Limited Transferability. During Optionee’s lifetime, this option shall be exercisable only by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s death.
Appears in 13 contracts
Samples: Incentive Stock Option Agreement (United Fuel & Energy Corp), Stock Option Agreement (CTC Media, Inc.), Stock Option Agreement (CTC Media, Inc.)
Limited Transferability. During Optionee’s 's lifetime, this option ----------------------- shall be exercisable only by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s 's death.
Appears in 5 contracts
Samples: Actuate Software Corporation Stock Option Agreement (Actuate Corp), Stock Option Agreement (Prime Response Group Inc/De), Stock Option Agreement (Sequenom Inc)
Limited Transferability. During Optionee’s 's lifetime, this option shall be exercisable only by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s 's death.
Appears in 5 contracts
Samples: Stock Option Agreement (E Trade Group Inc), Stock Purchase Agreement (Caneum Inc), Stock Option Agreement (Ocen Communications Inc)
Limited Transferability. During Optionee’s lifetime, this This option shall be exercisable only neither ----------------------- transferable nor assignable by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s death's death and may be exercised, during Optionee's lifetime, only by Optionee.
Appears in 4 contracts
Samples: Option Agreement (Corsair Communications Inc), Stock Option Agreement (Corsair Communications Inc), Stock Option Agreement (Cuc International Inc /De/)
Limited Transferability. During Optionee’s lifetime, this This option shall be exercisable only neither transferable nor assignable by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution inheritance following Optionee’s deathdeath and may be exercised, during Optionee’s lifetime, only by Optionee.
Appears in 4 contracts
Samples: Stock Option Agreement (PharmaNet Development Group Inc), Stock Option Agreement (Senesco Technologies Inc), Global Stock Option Agreement (Sandisk Corp)
Limited Transferability. During Optionee’s lifetime, this This option shall be exercisable only neither transferable nor assignable by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s deathdeath and may be exercised, during Optionee’s lifetime, only by Optionee.
Appears in 4 contracts
Samples: Stock Option Agreement (I2 Technologies Inc), Stock Option Agreement (I2 Technologies Inc), Stock Option Agreement (I2 Technologies Inc)
Limited Transferability. During Optionee’s lifetime, this option This Option shall be exercisable only by Optionee during Optionee’s lifetime and shall not be assignable transferable or transferable assigned by Optionee other than by will or by the laws of descent and distribution following Optionee’s death.
Appears in 3 contracts
Samples: Stock Option Agreement (Tenax Therapeutics, Inc.), Executive Employment Agreement (Oxygen Biotherapeutics, Inc.), Executive Employment Agreement (Oxygen Biotherapeutics, Inc.)
Limited Transferability. During Optionee’s lifetime, this option The Option shall be exercisable only by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s 's death.
Appears in 3 contracts
Samples: Stock Option Agreement (CTC Media, Inc.), Stock Option Agreement (CTC Media, Inc.), Stock Option Agreement (CTC Media, Inc.)
Limited Transferability. During Optionee’s lifetime, this This option shall be exercisable only neither transferable nor assignable by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s death's death and may be exercised, during Optionee's lifetime, only by Optionee.
Appears in 3 contracts
Samples: Stock Option Agreement (Actionpoint Inc), Westaff Inc, Discovery Laboratories Inc /De/
Limited Transferability. During Optionee’s lifetime, this A. This option shall be exercisable only neither transferable nor assignable by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution inheritance following Optionee’s deathdeath and may be exercised, during Optionee’s lifetime, only by Optionee.
Appears in 3 contracts
Samples: Grant Agreement (Ultratech Inc), Employment Agreement (Ultratech Inc), Grant Agreement (Ultratech Inc)
Limited Transferability. During Optionee’s lifetime(a) Except as otherwise provided in this Section 3, this option shall be exercisable only neither transferable nor assignable by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s deathdeath and may be exercised, during Optionee’s lifetime, only by Optionee.
Appears in 3 contracts
Samples: New Beginnings Acquisition Corp., New Beginnings Acquisition Corp., New Beginnings Acquisition Corp.
Limited Transferability. During Optionee’s 's lifetime, this option ----------------------- shall be exercisable only by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s death's death .
Appears in 2 contracts
Samples: Prime Response (Prime Response Inc/De), Prime Response (Prime Response Group Inc/De)
Limited Transferability. During Optionee’s lifetime, this option Option shall be exercisable only by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s death.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (United Fuel & Energy Corp), Incentive Stock Option Agreement (United Fuel & Energy Corp)
Limited Transferability. During Optionee’s lifetime, this This option shall be exercisable only by ----------------------- Optionee during Optionee's lifetime and shall not be transferable or assignable or transferable by Optionee other than by will or by the laws of descent and distribution following Optionee’s 's death.
Appears in 2 contracts
Samples: Stock Option Agreement (Microelectronic Packaging Inc /Ca/), Stock Option Agreement (Meltronix Inc)
Limited Transferability. During Optionee’s lifetime, this This option shall be exercisable only by Optionee during Optionee's lifetime and shall not be transferable or assignable or transferable by Optionee other than by will or by the laws of descent and distribution following Optionee’s 's death.
Appears in 2 contracts
Samples: Stock Option Agreement (Quickresponse Services Inc), Stock Option Agreement (Quickresponse Services Inc)
Limited Transferability. During the Optionee’s 's lifetime, this ----------------------- option shall be exercisable only by Optionee and shall not be transferable or assignable or transferable other than by Optionee except for a transfer of this option by will or by the laws of descent and distribution following Optionee’s 's death.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Alexander & Baldwin Inc), Non Qualified Stock Option Agreement (Alexander & Baldwin Inc)
Limited Transferability. During Optionee’s lifetime, this option the Option shall be exercisable only by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s death, except that the Option is transferable to members of Optionee’s immediate family or to trusts or partnerships formed for the benefit of Optionee or members of Optionee’s immediate family.
Appears in 2 contracts
Samples: Employment Agreement (Micromuse Inc), Employment Agreement (Micromuse Inc)
Limited Transferability. During Optionee’s lifetime, this This option shall be exercisable only neither transferable ----------------------- nor assignable by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following and may be exercised, during Optionee’s death's lifetime, only by Optionee or the Optionee's guardian or legal representative.
Appears in 2 contracts
Samples: Agile Software (Agile Software Corp), Nonstatutory Stock Option Agreement (Agile Software Corp)
Limited Transferability. During Optionee’s lifetime, this This option shall be exercisable only neither transferable nor assignable by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following the Optionee’s death's death and may be exercised, during Optionee's lifetime, only by Optionee.
Appears in 1 contract
Samples: Stock Option Agreement (Oncor Inc)
Limited Transferability. During Optionee’s lifetime, this (a) This option shall be exercisable only neither transferable nor assignable by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution inheritance following Optionee’s deathdeath and may be exercised, during Optionee’s lifetime, only by Optionee.
Appears in 1 contract
Limited Transferability. During the Optionee’s 's lifetime, this option the Option ----------------------- shall be exercisable only by the Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following the Optionee’s 's death.
Appears in 1 contract
Samples: Staar Surgical Company Stock Option Plan and Agreement (Staar Surgical Company)
Limited Transferability. During Optionee’s lifetime, this option Option shall be exercisable only by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution inheritance following Optionee’s death.
Appears in 1 contract
Samples: Stock Option Agreement (Fender Musical Instruments Corp)
Limited Transferability. During the Optionee’s 's lifetime, ----------------------- this option shall be exercisable only by Optionee and shall not be transferable or assignable or transferable other than by Optionee except for a transfer of this option by will or by the laws of descent and distribution following Optionee’s 's death.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Alexander & Baldwin Inc)
Limited Transferability. During Optionee’s lifetime, this option This Option shall be exercisable only neither ----------------------- transferable nor assignable by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s death's death and may be exercised, during Optionee's lifetime, only by Optionee.
Appears in 1 contract
Samples: Stock Option Agreement (Buy Com Inc)
Limited Transferability. During Optionee’s lifetime, this The option shall be exercisable only by Optionee during Optionee’s lifetime and shall not be assignable transferable or transferable assigned by Optionee other than by will or by the laws of descent and distribution following Optionee’s death.
Appears in 1 contract
Limited Transferability. During Optionee’s lifetime, this option shall each Substitute Option may be exercisable exercised only by Optionee and shall not be transferable or assignable or transferable other than by Optionee, except for a transfer of that Substitute Option by will or by the laws of descent and distribution following OptioneeOptonee’s death.
Appears in 1 contract
Limited Transferability. During Optionee’s lifetime, this option This Option shall be exercisable only neither transferable nor assignable by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s death's death and may be exercised, during Optionee's lifetime, only by Optionee.
Appears in 1 contract
Samples: Plan Incentive Stock Option Agreement (1 800 Flowers Com Inc)
Limited Transferability. During Optionee’s lifetime, this This option shall be exercisable only neither transferable ----------------------- nor assignable by Optionee and shall not be assignable or transferable Optionee, other than a transfer of this option effected by will or by the laws of descent and distribution following Optionee’s 's death, and may be exercised, during Optionee's lifetime, only by Optionee.
Appears in 1 contract
Samples: Microelectronic Packaging Inc /Ca/
Limited Transferability. During Optionee’s lifetime, this This option shall be exercisable only neither transferable nor assignable by Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution following Optionee’s death's death and may be exercised, during Optionee's lifetime, only by Optionee, provided that this option may be assigned to a revocable inter vivos trust established for the benefit of Optionee.
Appears in 1 contract
