Common use of Transfers Generally Prohibited Clause in Contracts

Transfers Generally Prohibited. Except as otherwise provided by the Option Award Notice or otherwise permitted by the Plan or in the case of a transfer permitted by subsection 3(b) below, the option shall be exercisable only during the Optionee’s lifetime and only by the Optionee. Except as otherwise provided in subsection 3(b) below, the option and the rights and privileges conferred by the option shall not be sold or otherwise Transferred.

Appears in 14 contracts

Samples: Stock Option Agreement, Stock Option Agreement (Magellan Health Inc), Stock Option Agreement (Magellan Health Inc)

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Transfers Generally Prohibited. Except as otherwise provided by the Option Award Notice or otherwise permitted by the Plan or in the case of a transfer permitted by subsection 3(b) belowNotice, the this option shall be exercisable only during the Optionee’s 's lifetime and only by the Optionee. Except as otherwise provided in subsection 3(b) below, the this option and the rights and privileges conferred by the option hereby shall not be sold or otherwise Transferred.

Appears in 5 contracts

Samples: Stock Option Agreement (Magellan Health Services Inc), Magellan Health Services (Magellan Health Services Inc), Stock Option Agreement (Magellan Health Services Inc)

Transfers Generally Prohibited. Except as otherwise provided by the Option Award Notice or otherwise permitted by the terms of the Plan or in the case of a transfer permitted by subsection 3(b) below, the option shall be exercisable only during the Optionee’s 's lifetime and only by the Optionee. Except as otherwise provided in subsection 3(b) below, the option and the rights and privileges conferred by the option shall not be sold or otherwise Transferred.

Appears in 4 contracts

Samples: Option Agreement (Magellan Health Services Inc), Option Agreement (Magellan Health Services Inc), Option Agreement (Magellan Health Services Inc)

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Transfers Generally Prohibited. Except as otherwise provided by the Option Award Notice or otherwise permitted by the Plan or in the case of a transfer permitted by subsection Section 3(b) below, the option shall be exercisable only during the Optionee’s lifetime and only by the Optionee. Except as otherwise provided in subsection Section 3(b) below, the option and the rights and privileges conferred by the option shall not be sold or otherwise Transferred.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Magellan Health Inc), Stock Option Agreement (Magellan Health Inc)

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