Common use of Restriction on Assignment Clause in Contracts

Restriction on Assignment. 6.01 The Share Option granted hereby is, insofar as the Optionee is concerned, personal and non-assignable and neither this Agreement nor any rights in regard thereto shall be transferable or assignable except upon the death of the Optionee pursuant to Clause 3.01 hereof.

Appears in 4 contracts

Samples: Directors' and Management Stock Option Agreement, Directors' and Management Stock Option Agreement (Jenex CORP), Directors' and Management Stock Option Agreement (Jenex CORP)

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Restriction on Assignment. 6.01 7.1 The Share Option granted hereby is, insofar as the Optionee is concerned, personal and non-assignable and neither this Agreement nor any rights in regard thereto shall be transferable or assignable except upon assignable. For greater clarity, during the death lifetime of the Optionee pursuant to Clause 3.01 hereofOptionee, any benefits, rights and options may only be exercised by the Optionee.

Appears in 1 contract

Samples: Stock Option Agreement (Alberta Star Development Corp)

Restriction on Assignment. 6.01 7.01 The Share Option granted hereby is, insofar as the Optionee is concerned, personal and non-assignable and neither this Agreement nor any rights in regard thereto shall be transferable or assignable except upon the death of the Optionee pursuant to Clause 3.01 hereofthe Plan.

Appears in 1 contract

Samples: Stock Option Agreement (Petroflow Energy LTD)

Restriction on Assignment. 6.01 6.1 The Share Option granted hereby is, insofar as the Optionee is concerned, personal and non-assignable and neither this Agreement Assignment nor any rights in regard thereto shall be transferable or assignable except upon the death of the Optionee pursuant to Clause 3.01 3.1 hereof.

Appears in 1 contract

Samples: Stock Option Agreement (Position Inc /Fi)

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Restriction on Assignment. 6.01 5.1 The Share Option granted hereby is, insofar as the Optionee is concerned, personal and non-assignable and neither this Agreement nor any rights in regard thereto shall be transferable or assignable except upon the death of the Optionee pursuant to Clause 3.01 hereofassignable.

Appears in 1 contract

Samples: Stock Option Agreement (NiMin Energy Corp.)

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