Common use of Transfer of Option Clause in Contracts

Transfer of Option. Other than as expressly permitted by the provisions of Section 7.1(f) of the Plan, the Option may not be transferred except by will or the laws of descent and distribution and, during the lifetime of the Optionee, may be exercised only by the Optionee.

Appears in 27 contracts

Samples: Non Statutory Stock Option Agreement (Amicus Therapeutics, Inc.), Stock Option Agreement (Amicus Therapeutics, Inc.), Non Qualified Stock Option Agreement (Amicus Therapeutics, Inc.)

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Transfer of Option. Other than as expressly permitted by the provisions of Section 7.1(f) 6.4 of the Plan, the Option may not be transferred except by will or the laws of descent and distribution and, during the lifetime of the Optionee, may be exercised only by the Optionee.

Appears in 15 contracts

Samples: Stock Option Agreement (Netlist Inc), Stock Option Agreement (Netlist Inc), Stock Option Agreement (Netlist Inc)

Transfer of Option. Other than Except as expressly permitted by the provisions of otherwise provided in Section 7.1(f6.3 (and, if applicable, Section 15.4) of the Plan, the Option Optionee may not be transferred transfer this Option except by will or the laws of descent and distribution distribution, and, during the lifetime of Optionee’s lifetime, only the Optionee, Optionee may be exercised only by the Optioneeexercise this Option.

Appears in 12 contracts

Samples: Kayak Software (KAYAK SOFTWARE Corp), Kayak Software (KAYAK SOFTWARE Corp), Kayak Software (KAYAK SOFTWARE Corp)

Transfer of Option. Other than as expressly permitted by the provisions of Section 7.1(f) 7.6 of the Plan, the Option may not be transferred except by will or the laws of descent and distribution and, during the lifetime of the Optionee, may be exercised only by the Optionee.

Appears in 10 contracts

Samples: Incentive Stock Option Agreement (Body Central Acquisition Corp), Incentive Stock Option Agreement (Body Central Acquisition Corp), Incentive Stock Option Agreement (Body Central Acquisition Corp)

Transfer of Option. Other than as expressly permitted by the provisions of Section 7.1(f) of the Plan, the The Option may not be transferred except by will or the laws of descent and distribution distribution, and, during the lifetime of the Optionee, may be exercised only by the Optionee, subject to Section 7.2(g) of the Plan.

Appears in 9 contracts

Samples: Incentive Stock Option and Reverse Vesting Agreement, Incentive Stock Option and Reverse Vesting Agreement (ViewRay, Inc.), Incentive Stock Option and Reverse Vesting Agreement (ViewRay, Inc.)

Transfer of Option. Other than as expressly permitted by the provisions of Section 7.1(f) of the Plan, the The Option may not be transferred except by will or the laws Jaws of descent and distribution distribution, and, during the lifetime of the Optionee, may be exercised only by the Optionee, subject to Section 7.2(g) of the Plan.

Appears in 4 contracts

Samples: Nonstatutory Stock Option and Reverse Vesting Agreement (ViewRay, Inc.), Nonstatutory Stock Option and Reverse Vesting Agreement (ViewRay, Inc.), Nonstatutory Stock Option and Reverse Vesting Agreement (Viewray Inc)

Transfer of Option. Other than as expressly permitted by the provisions of Section 7.1(f) 7.7 of the Plan, the Option may not be transferred except by will or the laws of descent and distribution and, during the lifetime of the Optionee, may be exercised only by the Optionee.

Appears in 2 contracts

Samples: Non Statutory Stock Option Agreement (Acme Packet Inc), Non Statutory Stock Option Agreement (Acme Packet Inc)

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Transfer of Option. Other than as expressly permitted by the provisions of Section 7.1(f) of the Plan, the Option may not be transferred except by (i) will or the laws of descent and distribution and, during the lifetime of the Optionee, may be exercised only by the Optionee; or (ii) pursuant to a bona fide divorce agreement or settlement delineating the division of assets between a divorcing Optionee and Optionee’s spouse.

Appears in 1 contract

Samples: Stock Option Agreement (Amicus Therapeutics, Inc.)

Transfer of Option. Other than as expressly permitted by the provisions of Section 7.1(f7.l(f) of the Plan, the Option may not be transferred except by will or the laws of descent and distribution and, during the lifetime of the Optionee, may be exercised only by the Optionee.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Acme Packet Inc)

Transfer of Option. Other than as expressly permitted by the provisions of Section 7.1(f) of the Plan, the This Option may not be transferred except by will or the laws of descent and distribution anddistribution, and during the lifetime of the Optionee, may be exercised only by the Optionee.

Appears in 1 contract

Samples: Stock Option Agreement (Oak Technology Inc)

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