Common use of Transferability of Option Clause in Contracts

Transferability of Option. This Option may be transferred in any manner by will or the laws of descent or distribution and may be exercised during the lifetime of the OPTIONEE by an assignee of the OPTIONEE.

Appears in 30 contracts

Samples: Non Qualified Stock Option Agreement (Veterinary Pet Services Inc), Non Qualified Stock Option Agreement (Renaissance Golf Products Inc), Non Statutory Stock Option Agreement (Metalclad Corp)

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Transferability of Option. This Option may be transferred in any manner by will or the laws of descent or distribution and may be exercised during the lifetime of the OPTIONEE Optionee only by an assignee the Optionee and may not be transferred in any manner other than by will or by the laws of descent and distribution. The terms of this Option shall be binding upon the executors, administrators, heirs and successors of the OPTIONEEOptionee.

Appears in 3 contracts

Samples: Stock Option Agreement (8x8 Inc /De/), Stock Option Agreement (8x8 Inc /De/), Stock Option Agreement (8x8 Inc /De/)

Transferability of Option. This Option may be transferred in any manner by will or the laws of descent or distribution and may be exercised during the lifetime of the OPTIONEE or by an assignee of the OPTIONEE.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Renaissance Golf Products Inc), Non Qualified Stock Option Agreement (Renaissance Golf Products Inc), Non Qualified Stock Option Agreement (Renaissance Golf Products Inc)

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Transferability of Option. This Option may be transferred in any manner by will or the laws of descent or distribution and may be exercised during the lifetime of the OPTIONEE by an assignee of the OPTIONEE.. EXHIBIT "A" Page 1 of Two

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Renaissance Golf Products Inc)

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