Common use of Prohibition of Transfer Clause in Contracts

Prohibition of Transfer. No Stock Option granted hereunder may be sold, assigned, transferred, pledged or in any way hypothecated or alienated, voluntarily, involuntarily or by operation of law.

Appears in 6 contracts

Samples: Combined Incentive and Nonqualified Stock Option Agreement (Global Precision Medical Inc), Combined Incentive and Nonqualified Stock Option Agreement (Global Precision Medical Inc), Combined Incentive and Nonqualified Stock Option Agreement (Global Precision Medical Inc)

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Prohibition of Transfer. No Stock Option granted hereunder may be sold, assigned, transferred, pledged or in any way hypothecated or alienated, voluntarily, involuntarily or by operation of law. 10.

Appears in 1 contract

Samples: Combined Incentive and Nonqualified Stock Option Agreement (Global Precision Medical Inc)

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