Common use of Transfer of Option Clause in Contracts

Transfer of Option. The Option may not be transferred, in whole or in ------------------ part. In the event of the death or final determination of legal incapacity of the Holder during such time as the Holder shall possess the Option granted hereunder, the personal representative of the Holder may, for a period of ninety (90) days following the date of death or final determination of legal incapacity, exercise the Option to the extent that the Holder was entitled to exercise the Option on such date. Any person so desiring to exercise the Option shall be required, as condition to the exercise of the Option, to furnish to the Company such documentation as the company shall deem necessary to evident the authority of such person to exercise the Option on behalf of the Holder.

Transfer of Option. The Option may not be transferred, in whole or in ------------------ part. In the event of the death or final determination deter- mination of legal incapacity of the Holder during such time as the Holder shall possess the Option granted hereunder, the personal per- sxxxx representative of the Holder may, for a period of ninety (90) days following the date of death or final determination of legal incapacity, exercise the Option to the extent that the Holder Hol- der was entitled to exercise the Option on such date. Any person so desiring to exercise the Option shall be required, as condition a condi tion to the exercise of the Option, to furnish to the Company such documentation as the company Company shall deem necessary to evident evi- dence the authority of such person to exercise the Option on behalf be- half of the Holder.

Transfer of Option. The Option may not be transferred, in whole or in ------------------ part. In the event of the death or final determination deter- mination of legal incapacity of the Holder during such time as the Holder shall possess the Option granted hereunder, the personal per- sxxxx representative of the Holder may, for a period of ninety (90) days following the date of death or final determination of legal incapacity, exercise the Option to the extent that the Holder Hol- der was entitled to exercise the Option on such date. Any person so desiring to exercise the Option shall be required, as condition a condi tion to the exercise of the Option, to furnish to the Company such documentation as the company Company shall deem necessary to evident evid- ence the authority of such person to exercise the Option on behalf be- half of the Holder.

Transfer of Option. The Option may not be transferred, in whole or in ------------------ part. ------------------ In the event of the death or final determination of legal incapacity of the Holder during such time as the Holder shall possess the Option granted hereunder, the personal representative of the Holder may, for a period of ninety (90) days following the date of death or final determination of legal incapacity, exercise the Option to the extent that the Holder was entitled to exercise the Option on such date. Any person so desiring to exercise the Option shall be required, as condition to the exercise of the Option, to furnish to the Company such documentation as the company shall deem necessary to evident the authority of such person to exercise the Option on behalf of the Holder.