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
Sources: Incentive Stock Option Agreement (United Fuel & Energy Corp), Stock Option Agreement (T3 Motion, Inc.), Grant of Stock Option (White Mountain Titanium 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 's death.
Appears in 5 contracts
Sources: Stock Option Agreement (Actuate Corp), Stock Option Agreement (Prime Response Inc/De), Stock Option Agreement (Credence Systems 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 inheritance following Optionee’s deathdeath and may be exercised, during Optionee’s lifetime, only by Optionee.
Appears in 5 contracts
Sources: Stock Option Agreement, Global Stock Option Agreement (Sandisk Corp), Restricted Stock Unit Issuance Agreement (PharmaNet Development Group 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
Sources: Grant of Stock Option (Caneum Inc), Stock Option Agreement (E Trade Group Inc), Stock Option Agreement (Path 1 Network Technologies 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 deathdeath and may be exercised, during Optionee’s lifetime, only by Optionee.
Appears in 4 contracts
Sources: Stock Option Agreement (I2 Technologies Inc), Stock Option Agreement (I2 Technologies Inc), Stock Option Agreement (Genome Therapeutics 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 death's death and may be exercised, during Optionee's lifetime, only by Optionee.
Appears in 4 contracts
Sources: Stock Option Agreement (Corsair Communications Inc), Stock Option Agreement (Emcore Corp), Stock Option Agreement (Cuc International Inc /De/)
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
Sources: 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 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
Sources: Stock Option Agreement (Actionpoint Inc), Stock Option Agreement (Westaff Inc), Stock Option Agreement (Discovery Laboratories Inc /De/)
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
Sources: Stock Option Agreement (CTC Media, Inc.), Stock Option Agreement (CTC Media, Inc.), Stock Option Agreement (CTC Media, 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
Sources: Non Qualified Stock Option Agreement (Alexander & Baldwin Inc), Non Qualified Stock Option Agreement (Alexander & Baldwin Inc)
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
Sources: 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
Sources: 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
Sources: Stock Option Agreement (Quickresponse Services Inc), Stock Option Agreement (Quickresponse Services 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
Sources: Employment Agreement (Micromuse Inc), Employment Agreement (Micromuse 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 death's death .
Appears in 2 contracts
Sources: Stock Option Agreement (Prime Response Group Inc/De), Stock Option Agreement (Prime Response Inc/De)
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
Sources: 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 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. However, Optionee may designate a beneficiary who may exercise the Option or receive compensation under the Option after Optionee's death.
Appears in 1 contract
Sources: Premium Price Option Agreement (Newhall Land & Farming Co /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 the Optionee’s death's death and may be exercised, during Optionee's lifetime, only by Optionee.
Appears in 1 contract
Sources: Stock Option Agreement (Oncor 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
Sources: Automatic Stock Option Agreement (Sunstone Hotel Investors Inc)
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
Sources: Universal Stock Option Agreement for Substitute Options (A & B II, 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 1 contract
Sources: 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
Sources: Incentive Stock Option Agreement (1 800 Flowers Com Inc)
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
Sources: Stock Option Agreement (Fender Musical Instruments Corp)
Limited Transferability. During Optionee’s lifetime, this This option shall be exercisable only neither transferable or 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
Sources: Stock Option Agreement (Sunstone Hotel Investors Inc)
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
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