Other Conditions and Limitations. The Option shall not be assignable or transferable by the Optionee otherwise than by will or by the laws of descent and distribution, and the Option shall be exercisable during the lifetime of the Optionee by the Optionee only.
Appears in 7 contracts
Samples: Non Qualified Stock Option Agreement (NMS Communications Corp), Incentive Stock Option Agreement (NMS Communications Corp), Non Qualified Stock Option Agreement (MEMSIC Inc)
