Nontransferability of Options. The Options shall not be transferable, either voluntarily or by operation of law, except as provided in Section 12.3 of the Plan.
Appears in 5 contracts
Samples: Non Statutory Stock Option Agreement (Magnum Hunter Resources Corp), Non Statutory Stock Option Agreement (Magnum Hunter Resources Corp), Non Statutory Stock Option Agreement (Magnum Hunter Resources Corp)
Nontransferability of Options. The Options shall not be transferabletransferable or assignable, either voluntarily or by operation of law, except as provided in Section 12.3 of the Plan.
Appears in 2 contracts
Samples: Non Statutory Stock Option Agreement (Petro Resources Corp), Non Statutory Stock Option Agreement (Petro Resources Corp)