Nontransferability of Options. No Option shall be transferable by the Optionee otherwise than by will or the laws of descent and distribution.
Appears in 8 contracts
Samples: Stock Option Agreement (Crawford & Co), Stock Option Agreement (Crawford & Co), Stock Option Agreement (Crawford & Co)
Nontransferability of Options. No Option shall be The Options are not transferable by the Optionee otherwise other than by will or the applicable laws of descent and distributiondistribution and are exercisable during the Optionee’s lifetime only by the Optionee.
Appears in 2 contracts
Samples: Senior Executive Stock Option Award (LPL Investment Holdings Inc.), Senior Management Stock Option Award (LPL Investment Holdings Inc.)
