Non-Transferable. Except as specifically authorized by the Committee, the Participant may not transfer the Options except by will or the laws of descent and distribution and the Options shall be exercisable during the Participant’s lifetime only by the Participant or, in the event of the Participant’s legal incapacity, his guardian or legal representative. Except as so authorized, no purported assignment or transfer of the Options, or of the rights represented thereby, whether voluntary or involuntary, by operation of law or otherwise (except by will or the laws of descent and distribution), shall vest in the assignee or transferee any interest or right herein whatsoever.
Appears in 32 contracts
Samples: Nonqualified Stock Option Agreement (Neustar Inc), Incentive Stock Option Agreement (Neustar Inc), Nonqualified Stock Option Agreement (Neustar Inc)
Non-Transferable. Except as specifically authorized by the Committee, the Participant may not transfer the Options except by will or the laws of descent and distribution and the Options shall be exercisable during the Participant’s 's lifetime only by the Participant or, in the event of the Participant’s legal his incapacity, his guardian or legal representative. Except as so authorized, no purported assignment or transfer of the Options, or of the rights represented thereby, whether voluntary or involuntary, by operation of law or otherwise (except by will or the laws of descent and distribution), shall vest in the assignee or transferee any interest or right herein whatsoever.
Appears in 7 contracts
Samples: Executive Stock Option Agreement (Wright Medical Group Inc), Non Employee Director Stock Option Agreement (Wright Medical Group Inc), Incentive Stock Option Agreement (Wright Medical Group Inc)
Non-Transferable. Except as specifically authorized by the Committee, the Participant may not transfer the Options except by will or the laws of descent and distribution and the Options shall be exercisable during the Participant’s lifetime only by the Participant or, in the event of the Participant’s legal his or her incapacity, his or her guardian or legal representative. Except as so authorized, no purported assignment or transfer of the Options, or of the rights represented thereby, whether voluntary or involuntary, by operation of law or otherwise (except by will or the laws of descent and distribution), shall vest in the assignee or transferee any interest or right herein whatsoever.
Appears in 2 contracts
Samples: Non Employee Director Stock Option Agreement (Wright Medical Group Inc), Non Employee Director Stock Option Agreement (Wright Medical Group Inc)
Non-Transferable. Except as specifically authorized by the Committee, the Participant may not transfer the Options except by will or the laws of descent and distribution and the Options shall be exercisable during the Participant’s 's lifetime only by the Participant or, in the event of the Participant’s legal incapacity, or his guardian or legal representative. Except as so authorized, no purported assignment or transfer of the Options, or of the rights represented thereby, whether voluntary or involuntary, by operation of law or otherwise (except by will or the laws of descent and distribution), shall vest in the assignee or transferee any interest or right herein whatsoever.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (American Medical Systems Holdings Inc), Incentive Stock Option Agreement (American Medical Systems Holdings Inc)
Non-Transferable. Except as specifically authorized by the CommitteeBoard, the Participant may not transfer the Options except by will or the laws of descent and distribution and the Options shall be exercisable during the Participant’s 's lifetime only by the Participant or, in the event of the Participant’s legal incapacity, or his guardian or legal representative. Except as so authorized, no purported assignment or transfer of the Options, or of the rights represented thereby, whether voluntary or involuntary, by operation of law or otherwise (except by will or the laws of descent and distribution), shall vest in the assignee or transferee any interest or right herein whatsoever.
Appears in 1 contract
Samples: Stock Option Agreement (American Medical Systems Holdings Inc)
Non-Transferable. Except as specifically authorized by the Committee, the Participant may not transfer the Options except by will or the laws of descent and distribution and the Options shall be exercisable during the Participant’s lifetime only by the Participant or, in the event of the Participant’s legal his incapacity, his guardian or legal representative. Except as so authorized, no purported assignment or transfer of the Options, or of the rights represented thereby, whether voluntary or involuntary, by operation of law or otherwise (except by will or the laws of descent and distribution), shall vest in the assignee or transferee any interest or right herein whatsoever.
Appears in 1 contract
Samples: Executive Stock Option Agreement (Wright Medical Group Inc)
