Restrictions on Transfer of Option. This Agreement and the Option shall not be transferable otherwise than by will or by the laws of descent and distribution and the Option shall be exercisable, during the Optionee’s lifetime, solely by the Optionee.
Appears in 10 contracts
Samples: Incentive Stock Option Agreement (GlassBridge Enterprises, Inc.), Stock Option Award Agreement (MAIA Biotechnology, Inc.), Incentive Stock Option Agreement (Boustead Wavefront Inc.)
Restrictions on Transfer of Option. This Agreement and the Option shall not be transferable otherwise than by will or by the laws of descent and distribution distribution, and the Option shall be exercisable, during the Optionee’s lifetime, solely by the Optionee, except on account of the Optionee’s Disability or death.
Appears in 3 contracts
Samples: Stock Option Agreement (Rotech Healthcare Inc), Stock Option Agreement (Rotech Healthcare Inc), Incentive Stock Option Agreement (Rotech Healthcare Inc)
Restrictions on Transfer of Option. This Agreement and the Option shall not be transferable otherwise than by will or by the laws of descent and distribution distribution, and the Option shall be exercisable, during the Optionee’s lifetime, solely by the Optionee, except on account of the Optionee’s Permanent and Total Disability or death.
Appears in 3 contracts
Samples: Stock Option Agreement (Neulion, Inc.), Incentive Stock Option Agreement (Cyalume Technologies Holdings, Inc.), Stock Option Agreement (Ambassadors Group Inc)
Restrictions on Transfer of Option. This Agreement and the Option shall not be transferable otherwise than by will or by the laws of descent and distribution distribution, and the Option shall be exercisable, during the Optionee’s lifetime, solely by the Optionee, except on account of the Optionee’s Total and Permanent Disability or death.
Appears in 2 contracts
Samples: Stock Option Agreement (Argyle Security, Inc.), Stock Option Agreement (Argyle Security Acquisition CORP)
Restrictions on Transfer of Option. This Agreement and the Option granted hereunder shall not be transferable otherwise than by will or by the laws of descent and distribution distribution, and the Option shall be exercisable, during the Optionee’s 's lifetime, solely by the Optionee, except on account of the Optionee's Permanent and Total Disability or death.
Appears in 1 contract
Samples: Stock Option Award Agreement (Monarch Properties Inc)
