Assignment and Transferability. Notwithstanding anything to the contrary in this Agreement, neither the Option, this Agreement nor any rights granted herein shall be assignable or transferable by the Optionee, other than by will or the laws of descent or distribution, or as otherwise determined by the Committee for estate planning purposes.
Appears in 2 contracts
Samples: 2016 Equity Incentive Plan (Nuvectra Corp), Nonqualified Stock Option Agreement (Nuvectra Corp)
Assignment and Transferability. Notwithstanding anything to the contrary in this Agreement, neither the Option, this Agreement nor any rights granted herein shall be assignable or transferable by the Optionee, other than by will or the laws of descent or distribution, or as otherwise determined by the Committee Administrator for estate planning purposes.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Enovation Controls, Inc.), Omnibus Incentive Plan (JGWPT Holdings Inc.)