Nontransferability. The Option shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option shall be exercisable only by the Optionee.
Appears in 61 contracts
Samples: Vesting Nonqualified Stock Option Agreement (Charter Communications, Inc. /Mo/), Incentive Stock Option Agreement (Zep Inc.), Employment Agreement (Charter Communications, Inc. /Mo/)
Nontransferability. The Option shall is not be transferable by the Optionee other than by will or by the laws of descent and distribution. During the lifetime of , and is exercisable, during the Optionee’s lifetime, the Option shall be exercisable only by the Optionee, or, in the event of the Optionee’s legal disability, by the Optionee’s legal representative.
Appears in 22 contracts
Samples: Incentive Stock Option Agreement (Radius Health, Inc.), Incentive Stock Option Agreement (Radius Health, Inc.), Incentive Stock Option Agreement (Radius Health, Inc.)
Nontransferability. The Option shall not be transferable by the Optionee other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option shall be exercisable only by the Optionee.
Appears in 18 contracts
Samples: Replacement Non Qualified Stock Option Agreement (PGT, Inc.), Non Qualified Stock Option Agreement (Quadra Realty Trust, Inc.), Non Qualified Stock Option Agreement (Builders FirstSource, Inc.)
Nontransferability. The Option shall may not be transferable transferred in any manner other than by will or by the laws of descent and distribution. During distribution and may be exercised during the lifetime of the Optionee only by Optionee, . The terms of the Option shall be exercisable only by binding upon the executors, administrators, successors and assigns of Optionee.
Appears in 11 contracts
Samples: Incentive Stock Option Agreement (Ceco Environmental Corp), Stock Option Agreement (Ceco Environmental Corp), Stock Option Agreement (Ceco Environmental Corp)
Nontransferability. The Option shall granted hereunder is not be transferable other by the Optionee otherwise than by will or by the laws of descent and distribution. During , and the Option may be exercised during the lifetime of the Optionee, the Option shall be exercisable Optionee only by the Optionee or the Optionee's guardian or legal representative. The terms of the Option will be binding upon the beneficiaries, executors, administrators, heirs and successors of the Optionee.
Appears in 8 contracts
Samples: Non Statutory Stock Option Agreement (General Dynamics Corp), Non Statutory Stock Option Agreement (General Dynamics Corp), Non Statutory Stock Option Agreement (General Dynamics Corp)
Nontransferability. The Option shall not be assignable or transferable other than except by will or by the laws of descent and distribution. During , and, during the lifetime of the Optionee, may be exercised only by him or her. More particularly, but without limiting the generality of the foregoing, the Option may not be sold, assigned, transferred (except as noted herein), pledged or hypothecated in any way and shall not be exercisable only by the Optioneesubject to execution, attachment or similar process.
Appears in 7 contracts
Samples: Director Stock Option Agreement (Bank of the Carolinas CORP), Employee Stock Option Agreement (Bank of the Carolinas CORP), Employee Stock Option Agreement (Fountain Powerboat Industries Inc)
Nontransferability. The This Option shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the OptioneeOptionholder, the this Option shall be exercisable only by the OptioneeOptionholder.
Appears in 7 contracts
Samples: Penn Millers Stock Incentive Plan (Penn Millers Holding Corp), Penn Millers Stock Incentive Plan (Penn Millers Holding Corp), Incentive Stock Option Agreement (Sovereign Bancorp Inc)
Nontransferability. The Option shall not be transferable other otherwise than by will or by the laws of descent and distribution. During , and is exercisable, during the lifetime of the Optionee, only by him; provided that the Option shall may be exercisable only exercised after the Optionee's death by the Optioneebeneficiary most recently named by the Optionee in a written designation thereof filed by the Optionee with the Company, in accordance with the Plan.
Appears in 6 contracts
Samples: Incentive Stock Option Award Agreement (Infonet Services Corp), Stock Option Award Agreement (Associated Materials Inc), Stock Option Award Agreement (AMH Holdings, Inc.)
Nontransferability. The Option shall granted hereunder is not be transferable other by the Optionee otherwise than by will or by the laws of descent and distribution. During , and the Option may be exercised during the lifetime of the Optionee, the Option shall be exercisable Optionee only by the Optionee or the Optionee’s guardian or legal representative. The terms of the Option will be binding upon the beneficiaries, executors, administrators, heirs and successors of the Optionee.
Appears in 6 contracts
Samples: Non Statutory Stock Option Agreement (General Dynamics Corp), Non Statutory Stock Option Agreement (General Dynamics Corp), Incentive Stock Option Agreement (General Dynamics Corp)
Nontransferability. The Option shall not be transferable other than by a will of the Optionee or by the laws of descent and distribution. During , and shall be exercisable during the lifetime of the Optionee, the Option shall be exercisable Optionee only by the OptioneeOptionee or his attorney-in-fact or conservator, unless the Option is an Incentive Stock Option and such exercise by the attorney-in-fact or the conservator of the Optionee would disqualify the Option as such under Code Section 422.
Appears in 6 contracts
Samples: Stock Compensation Plan (Nic Inc), Stock Compensation Plan (Nic Inc), Stock Option and Incentive Plan (Nic Inc)
Nontransferability. The Option This option shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the OptioneeOptionholder, the Option this option shall be exercisable only by the OptioneeOptionholder.
Appears in 5 contracts
Samples: Stock Option Agreement (D&e Communications Inc), Nonqualified Stock Option Agreement (Sovereign Bancorp Inc), Form of Stock Option Agreement (Peoples Financial Services Corp.)
Nontransferability. The Option shall not be transferable other than by will or by the laws of descent and distribution. During , and during the lifetime of the Optionee, the Option shall be exercisable only by the Optionee.
Appears in 5 contracts
Samples: Incentive Stock Option Agreement (Internet Security Systems Inc/Ga), Option Agreement (Turbochef Technologies Inc), Option Agreement (Turbochef Technologies Inc)
Nontransferability. The Option shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option shall be exercisable only by the Optionee or the Optionee’s legal representative.
Appears in 5 contracts
Samples: Incentive Stock Plan Non Qualified Stock Option Agreement (Radioshack Corp), Incentive Stock Plan Non Qualified Stock Option Agreement (Radioshack Corp), Incentive Stock Plan Non Qualified Stock Option Agreement (Radioshack Corp)
Nontransferability. The Option option shall not be transferable other by the Optionee otherwise than by will or by the laws of descent and distribution. During , and the lifetime of option shall be exercisable, during the Optionee’s lifetime, the Option shall be exercisable only by the Optionee.
Appears in 4 contracts
Samples: Incentive Stock Option Agreement (Kaman Corp), Incentive Stock Option Agreement (Kaman Corp), Incentive Stock Option Agreement (Kaman Corp)
Nontransferability. The Option shall not be transferable transferrable other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option shall be exercisable only by the OptioneeOptionee or his guardian or legal representative.
Appears in 4 contracts
Samples: Stock Option Agreement (Plains Resources Inc), Stock Option Agreement (Plains Resources Inc), Stock Option Agreement (Plains Resources Inc)
Nontransferability. The Option granted hereunder shall not be transferable by Optionee other than by will or by the laws of descent and distribution. During distribution and the Option may be exercised during the lifetime of the Optionee, Optionee only by Optionee or his or her guardian or legal representative. The terms of the Option shall be exercisable only by final, binding and conclusive upon the beneficiaries, executors, administrators, heirs and successors of Optionee.
Appears in 3 contracts
Samples: Stock Option Plan (Rexahn Pharmaceuticals, Inc.), Stock Option Plan (Rexahn Pharmaceuticals, Inc.), Stock Option Grant Agreement (Rexahn Pharmaceuticals, Inc.)
Nontransferability. The Option option shall not be transferable other by the Optionee otherwise than by will or by the laws of descent and distribution. During , and the lifetime of option shall be exercisable, during the Optionee's lifetime, the Option shall be exercisable only by the Optionee.
Appears in 3 contracts
Samples: Non Statutory Stock Option Agreement (Kaman Corp), Non Statutory Stock Option Agreement (Kaman Corp), Non Statutory Stock Option Agreement (Kaman Corp)
Nontransferability. The Except as otherwise expressly provided herein, this Option shall not be transferable other by the Optionee otherwise than by will or by the laws of descent and distribution. During the , and this Option is exercisable during Optionee's lifetime of only by the Optionee, . The terms of the Option shall be exercisable only by binding on the executors, administrators, heirs and successors of the Optionee.
Appears in 3 contracts
Samples: Stock Option Agreement (Private Business Inc), Stock Option Agreement (Private Business Inc), Stock Option Agreement (Private Business Inc)
Nontransferability. The Option shall not be transferable other otherwise than by will or by the laws of descent and distribution. During , and are exercisable, during the lifetime of the Optionee, the Option shall be exercisable only by the Optioneehim.
Appears in 3 contracts
Samples: Non Qualified Stock Option Award Agreement (North Shore Agency Inc), Non Qualified Stock Option Award Agreement (North Shore Agency Inc), Non Qualified Stock Option Award Agreement (North Shore Agency Inc)
Nontransferability. The This Option shall not be transferable other than except by will or by the laws of descent and distribution. During the lifetime of the Optionee, the this Option shall be exercisable only by the Optionee.
Appears in 3 contracts
Samples: Burke Industries Inc /Ca/, Power Ten, Burke Industries Inc /Ca/
Nontransferability. The This Option shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the this Option shall be exercisable only by the such Optionee.
Appears in 3 contracts
Samples: Prizepoint Entertainment Corporation Stock Option Agreement (Uproar Inc), Company Stock Option Agreement (Phoenix Racing Inc), Stock Option Agreement (Heafner Tire Group Inc)
Nontransferability. The Option shall not be transferable other than is nontransferable except by will or by the laws of descent and distribution. During the lifetime of the Optionee’s lifetime, the Option shall may be exercisable exercised only by the Optionee.
Appears in 3 contracts
Samples: Form of Incentive Stock Option Agreement (New Peoples Bankshares Inc), Incentive Stock Option Agreement (Central Virginia Bankshares Inc), Incentive Stock Option Agreement (Southern Community Financial Corp.)
Nontransferability. The Option shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the The Option shall be exercisable only by the Optionee or the Optionee's guardian or legal representative during the lifetime of the Optionee.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Criimi Mae Inc), Incentive Stock Option Agreement (Criimi Mae Inc)
Nontransferability. The This Option shall not be transferable other than except by will Will or by the laws of descent and distribution. During the lifetime of , and shall be exercisable, during the Optionee’s lifetime, the Option shall be exercisable only by the Optionee.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Westamerica Bancorporation), Non Qualified Stock Option Agreement (Westamerica Bancorporation)
Nontransferability. The Option shall Options are not be transferable other than except by will or by the laws of descent and distribution. During The Options may be exercised during the lifetime of the Optionee, the Option shall be exercisable Optionee only by the Optionee.
Appears in 2 contracts
Samples: American Healthchoice Inc /Ny/, Voip Inc
Nontransferability. The This Option shall not be transferable other than by the ------------------ Optionee except by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option distribution and shall be exercisable during Optionee's lifetime only by Optionee. The Option herein granted and the Optioneerights and privileges pertaining thereto shall not be transferred, assigned, pledged or hypothecated in any way, whether by operation of law or otherwise, and shall not be subject to execution, attachment or similar process.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Ziegler Companies Inc), Nonqualified Stock Option Agreement (Ziegler Companies Inc)
Nontransferability. The Option option shall not be transferable other by the Optionee otherwise than by will or by the laws of descent and distribution. During , and the lifetime of the Optionee, the Option option shall be exercisable exercisable, during his lifetime, only by the Optioneehim.
Appears in 2 contracts
Samples: Agreement (Lydall Inc /De/), Agreement (Lydall Inc /De/)
Nontransferability. The Option shall not be transferable other than This option is nontransferable except by will or by the laws of descent and distribution. During the lifetime of the Optionee's lifetime, the Option shall this option may be exercisable exercised only by the Optionee.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Universal Corp /Va/), Non Qualified Stock Option Agreement (Universal Corp /Va/)
Nontransferability. The Option shall not be transferable other than by will or by the laws of descent and distribution. During distribution and during the lifetime of the Optionee, the . The Option shall be exercisable only by the OptioneeOptionee except as provided in Section 5.4.
Appears in 2 contracts
Samples: Option Agreement (United Community Banks Inc), Option Agreement (United Community Banks Inc)
Nontransferability. The No Option granted under the Plan shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the Optioneeoptionee, the an Option shall be exercisable only by the Optioneehim.
Appears in 2 contracts
Samples: Executive Employment Agreement (International Cosmetics Marketing Co), Executive Employment Agreement (International Cosmetics Marketing Co)
Nontransferability. The Option shall not be transferable other than by the Optionee except by will or by the laws of descent and distribution. During , and it shall be exercisable during the lifetime of the Optionee, the Option shall be exercisable Optionee only by the OptioneeOptionee or his or her guardian or legal representative.
Appears in 2 contracts
Samples: Share Option Agreement (Anadigics Inc), 2004 Stock Incentive Plan (Alfacell Corp)
Nontransferability. The Option shall is not be transferable other than by the Optionee except by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option distribution and shall be exercisable during the Optionee’s lifetime only by the Optionee.
Appears in 2 contracts
Samples: Nonqualified Option Agreement (PPG Industries Inc), Nonqualified Option Agreement (PPG Industries Inc)
Nontransferability. The Option shall not be transferable other than by will or by the laws law of descent and distribution. During the lifetime of the Optionee, the Option shall be exercisable only by the Optionee.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Celldex Therapeutics, Inc.), Incentive Stock Option Agreement (Celldex Therapeutics, Inc.)
Nontransferability. The Option shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option shall be exercisable only by the Optionee or by the Optionee's guardian or legal representative.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Engineering Animation Inc), Nonqualified Stock Option Agreement (Engineering Animation Inc)
Nontransferability. The Option and any rights hereunder shall not be transferable or assignable other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option shall be exercisable only by the Optionee.
Appears in 2 contracts
Samples: Agreement (Recoton Corp), Employment Agreement (Recoton Corp)
Nontransferability. The Option Options shall not be transferable other by Optionee otherwise than by will or by the laws of descent and distribution. During distribution and during the lifetime of the Optionee, the Option shall be Optionee are exercisable only by the Optionee.
Appears in 1 contract
Nontransferability. The This Option shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the this Option shall be exercisable only by the Optioneehim.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (TSW International Inc)
Nontransferability. The Option Options shall not be transferable other ------------------ than by will or by the laws of descent and distributiondistribution or by such other means explicitly permitted by Section 422 of the Code. During the lifetime of the Optionee, the Option Options shall be exercisable only by the Optionee or the Optionee's guardian or legal representative.
Appears in 1 contract
Samples: Stock Option Agreement (Platinum Technology International Inc)
Nontransferability. The This Option shall not be transferable other than except by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option and shall be exercisable during the Optionee's lifetime only by the Optionee.
Appears in 1 contract
Nontransferability. The Option shall not be transferable other otherwise than by will or by the applicable laws of descent and distribution. During ; and the Option may be exercised, during the lifetime of the Optionee, the Option shall be exercisable only by the Optionee.
Appears in 1 contract
Samples: Non Qualified Stock Option Grant Notice and Agreement (Lasercard Corp)
Nontransferability. The Option This option shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime life-time of the Optionee, the Option this option shall be exercisable only by the Optioneehim.
Appears in 1 contract
Nontransferability. The No Option shall not be transferable by the Optionee other than by will or by the laws of descent and distribution. During An Option may be exercised during the lifetime of the Optionee, the Option shall be exercisable Optionee only or by the guardian or legal representative of the Optionee. No Option or interest therein may be transferred, assigned, pledged or hypothecated by the Optionee during his lifetime, whether by operation of law or otherwise, or be made subject to execution, attachment or similar process.
Appears in 1 contract
Nontransferability. The This Option shall not be transferable other or assignable by the Optionee in any manner otherwise than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option All options granted hereunder shall be exercisable during Optionee's lifetime only by the Optionee.
Appears in 1 contract
Samples: Possis Medical Inc
Nontransferability. The Option shall Options are not be transferable other than except by will or by the laws law of descent and distribution. During The Options may be exercised during the lifetime of the Optionee, the Option shall be exercisable Optionee only by the Optionee.
Appears in 1 contract
Nontransferability. The Option option shall not be transferable other than by a ------------------ will of the Optionee or by the laws of descent and distribution. During the lifetime of the Optionee, the Option option shall be exercisable only by the OptioneeOptionee or by his or her attorney-in fact or conservator.
Appears in 1 contract
Samples: Option Plan Non Statutory Stock Option Agreement (Holcombe Marie A)
Nontransferability. The Option shall options are not be transferable other than except by will ------------------ or by the laws of descent and distributiondistribution and is subject to the provisions of Section 9 hereof. During The options may be exercised during the lifetime of the Optionee, the Option shall be exercisable Optionee only by the Optionee.
Appears in 1 contract
Nontransferability. The Option shall not be transferable other by the ------------------ Optionee otherwise than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option shall be exercisable only by the OptioneeOptionee or his legal representative.
Appears in 1 contract
Samples: Stock Option Agreement (Delia S Inc)
Nontransferability. The Option shall option is not be transferable other than except by will or ------------------ by the laws of descent and distributiondistribution and is subject to the provisions of Section 9 hereof. During The option may be exercised during the lifetime of the Optionee, the Option shall be exercisable Optionee only by the Optionee.
Appears in 1 contract
Nontransferability. The Option shall is not be transferable other than except by will or ------------------ by the laws of descent and distributiondistribution and is subject to the provisions of Section 8 hereof. During The Option may be exercised during the lifetime of the Optionee, the Option shall be exercisable Optionee only by the Optionee.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Caspian Energy International Inc /Tx)
Nontransferability. The Option shall Options are not be transferable other than except by will or by the laws of descent and distributiondistribution and are subject to the provisions of Section 7 hereof. During The Options may be exercised during the lifetime of the Optionee, the Option shall be exercisable Optionee only by the Optionee.
Appears in 1 contract
Samples: Puma Energy Inc
Nontransferability. The Option shall Options are not be transferable other than except by will ------------------ or by the laws of descent and distributiondistribution and are subject to the provisions of Section 7 hereof. During The Options may be exercised during the lifetime of the Optionee, the Option shall be exercisable Optionee only by the Optionee.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Greenbriar Corp)
Nontransferability. The Option shall not be transferable other by the Optionee otherwise than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option shall be exercisable only by the OptioneeOptionee or her legal representative.
Appears in 1 contract
Samples: Employment Agreement (Delias Inc)
Nontransferability. The This Option shall may not be transferable other than transferred by Optionee except by will or by the laws of descent and distribution. During Optionee’s lifetime, only Optionee may exercise the lifetime of the Optionee, the Option shall be exercisable only by the OptioneeOption.
Appears in 1 contract
Samples: Stock Option Agreement (Virginia Commerce Bancorp Inc)
Nontransferability. The Option shall not be transferable other than by will or by the laws of descent and distribution. During , and, during the lifetime of the Optionee, the Option shall be exercisable only by the OptioneeOptionee except as provided in Section 5.4.
Appears in 1 contract
Samples: Stock Option Award Agreement (United Community Banks Inc)
Nontransferability. The Option This option shall not be transferable other than by will or by the laws of descent and distributiondistribution nor shall the Optionee pledge or hypothecate the option nor create any lien thereon. During the lifetime life time of the Optionee, the Option this option shall be exercisable only by him/her or by the Optionee’s legal representative if the Optionee is legally incompetent.
Appears in 1 contract
Samples: Stock Option Agreement (Ii-Vi Inc)
Nontransferability. The Except as set forth in Section 6.3 of the Plan, this Option shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the OptioneeOptionholder, the this Option shall be exercisable only by the OptioneeOptionholder.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Federal Life Group, Inc.)
Nontransferability. The This Option shall not be transferable other than by will or by the laws of descent and distribution. During , and during the lifetime of the Optionee, the Option Optionee shall be exercisable only by the Optionee, or by the Optionee's guardian or legal representative.
Appears in 1 contract
Samples: Incorporated Non Qualified Stock Option Agreement (Comerica Inc /New/)
Nontransferability. The Option options granted hereunder shall not be transferable other by the Optionee otherwise than by will or by the laws of descent and distribution. During distribution and during the lifetime of the Optionee, the Option shall be Optionee are exercisable only by the Optionee.
Appears in 1 contract
Nontransferability. The Option option shall not be transferable other by the Optionee otherwise than by will or by the laws of descent and distribution. During , and the lifetime of the Optionee, the Option option shall be exercisable exercisable, during his or her lifetime, only by the Optioneehim or her.
Appears in 1 contract
Samples: 2006 Incentive Stock Option Agreement (Lydall Inc /De/)
Nontransferability. The Option shall may not be transferable other than transferred except by will or by the laws of descent and distribution. During the lifetime of the Optionee's lifetime, the Option shall may be exercisable exercised only by the Optionee.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Veeco Instruments Inc)
Nontransferability. The Option shall not be transferable other than by will or by the laws of descent and distribution. During , and, during the lifetime of the Optionee, the Option shall be exercisable only by the OptioneeOptionee except as provided in Section 5.2.
Appears in 1 contract
Samples: Stock Option Award Agreement (United Community Banks Inc)
Nontransferability. The Option shall is not be transferable other than except by will or by the laws of descent and distributiondistribution and is subject to the provisions of Section 8 hereof. During The Option may be exercised during the lifetime of the Optionee, the Option shall be exercisable Optionee only by the Optionee.
Appears in 1 contract
Samples: Puma Energy Inc
Nontransferability. The Option shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option distribution and shall be exercisable during the Optionee's lifetime only by the Optioneehim.
Appears in 1 contract
Samples: Stock Option Award Agreement (Accelerated Bureau of Collections Inc)
Nontransferability. The Option This option shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option this option shall be exercisable only by the Optionee.
Appears in 1 contract
Samples: Form of Stock Option Agreement (Sovereign Bancorp Inc)
Nontransferability. The Option shall not be transferable other than by will or by the laws of descent and distribution. During , and, during the lifetime of the Optionee, the Option shall be exercisable only by the OptioneeOptionee except as provided in Section 5.3.
Appears in 1 contract
Samples: Stock Option Award Agreement (United Community Banks Inc)
Nontransferability. The Option shall Options are not be transferable other than except by will or ------------------ by the laws of descent and distributiondistribution and are subject to the provisions of Section 7 hereof. During The Options may be exercised during the lifetime of the Optionee, the Option shall be exercisable Optionee only by the Optionee.
Appears in 1 contract
Samples: Caspian Energy International Inc /Tx
Nontransferability. The Option shall not be transferable other than by will or by the laws of descent and distribution. During distribution and during the lifetime of the Optionee, the Option shall be exercisable only by the Optionee.
Appears in 1 contract
Nontransferability. The This Option shall not be transferable other than is nontransferable except by will or by the laws of descent and distribution. During the lifetime of the Optionee's lifetime, the this Option shall may be exercisable exercised only by the Optionee.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Commonwealth Biotechnologies Inc)
Nontransferability. The Option Options shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option Options shall be exercisable only by the Optionee.
Appears in 1 contract
Samples: Stock Option Agreement (Neff Corp)
Nontransferability. The Option Options shall not be transferable other by the Optionee otherwise than by will or by the laws of descent and distribution. During distribution and during the lifetime of the Optionee, the Option shall be Optionee are exercisable only by the Optionee.
Appears in 1 contract
