Option Not Transferable. This Option is not transferable by the Optionholder otherwise than by will or the laws of descent and distribution, and is exercisable, during the Optionholder’s lifetime, only by the Optionholder. The naming of a Designated Beneficiary does not constitute a transfer.
Appears in 5 contracts
Samples: Nonstatutory Stock Option Agreement (Enanta Pharmaceuticals Inc), Nonstatutory Stock Option Agreement (GTC Biotherapeutics Inc), Nonstatutory Stock Option Agreement (GTC Biotherapeutics Inc)
Option Not Transferable. This Option is not transferable by the ----------------------- Optionholder otherwise than by will or the laws of descent and distribution, and is exercisable, during the Optionholder’s 's lifetime, only by the Optionholder. The naming of a Designated Beneficiary does not constitute a transfer.
Appears in 5 contracts
Samples: Consulting Agreement (Parametric Technology Corp), Consulting Agreement (Parametric Technology Corp), Consulting Agreement (Parametric Technology Corp)
Option Not Transferable. This Option is not transferable by the Optionholder otherwise other than by will or the laws of descent and distribution, and is exercisable, during the Optionholder’s lifetime, only by the Optionholder. The naming of a Designated Beneficiary does not constitute a transfer.
Appears in 3 contracts
Samples: Nonstatutory Stock Option Agreement (Genaissance Pharmaceuticals Inc), Nonstatutory Stock Option Agreement (Genaissance Pharmaceuticals Inc), Consulting Agreement (Parametric Technology Corp)
Option Not Transferable. This Option is not transferable by the Optionholder Optionee otherwise than by will or the laws of descent and distribution, and is exercisable, during the OptionholderOptionee’s lifetime, only by the OptionholderOptionee or the Optionee’s guardian or legal representative. The naming of a Designated Beneficiary does not constitute a transfer.
Appears in 2 contracts
Samples: Stock Option Agreement (Mastec Inc), Stock Option Agreement (Mastec Inc)
Option Not Transferable. This Option is not transferable by the Optionholder Optionee otherwise than by will or the laws of descent and distribution, and is exercisable, during the OptionholderOptionee’s lifetime, only by the OptionholderOptionee. The naming of a Designated Beneficiary does not constitute a transfer.
Appears in 2 contracts
Samples: Stock Option Agreement (Mastec Inc), Stock Option Agreement (Mastec Inc)
Option Not Transferable. This Option is not transferable by the ----------------------- Optionholder otherwise than by will or the laws of descent and distribution, distribution and is exercisable, during the Optionholder’s 's lifetime, only by the Optionholder. The naming of a Designated Beneficiary does not constitute a transferhim.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Aspect Communications Corp)
Option Not Transferable. This Option is not transferable by the ----------------------- Optionholder otherwise than by will or the laws of descent and distribution, and is exercisable, during the Optionholder’s 's lifetime, only by the Optionholder. No transfer of an option by a participant by will or by laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will and such other evidence as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of such option. The naming of a Designated Beneficiary does not constitute a transfer.
Appears in 1 contract
Option Not Transferable. This Option is not transferable by the Optionholder otherwise other than by will or the laws of descent and distribution, and is exercisable, during the Optionholder’s 's lifetime, only by the Optionholder. The naming of a Designated Beneficiary does not constitute a transfer.
Appears in 1 contract
