Common use of Transfer of Options Clause in Contracts

Transfer of Options. The Option may not be transferred except by will or the laws of descent and distribution and, during the lifetime of the Optionee, may be exercised only by the Optionee or by the Optionee's legally authorized representative.

Appears in 21 contracts

Samples: Non Qualified Stock Option Agreement (Mobility Electronics Inc), Non Qualified Stock Option Agreement (Mobility Electronics Inc), Non Qualified Stock Option Agreement (Mobility Electronics Inc)

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Transfer of Options. The Option may not be transferred except by will or the laws of descent and distribution and, during the lifetime of the Optionee, may be exercised only by the Optionee or by the Optionee's ’s legally authorized representative.. NONQUALIFIED STOCK OPTION AGREEMENT

Appears in 11 contracts

Samples: Incentive Stock Option Agreement (Azz Inc), Incentive Stock Option Agreement (Azz Inc), Incentive Stock Option Agreement (Azz Inc)

Transfer of Options. The Option may not be transferred except by will or the laws of descent and distribution and, during the lifetime of the Optionee, may be exercised only by the Optionee or by the Optionee's ’s legally authorized representative.

Appears in 4 contracts

Samples: Incentive Stock Option Agreement (Azz Inc), Incentive Stock Option Agreement (Azz Inc), Incentive Stock Option Agreement (Azz Inc)

Transfer of Options. The Option may This option is not be transferred except assignable or transferable by the Optionee otherwise than by will or the laws of descent and distribution and, and during the lifetime of the Optionee, Optionee may be only by exercised only by the Optionee or by the Optionee's his legally authorized representative.

Appears in 4 contracts

Samples: Employment Agreement (E-Dentist Com Inc), Employment Agreement (E-Dentist Com Inc), Employment Agreement (Ilinc Communications Inc)

Transfer of Options. The This Option may not be transferred except by will or the laws of descent and distribution distribution, and, during the lifetime of the Optionee, may be exercised only by the Optionee or by the Optionee's legally authorized representative.

Appears in 3 contracts

Samples: Stock Option Agreement (Xionics Document Technologies Inc), Paperexchange Com Inc, Paperexchange Com Inc

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Transfer of Options. The Option may not be transferred except other than by will or the laws of descent and distribution and, and may be exercised during the lifetime of the Optionee, may be exercised an Optionee only by the that Optionee or by the Optionee's his legally authorized representative.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (National Scientific Corp/Az)

Transfer of Options. The Option may not be transferred transferred, except by will or the laws of descent and distribution and, during the lifetime of the Optionee, may be exercised only by the Optionee or by the Optionee's legally authorized representative.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Hunt William O)

Transfer of Options. The This Option may not be transferred except by will or the laws of descent and distribution distribution, and, during the lifetime of the Optionee, may be exercised only by the Optionee or by the Optionee's legally authorized representative.. [LETTER FOOT OF XIONICS]

Appears in 1 contract

Samples: Stock Option Agreement (Xionics Document Technologies Inc)

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