Option Non-Transferable. During the lifetime of the Optionee, this ------------------------ Option shall be exercisable only by the Optionee and shall not be assignable or transferable by the Optionee and, subject to Paragraph 5 below, no other person shall acquire any rights in this Option.
Appears in 4 contracts
Samples: Option Agreement (Airgate PCS Inc /De/), 1999 Executive Market Value Appreciation Stock Option Agreement (Pointe Communications Corp), Pay for Performance Stock Option Agreement (Pointe Communications Corp)