NONTRANSFERABILITY OF THE OPTION. The Option may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 7, may be exercised by the Optionee's legal representative or by any person empowered to do so under the deceased Optionee's will or under the then applicable laws of descent and distribution.
Appears in 69 contracts
Samples: Stock Option Agreement (P F Changs China Bistro Inc), Stock Option Agreement (Composite Technology Corp), Option Agreement (Finisar Corp)
NONTRANSFERABILITY OF THE OPTION. The Option may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's ’s guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 7, may be exercised by the Optionee's ’s legal representative or by any person empowered to do so under the deceased Optionee's ’s will or under the then applicable laws of descent and distribution.
Appears in 35 contracts
Samples: Stock Option Agreement (Emulate Therapeutics, Inc.), Executive Employment Agreement (Ambrx Inc), Securities Agreement (Pacific DataVision, Inc.)
NONTRANSFERABILITY OF THE OPTION. The Option may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 76, may be exercised by the Optionee's legal representative or by any person empowered to do so under the deceased Optionee's will or under the then applicable laws of descent and distribution.
Appears in 5 contracts
Samples: Stock Option Agreement (Extreme Networks Inc), Stock Option Agreement (Extreme Networks Inc), Stock Option Agreement (Extreme Networks Inc)
NONTRANSFERABILITY OF THE OPTION. The Option may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's ’s guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 76, may be exercised by the Optionee's ’s legal representative or by any person empowered to do so under the deceased Optionee's ’s will or under the then applicable laws of descent and distribution.
Appears in 5 contracts
Samples: Stock Option Grant Agreement (Interwoven Inc), Stock Option Agreement (Verisign Inc/Ca), Nonstatutory Stock Option Agreement (Maxtor Corp)
NONTRANSFERABILITY OF THE OPTION. The Option may be exercised during -------------------------------- the lifetime of the Optionee only by the Optionee or the Optionee's guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 7, may be exercised by the Optionee's legal representative or by any person empowered to do so under the deceased Optionee's will or under the then applicable laws of descent and distribution.
Appears in 4 contracts
Samples: Incentive Stock Option Agreement (Krause L William), Incentive Stock Option Agreement (Pumatech Inc), Incentive Stock Option Agreement (Krause L William)
NONTRANSFERABILITY OF THE OPTION. The Option may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's ’s guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 76 of the Director Plan, may be exercised by the Optionee's ’s legal representative or by any person empowered to do so under the deceased Optionee's ’s will or under the then applicable laws of descent and distribution.
Appears in 3 contracts
Samples: Nonstatutory Stock Option Agreement (Kaydon Corp), Nonstatutory Stock Option Agreement (Kaydon Corp), Nonstatutory Stock Option Agreement (Kaydon Corp)
NONTRANSFERABILITY OF THE OPTION. The Option may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's ’s guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 7, may be exercised by the Optionee's ’s legal representative or by any person Person empowered to do so under the deceased Optionee's ’s will or under the then applicable laws of descent and distribution.
Appears in 3 contracts
Samples: Stock Option Agreement (PDL Biopharma, Inc.), Stock Option Agreement (Nonstatutory) (PDL Biopharma, Inc.), Stock Option Agreement (PDL Biopharma, Inc.)
NONTRANSFERABILITY OF THE OPTION. The Option may be exercised -------------------------------- during the lifetime of the Optionee only by the Optionee or the Optionee's guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 7, may be exercised by the Optionee's legal representative or by any person empowered to do so under the deceased Optionee's will or under the then applicable laws of descent and distribution.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Pumatech Inc), Nonstatutory Stock Option Agreement (Pumatech Inc)
NONTRANSFERABILITY OF THE OPTION. The Option may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 7, may be so exercised by the Optionee's legal representative or by any person empowered to do so under the deceased Optionee's will or under the then applicable laws of descent and distribution.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Ontro Inc), Incentive Stock Option Agreement (Ontro Inc)
NONTRANSFERABILITY OF THE OPTION. The Option may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 7, may be exercised by the Optionee's legal representative or by any person Person empowered to do so under the deceased Optionee's will or under the then applicable laws of descent and distribution.
Appears in 2 contracts
Samples: Stock Option Agreement (Protein Design Labs Inc/De), Stock Option Agreement (Protein Design Labs Inc/De)
NONTRANSFERABILITY OF THE OPTION. The Option may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's ’s guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, Option (to the extent provided exercisable in accordance with Section 7, 4.1 and Section 6) may be exercised by the Optionee's ’s legal representative or by any person empowered to do so under the deceased Optionee's ’s will or under the then applicable laws of descent and distribution.
Appears in 1 contract
NONTRANSFERABILITY OF THE OPTION. The Option may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 7the Plan, may be exercised by the Optionee's legal representative or by any person empowered to do so under the deceased Optionee's will or under the then applicable laws of descent and distribution.
Appears in 1 contract
NONTRANSFERABILITY OF THE OPTION. The Option may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 7, may be exercised by the Optionee's legal representative or by any person empowered to do so under the deceased Optionee's will or under the then applicable laws of descent and distribution.the
Appears in 1 contract
Samples: Nonstatutory Stock Option Agreement (Starbase Corp)
NONTRANSFERABILITY OF THE OPTION. The Option may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 7, may be exercised by the Optionee's Optionee"s legal representative or by any person empowered to do so under the deceased Optionee's will or under the then applicable laws of descent and distribution.
Appears in 1 contract
Samples: Stock Option Agreement (Telect Inc)
NONTRANSFERABILITY OF THE OPTION. The Option may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's guardian or legal representative and may not be assigned sold, pledged, assigned, hypothecated, transferred, or transferred disposed of in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 7, may be exercised by the Optionee's legal representative or by any person empowered to do so under the deceased Optionee's will or under the then applicable laws of descent and distribution.
Appears in 1 contract
NONTRANSFERABILITY OF THE OPTION. The Option may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 7, may be so exercised by the Optionee's legal representative or by any person empowered to do so under the deceased Optionee's will or under the then applicable laws of descent and distribution.
Appears in 1 contract
Samples: Stock Option Agreement (Ontro Inc)
NONTRANSFERABILITY OF THE OPTION. The Option may be exercised during the lifetime of the Optionee only the by the Optionee or the Optionee's ’s guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 7, D.2 may be exercised by the Optionee's ’s legal representative or by any person empowered to do so under the deceased Optionee's ’s will or under the then applicable laws of descent and distribution.
Appears in 1 contract
NONTRANSFERABILITY OF THE OPTION. The Option may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's ’s guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distributionmanner. Following the death of the Optionee, the Option, to the extent provided in Section 7, may be exercised by the Optionee's legal representative or by any person empowered to do so under the deceased Optionee's will or under the then applicable laws of descent and distribution’s personal representative.
Appears in 1 contract
NONTRANSFERABILITY OF THE OPTION. The Option may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 7, Option may be exercised by the Optionee's legal representative or by any person empowered to do so under the deceased Optionee's will or under the then applicable laws of descent and distribution.
Appears in 1 contract
Samples: Securities Purchase Agreement (Halozyme Therapeutics Inc)
NONTRANSFERABILITY OF THE OPTION. The Option may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's ’s guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 7, may be exercised by the Optionee's ’s legal representative or by any person empowered to do so under the deceased Optionee's ’s will or under the then applicable laws of descent and distribution.. 4
Appears in 1 contract
Samples: Stock Option Agreement (Zones Inc)
NONTRANSFERABILITY OF THE OPTION. The Option may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's guardian or legal representative and may be not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 7G, may be exercised by the Optionee's legal representative or by any person empowered to do so under the deceased Optionee's will or under the then applicable laws of descent and distribution.
Appears in 1 contract
NONTRANSFERABILITY OF THE OPTION. The Option may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 7, may be exercised by the Optionee's legal representative or by any person empowered to do so under the deceased Optionee's will or under the then applicable laws of descent and distribution.in
Appears in 1 contract
Samples: Non Statutory Stock Option Agreement (Eco Soil Systems Inc)
NONTRANSFERABILITY OF THE OPTION. The Option may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 7, may be exercised by (Exhibit A) the Optionee's legal representative or by any person empowered to do so under the deceased Optionee's will or under the then applicable laws of descent and distribution.
Appears in 1 contract
NONTRANSFERABILITY OF THE OPTION. The Option may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 7, may be exercised by the Optionee's legal representative or by any person empowered to do so under the deceased Optionee's will or under the then applicable laws of descent and distribution.empowered
Appears in 1 contract
Samples: Nonstatutory Stock Option Agreement (Jda Software Group Inc)
