Transferability of Options. Except as provided in Section 8.10, during the lifetime of a Grantee, only the Grantee (or, in the event of legal incapacity or incompetency, the Grantee’s guardian or legal representative) may exercise an Option. Except as provided in Section 8.10, no Option shall be assignable or transferable by the Grantee to whom it is granted, other than by will or the laws of descent and distribution.
Appears in 6 contracts
Samples: 2022 Equity Incentive Plan (BrightSpire Capital, Inc.), Equity Incentive Plan (RLJ Lodging Trust), Equity Incentive Plan (QTS Realty Trust, Inc.)
Transferability of Options. Except as provided in Section 8.107.10, during the lifetime of a Grantee, only the Grantee (or, in the event of legal incapacity or incompetency, the Grantee’s guardian or legal representative) may exercise an Option. Except as provided in Section 8.107.10, no Option shall be assignable or transferable by the Grantee to whom it is granted, other than by will or the laws of descent and distribution.
Appears in 3 contracts
Samples: 2008 Stock Incentive Plan (First Western Financial Inc), 2004 Stock Incentive Plan (MAKO Surgical Corp.), 2004 Stock Incentive Plan (MAKO Surgical Corp.)
Transferability of Options. Except as provided in Section 8.10, during the lifetime of a Grantee, only the Grantee (or, in the event of legal incapacity or incompetency, the Grantee’s 's guardian or legal representative) may exercise an Option. Except as provided in Section 8.10, no Option shall be assignable or transferable by the Grantee to whom it is granted, other than by will or the laws of descent and distribution.
Appears in 3 contracts
Samples: Merger Agreement (Enterprise Acquisition Corp.), 2008 Omnibus Incentive Plan (Colonial Properties Trust), 2009 Stock Incentive Plan (China Armco Metals, Inc.)
Transferability of Options. Except as provided in Section 8.10, during the lifetime of a Grantee, only the Grantee (or, in the event of legal incapacity or incompetencyincompetence, the Grantee’s guardian or legal representative) may exercise an Option. Except as provided in Section 8.10, no Option shall be assignable or transferable by the Grantee to whom it is granted, other than by will or the laws of descent and distribution.
Appears in 1 contract
Samples: 2005 Omnibus Long Term Incentive Plan (Under Armour, Inc.)
Transferability of Options. Except as provided in Section 8.10, during the lifetime of a GranteeGrantee of an Option, only the Grantee (or, in the event of such Grantee's legal incapacity or incompetency, the Grantee’s 's guardian or legal representative) may exercise an such Option. Except as provided in Section 8.10, no Option shall be assignable or transferable by the Grantee to whom it is granted, other than by will or the laws of descent and distribution.
Appears in 1 contract
Samples: Non Qualified Stock Option Transfer Agreement (Walker & Dunlop, Inc.)
Transferability of Options. Except as provided in Section 8.10, during During the lifetime of a Grantee, only the Grantee (or, in the event of legal incapacity or incompetency, the Grantee’s guardian or legal representative) may exercise an Option. Except as provided in Section 8.10, no No Option shall be assignable or transferable by the Grantee to whom it is granted, other than by will or the laws of descent and distribution.
Appears in 1 contract
Transferability of Options. Except as provided in Section 8.108.2, during the lifetime of a Grantee, only the Grantee (or, in the event of legal incapacity or incompetency, the Grantee’s guardian or legal representative) may exercise an Option. Except as provided in Section 8.108.2, no Option shall be assignable or transferable by the Grantee to whom it is granted, other than by will will, or the laws of descent and distribution.
Appears in 1 contract
Samples: Unit Incentive Plan (Zevia PBC)
