Common use of Nonassignability Clause in Contracts

Nonassignability. The Option shall not be assignable or transferable except by will or by the laws of descent and distribution in the event of the death of the Employee. No transfer of the Option by the Employee by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will and such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Option.

Nonassignability. The Option shall not be assignable or transferable except by will or by the laws of descent and distribution in the event of the death of the EmployeeDirector. No transfer of the Option by the Employee Director by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will and such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Option.

Nonassignability. The Option shall not be assignable or transferable transferable, except by will or by the laws of descent and distribution in the event of the death of the Employee. No transfer of the Option by the Employee by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will and and/or such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Option.

Nonassignability. The Option shall not be assignable or transferable except by will or by the laws of descent and distribution in the event of the death of the EmployeeConsultant. No transfer of the Option by the Employee Consultant by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will and such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Option.

Nonassignability. The Option shall not be assignable or transferable transferable, without the consent of the Company, except by will or by the laws of descent and distribution in the event of the death of the EmployeeOptionee. No transfer of the Option by the Employee Optionee by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will and and/or such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Option.

Nonassignability. The Option shall not be assignable sold, pledged, assigned, hypothecated, transferred or transferable disposed of in any manner, except by will or by the laws of descent and distribution in the event of the death of the Employee. No transfer of the Option by the Employee by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will and and/or such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Option.

Nonassignability. The Option shall not be assignable or transferable transferable, without the consent of the Company, except by will or by the laws of descent and distribution in the event of the death of the EmployeeOptionee. No transfer of the Option by the Employee Optionee by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will and and/or such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Option.

Nonassignability. The Option shall not be assignable or transferable transferable, without the consent of the Company, except by will or by the laws of descent and distribution in the event of the death of the Employee. No transfer of the Option by the Employee by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will and and/or such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Option.

Nonassignability. The Option shall not be assignable or transferable transferable, except by will or by the laws of descent and distribution in the event of the death of the Employee. No transfer of the Option by the Employee by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will and such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Option.

Nonassignability. The Option shall not be assignable or transferable except by will or by the laws of descent and distribution in the event of the death of the EmployeeExecutive. No transfer of the Option by the Employee Executive by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will and such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Option.

Nonassignability. The Option shall not be assignable or transferable transferable, without the consent of the Company, except by will or by the laws of descent and distribution in the event of the death of the EmployeeDirector. No transfer of the Option by the Employee Director by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will and and/or such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Option.

Nonassignability. The Option shall not be assignable sold, pledged, assigned, hypothecated, transferred or transferable disposed of in any manner, except by will or by the laws of descent and distribution in the event of the death of the EmployeeConsultant. No transfer of the Option by the Employee Consultant by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will and and/or such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Option.

Nonassignability. The Option shall not be assignable sold, pledged, assigned, hypothecated, transferred or transferable disposed of in any manner, except by will or by the laws of descent and distribution in the event of the death of the EmployeeDirector. No transfer of the Option by the Employee Director by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will and and/or such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Option.

Nonassignability. The Option shall not be assignable or transferable except to the principals of the Consultant and by will or by the laws of descent and distribution in the event of the death of a holder that is a principal of the EmployeeConsultant. No transfer of the Option by a principal of the Employee Consultant by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will and such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Option.

Nonassignability. The Option shall not be assignable or transferable transferable, except by will or by the laws of descent and distribution in the event of the death of the EmployeeConsultant. No transfer of the Option by the Employee Consultant by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will and and/or such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Option.

Nonassignability. The Option shall not be assignable or transferable except by will or by the laws of descent and distribution in the event of the death of the EmployeeXxxxxx. No transfer of the Option by the Employee Xxxxxx by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will and such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Option.

Nonassignability. The Option shall not be assignable or transferable except by will or by the laws of descent and distribution in the event of the death of the Employee. The Option may be exercised during the Employee’s lifetime only by the Employee. No transfer of the Option by the Employee by will or by the laws of descent and distribution shall be effective to bind the Company Corporation unless the Company Corporation shall have been furnished with written notice thereof and a copy of the will will, if any, and such other evidence as the Company Corporation may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Option.

Nonassignability. The Option shall not be assignable or transferable transferable, except by will or by the laws of descent and distribution in the event of the death of the EmployeeOptionee. No transfer of the Option by the Employee Optionee by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will and and/or such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of 3 the Option.

Nonassignability. The Option shall not be assignable or transferable transferable, except by will or by the laws of descent and 3 distribution in the event of the death of the EmployeeOptionee. No transfer of the Option by the Employee Optionee by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will and and/or such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Option.

Nonassignability. The Option shall not be assignable or transferable except by will or by the laws of descent and distribution in the event of the death of the EmployeeOptionee, or as otherwise permitted by the Plan. The Option may be exercised during the Optionee’s lifetime only by the Optionee. No transfer of the Option by the Employee Optionee by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will will, if any, and such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Option.

Nonassignability. The Option shall not be assignable or transferable except by will or by the laws of descent and distribution in the event of the death of the Employee. The Option may be exercised during the Employee’s lifetime only by the Employee. No transfer of the Option by the Employee by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will will, if any, and such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Option.

Nonassignability. The Option shall not be assignable or transferable transferable, without the consent of Employer, except by will or by the laws of descent and distribution in the event of the death of the EmployeeExecutive. No transfer of the Option by the Employee Executive by will or by the laws of descent and distribution shall be effective to bind the Company Employer unless the Company Employer shall have been furnished with written notice thereof and a copy of the will and and/or such other evidence as the Company Employer may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Option.

Nonassignability. The Option shall not be assignable or transferable except by will or by the laws of descent and distribution in the event of the death of the Employee. No transfer of the Option by the Employee by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will and such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Option.

Nonassignability. The Option shall not be assignable sold, pledged, assigned, hypothecated, transferred or transferable disposed of in any manner, except by will or by the laws of descent and distribution in the event of the death of the EmployeeExecutive. No transfer of the Option by the Employee Executive by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will and and/or such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Option.

Nonassignability. The Option shall not be assignable or transferable transferable, without the consent of Company, except by will or by the laws of descent and distribution in the event of the death of the EmployeeHolder. No transfer of the Option by the Employee Holder by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will and and/or such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Option.