Common use of Transfer Restriction Clause in Contracts

Transfer Restriction. Unless otherwise permitted by the Committee, the Option is non-transferable, except that, in the event of your death, it may be transferred by will or the laws of descent and distribution. Only you (or your guardian or legal representative) may exercise the Option.

Appears in 6 contracts

Samples: Nonqualified Stock Option Agreement (Neustar Inc), Stock Option Agreement (Bed Bath & Beyond Inc), Stock Option Agreement (Bed Bath & Beyond Inc)

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Transfer Restriction. Unless otherwise permitted by the Committee, the Option is non-transferable, except that, in the event case of your death, it may be transferred by will or the laws of descent and distribution. Only you (or your guardian or legal representative) may exercise the Option.

Appears in 4 contracts

Samples: Stock Option Agreement (Bed Bath & Beyond Inc), Stock Option Agreement (Bed Bath & Beyond Inc), Stock Option Agreement (Bed Bath & Beyond Inc)

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Transfer Restriction. Unless otherwise permitted by the Committee, the Option is non-transferable, except that, that in the event of your death, it may be transferred by will or the laws of descent and distribution. Only you (or your guardian or legal representative) may exercise the Option.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Neustar Inc), Nonqualified Stock Option Agreement (Neustar Inc)

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