Restrictions on Transferability of Option. This Option may not be transferred by the Grantee other than by will or the laws of descent and distribution and may be exercised during the Grantee’s lifetime only by the Grantee or the Grantee’s guardian or legal representative subject to the limitations herein.
Appears in 5 contracts
Samples: Employment Agreement (Texas Rare Earth Resources Corp.), Stock Option Agreement (Dakota Territory Resource Corp), Stock Option Agreement (Texas Rare Earth Resources Corp.)
Restrictions on Transferability of Option. This Option may not be transferred by the Grantee other than by will or the laws of descent and distribution and may be exercised during the Grantee’s 's lifetime only by the Grantee or the Grantee’s 's guardian or legal representative subject to the limitations hereinrepresentative.
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement (Big Buck Brewery & Steakhouse Inc), Non Qualified Stock Option Agreement (Big Buck Brewery & Steakhouse Inc), Non Qualified Stock Option Agreement (Big Buck Brewery & Steakhouse Inc)
