Related Clauses

Transferability of Options
Nontransferability of Option
Non-Transferability of Option
Nontransferability of Options
Non-Transferability of Options
Transferability of Award
Nontransferability of Shares
Transferability of Warrant
NONTRANSFERABILITY OF THE OPTION
Non-Transferability of Award

Parent Clauses

Grant of Option
Miscellaneous
General
Other Provisions
Additional Terms and Conditions of Option
Transfer
Agreement
Definitions
Method of Exercise Payment Issuance of New Option Transfer and Exchange
Counterparts

Sub-Clauses

ABSENCE OF BENEFICIARY
CREDITOR STATUS
In General
Limited Transferability of Option
Option Generally Non-Transferable
General
Generally
Transfers to Family Members
Dispositions to Beneficiaries
Legal Restrictions on Transferability and Exercise

Transferability of Option. The Option shall not be transferable except by will or the laws of descent and distribution, and any attempt to do so shall void the Option.

Appears in 23 contracts

Samples: Stock Option Agreement (McEwen Mining Inc.), Stock Option Agreement (PetroShare Corp.), Stock Option Agreement (PetroShare Corp.)

Transferability of Option. The Option shall not be transferable except by ~~will or~~ the laws of descent and ~~distribution,~~ distribution and any attempt to do so shall void the Option. 9.

Appears in 10 contracts

Samples: Option Agreement (Pollution Research & Control Corp /Ca/), Option Agreement (Pollution Research & Control Corp /Ca/), Option Agreement (Pollution Research & Control Corp /Ca/)

Transferability of Option. ~~The~~ This Option shall not be assignable or transferable ~~except~~ by the Optionee, other than by will or the laws of descent and distribution~~, and any attempt to do so shall void the Option~~.

Appears in 7 contracts

Samples: Time Based Incentive Stock Option Agreement (FGX International Holdings LTD), Vesting Incentive Stock Option Agreement (FGX International Holdings LTD), Incentive Stock Option Agreement (FGX International Holdings LTD)

Transferability of Option. The Option shall not be transferable except by will or the laws of descent and distribution, and any attempt to do so shall void the Option. Any transfer by will or intestate laws shall be subject to the provisions of Paragraph 7.

Appears in 3 contracts

Samples: Stock Option Agreement (Mediacomm Broadcasting Systems Inc), Stock Option Agreement (Mediacomm Broadcasting Systems Inc), Stock Option Agreement (Mediacomm Broadcasting Systems Inc)

Transferability of Option. The Option shall not be transferable except by will or the laws of descent and ~~distribution~~distribu-tion, and any attempt to do so shall void the Option.

Appears in 1 contract

Samples: Stock Option Agreement (Chembio Diagnostics, Inc.)

Transferability of Option. The Option shall not be transferable except by ~~will or~~ the laws of descent and ~~distribution,~~ distribution and any attempt to do so shall void the Option.

Appears in 1 contract

Samples: Option Agreement (Pollution Research & Control Corp /Ca/)

Common use of Transferability of Option Clause in Contracts