Common use of Non-Transferability of Options Clause in Contracts

Non-Transferability of Options. Unless otherwise provided by the Committee in its discretion, Options may not be sold, assigned, alienated, transferred, pledged, attached or otherwise encumbered except as provided in Section 9(a) of the Plan. Any purported sale, assignment, alienation, transfer, pledge, attachment or other encumbrance of an Option in violation of the provisions of this Section 6 and Section 9(a) of the Plan shall be void.

Non-Transferability of Options. Unless Except to the extent otherwise provided determined by the Committee in its discretionCommittee, Options may not be sold, assigned, alienated, alienated transferred, pledged, attached or otherwise encumbered except as provided in Section 9(a) 17 of the Plan. Any purported or attempted sale, assignment, alienation, transfer, pledge, attachment or other encumbrance of an Option in violation of the provisions of this Section 6 8 and Section 9(a) 17 of the Plan shall be voidnull and void and without effect.

Non-Transferability of Options. Unless otherwise provided by the Committee in its discretion, Options may not be sold, assigned, alienated, transferred, pledged, attached or otherwise encumbered except as provided in Section 9(a9(c) of the Plan. Any purported sale, assignment, alienation, transfer, pledge, attachment or other encumbrance of an Option in violation of the provisions of this Section 6 and Section 9(a9(c) of the Plan shall be void.

Non-Transferability of Options. Unless otherwise provided by the Committee Board in its discretion, Options may not be sold, assigned, alienated, transferred, pledged, attached or otherwise encumbered except as provided in Section 9(a8(a) of the Plan. Any purported sale, assignment, alienation, transfer, pledge, attachment or other encumbrance of an Option in violation of the provisions of this Section 6 8 and Section 9(a8(a) of the Plan shall be void.