TRANSFERABILITY OF THE OPTIONS. (a) The Grantee shall not sell, transfer, assign, pledge or otherwise dispose of (a "Transfer") any interest in any Option with respect to any Unvested Shares. Any Option with respect to any Vested Shares of the Grantee shall not be Transferred other than as a result of the death of such Grantee, testate or intestate, and the restrictions herein shall apply to any Transfer by any such permitted transferee. (b) The Company may assign its rights and delegate its duties under this Agreement.
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Samples: Non Qualified Stock Option Agreement (Lason Inc), Non Qualified Stock Option Agreement (Lason Inc), Non Qualified Stock Option Agreement (Lason Inc)
TRANSFERABILITY OF THE OPTIONS. (a) The Grantee shall not sell, transfer, assign, pledge or otherwise dispose of (a "Transfer") any interest in any Option with respect to any Unvested Shares. Any Option with respect to any Vested Shares of the Grantee shall not be Transferred other than as a result of the death of such Grantee, testate or intestate, and the restrictions herein shall apply to any Transfer by any such permitted transferee.
(b) The Company may assign its rights and delegate its duties under this Agreement.the
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TRANSFERABILITY OF THE OPTIONS. (a) The Grantee shall not sell, transfer, assign, pledge or otherwise dispose of (a "Transfer") any interest in any Option with respect to any Unvested Shares. Any Option with respect to any Vested Shares of the Grantee shall not be Transferred other than as a result of the death of such Grantee, testate or intestate, and the restrictions herein shall apply to any Transfer by any such permitted transferee.. 3
(b) The Company may assign its rights and delegate its duties under this Agreement.
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TRANSFERABILITY OF THE OPTIONS. (a) The Grantee shall not sell, transfer, assign, pledge or otherwise dispose of (a "βTransfer"β) any interest in any Option with respect to any Unvested Shares. Any Option with respect to any Vested Shares of the Grantee shall not be Transferred other than as a result of the death of such Grantee, testate or intestateprovided herein, and the restrictions herein shall apply to any Transfer by any such permitted transferee.
(b) The Company may assign its rights and delegate its duties under this Agreement.
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Samples: Stock Option Agreement (Caraco Pharmaceutical Laboratories LTD)
