Non-Transferability. This option shall not be transferable by the Optionee other than by will or by the laws of descent or distribution, and is exercisable during the lifetime of the Optionee only by the Optionee.
Appears in 27 contracts
Samples: Stock Option Agreement (Sed International Holdings Inc), Stock Option Agreement (Protalex Inc), Stock Option Agreement (Newtown Lane Marketing Inc)
Non-Transferability. This option The Option shall not be transferable by the Optionee other otherwise than by will or by the laws of descent or and distribution, and is exercisable the Option may be exercised, during the lifetime of the Optionee Optionee, only by the Optionee.
Appears in 10 contracts
Samples: Incentive Stock Option Agreement (Lifecore Biomedical Inc), Employment Agreement (RTW Inc /Mn/), Employment Agreement (RTW Inc /Mn/)
Non-Transferability. This option The Option shall not be transferable by the Optionee other than by will or by the laws of descent or and distribution, and is exercisable during . During the lifetime of the Optionee Optionee, the Option shall be exercisable only by the Optionee.
Appears in 10 contracts
Samples: Nonqualified Stock Option Agreement for Corporate Officers (Telemundo Group Inc), Nonqualified Stock Option Agreement (Telemundo Group Inc), Nonqualified Stock Option Agreement (Telemundo Group Inc)
Non-Transferability. This option The Option shall not be transferable by the Optionee other otherwise ------------------- than by will or by the laws of descent or and distribution, and is exercisable the Option may be exercised during the lifetime of the Optionee only by the Optionee.
Appears in 10 contracts
Samples: Diamond Brands Incorporated (Diamond Brands Inc), Diamond Brands Incorporated (Diamond Brands Operating Corp), Diamond Brands Incorporated (Diamond Brands Inc)
Non-Transferability. This option shall not be transferable by the Optionee other than by will or by the laws of descent or distribution, and is exercisable during the lifetime of the Optionee only by the Optionee.
Appears in 7 contracts
Samples: Incentive Stock Option Agreement (Infinite Group Inc), Incentive Stock Option Agreement (Infinite Group Inc), Incentive Stock Option Agreement (Infinite Group Inc)
Non-Transferability. This option shall not be transferable by the Optionee other than by will or by the laws of descent or and distribution, and is exercisable during the lifetime of the Optionee only by the Optionee.
Appears in 7 contracts
Samples: Incentive Stock Option Agreement (Manhattan Bridge Capital, Inc), Incentive Stock Option Agreement (Dag Media Inc), Incentive Stock Option (Hertz Technology Group Inc)
Non-Transferability. This option The Option shall not be transferable by the Optionee other than by will or by the laws of descent or distribution, and is exercisable during the lifetime of the Optionee only by Optionee. The terms of this agreement shall be binding upon the executors, administrators, heirs, successors and assigns of Optionee.
Appears in 6 contracts
Samples: Stock Option Award Agreement (MTM Technologies, Inc.), Release Agreement (MTM Technologies, Inc.), Release Agreement (MTM Technologies, Inc.)
Non-Transferability. This option The Option herein granted shall not be transferable by the Optionee other otherwise than by will or by the laws of descent or and distribution, and is exercisable may be exercised during the lifetime life of the Optionee only by the Optionee.
Appears in 6 contracts
Samples: Agreement Under 1997 Associate Stock Option Plan (Leading Edge Packaging Inc), Individual Stock Option Grant (Globus International Resources Corp), Incentive Stock Option Plan (Leading Edge Packaging Inc)
Non-Transferability. This option shall not be transferable by the Optionee other than by will or by the laws of descent or and distribution, and is exercisable during . During the lifetime of the Optionee Optionee, this option shall be exercisable only by the such Optionee.
Appears in 5 contracts
Samples: Consulting Agreement (Hypertension Diagnostics Inc /Mn), Consulting Agreement (Hypertension Diagnostics Inc /Mn), Employment Agreement (Hypertension Diagnostics Inc /Mn)
Non-Transferability. This option Option shall not be transferable by the Optionee other otherwise than by will or by the laws of descent or distributionto a Beneficiary, and is exercisable during the lifetime of the Optionee Optionee, this Option may be exercised only by the Optionee.
Appears in 5 contracts
Samples: Non Qualified Stock Option Agreement (Barnes Group Inc), Non Qualified Stock Option Agreement (Barnes Group Inc), Non Qualified Stock Option Agreement (Barnes Group Inc)
Non-Transferability. This option shall The Option is not be transferable assignable or transferable, either voluntarily or by the Optionee other operation of law, otherwise than by will or by the laws of descent or and distribution, and is exercisable exercisable, during the lifetime of the Optionee Optionee's lifetime, only by the Optionee.
Appears in 5 contracts
Samples: H Power (H Power Corp), Stock Option Agreement (H Power Corp), Qualified Stock Option Agreement (H Power Corp)
Non-Transferability. This option shall The Option is not be assignable or transferable by the Optionee other Optionee, either voluntarily or by operation of law, otherwise than by will or by the laws of descent or and distribution, and is exercisable exercisable, during the lifetime of the Optionee Optionee's lifetime, only by the Optionee.
Appears in 5 contracts
Samples: Equity Option Agreement (Paperexchange Com Inc), Agreement (Saxton Inc), H Power (H Power Corp)
Non-Transferability. This option shall Option may not be transferable transferred or assigned in any manner by the Optionee other otherwise than by will or by the laws of descent or and distribution, and is exercisable during the lifetime of the Optionee may be exercised only by the OptioneeOptionee during his lifetime.
Appears in 5 contracts
Samples: Nonqualified Stock Option Agreement (Nci Building Systems Inc), Incentive Stock Option Agreement (Nci Building Systems Inc), Nonqualified Stock Option Agreement (Nci Building Systems Inc)
Non-Transferability. This option Option shall not be transferable by the Optionee other than Optionee, either voluntarily or involuntarily, except by will or by the laws of descent or and distribution, and is then only to the extent provided in Paragraph 4.2. Any attempt to transfer this Option other than as permitted shall void the Option. The Option shall be exercisable during the Optionee's lifetime of the Optionee only by the Optionee.
Appears in 4 contracts
Samples: Stock Option Agreement (Icad Inc), Stock Option Agreement (Icad Inc), Stock Option Agreement (Icad Inc)
Non-Transferability. This option shall not be transferable by the Optionee other than by will or by the laws of descent or distribution, distribution and is exercisable during the lifetime of the Optionee only by the Optionee.
Appears in 4 contracts
Samples: Stock Option Agreement (Infinite Group Inc), Consolidation and Modification Agreement (Infinite Group Inc), Stock Option Agreement (Marimed Inc.)
Non-Transferability. This option The Option shall not be transferable by the Optionee other than by will or by the laws of descent or and distribution, and is exercisable during . During the lifetime of the Optionee Optionee, the Option shall be exercisable only by the Optionee or the Optionee's personal representative.
Appears in 4 contracts
Samples: Stock Option Agreement (Radioshack Corp), Agreement (Osullivan Industries Holdings Inc), Agreement (Osullivan Industries Holdings Inc)
Non-Transferability. This option The Option shall not be transferable by the Optionee other otherwise than by will or by the laws of descent or and distribution, and is exercisable or according to Section 5(f)(ii) of the Plan. The Option may be exercised, during the lifetime of the Optionee Optionee, only by the Optionee.
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement (M Wave Inc), Non Qualified Stock Option Agreement (M Wave Inc), Non Qualified Stock Option Agreement (M Wave Inc)
Non-Transferability. This option shall Option is not be assignable or transferable by the Optionee other otherwise than by will or by the laws of descent or and distribution, and is exercisable during . During the lifetime of the Optionee Optionee, this Option shall be exercisable only by the Optioneehim.
Appears in 3 contracts
Samples: Employment Agreement (MLC Holdings Inc), Employment Agreement (MLC Holdings Inc), Employment Agreement (MLC Holdings Inc)
Non-Transferability. This option shall not be transferable by the Optionee other than by will or by the laws of descent or and distribution, and is exercisable during . During the lifetime of the Optionee Optionee, this option shall be exercisable only by the such Optionee. 11.
Appears in 3 contracts
Samples: Nonqualified Stock Option Agreement (Oxboro Medical International Inc), Nonqualified Stock Option Agreement (Oxboro Medical International Inc), Nonqualified Stock Option Agreement (Oxboro Medical International Inc)
Non-Transferability. This option The Option shall not be transferable by the Optionee other than by will or by the laws of descent or and distribution, and is exercisable during . During the lifetime of the Optionee Optionee, the Option shall be exercisable only by the Optionee or the Optionee’s personal representative.
Appears in 3 contracts
Samples: Agreement (Radioshack Corp), Agreement (Radioshack Corp), Stock Option Agreement (Radioshack Corp)
Non-Transferability. This option The Option shall not be transferable by the Optionee other otherwise than by will or by the laws of descent or and distribution, and is exercisable an Option may be exercised during the lifetime of the such Optionee only by the Optionee or his or her Legal Representative. The terms of such Option shall be final, binding and conclusive upon the beneficiaries, executors, administrators, heirs and successors of the Optionee.
Appears in 3 contracts
Samples: Stock Option Agreement (Department 56 Inc), Department 56 Inc, Department 56 Inc
Non-Transferability. This option shall The Option may not be transferable transferred by the Optionee other separately or otherwise than by will or by the laws of descent or and distribution, and is exercisable during the lifetime of the Optionee only by the Optionee.
Appears in 2 contracts
Samples: Director Stock Option Agreement (Geoscience Corp), Director Stock Option Agreement (Geoscience Corp)
Non-Transferability. This option shall is not be transferable by the Optionee other than Optionee, except by will or by the laws of descent or and distribution, and is exercisable during the Optionee's lifetime of the Optionee only by the Optionee.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Ydi Wireless Inc), Non Qualified Stock Option Agreement (Ydi Wireless Inc)
Non-Transferability. This option shall The Option is not be assignable or transferable by the Optionee Optionee, either voluntarily or by operation of law, other than by will or by the laws of descent or and distribution, and is exercisable during the Optionee’s lifetime of the Optionee only by the Optionee.
Appears in 2 contracts
Samples: Stock Option Agreement (Progressive Gaming International Corp), Stock Option Agreement (Progressive Gaming International Corp)
Non-Transferability. This option shall may not be transferable transferred or assigned in any manner by the Optionee other otherwise than by will or by the laws of descent or and distribution, and is exercisable during the lifetime of the Optionee may be exercised only by the OptioneeOptionee during his lifetime.
Appears in 2 contracts
Samples: Non Employee Directors (Nci Building Systems Inc), Stock Option Agreement (Nci Building Systems Inc)
Non-Transferability. This option Option shall not be transferable by the Optionee other than by will or by the laws of descent or and distribution, and is exercisable during . During the lifetime of the Optionee Optionee, this Option shall be exercisable only by the Optionee (or by the Optionee's duly appointed guardian or legal representative).
Appears in 2 contracts
Samples: Option Agreement (Unity Bancorp Inc /De/), Option Agreement (Unity Bancorp Inc /De/)
Non-Transferability. This option shall not be transferable by the Optionee other than by will or by the laws of descent or and distribution, and is exercisable during . During the lifetime of the Optionee Optionee, this option shall be exercisable only by the Optioneehim/her.
Appears in 2 contracts
Samples: Employment Agreement (Meritage Corp), Master Transaction Agreement (Meritage Corp)
Non-Transferability. This option shall not be transferable by the Optionee other than by will or by the laws of descent or distributionand distribution and, and is during Optionee’s lifetime, shall not be exercisable during the lifetime of the Optionee only by the any person other than Optionee.
Appears in 2 contracts
Samples: Stock Option Agreement (SentiSearch, Inc.), Stock Option Agreement (SentiSearch, Inc.)
Non-Transferability. This option The Option shall not be transferable by the Optionee other than by will or by the laws of descent or and distribution, and is exercisable during . During the lifetime of Optionee, the Optionee Option shall be exercisable only by Optionee. Optionee shall not pledge, hypothecate or otherwise encumber or permit any liens to attach to the OptioneeOption.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Iat Multimedia Inc), Non Qualified Stock Option Agreement (Spigadoro Inc)
Non-Transferability. This option The Options shall not be transferable by the Optionee other than by will or by the laws of descent or and distribution, and is exercisable during the lifetime of the Optionee only by the Optionee.
Appears in 1 contract
Non-Transferability. This option Option shall be exercisable only by the Optionee during the Optionee’s lifetime and shall not be assignable or transferable by the Optionee other than by will or by the laws of descent or and distribution, and is exercisable during the lifetime of the Optionee only by the Optionee.
Appears in 1 contract
Non-Transferability. This option shall not be transferable by the Optionee other than by will or by the laws of descent or distribution, and is exercisable during the lifetime of the Optionee only by the Optioneeonly.
Appears in 1 contract
Samples: Stock Option Agreement (Milestone Scientific Inc/Nj)
Non-Transferability. This option Option shall not be transferable by the Optionee other than by will or by the laws of descent or distribution, and is exercisable during the lifetime of the Optionee only by the Optionee.
Appears in 1 contract
Non-Transferability. This option shall Option is not be assignable or transferable by the Optionee other otherwise than by will or by the laws of descent or and distribution, and is exercisable during . During the lifetime of the Optionee Optionee, this Option shall be exercisable only by the Optionee.
Appears in 1 contract
Non-Transferability. This option The Option shall not be transferable by the Optionee other than by will or by the laws of descent or and distribution. The Option may be exercised, and is exercisable during the lifetime of the Optionee Optionee, only by the Optionee.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (US BioEnergy CORP)
Non-Transferability. This option shall not be transferable by the Optionee other than by will or by the laws of descent or distribution, and is exercisable during the lifetime of the Optionee only by the Optionee.
Appears in 1 contract
Non-Transferability. This option shall may not be transferable transferred or assigned in any manner by the Optionee other otherwise than by will or by the laws of descent or and distribution, and is exercisable during the lifetime of the Optionee may be exercised only by the OptioneeOptionee during his lifetime or as provided in Section 8.
Appears in 1 contract
Non-Transferability. This option The Option shall not be transferable by the Optionee other than except by will or by the laws of descent or distribution, and is distribution and shall be exercisable during the lifetime of the Optionee only by the OptioneeOptionee or his or her guardian or legal representative.
Appears in 1 contract
Non-Transferability. This option The Options shall not be transferable by the Optionee other than by will or by the laws of descent or and distribution, and is are exercisable during the lifetime of the Optionee only by the Optionee.
Appears in 1 contract
Non-Transferability. This option The Options shall not be transferable by the Optionee other than except by will or by the laws of descent or and distribution, and is exercisable during the Optionee’s lifetime of the Optionee only by the Optionee.
Appears in 1 contract
Samples: Employee Stock Option Agreement (Central European Media Enterprises LTD)
Non-Transferability. During the lifetime of Optionee, this Option shall be exercisable only by Optionee. This option Option shall not be assignable or transferable by the Optionee other than by will or by the laws of descent or distribution, and is exercisable during the lifetime of the Optionee only by the Optionee.,
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Maxim Integrated Products Inc)
Non-Transferability. This option The Option shall not be transferable by the Optionee other ------------------- than by will or by the laws of descent or and distribution, and is exercisable during . During the lifetime of Optionee, the Optionee Option shall be exercisable only by the Optionee or Optionee's guardian or authorized representative.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Alabama National Bancorporation)
Non-Transferability. This option The Option shall not be transferable by the Optionee in any manner other than by will or by the laws of descent or distribution, distribution or as otherwise permitted under the Plan and is exercisable may be exercised during the lifetime of the Optionee only by Optionee, except as otherwise permitted under the OptioneePlan.
Appears in 1 contract
Non-Transferability. This option Option shall not be transferable by the Optionee in any manner other than by will or by the laws of descent or distribution, distribution or as otherwise permitted under the Plan and is exercisable may be exercised during the lifetime of the Optionee only by the Optionee, except as otherwise permitted under the Plan.
Appears in 1 contract
Non-Transferability. This option The Option shall not be transferable by the Optionee other than by will or by the laws of descent or and distribution, and is exercisable during Optionee’s lifetime the Option shall be exercised only by Optionee and only during the lifetime continuance of Optionee’s employment, except as may otherwise be provided under the Optionee only by the OptioneeICP.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (CVS Caremark Corp)
Non-Transferability. This option The Option shall not be transferable by the Optionee other otherwise than by will or by the laws of descent or and distribution, and is the Option shall be exercisable during the lifetime of the Optionee Optionee's lifetime, only by the Optionee.
Appears in 1 contract
Non-Transferability. This option The Option shall not be transferable by the Optionee other otherwise than by will or by the laws of descent or distributionand distribution in accordance with the provisions of this Agreement, and is exercisable the Option may be exercised during the lifetime of the Optionee Optionee, only by the Optionee.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Bionebraska Inc)
