Non-Transferability of Options. The Option may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner 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.
Appears in 14 contracts
Samples: Stock Option Agreement (Medicalcv Inc), Incentive Stock Option Agreement (Airport Systems International Inc), Non Statutory Stock Option Agreement (Elecsys Corp)
Non-Transferability of Options. The Option may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent and distribution or distribution pursuant to a qualified domestic relations order and may be exercised, during the lifetime of the Optionee, only by the Optionee.
Appears in 6 contracts
Samples: Stock Option Agreement (Granite City Food & Brewery LTD), Stock Option Agreement (Founders Food & Firkins LTD /Mn), Stock Option Agreement (Founders Food & Firkins LTD /Mn)
Non-Transferability of Options. The Option may Options shall not be soldtransferable, pledgedeither voluntarily or by operation of law, assigned, hypothecated, transferred, or disposed of in any manner other 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 the Optionee, only by the Optionee.
Appears in 5 contracts
Samples: Consulting Agreement (Vital Living Inc), Scientific Advisory Board Agreement (Vital Living Inc), Consulting Agreement (Vital Living Inc)
Non-Transferability of Options. The Except to the extent expressly provided in Section 10(b) above, the Option may not be sold, pledged, assigned, hypothecated, transferred, transferred or disposed of in any manner 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.
Appears in 4 contracts
Samples: Stock Option Agreement (Chase Cheryl A), Stock Option Agreement (Chase Arnold L), Stock Option Agreement (Chase Arnold L)
Non-Transferability of Options. The Option may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner 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.
Appears in 3 contracts
Samples: Non Statutory Stock Option Agreement (Airport Systems International Inc), Non Statutory Stock Option Agreement (Airport Systems International Inc), Non Statutory Stock Option Agreement (Airport Systems International Inc)
Non-Transferability of Options. The An Option may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent or distribution and may be exercised, during the lifetime of the OptioneeParticipant, only by the OptioneeParticipant.
Appears in 3 contracts
Samples: 2004 Equity Incentive Plan (Polycom Inc), Equity Incentive Plan (Polycom Inc), 2004 Equity Incentive Plan (Polycom Inc)
Non-Transferability of Options. The An Option may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner 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.
Appears in 2 contracts
Samples: Annual Report, Nonqualified Stock Option Agreement (First Horizon Pharmaceutical Corp)
Non-Transferability of Options. The Option may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner manner, whether voluntarily or involuntarily, other than by will or by the laws of descent or distribution and may be exerciseddistribution, during the lifetime or as otherwise provided under Section 18.4 of the Optionee, only by the OptioneePlan.
Appears in 2 contracts
Samples: Non Statutory Stock Option Agreement (Patterson Companies, Inc.), Non Statutory Stock Option Agreement (Patterson Companies, Inc.)
Non-Transferability of Options. The Option Options may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner 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.
Appears in 2 contracts
Samples: 1994 Stock Option Plan (Seagate Technology Inc), Stock Option Plan (Seagate Technology Inc)
Non-Transferability of Options. The Option may Options shall not be soldtransferable, pledgedeither voluntarily or by operations of law, assigned, hypothecated, transferred, or disposed of in any manner other 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 the Optionee, only by the Optionee.
Appears in 2 contracts
Samples: Stock Option Agreement (Optimumcare Corp /De/), Stock Option Agreement (Optimumcare Corp /De/)
Non-Transferability of Options. The Option may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent or distribution and may be exercised, during the lifetime of the OptioneeOption Holder, only by the OptioneeOption Holder.
Appears in 1 contract
Samples: Directors' Option Adjustment Plan (Vital Images Inc)
Non-Transferability of Options. The Option may not be sold, pledged, ------------------------------ assigned, hypothecated, transferred, or disposed of in any manner 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.
Appears in 1 contract
Non-Transferability of Options. The Option may not be sold, pledged, assigned, hypothecated, transferred, transferred or disposed of in any manner 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.
Appears in 1 contract
Samples: Director Stock Option Agreement (First International Bancorp Inc)
