Non-Transferability. Neither the option hereby granted nor any rights thereunder or under this Agreement may be assigned, transferred or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, shall be void and of no effect. The option may be exercised during Optionee's lifetime only by him.
Appears in 28 contracts
Samples: Employment Agreement (Valley National Gases Inc), Employment Agreement (Valley National Gases Inc), Nonqualified Stock Option Agreement (Carden William J)
Non-Transferability. Neither the option hereby granted nor any rights thereunder or under this Agreement may be assigned, transferred or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, shall be void and of no effect. The option may be exercised during Optionee's ’s lifetime only by himOptionee or his or her guardian or legal representative.
Appears in 16 contracts
Samples: Employee Nonqualified Stock Option Agreement (Saia Inc), Employee Nonqualified Stock Option Agreement (Saia Inc), Stock Option Agreement (Saia Inc)
Non-Transferability. Neither the option hereby granted nor any rights thereunder or under this Agreement may be assigned, transferred or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, shall be void and of no effect. The option may be exercised during Optionee's ’s lifetime only by him.
Appears in 9 contracts
Samples: Incentive Stock Option Agreement (Stereotaxis, Inc.), Incentive Stock Option Agreement (Stereotaxis, Inc.), Incentive Stock Option Agreement (Stereotaxis, Inc.)
Non-Transferability. Neither the option hereby granted nor any rights thereunder or under this Agreement may be assigned, transferred or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, shall be void and of no effect. The option may be exercised during Optionee's lifetime only by himOptionee or his or her guardian or legal representative.
Appears in 8 contracts
Samples: Incentive Stock Option Agreement (Build a Bear Workshop Inc), Incentive Stock Option Agreement (Build a Bear Workshop Inc), Employee Nonqualified Stock Option Agreement (Build a Bear Workshop Inc)
Non-Transferability. Neither the option hereby granted nor any rights thereunder or under this Agreement may be assigned, transferred or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, shall be void and of no effect. The option may be exercised during Optionee's lifetime only by himOptionee or his guardian or legal representative as set forth herein.
Appears in 7 contracts
Samples: Non Qualified Stock Option Agreement (Travelzoo), Non Qualified Stock Option Agreement (Travelzoo), Non Qualified Stock Option Agreement (Travelzoo)
Non-Transferability. Neither the option hereby granted nor any rights thereunder or under this Agreement may be assigned, transferred or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, shall be void and of no effect. The option may be exercised during Optionee's lifetime only by himOptionee or his guardian or legal representative.
Appears in 3 contracts
Samples: Nonqualified Stock Option Agreement (Travelzoo Inc), Nonqualified Stock Option Agreement (Travelzoo Inc), Employment Agreement (Travelzoo Inc)
Non-Transferability. Neither the option hereby granted nor any rights thereunder or under this Agreement may be assigned, transferred or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorizedencumbrance, shall be void and of no effect. The option hereby granted may be exercised exercised, during the lifetime of Optionee's lifetime , only by himbe Optionee.
Appears in 3 contracts
Samples: Employment Agreement (JPS Packaging Co), Employment Agreement (JPS Packaging Co), Incentive Stock Option Agreement (Sealright Company Inc)
Non-Transferability. Neither the option Option hereby granted nor any rights thereunder or under this Agreement may be assigned, transferred or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, shall be void and of no effect. The option Option may be exercised during Optionee's ’s lifetime only by himOptionee or his guardian or legal representative.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Orchids Paper Products CO /DE), Incentive Stock Option Agreement (Orchids Paper Products CO /DE)
Non-Transferability. Neither the option hereby granted nor any rights thereunder or under this Agreement may be assigned, transferred or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, shall be void and of no effect. The option may be exercised during Optionee's ’s lifetime only by himOptionee or his guardian or legal representative.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Travelzoo Inc), Nonqualified Stock Option Agreement (Travelzoo Inc)
Non-Transferability. Neither the option hereby granted nor any rights thereunder or under this Agreement may be assigned, transferred or in any manner encumbered except (i) upon the prior written consent of the Company or (ii) by will or the laws of descent and distribution, and any . Any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, shall be void and of no effect. The option may be exercised during Optionee's lifetime only by him.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Travelzoo Inc), Nonqualified Stock Option Agreement (Travelzoo Inc)
Non-Transferability. Neither the option hereby Options granted pursuant to the terms of this Agreement nor any rights thereunder or under this Agreement hereunder may be assigned, transferred or in any manner encumbered by the Optionee except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, shall be void and of no effect. The option Option may be exercised during Optionee's ’s lifetime only by himOptionee or Optionee’s guardian or legal representative.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Endostim, Inc.), Incentive Stock Option Agreement (Endostim, Inc.)
Non-Transferability. Neither the option hereby granted nor any rights thereunder or under this Agreement may be assigned, transferred or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, shall be void and of no effect. The option may be exercised during Optionee's lifetime only by himOptionee.
Appears in 2 contracts
Samples: Stock Option Agreement (Talx Corp), Incentive Stock Option Agreement (Talx Corp)
Non-Transferability. Neither the option Option hereby granted nor any rights thereunder or under this Agreement may be assigned, transferred transferred, mortgaged, pledged or encumbered in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, shall be void and of no effect. The option Option hereby granted may be exercised during Optionee's ’s lifetime only by himOptionee.
Appears in 1 contract
Non-Transferability. Neither the option hereby granted nor ------------------- any rights thereunder or under this Agreement may be assigned, transferred or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, shall be void and of no effect. The option may be exercised during Optionee's lifetime only by him.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Nooney Realty Trust Inc)
Non-Transferability. Neither the option hereby granted nor any rights thereunder or under this Agreement may be assigned, transferred or in any manner encumbered except upon the prior written consent of the Company or by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, shall be void and of no effect. The option may be exercised during Optionee's lifetime only by himOptionee or her guardian or legal representative as set forth herein.
Appears in 1 contract
Non-Transferability. Neither the option hereby granted nor any ------------------- rights thereunder or under this Agreement may be assigned, transferred or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, shall be void and of no effect. The option may be exercised during Optionee's lifetime only by him.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Nooney Realty Trust Inc)
Non-Transferability. Neither the option hereby granted nor any rights thereunder or under this Agreement may be assigned, transferred or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, shall be void and of no effect. The option may be exercised during Optionee's lifetime only by himOptionee or her guardian or legal representative as set forth herein.
Appears in 1 contract
Non-Transferability. Neither the option Option hereby granted nor any rights thereunder or under this Agreement may be assigned, transferred or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, shall be void and of no effect. The option Option hereby granted may be exercised during Optionee's ’s lifetime only by himOptionee.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Nuvox Inc /De/)
Non-Transferability. Neither the option hereby granted nor any rights thereunder or under this Agreement may be assigned, transferred or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, shall be void and of no effect. The option may be exercised during Optionee's ’s lifetime only by himOptionee.
Appears in 1 contract
Non-Transferability. Neither This option and the option hereby granted nor any Optionee's rights thereunder or under this Agreement may not be assigned, transferred or assigned in any manner encumbered except by the Optionee other than by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge purported transfer or encumbrance except as herein authorized, assignment by the Optionee (other than by will or the laws of descent and distribution) shall be void and of no effectvoid. The This option may be exercised during Optionee's lifetime only by himthe Optionee during his lifetime.
Appears in 1 contract
Non-Transferability. Neither the option hereby granted nor any rights thereunder or under this Agreement may be assigned, transferred or in any manner encumbered except by will or the laws of descent and distribution, and any attempted assignment, transfer, mortgage, pledge or encumbrance except as herein authorized, shall be void and of no effect. The option may be exercised during Optionee's lifetime only by him.
Appears in 1 contract
