Common use of Nontransferability Clause in Contracts

Nontransferability. Neither the Option nor any interest therein may be sold, assigned, conveyed, gifted, pledged, hypothecated or otherwise transferred in any manner other than by will or the laws of descent and distribution.

Appears in 48 contracts

Samples: Stock Option Agreement (Computer Sciences Corp), Stock Option Agreement (Computer Sciences Corp), Stock Option (Computer Sciences Corp)

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Nontransferability. Neither the Option nor any interest therein ------------------ may be sold, assigned, conveyed, gifted, pledged, hypothecated or otherwise transferred in any manner other than by will or the laws of descent and distribution.

Appears in 11 contracts

Samples: Employment Agreement (East West Bancorp Inc), Employment Agreement (East West Bancorp Inc), Stock Option Agreement (United Panam Financial Corp)

Nontransferability. Neither the Option nor any interest therein may ------------------ be sold, assigned, conveyed, gifted, pledged, hypothecated or otherwise transferred in any manner other than by will or the laws of descent and distribution.

Appears in 6 contracts

Samples: Stock Option Agreement (Thousand Trails Inc /De/), Nonqualified Stock Option Agreement (Lebowitz Steven D), Stock Option Agreement (Shaw William J)

Nontransferability. Neither the Option Options nor any interest therein may be sold, assigned, conveyed, gifted, pledged, hypothecated or otherwise transferred in any manner other than by will or the laws of descent and distribution.

Appears in 3 contracts

Samples: Liberte Investors Incentive Stock Option Agreement (Liberte Investors/), Liberte Investors Incentive Stock Option Agreement (Liberte Investors/), Stock Option Agreement (Hawaiian Airlines Inc/Hi)

Nontransferability. Neither the Option nor any interest therein ------------------ may be sold, assigned, conveyed, gifted, pledged, hypothecated or otherwise transferred in any manner other than by will or the laws of descent and distribution.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Cocozza Mark J), Nonqualified Stock Option Agreement (Cocozza Mark J)

Nontransferability. Neither the Option nor any interest therein may be sold, assigned, conveyed, gifted, pledged, hypothecated or otherwise transferred in any manner other than by will or the laws of descent and distribution.

Appears in 2 contracts

Samples: Stock Option Agreement (Altris Software Inc), Data Documents Incorporated (Data Documents Inc)

Nontransferability. Neither the Option nor any interest therein ------------------ may be sold, assigned, conveyed, gifted, pledged, hypothecated or otherwise transferred in any manner other than by will or the laws of descent and distributionmanner.

Appears in 2 contracts

Samples: Stock Option Agreement (Metro-Goldwyn-Mayer Inc), Stock Option Agreement (Metro-Goldwyn-Mayer Inc)

Nontransferability. Neither the Option nor any interest therein may be ------------------ sold, assigned, conveyed, gifted, pledged, hypothecated or otherwise transferred in any manner other than by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Metro-Goldwyn-Mayer Inc)

Nontransferability. Neither the Option nor any interest therein may be sold, assigned, conveyed, gifted, pledged, hypothecated or otherwise transferred in any manner other than by will or the laws of descent and distributiontransferred.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Voice Mobility International Inc)

Nontransferability. Neither the Option nor any interest therein may be ------------------- sold, assigned, conveyed, gifted, pledged, hypothecated or otherwise transferred in any manner other than by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (21st Century Insurance Group)

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Nontransferability. Neither the Option nor any interest therein may ------------------- be sold, assigned, conveyed, gifted, pledged, hypothecated or otherwise transferred in any manner other than by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Hawaiian Airlines Inc/Hi)

Nontransferability. Neither the Option nor any interest therein may be bE ------------------ sold, assigned, conveyed, gifted, pledged, hypothecated or otherwise transferred in any manner other than by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Stock Option Agreement (Thousand Trails Inc /De/)

Nontransferability. Neither the Option nor any interest therein may be sold, assigned, conveyed, gifted, pledged, hypothecated or otherwise transferred in any manner other than by will or the laws of descent and distributionmanner.

Appears in 1 contract

Samples: Stock Option Agreement (Tracinda Corp)

Nontransferability. Neither the Option Option, nor any interest therein may be sold, assigned, conveyed, gifted, pledged, hypothecated or otherwise transferred in any manner other than by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Executive Stock Ownership Program and the 1996 Stock Incentive (It Group Inc)

Nontransferability. Neither the Option nor any interest therein may be sold, assigned, conveyed, gifted, pledged, hypothecated or otherwise transferred in any manner by Participant other than by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Earthshell Corp)

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