Common use of Non-Transferability of the Option Clause in Contracts

Non-Transferability of the Option. During the Vesting Period and until such time as the Option is ultimately exercised as provided herein or on the website of the Plan Administrator, the Option shall not be transferable by the Eligible Individual by means of sale, assignment, exchange, encumbrance, pledge, hedge or otherwise.

Appears in 6 contracts

Samples: Option Agreement (TripAdvisor, Inc.), Option Agreement (TripAdvisor, Inc.), Option Agreement (TripAdvisor, Inc.)

AutoNDA by SimpleDocs

Non-Transferability of the Option. During the Vesting Period and until such time as the Option is ultimately exercised as provided herein or on the website of the Plan Administrator, the Option shall not be transferable by the Eligible Individual by means of sale, assignment, exchange, encumbrance, pledge, hedge or otherwise.

Appears in 4 contracts

Samples: Option Agreement (TripAdvisor, Inc.), Option Agreement (TripAdvisor, Inc.), Option Agreement (TripAdvisor, Inc.)

AutoNDA by SimpleDocs

Non-Transferability of the Option. During the Vesting Period and until such time as the Option is ultimately exercised as provided herein or on the website of the Plan Administrator, the Option shall not be transferable by the Eligible Individual by means of sale, assignment, exchange, encumbrance, pledge, hedge or otherwise.

Appears in 3 contracts

Samples: Option Agreement (TripAdvisor, Inc.), Option Agreement (TripAdvisor, Inc.), Option Agreement (TripAdvisor, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!