Common use of Nontransferability Clause in Contracts

Nontransferability. This Option may not be transferred except by will or by the laws of descent and distribution. During Participant’s lifetime, this Option may be exercised only by Participant.

Appears in 14 contracts

Samples: Insmed Incorporated (INSMED Inc), Qualified Stock Option Agreement (Massey Energy Co), Agreement (Insmed Inc)

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Nontransferability. This Option may not be transferred except by will or by the laws of descent and distribution. During Participant’s 's lifetime, this Option may be exercised only by Participant.

Appears in 7 contracts

Samples: Employment Agreement (Insmed Inc), Employment Agreement (Insmed Inc), Employment Agreement (Insmed Inc)

Nontransferability. This Option may not be transferred sold, transferred, pledged, assigned, or otherwise alienated or hypothecated by Participant except by will or by the laws of descent and distribution. During Participant’s lifetime, this Option may be exercised only by Participant.

Appears in 6 contracts

Samples: Insmed Incorporated (INSMED Inc), Insmed Incorporated (INSMED Inc), Insmed Incorporated (Insmed Inc)

Nontransferability. This The Option may not be transferred is nontransferable except by will or by the laws of descent and distribution. During Participant’s lifetime, this the Option may be exercised only by Participant.

Appears in 4 contracts

Samples: Form of Agreement (Community Bankers Trust Corp), Qualified Stock Option Agreement (Community Bankers Trust Corp), Nonqualified Stock Option Agreement (Hampton Roads Bankshares Inc)

Nontransferability. This Option may not be transferred is nontransferable except by will or by the laws of descent and distribution. During Participant’s 's lifetime, this Option may be exercised only by Participant.

Appears in 3 contracts

Samples: Agreement (Shenandoah Telecommunications Co/Va/), Incentive Stock Option Agreement (Shenandoah Telecommunications Co/Va/), Incentive Stock Option Agreement (Shenandoah Telecommunications Co/Va/)

Nontransferability. This The Option may shall not be transferred except transferable by the Participant otherwise than by will or by the laws of descent and distribution. During , and the Option shall be exercisable, during the Participant’s lifetime, this Option may be exercised only by the Participant.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (KAMAN Corp), Nonqualified Stock Option Agreement (KAMAN Corp)

Nontransferability. This The Option may shall not be transferred transferable except by will or by the laws of descent and distribution. During distribution and shall be exercisable during the Participant’s lifetime, this Option may be exercised 's lifetime only by the Participant.

Appears in 2 contracts

Samples: Qualified Stock Option Agreement (Ameritrade Holding Corp), Qualified Stock Option Agreement (Ameritrade Holding Corp)

Nontransferability. This Option option may not be transferred except by ------------------- will or by the laws of descent and distribution. During the Participant’s 's lifetime, this Option may be exercised only by the Participant.

Appears in 2 contracts

Samples: Incorporated Incentive Stock Option Agreement (Cidera Inc), Qualified Stock Option Agreement (Cidera Inc)

Nontransferability. This Except to the extent permitted by the Plan, this Option may shall not be transferred except transferable other than by will or by the laws of descent and distribution. During the lifetime of Participant’s lifetime, this Option may shall be exercised exercisable only by Participant.

Appears in 2 contracts

Samples: Stock Option Agreement (Monster Beverage Corp), Stock Option Agreement (Monster Beverage Corp)

Nontransferability. This Option may not be transferred option is nontransferable except by will or by the laws of descent and distribution. During Participant’s 's lifetime, this Option option may be exercised only by Participant.

Appears in 1 contract

Samples: Agreement (Ntelos Inc)

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Nontransferability. This Option may not be transferred is nontransferable except by will or by the laws of descent and distribution. During Participant’s lifetime, this Option may be exercised only by Participant.

Appears in 1 contract

Samples: Stock Option Grant Agreement (Albemarle Corp)

Nontransferability. This Option may not be transferred is nontransferable except by will or by the laws of descent and distribution. During Participant’s lifetime, this Option may be exercised only by Participant.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Shenandoah Telecommunications Co/Va/)

Nontransferability. This Option may not be transferred except by will or by the laws of descent and distribution. During Participant’s lifetime, lifetime this Option may be exercised only by Participant.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Massey Energy Co)

Nontransferability. This Option may not be transferred sold, transferred, pledged, assigned, or otherwise alienated or hypothecated by Participant except by will or by the laws of descent and distribution. During Participant’s 's lifetime, this Option may be exercised only by Participant.

Appears in 1 contract

Samples: Insmed Incorporated (INSMED Inc)

Nontransferability. This The Option may shall not be transferred transferable except by will or by the laws of descent and distribution. During distribution and shall be exercisable during the Participant’s lifetime, this Option may be exercised lifetime only by the Participant.

Appears in 1 contract

Samples: Term Incentive Plan Stock Option Agreement (Td Ameritrade Holding Corp)

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