Non-Transferability of the Options. During the Vesting Period and until such time as the Options are ultimately exercised as provided herein or on the website of the Plan Administrator, the Options shall not be transferable by the Eligible Individual by means of sale, assignment, exchange, encumbrance, pledge, hedge or otherwise.
Non-Transferability of the Options. The Atlas Energy LLC Options and the AAI Options shall not be transferable except, in the case of your death, by will or the laws of descent and distribution or, during your lifetime, to your "family member" (as defined in Form S-8) through gift or domestic relations order as permitted by Form S-8 (as currently in effect or as it may be amended), nor shall such Securities be subject to attachment, execution or other similar process.
Non-Transferability of the Options. Except as otherwise provided in this Agreement and the Plan, the Options shall not be transferable other than by will or the laws of descent and distribution, and the Option may be exercised, during the lifetime of Participant, only by Participant or duly the appointed representative of Participant in the event of Participant’s Disability or death. More particularly (but without limiting the generality of the foregoing), the Option may not be assigned, transferred (except as provided above), pledged or hypothecated in any way, shall not be assignable by operation of law and shall not be subject to execution, attachment, or similar process. Any attempted assignment, transfer, pledge, hypothecation or other disposition of the Option contrary to the provisions hereof shall be null and void and without effect.
Non-Transferability of the Options. Subject to Article 5, the Options may be exercised during the lifetime of the Optionee only by the Optionee and may not be assigned or transferred in any manner except to Mr. Avi Kostelitz or any entity fully controlled by Xx. Xxxxxxxxx, directly or indirectly, by will or by the laws of descent and distribution unless otherwise agreed by the Company in writing. .
Non-Transferability of the Options. The rights of the Beneficiary under the Options are granted personally thereto and are non-transferable and non-negotiable.
Non-Transferability of the Options. The Options shall be of a completely personal nature and therefore may not be transferred to third parties except in the cases and on the terms and conditions set out in this document.
Non-Transferability of the Options. Except as provided in the Letter of Invitation, the Options shall be of a completely personal nature and therefore may not be transferred to third parties except in the cases and on the terms and conditions set out in this document or the applicable Letter of Invitation.
