Restrictions on Transfer of Option. The Option evidenced hereby is non-transferable other than by will or the laws of descent and distribution, and shall be exercisable during the lifetime of Optionee only by Optionee (or, in the event of Optionee's death or disability, by a permitted Transferee).
Appears in 6 contracts
Samples: Non Qualified Stock Option Agreement (Valuestar Corp), Non Qualified Stock Option Agreement (Valuestar Corp), Non Qualified Stock Option Agreement (Valuestar Corp)
Restrictions on Transfer of Option. The Option evidenced hereby is non-non transferable other than by will or the laws of descent and distribution, and shall be exercisable during the lifetime of Optionee only by Optionee (or, in the event of Optionee's death or disabilityDisability, by a permitted Transferee).
Appears in 5 contracts
Samples: Non Qualified Stock Option Agreement (Florafax International Inc), Non Qualified Stock Option Agreement (Gerald Stevens Inc/), Non Qualified Stock Option Agreement (Florafax International Inc)
Restrictions on Transfer of Option. The Option evidenced hereby is non-transferable nontransferable other than by will or the laws of descent and distribution, and shall be exercisable during the lifetime of Optionee only by Optionee (oror the Transferee, if one has been appointed in the event of Optionee's death or disability, by a permitted TransfereeDisability).
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