Common use of Restrictions on Transfer of Option Clause in Contracts

Restrictions on Transfer of Option. This Option is not transferable by Optionee other than by will or the laws of descent and distribution and is exercisable only by the Optionee during his lifetime except as provided in Section 4.2. above. In accordance with the Plan, the Option and the Shares underlying the Option shall not be available for the debts or obligations of the Optionee, nor shall it be subject to disposition by transfer, alienation, pledge, or other means of disposition, whether voluntary or involuntary or by operation of law through judgment, levy, attachment, garnishment, or other legal proceeding (including bankruptcy).

Restrictions on Transfer of Option. This Option is not transferable by Optionee other than by will or without the laws prior written consent of descent and distribution the Company and is exercisable only by the Optionee during his the Employee lifetime except as provided in Section 4.2. above. In accordance with the Plan, the Option and the Shares underlying the Option shall not be available for the debts or obligations of the Optionee, nor shall it be subject to disposition by transfer, alienation, pledge, pledge or other means of disposition, whether voluntary or involuntary involuntary, or by operation of law through judgment, levy, attachment, garnishment, garnishment or other legal proceeding (including bankruptcy).

Restrictions on Transfer of Option. This Option is not transferable by Optionee without the prior written consent of the Company, other than by will or the laws of descent and distribution and is exercisable only by the Optionee during his or her lifetime except as provided in Section 4.2. above. In accordance with the Plan, the The Option and the Shares underlying the Option shall not be available for the debts or obligations of the Optionee, nor shall it be subject to disposition by transfer, alienation, pledge, pledge or other means of disposition, whether voluntary or involuntary involuntary, or by operation of law through judgment, levy, attachment, garnishment, garnishment or other legal proceeding (including bankruptcy).

Restrictions on Transfer of Option. This Option is not transferable by Optionee other than by will or the laws of descent and distribution and is exercisable only by the Optionee during his or her lifetime except as provided in Section 4.2. above. In accordance with the Plan, the Option and the Shares underlying the Option shall not be available for the debts or obligations of the Optionee, nor shall it be subject to disposition by transfer, alienation, pledge, pledge or other means of disposition, whether voluntary or involuntary involuntary, or by operation of law through judgment, levy, attachment, garnishment, garnishment or other legal proceeding (including bankruptcy).

Restrictions on Transfer of Option. This Option is not transferable by Optionee other than by will or the laws of descent and distribution and is exercisable only by the Optionee during his lifetime except as provided in Section 4.2. above. In accordance with the Plan, the Option and the Shares underlying the Option shall not be available for the debts or obligations of the Optionee, nor shall it be subject to disposition by transfer, alienation, pledge, pledge or other means of disposition, whether voluntary or involuntary involuntary, or by operation of law through judgment, levy, attachment, garnishment, garnishment or other legal proceeding (including bankruptcy).