Common use of Limitations on Transfer Clause in Contracts

Limitations on Transfer. The Option may not be assigned or transferred other than by will, by the laws of descent and distribution, or pursuant to a qualified domestic relations order as defined by the Code, Title I of ERISA or the rules thereunder.

Appears in 14 contracts

Samples: Stock Option Agreement (Mid Atlantic Medical Services Inc), Stock Option Agreement for Employees (Universal Heights Inc), Stock Option Agreement (Mid Atlantic Medical Services Inc)

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Limitations on Transfer. The Option may not be assigned or transferred other than by will, by the laws of descent and distribution, distribution or pursuant to a qualified domestic relations order as defined by the Code, Title I of ERISA or the rules thereunder.

Appears in 5 contracts

Samples: Non Qualified Stock Option Agreement for Employees (Mid Atlantic Medical Services Inc), Non Qualified Stock Option Agreement for Employees (Mid Atlantic Medical Services Inc), Non Qualified Stock Option Agreement (Mid Atlantic Medical Services Inc)

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