Non-Transferrable. Except as otherwise provided in the Plan or in ----------------- this Agreement, the option herein granted and the rights and privileges conferred hereby will not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise). Upon any attempt to transfer, assign, pledge, hypothecate or otherwise dispose of this option, or of any right or upon any attempted sale under any execution, attachment or similar process upon the rights and privileges conferred hereby, this option will immediately become null and void.
Appears in 7 contracts
Samples: Stock Option Agreement (Inchorus Com), Stock Option Agreement (Nettaxi Inc), Stock Option Agreement (DCH Technology Inc)
Non-Transferrable. Except as otherwise provided in the Plan or in ----------------- this Agreement, the option herein granted and the rights and privileges conferred hereby will not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise). Upon any attempt to transfer, assign, pledge, hypothecate or otherwise dispose of this option, or of any right or upon any attempted sale under any execution, attachment or similar process upon the rights and privileges conferred hereby, this option will immediately become null and void.
Appears in 2 contracts
Samples: Stock Option Agreement (Human Biosystems Inc), Stock Option Agreement (Human Biosystems Inc)
Non-Transferrable. Except as otherwise provided in the Plan or in this ----------------- this Agreement, the option herein granted and the rights and privileges conferred hereby will not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise). Upon any attempt to transfer, assign, pledge, hypothecate or otherwise dispose of this option, or of any right or upon any attempted sale under any execution, attachment or similar process upon the rights and privileges conferred hereby, this option will immediately become null and void.
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