Common use of Persons Eligible to Exercise Clause in Contracts

Persons Eligible to Exercise. The Option shall be exercisable during Employee's lifetime only by Employee. The Option shall be non-transferable by Employee other than by a beneficiary designation made in a form and manner acceptable to the Committee (and provided the Committee allows for beneficiary designations), or by will or the applicable laws of descent and distribution.

Appears in 7 contracts

Samples: Non Qualified Stock Option Agreement (Gap Inc), Non Qualified Stock Option Agreement (Gap Inc), Non Qualified Stock Option Agreement (Gap Inc)

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Persons Eligible to Exercise. The Option option shall be exercisable during Employee's ’s lifetime only by Employee. The Option option shall be non-transferable by Employee other than by a beneficiary designation made in a form and manner acceptable to the Committee (and provided the Committee allows for beneficiary designations)Committee, or by will or the applicable laws of descent and distribution.

Appears in 6 contracts

Samples: Non Qualified Stock Option Agreement (Gap Inc), Non Qualified Stock Option Agreement (Gap Inc), Non Qualified Stock Option Agreement (Gap Inc)

Persons Eligible to Exercise. The Option option shall be exercisable during Employee's lifetime only by Employee. The Option option shall be non-transferable by Employee other than by a beneficiary designation made in a form and manner acceptable to the Committee (and provided the Committee allows for beneficiary designations)Committee, or by will or the applicable laws of descent and distribution.

Appears in 6 contracts

Samples: Qualified Stock Option Agreement (Gap Inc), Qualified Stock Option Agreement (Gap Inc), Gap Inc

Persons Eligible to Exercise. The Option shall be exercisable during Employee's lifetime only by Employee. The Option shall be non-transferable by Employee other than by a beneficiary designation made in a form and manner acceptable to the Committee (and provided the Committee allows for beneficiary designations), or by will or the applicable laws of descent and distribution. 8.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement, www.sec.gov, www.sec.gov

Persons Eligible to Exercise. The Option shall be exercisable during Employee's ’s lifetime only by Employee. The Option shall be non-transferable by Employee other than by a beneficiary designation made in a form and manner acceptable to the Committee (and provided the Committee allows for beneficiary designations), or by will or the applicable laws of descent and distribution.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement, Non Qualified Stock Option Agreement (Gap Inc), Non Qualified Stock Option Agreement (Gap Inc)

Persons Eligible to Exercise. The Option This option shall be exercisable during Employeethe Participant's lifetime only by Employeethe Participant. The Option shall be non-transferable by Employee other than This option is not transferable, except that the Participant may transfer this option (a) by a valid beneficiary designation made in a form and manner acceptable to the Committee (and provided the Committee allows for beneficiary designations)Committee, or (b) by will or the applicable laws of descent and distribution.

Appears in 3 contracts

Samples: Registration Rights Agreement (Mile High Brewing Co), Executive Employment Agreement (Mile High Brewing Co), A Consulting Team Inc

Persons Eligible to Exercise. The Option shall be exercisable during Employee's lifetime only by Employee. The Option shall be non-transferable by Employee other than by a beneficiary designation made in a form and manner acceptable to the Committee (and provided the Committee allows for beneficiary designations), or by will or the applicable laws Applicable Laws of descent and distribution.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Gap Inc), Non Qualified Stock Option Agreement (Gap Inc)

Persons Eligible to Exercise. The Option option shall be exercisable during the Employee's ’s lifetime only by the Employee. The Option option shall be non-transferable by the Employee other than by a beneficiary designation made in a form and manner acceptable to the Committee (and provided the Committee allows for beneficiary designations)Committee, or by will or the applicable laws of descent and distribution.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Central Garden & Pet Co), Nonqualified Stock Option Agreement (Central Garden & Pet Company)

Persons Eligible to Exercise. The Option This option shall be exercisable during the Employee's ’s lifetime only by the Employee. The Option This option shall be non-transferable by the Employee other than by a beneficiary designation made in a form and manner acceptable to the Committee (and provided the Committee allows for beneficiary designations)Committee, or by will or the applicable laws of descent and distribution.

Appears in 2 contracts

Samples: Stock Option Agreement (Pmi Group Inc), Nonqualified Stock Option Agreement (Pmi Group Inc)

Persons Eligible to Exercise. The Option option shall be exercisable during Employee's lifetime only by Employee. The Option option shall be non-transferable by Employee other than by a beneficiary designation made in a form and manner acceptable to the Committee Secretary of the Company (and provided the Committee allows for beneficiary designationsor its designee), or by will or the applicable laws of descent and distribution.

Appears in 2 contracts

Samples: Stock Option Agreement (Gap Inc), Stock Option Agreement (Gap Inc)

Persons Eligible to Exercise. The Option option shall be exercisable during the Employee's lifetime only by the Employee. The Option option shall be non-transferable by the Employee other than by a beneficiary designation made in a form and manner acceptable to the Committee (and provided the Committee allows for beneficiary designationsin its sole discretion), or by will or the applicable laws of descent and distribution.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Informix Corp)

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Persons Eligible to Exercise. The Option option shall be exercisable during Employee's lifetime only by Employee. The Option option shall be non-non- transferable by Employee other than by a beneficiary designation made in a form and manner acceptable to the Committee (and provided the Committee allows for beneficiary designations)Committee, or by will or the applicable laws of descent and distribution.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Gap Inc)

Persons Eligible to Exercise. The Option option shall be exercisable during Employee's lifetime only by Employee. The Option shall be non-transferable option is personal to Employee and is not capable of being transferred, assigned or charged by Employee other than by a beneficiary designation made in a form and manner acceptable to the Committee (and provided the Committee allows for beneficiary designations)Employee, or except by will or the applicable laws of descent and distribution.

Appears in 1 contract

Samples: Gap Inc

Persons Eligible to Exercise. The Option shall be exercisable during Employee's lifetime only by Employee or, in the case of Termination of Service due to Disability, by Employee's representative if Employee is incapacitated as determined by the Company in it sole discretion. The Option shall be non-transferable by Employee other than by a beneficiary designation made in a form and manner acceptable to the Committee (and provided the Committee allows for beneficiary designations), or by will or the applicable laws Applicable Laws of descent and distribution.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Gap Inc)

Persons Eligible to Exercise. The Option This option shall be exercisable during the Employee's lifetime only by Employee. The Option him and shall be non-transferable nontransferable by the Employee other otherwise than by will or the applicable laws of descent and distribution, or by a beneficiary designation made in a form and manner acceptable to the Committee (and provided the Committee allows for beneficiary designations), or by will or the applicable laws of descent and distributionCommittee.

Appears in 1 contract

Samples: Stock Option Agreement (Circle International Group Inc /De/)

Persons Eligible to Exercise. The Option This option shall be exercisable during the Employee's lifetime only by Employee. The Option the Employee and shall be non-transferable nontransferable by the Employee other otherwise than by will or the laws of descent and distribution, or by a beneficiary designation made in a form and manner acceptable to the Committee (and provided the Committee allows for beneficiary designations), or by will or the applicable laws of descent and distributionCommittee.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Egl Inc)

Persons Eligible to Exercise. The Option option shall be exercisable during the Employee's lifetime only by the Employee. The Option option shall be non-transferable by the Employee other than by a beneficiary designation made in a form and manner acceptable to the Committee (and provided the Committee allows for beneficiary designations)Committee, or by will or the applicable laws of descent and distribution.

Appears in 1 contract

Samples: Health Systems Design Corp

Persons Eligible to Exercise. The Option option shall be exercisable during ---------------------------- Employee's lifetime only by Employee. The Option option shall be non-transferable by Employee other than by a beneficiary designation made in a form and manner acceptable to the Committee (and provided the Committee allows for beneficiary designations)Committee, or by will or the applicable laws of descent and distribution.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Gap Inc)

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