Persons Eligible to Exercise Option. This option shall be exercisable during the Employee’s lifetime only by the Employee. The option shall not be transferable by the Employee, except by (a) a valid beneficiary designation made in a form and manner acceptable to the Committee, or (b) will or the applicable laws of descent and distribution.
Appears in 16 contracts
Samples: Time Based Nonqualified Stock Option Agreement, Time Based Nonqualified Stock Option Agreement (Varian Medical Systems Inc), Time Based Nonqualified Stock Option Agreement (Varian Medical Systems Inc)
Persons Eligible to Exercise Option. This option shall be exercisable during the Employee’s lifetime only by the Employee. The option shall not be transferable by the Employee, except by (a) a valid beneficiary designation made in a form and manner acceptable to the CommitteeCommittee (if permissible under local law), or (b) will or the applicable laws of descent and distribution.
Appears in 6 contracts
Samples: Nonqualified Stock Option Agreement (Varex Imaging Corp), Nonqualified Stock Option Agreement, 2020 Omnibus Stock Plan (Varex Imaging Corp)
Persons Eligible to Exercise Option. This option shall be exercisable during the Employee’s 's lifetime only by the Employee. The option shall not be transferable by the Employee, except by (a) a valid beneficiary designation made in a form and manner acceptable to the Committee, or (b) will or the applicable laws of descent and distribution.
Appears in 4 contracts
Samples: Nonqualified Stock Option Agreement (Varian Medical Systems Inc), Nonqualified Stock Option Agreement (Transamerica Corp), Nonqualified Stock Option Agreement (Varian Medical Systems Inc)
Persons Eligible to Exercise Option. This option shall be exercisable during the Employee’s 's lifetime only by the Employee. The This option shall is not be transferable by the Employeetransferable, except by that the Employee may transfer this option (a) by a valid beneficiary designation made in a form and manner acceptable to the Committee, or (b) by will or the applicable laws of descent and distribution.
Appears in 3 contracts
Samples: Nonqualified Stock Option Agreement (Transamerica Corp), Nonqualified Stock Option Agreement (Transamerica Corp), Nonqualified Stock Option Agreement (Transamerica Corp)
Persons Eligible to Exercise Option. This option shall be ----------------------------------- exercisable during the Employee’s 's lifetime only by the Employee. The option shall not be transferable by the Employee, except by (a) a valid beneficiary designation made in a form and manner acceptable to the Committee, or (b) will or the applicable laws of descent and distribution.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Transamerica Corp), Nonqualified Stock Option Agreement (Transamerica Corp)
Persons Eligible to Exercise Option. This option shall be exercisable during the Employee’s 's lifetime only by the Employee. The option shall is not be transferable by except that the Employee, except by Employee may transfer this option (a) by a valid beneficiary designation made in a form and manner acceptable to the Committee, or (b) by will or the applicable laws of descent and distribution.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Transamerica Corp), Nonqualified Stock Option Agreement (Transamerica Corp)
Persons Eligible to Exercise Option. This option ----------------------------------- shall be exercisable during the Employee’s 's lifetime only by the Employee. The option shall not be transferable by the Employee, except by (a) a valid beneficiary designation made in a form and manner acceptable to the Committee, or (b) will or the applicable laws of descent and distribution.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Varian Medical Systems Inc)
