Common use of Death of Optionee; No Assignment Clause in Contracts

Death of Optionee; No Assignment. The rights of the Optionee under this Agreement may not be assigned or transferred except by will or by the laws of descent and distribution, and may be exercised during the lifetime of the Optionee only by such Optionee. Any attempt to sell, pledge, assign, hypothecate, transfer or dispose of this Option in contravention of this Agreement shall be void and shall have no effect. If the Optionee should die prior to the termination of this Option, Optionee's legal representative, his or her legates, or the person who acquired the right to exercise this Option by reason of the death of the Optionee (individually, a "Successor") shall succeed to the Optionee's rights and obligations under this Agreement. After the death of the Optionee, only a Successor may exercise this Option.

Death of Optionee; No Assignment. The rights of the Optionee under this Agreement may not be assigned or transferred except by will or by the laws of descent and distribution, and may be exercised during the lifetime of the Optionee only by such Optionee. Any attempt to sell, pledge, assign, hypothecate, transfer or dispose of this Option in contravention of this Agreement or the Plan shall be void and shall have no effect. If In the Optionee should die prior to event of the termination of this OptionOptionee’s death, Optionee's ’s legal representative, his or her legateslegatee, or the person who acquired the right to exercise this Option by reason of the death of the Optionee (individually, a "“Successor"”) shall succeed to the Optionee's ’s rights and obligations under this Agreement. After the death of the Optionee, only a Successor may exercise this Option.

Death of Optionee; No Assignment. The rights of the Optionee under -------------------------------- this Agreement may not be assigned or transferred except by will or by the laws of descent and distribution, and may be exercised during the lifetime of the Optionee only by such Optionee. Any attempt to sell, pledge, assign, hypothecate, transfer or dispose of this Option in contravention of this Agreement shall be void and shall have no effect. If the Optionee should die prior to the termination Optionee's Continuous Service terminates as a result of this Optionhis or her death, Optionee's legal representative, his or her legateslegatee, or the person who acquired the right to exercise this Option by reason of the death of the Optionee (individually, a "Successor") shall succeed to the Optionee's rights and obligations under this Agreement. After the death of the Optionee, only a Successor may exercise this Option.