Non-Transferable. The Option shall not be transferable or assignable by Optionee other than by will or the laws of descent and distribution, and the Option may be exercised during the lifetime of Optionee solely by Optionee. Subject to the foregoing, all transfers or assignments or attempted transfers or assignments of the Option or this Agreement shall be void ab initio.
Appears in 9 contracts
Samples: Non Qualified Stock Option Agreement (Pet DRx CORP), Nonincentive Stock Option Agreement (Pet DRx CORP), Nonincentive Stock Option Agreement (Omnis Technology Corp)
Non-Transferable. The This Option shall may not be transferable or assignable transferred by Optionee other than by will or the laws of descent and distribution, and the . During Optionee's lifetime this Option may shall be exercised during the lifetime of Optionee solely exercisable only by Optionee. Subject to the foregoing, all transfers or assignments or attempted transfers or assignments of the Option or this Agreement shall be void ab initio.
Appears in 5 contracts
Samples: Non Transferable Stock Option Agreement (Chartwell International Inc), Non Transferable Stock Option Agreement (Chartwell International Inc), Non Transferable Stock Option Agreement (Chartwell International Inc)
Non-Transferable. The Option These Options shall not be transferable or assignable by the Optionee other than by will or the laws of descent and distribution, and the Option may Options shall be exercised exercisable, during the lifetime of Optionee solely Optionee’s lifetime, only by the Optionee. Subject to the foregoing, all transfers or assignments or attempted transfers or assignments of the Option or this Agreement shall be void ab initio.
Appears in 5 contracts
Samples: Stock Option Agreement (Amarin Corp Plc\uk), Stock Option Agreement (Amarin Corp Plc\uk), Incentive Stock Option Agreement (Amarin Corp Plc\uk)
Non-Transferable. The This Option shall not be transferable or assignable by the Optionee other than by will or the laws of descent and distribution, and the Option may shall be exercised exercisable, during the lifetime of Optionee solely Optionee’s lifetime, only by the Optionee. Subject to the foregoing, all transfers or assignments or attempted transfers or assignments of the Option or this Agreement shall be void ab initio.
Appears in 2 contracts
Samples: Employment Agreement (Amarin Corp Plc\uk), Employment Agreement (Amarin Corp Plc\uk)
