Limits on Transferability. The Option shall not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of, other than by will or the laws of descent and distribution, or as otherwise permitted by the Committee.
Appears in 11 contracts
Sources: Nonqualified Stock Option Agreement (1st Constitution Bancorp), Incentive Stock Option Agreement (1st Constitution Bancorp), Incentive Stock Option Agreement (1st Constitution Bancorp)
Limits on Transferability. The Option shall not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of, other than by will or the laws of descent and distribution, or as otherwise permitted by the CommitteeAdministrator.
Appears in 2 contracts
Sources: Incentive Stock Option Agreement (Ion Networks Inc), Nonqualified Stock Option Agreement (Ion Networks Inc)
Limits on Transferability. The Option shall not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of, other than by will or the laws of descent and distribution, or as otherwise permitted by the CommitteeBoard.
Appears in 1 contract
Sources: Nonqualified Stock Option Agreement (1st Constitution Bancorp)