Other Stock Option Conditions. (a) Except as expressly permitted by the Board, no Stock Option shall be transferred by the optionee otherwise than by will or by the laws of descent and distribution. During the lifetime of the optionee the Stock Option shall be exercisable only by such optionee, by his or her legal representative or by a transferee permitted under the terms of the grant of the Stock Option.
Appears in 5 contracts
Samples: Stock Option Agreement (FriendFinder Networks Inc.), Stock Option Agreement (FriendFinder Networks Inc.), Stock Option Agreement (FriendFinder Networks Inc.)
