Common use of Nontransferability of Stock Option Clause in Contracts

Nontransferability of Stock Option. This Stock Option is not transferable by the Participant otherwise than by will or the laws of descent and distribution, and is exercisable during the Participant’s lifetime only by the Participant (or in the event of the Participant’s incapacity, the person or persons legally appointed to act on the Participant’s behalf).

Appears in 8 contracts

Samples: www.sec.gov, www.sec.gov, Qualified Stock Option Agreement (Dominos Pizza Inc)

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Nontransferability of Stock Option. This Stock Option is not transferable by the Participant otherwise than by will or the laws of descent and distribution, distribution and is exercisable during the Participant’s lifetime only by the Participant (or in the event of the Participant’s incapacity, the person or persons legally appointed to act on the Participant’s behalf).

Appears in 7 contracts

Samples: Non Employee Directors Annual Stock Option Award Agreement (Opgen Inc), Initial Stock Option Award Agreement (Opgen Inc), Consultant Stock Option Award Agreement (Opgen Inc)

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Nontransferability of Stock Option. This The Stock Option is not transferable by the Participant otherwise than by will or the laws of descent and distribution, and is exercisable during the Participant’s lifetime only by the Participant (or in the event of the Participant’s incapacity, the person or persons legally appointed to act on the Participant’s behalf).

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Dominos Pizza Inc), Non Qualified Stock Option Agreement (Dominos Pizza Inc)

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