Non-Transferability of Options. The Option may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent or distribution and may be exercised, during the lifetime of the Optionee, only by the Optionee.
Appears in 14 contracts
Samples: Stock Option Agreement (Medicalcv Inc), Nonstatutory Stock Option Agreement (Elecsys Corp), Incentive Stock Option Agreement (Elecsys Corp)
Non-Transferability of Options. The Option may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent and distribution or distribution pursuant to a qualified domestic relations order and may be exercised, during the lifetime of the Optionee, only by the Optionee.
Appears in 6 contracts
Samples: Stock Option Agreement (Granite City Food & Brewery LTD), Founders Food & Firkins LTD /Mn, Founders Food & Firkins LTD /Mn
Non-Transferability of Options. The Option may Options shall not be soldtransferable, pledgedeither voluntarily or by operation of law, assigned, hypothecated, transferred, or disposed of in any manner other otherwise than by will or by the laws of descent or and distribution and may shall be exercised, exercisable during the Optionee's lifetime of the Optionee, only by the Optionee.
Appears in 5 contracts
Samples: Consulting Agreement (Vital Living Inc), Consulting Agreement (Vital Living Inc), Nonqualified Stock Option Agreement (Vital Living Inc)
Non-Transferability of Options. The Except to the extent expressly provided in Section 10(b) above, the Option may not be sold, pledged, assigned, hypothecated, transferred, transferred or disposed of in any manner other than by will or by the laws of descent or distribution and may be exercised, during the lifetime of the Optionee, only by the Optionee.
Appears in 4 contracts
Samples: Stock Option Agreement (Chase Cheryl A), Stock Option Agreement (Chase Arnold L), Stock Option Agreement (Chase Arnold L)
Non-Transferability of Options. The An Option may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent or distribution and may be exercised, during the lifetime of the OptioneeParticipant, only by the OptioneeParticipant.
Appears in 3 contracts
Samples: Award Agreement (Polycom Inc), Award Agreement (Polycom Inc), Award Agreement (Polycom Inc)
Non-Transferability of Options. The Option may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent or distribution and may be exercised, during the lifetime of the Optionee, only by the Optionee.
Appears in 3 contracts
Samples: Nonstatutory Stock Option Agreement (Airport Systems International Inc), Nonstatutory Stock Option Agreement (Airport Systems International Inc), Nonstatutory Stock Option Agreement (Airport Systems International Inc)
Non-Transferability of Options. The Option may Options shall not be soldtransferable, pledgedeither voluntarily or by operations of law, assigned, hypothecated, transferred, or disposed of in any manner other otherwise than by will or by the laws of descent or and distribution and may shall be exercised, exercisable during the Optionee's lifetime of the Optionee, only by the Optionee.
Appears in 2 contracts
Samples: Stock Option Agreement (Optimumcare Corp /De/), Stock Option Agreement (Optimumcare Corp /De/)
Non-Transferability of Options. The Option Options may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent or distribution and may be exercised, during the lifetime of the Optionee, only by the Optionee.
Appears in 2 contracts
Samples: Seagate Technology (Seagate Technology Inc), Seagate Technology Inc
Non-Transferability of Options. The An Option may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent or distribution and may be exercised, during the lifetime of the Optionee, only by the Optionee.
Appears in 2 contracts
Samples: cypress.gcs-web.com, Nonqualified Stock Option Agreement (First Horizon Pharmaceutical Corp)
Non-Transferability of Options. The Option may not be sold, pledged, assigned, hypothecated, transferred, transferred or disposed of in any manner other than by will or by the laws of descent or distribution and may be exercised, during the lifetime of the Optionee, only by the Optionee.
Appears in 1 contract
Samples: Director Stock Option Agreement (First International Bancorp Inc)
Non-Transferability of Options. The Option may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent or distribution and may be exercised, during the lifetime of the OptioneeOption Holder, only by the OptioneeOption Holder.
Appears in 1 contract
Samples: Vital Images Inc
Non-Transferability of Options. The Option may not be sold, pledged, ------------------------------ assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent or distribution and may be exercised, during the lifetime of the Optionee, only by the Optionee.
Appears in 1 contract
