Nontransferability of Option. This Option shall not be assignable or transferable other than by will or the laws of descent and distribution and shall be exercisable only by the Optionee during his lifetime.
Appears in 31 contracts
Samples: Stock Option Agreement (Highwaymaster Communications Inc), Stock Option Agreement (At Track Communications Inc), Stock Option Agreement (Highwaymaster Communications Inc)
Nontransferability of Option. This Option shall is not be assignable or transferable by the Optionee other than by will or the applicable laws of descent and distribution distribution, and shall be is exercisable during the Optionee’s lifetime only by the Optionee during his lifetimeOptionee.
Appears in 24 contracts
Samples: Employment Agreement (Clear Channel Outdoor Holdings, Inc.), Executive Option Agreement (CC Media Holdings Inc), Executive Option Agreement (CC Media Holdings Inc)
Nontransferability of Option. This Option shall not be assignable or transferable by the Optionee other than by will or the laws of descent and distribution distribution, and during the lifetime of the Optionee, this Option shall be exercisable only by the Optionee during his lifetimeOptionee.
Appears in 23 contracts
Samples: Agreement (Digital Angel Corp), Incentive Stock Option Agreement (Digitiliti Inc), Qualified Stock Option Agreement (Digitiliti Inc)
Nontransferability of Option. This Option option shall not be assignable or transferable by the Optionee, other than by will or the laws of descent and distribution and distribution. During the lifetime of the Optionee, this option shall be exercisable only by the Optionee during his lifetimeOptionee.
Appears in 13 contracts
Samples: Incentive Stock Option Agreement (Rimage Corp), Option Agreement (Rimage Corp), Agreement (Golf Galaxy, Inc.)
Nontransferability of Option. This The Option shall not be assignable or transferable by Optionee, other than by will or the laws of descent and distribution and distribution. During the lifetime of Optionee, the Option shall be exercisable only by the Optionee during his lifetimeOptionee.
Appears in 7 contracts
Samples: Stock Option Agreement (Rimage Corp), Rimage Corporation Stock Option Agreement (Rimage Corp), Stock Option Agreement (Rimage Corp)
Nontransferability of Option. This Option shall not be assignable or transferable other by the Optionee otherwise than by will or the laws of descent or distribution, and distribution and this Option shall be exercisable during the Optionee’s lifetime only by the Optionee during his lifetimehim or her.
Appears in 6 contracts
Samples: Stock Option Agreement (Solomon Technologies Inc), Stock Option Agreement (Solomon Technologies Inc), Stock Option Agreement (Solomon Technologies Inc)
Nontransferability of Option. This The Option shall not be assignable or transferable other than by will or the laws of descent and or distribution and shall be exercisable exercisable, during Optionee's lifetime, only by the Optionee during his lifetimeOptionee.
Appears in 5 contracts
Samples: Non Qualified Stock Option Grant Agreement (Veru Inc.), Stock Option Grant Agreement (Criticare Systems Inc /De/), Non Qualified Stock Option Grant Agreement (Veru Inc.)
Nontransferability of Option. This Option shall not be assignable or transferable other than by will or the laws of descent and distribution and shall be exercisable during the Optionee's lifetime only by the Optionee during his lifetimeOptionee.
Appears in 4 contracts
Samples: Incentive Stock Option Agreement (Clark Inc), Stock Option Agreement (Clark Inc), Stock Option Agreement (Inspire Insurance Solutions Inc)
Nontransferability of Option. This No Option shall not be assignable or transferable other transferred by the Optionee otherwise than by will or the laws of descent and distribution and distribution. During the lifetime of the Optionee, the Option shall be exercisable only by the Optionee during him or by his lifetimelegal guardian or personal representative.
Appears in 3 contracts
Samples: Stock Option Agreement (Colonial Bancgroup Inc), Old Florida Bank Incentive Stock Option Agreement (Old Florida Bankshares Inc), Old Florida Bank Directors' Stock Option Agreement (Old Florida Bankshares Inc)
Nontransferability of Option. This The Option shall not be transferable or assignable or transferable by the Optionee, other than by will or the laws of descent and distribution distribution, and shall be exercisable during the Optionee’s lifetime only by the Optionee during his lifetimeOptionee.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Inyx Inc), Incentive Stock Option Agreement (Inyx Inc)
Nontransferability of Option. This The Option shall is not be assignable or transferable other than except by will or by the applicable laws of descent and distribution and shall be distribution. The Option is exercisable during the Optionee’s lifetime only by the Optionee during his lifetimeOptionee.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Total Gas & Electricity (PA) Inc), Incentive Stock Option Agreement (Total Gas & Electricity (PA) Inc)
Nontransferability of Option. This Option shall not be assignable or transferable other than by will or the laws of descent and distribution and shall be exercisable during the Optionee’s lifetime only by the Optionee during his lifetimeOptionee.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Clark Inc), Non Qualified Stock Option Agreement (Clark Inc)
Nontransferability of Option. This The Option shall not be assignable or transferable other than by will or the laws of descent and or distribution and shall be exercisable exercisable, during Optionee’s lifetime, only by the Optionee during his lifetimeOptionee.
Appears in 2 contracts
Samples: Non Qualified Stock Option Grant Agreement (Veru Inc.), Merchants & Manufacturers Bancorporation Inc
Nontransferability of Option. This The Option shall not be transferable or assignable or transferable by the Optionee, other than by will or the laws of descent and distribution distribution, and shall be exercisable during the Optionee's lifetime only by the Optionee during his lifetimeOptionee.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Voip Inc), Incentive Stock Option Agreement (American Healthchoice Inc /Ny/)
Nontransferability of Option. This Option option shall not be assignable or transferable other by the Optionee otherwise than by will or the laws of descent or distribution, and distribution and this option shall be exercisable during the Optionee’s lifetime only by the Optionee during his lifetimehim.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Primo Water Corp), Nonqualified Stock Option Agreement (Primo Water Corp)
Nontransferability of Option. This Option option shall not be assignable or transferable by the Optionee, other than by will or the laws of descent and distribution and distribution. During the lifetime of the Optionee, this option shall be exercisable exercisable only by the Optionee during his lifetimeOptionee.
Appears in 1 contract
Samples: Agreement (Vital Images Inc)
Nontransferability of Option. This Option shall is not be assignable or transferable other than by will or the laws of descent and distribution and shall be is exercisable during your lifetime only by the Optionee during his lifetimeyou.
Appears in 1 contract
Samples: Stock Option Award Agreement (Harrahs Entertainment Inc)
Nontransferability of Option. This The Option shall not be transferable or assignable or transferable by the Optionee, other than by will or the laws of descent and distribution distribution, and shall be exercisable during the Optionee's lifetime only by the Optionee during his lifetimeOptionee. 10.
Appears in 1 contract
Samples: Incentive Option Agreement (Terra Nova Financial Group Inc)
