Nontransferability. The Option shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option shall be exercisable only by the Optionee.
Appears in 64 contracts
Samples: Nonqualified Stock Option Agreement, Nonqualified Stock Option Agreement, Performance Vesting Nonqualified Stock Option Agreement
Nontransferability. The Option shall is not be transferable by the Optionee other than by will or by the laws of descent and distribution. During the lifetime of , and is exercisable, during the Optionee’s lifetime, the Option shall be exercisable only by the Optionee, or, in the event of the Optionee’s legal disability, by the Optionee’s legal representative.
Appears in 22 contracts
Samples: Stock Option Agreement (Numerex Corp /Pa/), Incentive Stock Option Agreement (Macrogenics Inc), Stock Option Agreement (Macrogenics Inc)
Nontransferability. The Option shall not be transferable by the Optionee other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option shall be exercisable only by the Optionee.
Appears in 18 contracts
Samples: Non Qualified Stock Option Agreement (Harris & Harris Group Inc /Ny/), Non Qualified Stock Option Agreement (Hilltop Holdings Inc.), Replacement Non Qualified Stock Option Agreement (PGT, Inc.)
Nontransferability. The Option shall may not be transferable transferred in any manner other than by will or by the laws of descent and distribution. During distribution and may be exercised during the lifetime of the Optionee only by Optionee, . The terms of the Option shall be exercisable only by binding upon the executors, administrators, successors and assigns of Optionee.
Appears in 11 contracts
Samples: Incentive Stock Option Agreement (Ceco Environmental Corp), Stock Option Agreement (Ceco Environmental Corp), Stock Option Agreement (Ceco Environmental Corp)
Nontransferability. The Option shall granted hereunder is not be transferable other by the Optionee otherwise than by will or by the laws of descent and distribution. During , and the Option may be exercised during the lifetime of the Optionee, the Option shall be exercisable Optionee only by the Optionee or the Optionee's guardian or legal representative. The terms of the Option will be binding upon the beneficiaries, executors, administrators, heirs and successors of the Optionee.
Appears in 9 contracts
Samples: Non Statutory Stock Option Agreement (General Dynamics Corp), Non Statutory Stock Option Agreement (General Dynamics Corp), Non Statutory Stock Option Agreement (General Dynamics Corp)
Nontransferability. The This Option shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the OptioneeOptionholder, the this Option shall be exercisable only by the OptioneeOptionholder.
Appears in 7 contracts
Samples: Nonqualified Stock Option Agreement (Penn Millers Holding Corp), Stock Option Agreement (Penn Millers Holding Corp), Nonqualified Stock Option Agreement (Penn Millers Holding Corp)
Nontransferability. The Option shall granted hereunder is not be transferable other by the Optionee otherwise than by will or by the laws of descent and distribution. During , and the Option may be exercised during the lifetime of the Optionee, the Option shall be exercisable Optionee only by the Optionee or the Optionee’s guardian or legal representative. The terms of the Option will be binding upon the beneficiaries, executors, administrators, heirs and successors of the Optionee.
Appears in 6 contracts
Samples: Non Statutory Stock Option Agreement (General Dynamics Corp), Non Statutory Stock Option Agreement (General Dynamics Corp), Non Statutory Stock Option Agreement (General Dynamics Corp)
Nontransferability. The Option shall not be transferable other than by will or by the laws of descent and distribution. During , and during the lifetime of the Optionee, the Option shall be exercisable only by the Optionee.
Appears in 5 contracts
Samples: Incentive Stock Option Agreement (Internet Security Systems Inc/Ga), Nonqualified Stock Option Agreement (Turbochef Technologies Inc), Incentive Stock Option Agreement (Turbochef Technologies Inc)
Nontransferability. The Option shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option shall be exercisable only by the Optionee or the Optionee’s legal representative.
Appears in 5 contracts
Samples: Non Qualified Stock Option Agreement (Radioshack Corp), Non Qualified Stock Option Agreement (Radioshack Corp), Non Qualified Stock Option Agreement (Radioshack Corp)
Nontransferability. The Option This option shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the OptioneeOptionholder, the Option this option shall be exercisable only by the OptioneeOptionholder.
Appears in 5 contracts
Samples: Stock Option Agreement (Peoples Financial Services Corp.), Stock Option Agreement (D&e Communications Inc), Incentive Stock Option Agreement (Sovereign Bancorp Inc)
Nontransferability. The Option option shall not be transferable other by the Optionee otherwise than by will or by the laws of descent and distribution. During , and the lifetime of option shall be exercisable, during the Optionee’s lifetime, the Option shall be exercisable only by the Optionee.
Appears in 4 contracts
Samples: Incentive Stock Option Agreement (Kaman Corp), Incentive Stock Option Agreement (Kaman Corp), Incentive Stock Option Agreement (Kaman Corp)
Nontransferability. The Option shall not be transferable other than is nontransferable except by will or by the laws of descent and distribution. During the lifetime of the Optionee’s lifetime, the Option shall may be exercisable exercised only by the Optionee.
Appears in 4 contracts
Samples: Incentive Stock Option Agreement, Incentive Stock Option Agreement (Central Virginia Bankshares Inc), Incentive Stock Option Agreement (Southern Community Financial Corp.)
Nontransferability. The This Option shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the this Option shall be exercisable only by the such Optionee.
Appears in 3 contracts
Samples: Stock Option Agreement (Heafner Tire Group Inc), Stock Option Agreement (Phoenix Racing Inc), Stock Option Agreement (Uproar Inc)
Nontransferability. The Option shall not be transferable other otherwise than by will or by the laws of descent and distribution. During , and are exercisable, during the lifetime of the Optionee, the Option shall be exercisable only by the Optioneehim.
Appears in 3 contracts
Samples: Non Qualified Stock Option Award Agreement (North Shore Agency Inc), Non Qualified Stock Option Award Agreement (North Shore Agency Inc), Non Qualified Stock Option Award Agreement (North Shore Agency Inc)
Nontransferability. The Option granted hereunder shall not be transferable by Optionee other than by will or by the laws of descent and distribution. During distribution and the Option may be exercised during the lifetime of the Optionee, Optionee only by Optionee or his or her guardian or legal representative. The terms of the Option shall be exercisable only by final, binding and conclusive upon the beneficiaries, executors, administrators, heirs and successors of Optionee.
Appears in 3 contracts
Samples: Stock Option Grant Agreement (Rexahn Pharmaceuticals, Inc.), Stock Option Grant Agreement (Rexahn Pharmaceuticals, Inc.), Stock Option Grant Agreement (Rexahn Pharmaceuticals, Inc.)
Nontransferability. The This Option shall not be transferable other than except by will or by the laws of descent and distribution. During the lifetime of the Optionee, the this Option shall be exercisable only by the Optionee.
Appears in 3 contracts
Samples: Incentive Stock Option Agreement (Burke Industries Inc /Ca/), Incentive Stock Option Agreement (Burke Industries Inc /Ca/), Incentive Stock Option Agreement (Power Ten)
Nontransferability. The Except as otherwise expressly provided herein, this Option shall not be transferable other by the Optionee otherwise than by will or by the laws of descent and distribution. During the , and this Option is exercisable during Optionee's lifetime of only by the Optionee, . The terms of the Option shall be exercisable only by binding on the executors, administrators, heirs and successors of the Optionee.
Appears in 3 contracts
Samples: Stock Option Agreement (Private Business Inc), Stock Option Agreement (Private Business Inc), Stock Option Agreement (Private Business Inc)
Nontransferability. The Option shall Options are not be transferable other than except by will or by the laws of descent and distribution. During The Options may be exercised during the lifetime of the Optionee, the Option shall be exercisable Optionee only by the Optionee.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (American Healthchoice Inc /Ny/), Non Qualified Stock Option Agreement (Voip Inc)
Nontransferability. The Option shall not be transferable other than by will or by the laws of descent and distribution. During distribution and during the lifetime of the Optionee, the . The Option shall be exercisable only by the OptioneeOptionee except as provided in Section 5.4.
Appears in 2 contracts
Samples: Stock Option Agreement (United Community Banks Inc), Stock Option Agreement (United Community Banks Inc)
Nontransferability. The Option shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the The Option shall be exercisable only by the Optionee or the Optionee's guardian or legal representative during the lifetime of the Optionee.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Criimi Mae Inc), Incentive Stock Option Agreement (Criimi Mae Inc)
Nontransferability. The Option option shall not be transferable other by the Optionee otherwise than by will or by the laws of descent and distribution. During , and the lifetime of the Optionee, the Option option shall be exercisable exercisable, during his lifetime, only by the Optioneehim.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Lydall Inc /De/), Nonqualified Stock Option Agreement (Lydall Inc /De/)
Nontransferability. The Option shall not be transferable other than by will or by the laws law of descent and distribution. During the lifetime of the Optionee, the Option shall be exercisable only by the Optionee.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Celldex Therapeutics, Inc.), Incentive Stock Option Agreement (Celldex Therapeutics, Inc.)
Nontransferability. The Option shall not be transferable other than by the Optionee except by will or by the laws of descent and distribution. During , and it shall be exercisable during the lifetime of the Optionee, the Option shall be exercisable Optionee only by the OptioneeOptionee or his or her guardian or legal representative.
Appears in 2 contracts
Samples: Share Option Agreement (Anadigics Inc), Stock Option Agreement (Alfacell Corp)
Nontransferability. The This Option shall not be transferable other than except by will Will or by the laws of descent and distribution. During the lifetime of , and shall be exercisable, during the Optionee’s lifetime, the Option shall be exercisable only by the Optionee.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Westamerica Bancorporation), Non Qualified Stock Option Agreement (Westamerica Bancorporation)
Nontransferability. The Option shall is not be transferable other than by the Optionee except by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option distribution and shall be exercisable during the Optionee’s lifetime only by the Optionee.
Appears in 2 contracts
Samples: Nonqualified Option Agreement (PPG Industries Inc), Nonqualified Option Agreement (PPG Industries Inc)
Nontransferability. The This Option shall not be transferable other than by the ------------------ Optionee except by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option distribution and shall be exercisable during Optionee's lifetime only by Optionee. The Option herein granted and the Optioneerights and privileges pertaining thereto shall not be transferred, assigned, pledged or hypothecated in any way, whether by operation of law or otherwise, and shall not be subject to execution, attachment or similar process.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Ziegler Companies Inc), Nonqualified Stock Option Agreement (Ziegler Companies Inc)
Nontransferability. The Option shall not be transferable other than This option is nontransferable except by will or by the laws of descent and distribution. During the lifetime of the Optionee's lifetime, the Option shall this option may be exercisable exercised only by the Optionee.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Universal Corp /Va/), Non Qualified Stock Option Agreement (Universal Corp /Va/)
Nontransferability. The No Option granted under the Plan shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the Optioneeoptionee, the an Option shall be exercisable only by the Optioneehim.
Appears in 2 contracts
Samples: Executive Employment Agreement (International Cosmetics Marketing Co), Executive Employment Agreement (International Cosmetics Marketing Co)
Nontransferability. The Option shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option shall be exercisable only by the Optionee or by the Optionee's guardian or legal representative.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Engineering Animation Inc), 1999 Nonqualified Stock Option Agreement (Engineering Animation Inc)
Nontransferability. The Option and any rights hereunder shall not be transferable or assignable other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option shall be exercisable only by the Optionee.
Appears in 2 contracts
Samples: Employment Agreement (Recoton Corp), By Laws (Recoton Corp)
Nontransferability. The Option shall may not be transferable other than transferred except by will or by the laws of descent and distribution. During the lifetime of the Optionee's lifetime, the Option shall may be exercisable exercised only by the Optionee.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Veeco Instruments Inc)
Nontransferability. The Except as set forth in Section 6.3 of the Plan, this Option shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the OptioneeOptionholder, the this Option shall be exercisable only by the OptioneeOptionholder.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Federal Life Group, Inc.)
Nontransferability. The Option Options shall not be transferable other by the Optionee otherwise than by will or by the laws of descent and distribution. During distribution and during the lifetime of the Optionee, the Option shall be Optionee are exercisable only by the Optionee.
Appears in 1 contract
Nontransferability. The Option shall not be transferable other than by will or by the laws of descent and distribution. During , and, during the lifetime of the Optionee, the Option shall be exercisable only by the OptioneeOptionee except as provided in Section 5.4.
Appears in 1 contract
Samples: Stock Option Award Agreement (United Community Banks Inc)
Nontransferability. The Option shall Options are not be transferable other than except by will or ------------------ by the laws of descent and distributiondistribution and are subject to the provisions of Section 7 hereof. During The Options may be exercised during the lifetime of the Optionee, the Option shall be exercisable Optionee only by the Optionee.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Caspian Energy International Inc /Tx)
Nontransferability. The This Option shall may not be transferable other than transferred by Optionee except by will or by the laws of descent and distribution. During Optionee’s lifetime, only Optionee may exercise the lifetime of the Optionee, the Option shall be exercisable only by the OptioneeOption.
Appears in 1 contract
Samples: Stock Option Agreement (Virginia Commerce Bancorp Inc)
Nontransferability. The Option shall Options are not be transferable other than except by will ------------------ or by the laws of descent and distributiondistribution and are subject to the provisions of Section 7 hereof. During The Options may be exercised during the lifetime of the Optionee, the Option shall be exercisable Optionee only by the Optionee.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Greenbriar Corp)
Nontransferability. The This Option shall not be transferable other or assignable by the Optionee in any manner otherwise than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option All options granted hereunder shall be exercisable during Optionee's lifetime only by the Optionee.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Possis Medical Inc)
Nontransferability. The Option shall Options are not be transferable other than except by will or by the laws law of descent and distribution. During The Options may be exercised during the lifetime of the Optionee, the Option shall be exercisable Optionee only by the Optionee.
Appears in 1 contract
Nontransferability. The This Option shall not be transferable other than by will or by the laws of descent and distribution. During , and during the lifetime of the Optionee, the Option Optionee shall be exercisable only by the Optionee, or by the Optionee's guardian or legal representative.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Comerica Inc /New/)
Nontransferability. The Option Options shall not be transferable other ------------------ than by will or by the laws of descent and distributiondistribution or by such other means explicitly permitted by Section 422 of the Code. During the lifetime of the Optionee, the Option Options shall be exercisable only by the Optionee or the Optionee's guardian or legal representative.
Appears in 1 contract
Samples: Stock Option Agreement (Platinum Technology International Inc)
Nontransferability. The Option This option shall not be transferable other than by will or by the laws of descent and distributiondistribution nor shall the Optionee pledge or hypothecate the option nor create any lien thereon. During the lifetime life time of the Optionee, the Option this option shall be exercisable only by him/her or by the Optionee’s legal representative if the Optionee is legally incompetent.
Appears in 1 contract
Samples: Stock Option Agreement (Ii-Vi Inc)
Nontransferability. The Option Options shall not be transferable other by Optionee otherwise than by will or by the laws of descent and distribution. During distribution and during the lifetime of the Optionee, the Option shall be Optionee are exercisable only by the Optionee.
Appears in 1 contract
Nontransferability. The Option shall not be transferable other by the ------------------ Optionee otherwise than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option shall be exercisable only by the OptioneeOptionee or his legal representative.
Appears in 1 contract
Samples: Stock Option Agreement (Delia S Inc)
Nontransferability. The Option shall not be transferable other by the Optionee otherwise than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option shall be exercisable only by the OptioneeOptionee or her legal representative.
Appears in 1 contract
Samples: Employment Agreement (Delias Inc)
Nontransferability. The Option shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option distribution and shall be exercisable during the Optionee's lifetime only by the Optioneehim.
Appears in 1 contract
Samples: Stock Option Award Agreement (Accelerated Bureau of Collections Inc)
Nontransferability. The Option shall option is not be transferable other than except by will or ------------------ by the laws of descent and distributiondistribution and is subject to the provisions of Section 9 hereof. During The option may be exercised during the lifetime of the Optionee, the Option shall be exercisable Optionee only by the Optionee.
Appears in 1 contract
Nontransferability. The This Option shall not be transferable other than except by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option and shall be exercisable during the Optionee's lifetime only by the Optionee.
Appears in 1 contract
Nontransferability. The Option option shall not be transferable other by the Optionee otherwise than by will or by the laws of descent and distribution. During , and the lifetime of the Optionee, the Option option shall be exercisable exercisable, during his or her lifetime, only by the Optioneehim or her.
Appears in 1 contract
Nontransferability. The Option Options shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option Options shall be exercisable only by the Optionee.
Appears in 1 contract
Samples: Stock Option Agreement (Neff Corp)
Nontransferability. The Option options granted hereunder shall not be transferable other by the Optionee otherwise than by will or by the laws of descent and distribution. During distribution and during the lifetime of the Optionee, the Option shall be Optionee are exercisable only by the Optionee.
Appears in 1 contract
Nontransferability. The Option shall options are not be transferable other than except by will ------------------ or by the laws of descent and distributiondistribution and is subject to the provisions of Section 9 hereof. During The options may be exercised during the lifetime of the Optionee, the Option shall be exercisable Optionee only by the Optionee.
Appears in 1 contract
Nontransferability. The Option shall not be transferable other otherwise than by will or by the applicable laws of descent and distribution. During ; and the Option may be exercised, during the lifetime of the Optionee, the Option shall be exercisable only by the Optionee.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Lasercard Corp)
Nontransferability. The Option This option shall not be transferable other than by will or by the laws of descent Optionee and distribution. During this option shall be exercisable during the lifetime of the Optionee, the Option shall be exercisable only Optionee by the OptioneeOptionee only.
Appears in 1 contract
Nontransferability. The This Option shall not be transferable other than is nontransferable, except by will or by the laws of descent and distribution. During In the lifetime event of the Optioneeany such transfer, the this Option shall is to be exercisable exercised only by the such transferee. During Optionee's, lifetime, this option is to be exercised only by Optionee.
Appears in 1 contract
Samples: Stock Option Agreement (Alliance Entertainment Corp)
Nontransferability. The Option shall Options are not be transferable other than except by will or by the laws of descent and distributiondistribution and are subject to the provisions of Section 7 hereof. During The Options may be exercised during the lifetime of the Optionee, the Option shall be exercisable Optionee only by the Optionee.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Puma Energy Inc)
Nontransferability. The Option shall is not be transferable other than except by will or ------------------ by the laws of descent and distributiondistribution and is subject to the provisions of Section 8 hereof. During The Option may be exercised during the lifetime of the Optionee, the Option shall be exercisable Optionee only by the Optionee.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Caspian Energy International Inc /Tx)
Nontransferability. The Option This option shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option this option shall be exercisable only by the Optionee.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Sovereign Bancorp Inc)
Nontransferability. The This Option shall not be transferable other than by ------------------ Optionee except by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option distribution and shall be exercisable during Optionee's lifetime only by Optionee. The Option herein granted and the Optioneerights and privileges pertaining thereto shall not be transferred, assigned, pledged or hypothecated in any way, whether by operation of law or otherwise, and shall not be subject to execution, attachment or similar process.
Appears in 1 contract
Samples: Performance Vesting Incentive Stock Option Agreement (Ziegler Companies Inc)
Nontransferability. The Option shall not be transferable other than by will or by the laws of descent and distribution. During distribution and during the lifetime of the Optionee, the Option shall be exercisable only by the Optionee.
Appears in 1 contract
Samples: Stock Option Agreement (United Community Banks Inc)
Nontransferability. The Option shall not be transferable other than by will or by the laws of descent and distribution. During , and, during the lifetime of the Optionee, the Option shall be exercisable only by the OptioneeOptionee except as provided in Section 5.2.
Appears in 1 contract
Samples: Stock Option Award Agreement (United Community Banks Inc)
Nontransferability. The Option shall is not be transferable other than except by will or by the laws of descent and distributiondistribution and is subject to the provisions of Section 8 hereof. During The Option may be exercised during the lifetime of the Optionee, the Option shall be exercisable Optionee only by the Optionee.
Appears in 1 contract
Nontransferability. The Option shall not be transferable other than by will or by the laws of descent and distribution. During , and, during the lifetime of the Optionee, the Option shall be exercisable only by the OptioneeOptionee except as provided in Section 5.3.
Appears in 1 contract
Samples: Key Employee Stock Option Agreement (United Community Banks Inc)
Nontransferability. The Option This option shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option this option shall be exercisable only by the OptioneeOptionee or his or her guardian or legal representative.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Innovative Solutions & Support Inc)
