Common use of Transferability of Option Clause in Contracts

Transferability of Option. The Option may not be transferred by you (other than by will or the laws of descent and distribution) and may be exercised during your lifetime only by you.

Appears in 19 contracts

Samples: Non Qualified Stock Option Agreement (Prosperity Bancshares Inc), Employment Agreement (Liveperson Inc), Incentive Stock Option Agreement (Acreedo Health Inc)

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Transferability of Option. The This Option may not be transferred by you (other than by will or the applicable laws of descent and distribution) ), and may be exercised during your lifetime only by you.

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (Black Box Corp), Non Qualified Stock Option Agreement (Black Box Corp), Non Qualified Stock Option Agreement (Black Box Corp)

Transferability of Option. The Option You may not be transferred by you transfer the Option (other than by will or the laws of descent and distribution) and ). The Option may be exercised during your lifetime only by you.

Appears in 4 contracts

Samples: Qualified Stock Option Agreement (Centennial Communications Corp /De), Stock Option Agreement (Centennial Communications Corp /De), Option Agreement (BHC Meadows Partner Inc)

Transferability of Option. The This Option may not be transferred by you (other than by will or the laws of descent and distribution) and may be exercised during your lifetime only by you.

Appears in 3 contracts

Samples: Stock Option Agreement (Genicom Corp), Steris Corp, Bisys Group Inc

Transferability of Option. The Option may not be transferred by you ------------------------- (other than by will or the laws of descent and distribution) and may be exercised during your lifetime only by you.

Appears in 1 contract

Samples: Form of Stock Option Agreement (Lifeminders Inc)

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Transferability of Option. The This Option may not be transferred by you except (other than i) to an affiliated person or entity, or (ii) by will or the laws of descent and distribution) , and may be exercised during your lifetime only by youyou or your guardian or conservator or an authorized assignee.

Appears in 1 contract

Samples: Landmark Land Co Inc/De

Transferability of Option. The Option may is not be transferred transferable by you (other than by will or by the laws of descent and distribution) and may be exercised during your lifetime only by you.

Appears in 1 contract

Samples: Stock Option Agreement (Mru Holdings Inc)

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