionee’s lifetime of the Optionholder only by the Optioneehim or her.

Non-Transferability of Option. This Option shall not be transferable by the Optionee otherwise than by will or by the laws of descent and distribution. This distribution and this Option shall be exercisable exercisable, during the Optionee’s lifetime 's lifetime, only by the Optionee.

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

Non-Transferability of Option. This Option shall not be transferable by the Optionee otherwise other than by will or by the laws of descent and distribution. This , and during the lifetime of the Optionee, this Option shall be exercisable during the Optionee’s lifetime only by the Optionee.

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

Non-Transferability of Option. This The Option shall is not be assignable or transferable by the Optionee otherwise than by will or by the laws of descent and distribution. This Option shall be exercisable distribution and during the Optionee’s lifetime of Optionee may only be exercised by the Optionee.

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

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

Non-Transferability of Option. This Option shall not be transferable by the Optionee otherwise than by will or by the laws of descent and distribution. This distribution and this Option shall be exercisable exercisable, during the Optionee’s lifetime 's lifetime, only by the Optionee. 5.

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

Non-Transferability of Option. This Notwithstanding Section 4(b), this ----------------------------- Option shall is not be transferable assignable or transferable, in whole or in part, by the Optionee otherwise other than by will or by the laws of descent and distribution. This During the lifetime of the Optionee, the Option shall be exercisable during the Optionee’s lifetime only by the OptioneeOptionee or, in the event of his disability, by his legal representative.

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

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

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

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

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

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

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

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

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

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

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