Option Non-Transferable. This Option is not transferable by the Optionee otherwise than by will or the laws of descent and distribution and is exercisable, during his lifetime, only by the Optionee.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Comptek Research Inc/Ny), Incentive Stock Option Agreement (Comptek Research Inc/Ny)
Option Non-Transferable. This Option is may not transferable be transferred by the Optionee otherwise than by will or by the laws of descent and distribution and is exercisable, may be exercised during his lifetime, the lifetime of the Optionee only by the Optioneehim.
Appears in 2 contracts
Samples: Stock Option Agreement (Envirosource Inc), Stock Option Agreement (Envirosource Inc)
Option Non-Transferable. This Option is may not transferable be transferred by the Optionee otherwise than by will Will or by the laws of the descent and distribution and is exercisable, may be exercised during his lifetime, the lifetime of the Optionee only by the Optioneehim.
Appears in 1 contract
Samples: Stock Option Agreement (Barringer Technologies Inc)
