Option Not Transferable. This option is not transferable or assignable except by will or by the laws of descent and distribution. During the Optionee’s lifetime only the Optionee can exercise this option.
Appears in 66 contracts
Samples: Non Qualified Stock Option Agreement (Cyteir Therapeutics, Inc.), Incentive Stock Option Agreement, Employee Non Qualified Stock Option Agreement
Option Not Transferable. This option is not transferable or assignable except by will or by the laws of descent and distribution. During the Optionee’s 's lifetime only the Optionee can exercise this option.
Appears in 29 contracts
Samples: Incentive Stock Option Agreement (Phase Forward Inc), Incentive Stock Option Agreement (Enernoc Inc), Non Qualified Stock Option Agreement (Enernoc Inc)
Option Not Transferable. This option The Option is not transferable or assignable except by will or by the laws of descent and distribution. During the Optionee’s lifetime only the Optionee can exercise this option.
Appears in 9 contracts
Samples: Incentive Stock Option Agreement (Centerspan Communications Corp), Incentive Stock Option Agreement (Centerspan Communications Corp), Incentive Stock Option Agreement (Centerspan Communications Corp)
Option Not Transferable. This option The Option is not transferable or assignable except by will or by the laws of descent and distribution. During the Optionee’s lifetime only the Optionee can exercise this option.
Appears in 9 contracts
Samples: Stock Option Agreement (Transatlantic Petroleum Ltd.), Incentive Stock Option Agreement (Spatializer Audio Laboratories Inc), Stock Option Agreement (Golden Star Resources LTD)
Option Not Transferable. This option The Option is not transferable or assignable except by will or by the laws of descent and distribution. During the Optionee’s 's lifetime only the Optionee can exercise this optionthe Option.
Appears in 6 contracts
Samples: Non Qualified Stock Option Agreement (Galaxy Nutritional Foods Co), Non Qualified Stock Option Agreement (Galaxy Nutritional Foods Co), Incentive Stock Option Agreement (Galaxy Nutritional Foods Co)
Option Not Transferable. This option is The Option shall not be transferable by the Optionee otherwise than by bequest or assignable except by will or by the laws of descent and distribution. During , and shall be exercisable during the Optionee’s 's lifetime only by the Optionee can exercise this optionOptionee.
Appears in 5 contracts
Samples: Non Qualified Stock Option Agreement (Bayou City Exploration, Inc.), Non Qualified Stock Option Agreement (Bayou City Exploration, Inc.), Non Qualified Stock Option Agreement (Bayou City Exploration, Inc.)
Option Not Transferable. This option The Option is not transferable or assignable except by will or by the laws of descent and distribution. During the Optionee’s lifetime 's lifetime, only the Optionee can exercise this optionthe Option.
Appears in 5 contracts
Samples: Non Qualified Stock Option Agreement (Galaxy Nutritional Foods Inc), Non Qualified Stock Option Agreement (Galaxy Nutritional Foods Inc), Non Qualified Stock Option Agreement (Galaxy Nutritional Foods Inc)
Option Not Transferable. This option is not transferable or assignable ----------------------- except by will or by the laws of descent and distribution. During the Optionee’s 's lifetime only the Optionee can exercise this option.
Appears in 4 contracts
Samples: Incentive Stock Option Agreement (Matritech Inc/De/), Non Qualified Stock Option Agreement (Davox Corp), Incentive Stock Option Agreement (Divine Inc)
Option Not Transferable. This option Option is not transferable or assignable except by will or by the laws of descent and distribution. During the Optionee’s 's lifetime only the Optionee can exercise this optionOption.
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement (New York Global Innovations Inc.), Stock Option Agreement (Tudou Holdings LTD), Non Qualified Stock Option Agreement (Software Developers Co Inc/De/)
Option Not Transferable. This option The Option is not transferable or assignable except by will or by the laws of descent and distribution. During the Optionee’s lifetime only the Optionee can exercise this optionthe Option.
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement (Realnetworks Inc), Non Qualified Stock Option Agreement (Realnetworks Inc), Non Qualified Stock Option Agreement (Realnetworks Inc)
Option Not Transferable. This option is not transferable or ----------------------- assignable except by will or by the laws of descent and distribution. During the Optionee’s 's lifetime only the Optionee can exercise this option.
Appears in 3 contracts
Samples: Non Qualified Stock Option Agreement (Onewave Inc), Employee Non Qualified Stock Option Agreement (Legato Systems Inc), Incentive Stock Option Agreement (Onewave Inc)
Option Not Transferable. This option is not transferable or assignable except by will or by the laws of descent and distribution. During the Optionee’s lifetime 's lifetime, only the Optionee can exercise this option.
Appears in 3 contracts
Samples: Non Qualified Stock Option Agreement (Avici Systems Inc), Non Qualified Stock Option Agreement (Metabolix, Inc.), Non Qualified Stock Option Agreement (Cisco Systems Inc)
Option Not Transferable. This option is not transferable or assignable ----------------------- except by will or by the laws of descent and an distribution. During the Optionee’s 's lifetime only the Optionee can exercise this option.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Perseptive Biosystems Inc), Non Qualified Stock Option Agreement (Perseptive Biosystems Inc)
Option Not Transferable. This option Option is not transferable or ----------------------- assignable except by will or by the laws of descent and distribution. During the Optionee’s 's lifetime only the Optionee can exercise this optionOption.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Astea International Inc), Non Qualified Stock Option Agreement (Astea International Inc)
Option Not Transferable. This option Option is not transferable or assignable except by the Optionholder otherwise than by will or by the laws of descent and distribution. During , and is exercisable, during the OptioneeOptionholder’s lifetime lifetime, only the Optionee can exercise this optionby him.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Cambridge Bancorp), Nonstatutory Stock Option Agreement (Cambridge Bancorp)
Option Not Transferable. This option is not transferable or assignable except by will or by the laws of descent and distribution. During the Optionee’s lifetime 's lifetime, this option shall be exercisable only by the Optionee can exercise this optionOptionee.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Peregrine Systems Inc), Non Qualified Stock Option Agreement (Peregrine Systems Inc)
Option Not Transferable. This option is The Option shall not be transferable or assignable except otherwise than by will Will or by the laws of descent and distribution. During , and the Option shall be exercisable during the lifetime of the Optionee only by the Optionee’s lifetime only the Optionee can exercise this option.
Appears in 2 contracts
Samples: Non Statutory Stock Options Agreement (CALGON CARBON Corp), Agreement for Nonstatutory Stock Options (Matthews International Corp)
Option Not Transferable. This option The Option is not transferable or assignable ------------------------- except by will or by the laws of descent and distribution. During the Optionee’s 's lifetime only the Optionee can exercise this optionthe Option.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Mathsoft Inc)
Option Not Transferable. This option is not transferable or assignable except by will or by the laws of descent and distribution, provided, however, that as a condition precedent to any such transfer, the Transferee shall be bound by all provisions of this Agreement to the same extent as if such transferee were the Optionee. During the Optionee’s lifetime only the Optionee can exercise this option.
Appears in 1 contract
Option Not Transferable. This option is not transferable or assignable except by will or by the laws of descent and distribution. During the Optionee’s lifetime lifetime, only the Optionee can exercise this option.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Avici Systems Inc)
Option Not Transferable. This option is The Option shall not be transferable or assignable except otherwise than by will Will or by the laws of descent and distribution. During , and the Option shall be exercisable during the lifetime of the Optionee only by the Optionee or the Optionee’s lifetime only the Optionee can exercise this optionguardian or legal representative.
Appears in 1 contract
Samples: Nonstatutory Stock Option Agreement (Westinghouse Air Brake Technologies Corp)
Option Not Transferable. This option Option is not transferable or assignable except by will or by the laws of descent and distribution. During the Optionee’s lifetime only the Optionee can exercise this optionOption.
Appears in 1 contract
Option Not Transferable. This option Option is not transferable or assignable except by will or by the laws of descent and distribution. During the Optionee’s lifetime 's lifetime, only the Optionee can exercise this option.Option. EXHIBIT 4.5
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Tanknology Nde International Inc)
Option Not Transferable. This option The Option is not transferable or assignable except other than by will or by under the laws of descent and distribution. During the lifetime of the Optionee’s lifetime , the Option may be exercised only by the Optionee can exercise this optionOptionee.
Appears in 1 contract
Samples: Option Agreement (Golden Isles Financial Holdings Inc)
Option Not Transferable. This option Option is not transferable or assignable ----------------------- except by will or by the laws of descent and distribution. During the Optionee’s 's lifetime only the Optionee can exercise this optionOption.
Appears in 1 contract
Option Not Transferable. This option Option is not transferable or assignable except by the Optionee otherwise than by will or by the laws of descent and distribution. During , and is exercisable, during the Optionee’s lifetime lifetime, only by the Optionee can exercise this optionOptionee.
Appears in 1 contract
Option Not Transferable. This option The Option is not transferable or assignable except by will or by the laws of descent and distribution. During the Optionee’s Option Holder's lifetime only the Optionee can Option Holder shall have the right to exercise this optionthe Option.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Health & Nutrition Systems International Inc)
Option Not Transferable. This option is not transferable or ----------------------- assignable except by will or by the laws of descent and distribution. During the Optionee’s lifetime 's lifetime, only the Optionee can exercise this option.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Candela Corp /De/)
Option Not Transferable. This option is not transferable or assignable ----------------------- except by will or by the laws of descent and distribution. During the Optionee’s lifetime Option Holder's lifetime, only the Optionee can Option Holder may exercise this option.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Averstar Inc)
Option Not Transferable. This option is not transferable or assignable except by will or by the laws of descent and distribution. During Except as set forth in the preceding sentence, during the Optionee’s lifetime 's lifetime, only the Optionee can exercise this optionOption.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Molecular Simulations Inc)
Option Not Transferable. This option is not transferable or ----------------------- assignable except by will or by the laws of descent and distribution. During the Optionee’s 's lifetime only the Optionee can (or the guardian of an Optionee) may exercise this option.
Appears in 1 contract
Option Not Transferable. This option is not transferable or assignable except by will or by the laws of descent and distribution. During Except as set forth in the preceding sentence, during the Optionee’s lifetime 's lifetime, only the Optionee can exercise this option.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Versatility Inc)
Option Not Transferable. This option Option is not transferable or assignable except by the Optionholder otherwise than by will or by the laws of descent and distribution. During , and is exercisable, during the Optionee’s lifetime Optionholder's lifetime, only by the Optionee can exercise this optionOptionholder.
Appears in 1 contract
Samples: Option Agreement (Ipl Systems Inc)
Option Not Transferable. This option is not transferable or assignable ----------------------- except by will or by the laws of descent and distribution. During the Optionee’s lifetime 's lifetime, only the Optionee can exercise this option.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Cabletron Systems Inc)
Option Not Transferable. This option Option is not transferable or assignable except by will or by the laws of descent and distribution. During the Optionee’s lifetime 's lifetime, only the Optionee can exercise this optionOption.
Appears in 1 contract
Samples: Stock Option Agreement (Tanknology Nde International Inc)
