Nontransferability of Option. This Option may not be transferred in any manner other than by will or by the laws of descent and distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of this Option shall be binding upon the executors, administrators, successors and assigns of Optionee.
Appears in 31 contracts
Samples: Non Plan Stock Option Agreement, Non Plan Stock Option Agreement (Loxo Oncology, Inc.), Stock Option Agreement (Green Dot Corp)
Nontransferability of Option. This Option may shall not be transferred in any manner assignable or transferable other than by will or by the laws of descent and distribution and may shall be exercised during the lifetime of Optionee exercisable only by Optionee. The terms of this Option shall be binding upon the executors, administrators, successors and assigns of OptioneeOptionee during his lifetime.
Appears in 31 contracts
Samples: Stock Option Agreement (Highwaymaster Communications Inc), Stock Option Agreement (Highwaymaster Communications Inc), Stock Option Agreement (Highwaymaster Communications Inc)
Nontransferability of Option. This Option may is not be transferred in any manner transferable by the Optionee other than by will or by the applicable laws of descent and distribution distribution, and may be exercised is exercisable during the Optionee’s lifetime of Optionee only by Optionee. The terms of this Option shall be binding upon the executors, administrators, successors and assigns of Optionee.
Appears in 23 contracts
Samples: Non Qualified Stock Option Agreement (CC Media Holdings Inc), Employment Agreement (CC Media Holdings Inc), Non Qualified Stock Option Agreement (CC Media Holdings Inc)
Nontransferability of Option. This Option may shall not be transferred in any manner transferable by the Optionee other than by will or by the laws of descent and distribution distribution, and may be exercised during the lifetime of Optionee only by the Optionee. The terms of , this Option shall be binding upon exercisable only by the executors, administrators, successors and assigns of Optionee.
Appears in 23 contracts
Samples: Stock Option Agreement (Bridgewater Bancshares Inc), Stock Option Agreement (Bridgewater Bancshares Inc), Stock Option Agreement (Bridgewater Bancshares Inc)
Nontransferability of Option. This Option may option shall not be transferred in any manner transferable by the Optionee, other than by will or by the laws of descent and distribution and may be exercised during distribution. During the lifetime of Optionee the Optionee, this option shall be exercisable only by Optionee. The terms of this Option shall be binding upon the executors, administrators, successors and assigns of Optionee.
Appears in 13 contracts
Samples: Non Incentive Stock Option Agreement (Rimage Corp), Non Incentive Stock Option Agreement (Rimage Corp), Incentive Stock Option Agreement (Rimage Corp)
Nontransferability of Option. This The Option may shall not be transferred in any manner transferable by Optionee, other than by will or by the laws of descent and distribution and may be exercised during distribution. During the lifetime of Optionee Optionee, the Option shall be exercisable only by Optionee. The terms of this Option shall be binding upon the executors, administrators, successors and assigns of Optionee.
Appears in 7 contracts
Samples: Stock Option Agreement (Qumu Corp), Stock Option Agreement (Qumu Corp), Stock Option Agreement (Rimage Corp)
Nontransferability of Option. This Option may shall not be transferred in any manner other transferable by the Optionee otherwise than by will or by the laws of descent or distribution, and distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of this Option shall be binding upon exercisable during the executors, administrators, successors and assigns of Optionee’s lifetime only by him or her.
Appears in 6 contracts
Samples: Stock Option Agreement (Solomon Technologies Inc), Stock Option Agreement (Solomon Technologies Inc), Stock Option Agreement (Solomon Technologies Inc)
Nontransferability of Option. This The Option may shall not be transferred in any manner transferable other than by will or by the laws of descent and or distribution and may shall be exercised exercisable, during the lifetime of Optionee Optionee's lifetime, only by Optionee. The terms of this Option shall be binding upon the executors, administrators, successors and assigns of Optionee.
Appears in 5 contracts
Samples: Non Qualified Stock Option Grant Agreement (Veru Inc.), Non Qualified Stock Option Grant Agreement (Veru Inc.), Non Qualified Stock Option Grant Agreement (Veru Inc.)
Nontransferability of Option. This Option may shall not be transferred in any manner assignable or transferable other than by will or by the laws of descent and distribution and may shall be exercised exercisable during the Optionee's lifetime of Optionee only by Optionee. The terms of this Option shall be binding upon the executors, administrators, successors and assigns of Optionee.
Appears in 4 contracts
Samples: Incentive Stock Option Agreement (Clark Inc), Stock Option Agreement (Clark Inc), Stock Option Agreement (Millers Mutual Fire Insurance Co)
Nontransferability of Option. This The Option may shall not be transferred in any manner transferable or assignable by the Optionee, other than by will or by the laws of descent and distribution distribution, and may shall be exercised exercisable during the Optionee's lifetime of Optionee only by Optionee. The terms of this Option shall be binding upon the executors, administrators, successors and assigns of Optionee.
Appears in 3 contracts
Samples: Incentive Option Agreement (Terra Nova Financial Group Inc), Incentive Stock Option Agreement (American Healthchoice Inc /Ny/), Incentive Stock Option Agreement (Voip Inc)
Nontransferability of Option. This The Option may is not be transferred in any manner other than assignable or transferable except by will or by the applicable laws of descent and distribution and may be exercised distribution. The Option is exercisable during the Optionee’s lifetime of Optionee only by Optionee. The terms of this Option shall be binding upon the executors, administrators, successors and assigns of Optionee.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Total Gas & Electricity (PA) Inc), Incentive Stock Option Agreement (Total Gas & Electricity (PA) Inc)
Nontransferability of Option. This The Option may shall not be transferred in any manner transferable other than by will or by the laws of descent and or distribution and may shall be exercised exercisable, during the lifetime of Optionee Optionee’s lifetime, only by Optionee. The terms of this Option shall be binding upon the executors, administrators, successors and assigns of Optionee.
Appears in 2 contracts
Samples: Non Qualified Stock Option Grant Agreement (Veru Inc.), Stock Option Agreement (Merchants & Manufacturers Bancorporation Inc)
Nontransferability of Option. This Option may option shall not be transferred in any manner other transferable by the Optionee otherwise than by will or by the laws of descent or distribution, and distribution and may this option shall be exercised exercisable during the Optionee’s lifetime of Optionee only by Optionee. The terms of this Option shall be binding upon the executors, administrators, successors and assigns of Optioneehim.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Primo Water Corp), Nonqualified Stock Option Agreement (Primo Water Corp)
Nontransferability of Option. This The Option may shall not be transferred in any manner transferable or assignable by the Optionee, other than by will or by the laws of descent and distribution distribution, and may shall be exercised exercisable during the Optionee’s lifetime of Optionee only by Optionee. The terms of this Option shall be binding upon the executors, administrators, successors and assigns of Optionee.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Inyx Inc), Non Qualified Stock Option Agreement (Inyx Inc)
Nontransferability of Option. This Option may shall not be transferred in any manner assignable or transferable other than by will or by the laws of descent and distribution and may shall be exercised exercisable during the Optionee’s lifetime of Optionee only by Optionee. The terms of this Option shall be binding upon the executors, administrators, successors and assigns of Optionee.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Clark Inc), Non Qualified Stock Option Agreement (Clark Inc)
Nontransferability of Option. This Option may option shall not be transferred in any manner transferable by the Optionee, other than by will or by the laws of descent and distribution and may be exercised during distribution. During the lifetime of Optionee the Optionee, this option shall be exercisable only by Optionee. The terms of this Option shall be binding upon the executors, administrators, successors and assigns of Optionee.
Appears in 1 contract
Samples: Non Statutory Stock Option Agreement (Vital Images Inc)
