Common use of Option Nontransferable Clause in Contracts

Option Nontransferable. Optionee may not transfer or assign all or any part of the Option other than by will or by the laws of descent and distribution. This Option may be exercised, during the lifetime of Optionee, only by Optionee, or in the event of Optionee’s legal incapacity, by Optionee’s guardian or legal representative acting on behalf of Optionee in a fiduciary capacity under state law and court supervision.

Option Nontransferable. The Option granted hereby shall be neither transferable nor assignable by the Optionee may not transfer or assign all or any part of the Option other than by will or by the laws of descent and distribution. This Option distribution and may be exercised, during the lifetime of the Optionee, only by the Optionee, or in the event of Optionee’s his or her legal incapacity, by Optionee’s his or her guardian or legal representative acting on behalf of the Optionee in a fiduciary capacity under state law and court supervision.

Option Nontransferable. Optionee may not transfer or assign all or any part of the Option Options other than by will or by the laws of descent and distribution. This Option The Options may be exercised, during the lifetime of Optionee, only by Optionee, or in the event of Optionee’s legal incapacity, by Optionee’s guardian or legal representative acting on behalf of Optionee in a fiduciary capacity under state law and court supervision. Optionee shall be entitled to the privileges of ownership with respect to Shares purchased and delivered to Optionee upon the exercise of all or part of the Options.

Option Nontransferable. The Option granted hereby shall be neither transferable nor assignable by the Optionee may not transfer or assign all or any part of the Option other than by will or by the laws of descent and distribution. This Option distribution and may be exercised, during the lifetime of the Optionee, only by the Optionee, or in the event of Optionee’s his or her legal incapacity, by Optionee’s his or her guardian or legal representative acting on behalf of the Optionee in a fiduciary capacity under state or foreign law and court supervision.

Option Nontransferable. Optionee may not transfer or assign all or any part of the Option other than by will or by the laws of descent and distribution. This Option may be exercised, during the lifetime of Optionee, only by Optionee, or in the event of Optionee’s 's legal incapacity, by Optionee’s 's guardian or legal representative acting on behalf of Optionee in a fiduciary capacity under state law and court supervision.

Option Nontransferable. The Option granted hereby shall be neither transferable nor assignable by the Optionee may not transfer or assign all or any part of the Option other than except by will or by the laws of descent and distribution. This Option distribution and may be exercised, during the lifetime of the Optionee, only by the Optionee, or in the event of Optionee’s his or her legal incapacity, by Optionee’s his or her guardian or legal representative acting on behalf of the Optionee in a fiduciary capacity under state law and court supervision.

Option Nontransferable. The Option is not transferable by the Optionee may not transfer or assign all or any part of the Option other than except by will or by the laws of descent and distribution. This During the lifetime of the Optionee, the Option may be exercised, during the lifetime of Optionee, exercised only by the Optionee, or in the event of Optionee’s legal incapacity, by Optionee’s guardian or legal representative acting on behalf of Optionee in a fiduciary capacity under state law and court supervision.

Option Nontransferable. Optionee may not transfer or assign all or any part of the Option Options other than by will or by the laws of descent and distribution. This Option The Options may be exercised, during the lifetime of Optionee, only by Optionee, or in the event of Optionee’s legal incapacity, by Optionee’s guardian or legal representative acting on behalf of Optionee in a fiduciary capacity under state law and court supervision.

Option Nontransferable. Optionee may not transfer or assign all or any part of the Option Options other than by will or by the laws of descent and distribution. This Option The Options may be exercised, during the lifetime of Optionee, only by Optionee, or in the event of Optionee’s legal incapacity, by Optionee’s guardian or legal representative acting on behalf of Optionee in a fiduciary capacity under state law and court supervision. Optionee shall be entitled to the privileges of ownership with respect to the Shares purchased and delivered to Optionee upon the exercise of all or part of the Options.

Option Nontransferable. This Option is not transferable by the Optionee may not transfer or assign all or any part of the Option other otherwise than by will or by the laws of descent and distribution. This Option may be exercised, during the lifetime of the Optionee, only by Optionee, or in the event of Optionee’s legal incapacity, by Optionee’s guardian or legal representative acting on behalf of Optionee in a fiduciary capacity under state law and court supervision.

Option Nontransferable. The Optionee may not transfer or assign all or any part of the Option other than by will or by the laws of descent and distribution. This Option may be exercised, during the lifetime of the Optionee, only by the Optionee, or in the event of the Optionee’s legal incapacity, by the Optionee’s guardian or legal representative acting on behalf of the Optionee in a fiduciary capacity under state law and court supervision.

Option Nontransferable. The Option is not transferable or assignable by Optionee may not transfer or assign all or any part of the Option other than by will or by the laws of descent and distribution. This Option may be exercised, ; during the lifetime of Optionee, the Option shall be exercisable only by Optionee, or in the event of Optionee’s legal incapacity, by Optionee’s guardian or legal representative acting on behalf of Optionee in a fiduciary capacity under state law and court supervision.

Option Nontransferable. This Option is not assignable or transferable by the Optionee may not transfer or assign all or any part of the Option other otherwise than by will or by the laws of descent and distribution. This Option may be exercised, during the lifetime of the Optionee, only by Optionee, or in the event of Optionee’s legal incapacity, by Optionee’s guardian or legal representative acting on behalf of Optionee in a fiduciary capacity under state law and court supervision.

Option Nontransferable. Optionee may not transfer or assign all or any part of the Option other than by will or by the laws of descent and distribution. This Option may be exercised, during the lifetime of Optionee, only by Optionee, or in the event of Optionee’s legal incapacity, by Optionee’s ’ s guardian or legal representative acting on behalf of Optionee in a fiduciary capacity under state law and court supervision.

Option Nontransferable. The Option shall not be transferable by Optionee may not transfer or assign all or any part of the Option other than by will or by the laws of descent and distribution. This Option may be exercised, during During the lifetime of Optionee, the Option shall be exercisable only by OptioneeOptionee (or, if he becomes disabled or otherwise incapacitated, by the guardian of his property or his duly appointed attorney-in-fact), and shall not be assignable or transferable by Optionee and, subject to Section 6 hereof, no other person shall acquire any rights in the event of Optionee’s legal incapacity, by Optionee’s guardian or legal representative acting on behalf of Optionee in a fiduciary capacity under state law and court supervisionOption.

Option Nontransferable. The Optionee may not transfer or assign all or any part of the Option Options other than by will or by the laws of descent and distribution. This Option The Options may be exercised, during the lifetime of the Optionee, only by the Optionee, or in the event of the Optionee’s legal incapacity, by the Optionee’s guardian or legal representative acting on behalf of the Optionee in a fiduciary capacity under state law and court supervision.

Option Nontransferable. Optionee may not transfer or of assign all or any part of the Option Options other than by will or by the laws of descent and distribution. This Option The Options may be exercised, during the lifetime of Optionee, only by Optionee, or in the event of Optionee’s legal incapacity, by Optionee’s guardian or legal representative acting on behalf of Optionee in a fiduciary capacity under state law and court supervision. Optionee shall be entitled to the privileges of ownership with respect to the Shares purchased and delivered to Optionee upon the exercise of all or part of the Options.