Common use of Transfer of Option Clause in Contracts

Transfer of Option. During your lifetime, only you (or your guardian or legal representative in the event of legal incapacity) may exercise this Option. You may not assign or transfer this Option except for a transfer upon your death in accordance with your will, by the laws of descent and distribution or pursuant to a beneficiary designation submitted in accordance with Section 6(d) of the Plan. The Option held by any such transferee will continue to be subject to the same terms and conditions that were applicable to the Option immediately prior to its transfer and may be exercised by such transferee as and to the extent that the Option has become exercisable and has not terminated in accordance with the provisions of the Plan and this Agreement.

Transfer of Option. During your lifetime, only you (or your guardian or legal representative in the event of legal incapacity) may exercise this OptionOption except in the case of a transfer described below. You may not assign or transfer this Option except for other than (i) a transfer upon your death in accordance with your will, by the laws of descent and distribution or pursuant to a beneficiary designation submitted in accordance with Section 6(d) of the Plan, or (ii) pursuant to a qualified domestic relations order. The Option held by Following any such transferee will transfer, this Option shall continue to be subject to the same terms and conditions that were applicable to the this Option immediately prior to its transfer and may be exercised by such permitted transferee as and to the extent that the this Option has become exercisable and has not terminated in accordance with the provisions of the Plan and this Agreement.

Transfer of Option. During your lifetime, only you (or your guardian or legal representative in the event of legal incapacity) may exercise this Option. You may not assign or transfer this Option except for other than a transfer upon your death in accordance with your will, by the laws of descent and distribution or pursuant to a beneficiary designation submitted in accordance with Section 6(d) Article 13 of the Plan. The Option held by Following any such transferee transfer, this Option will continue to be subject to the same terms and conditions that were applicable to the this Option immediately prior to its transfer and may be exercised by such permitted transferee as and to the extent that the this Option has become exercisable and has not terminated in accordance with the provisions of the Plan and this Agreement. Whenever you are referred to in any provision of this Agreement under circumstances where the provision should logically be construed to apply to any permitted transferee of the Option, such references will be deemed to include such person or persons.

Transfer of Option. During your lifetime, only you (or your guardian or legal representative in the event of legal incapacity) may exercise this OptionOption except in the case of a transfer described below. You may not assign or transfer this Option except for other than by a transfer upon your death in accordance with your will, by the applicable laws of descent and distribution in your country or pursuant to a beneficiary designation submitted in accordance with Section 6(d) of the PlanPlan (to the extent such designation is valid under applicable law). The Option held by Following any such transferee will transfer, this Option shall continue to be subject to the same terms and conditions that were applicable to the this Option immediately prior to its transfer and may be exercised by such permitted transferee as and to the extent that the this Option has become exercisable and has not terminated in accordance with the provisions of the Plan and this Agreement.

Transfer of Option. During your lifetime, only you (or your guardian or legal representative in the event of legal incapacity) may exercise this Option. You may not assign or transfer this Option except for other than a transfer upon your death in accordance with your will, by the laws of descent and distribution or pursuant to a beneficiary designation submitted in accordance with Section 6(d) Article 15 of the Plan. The Option held by Following any such transferee will transfer, this Option shall continue to be subject to the same terms and conditions that were applicable to the this Option immediately prior to its transfer and may be exercised by such permitted transferee as and to the extent that the this Option has become exercisable and has not terminated in accordance with the provisions of the Plan and this Agreement. Whenever you are referred to in any provision of this Agreement under circumstances where the provision should logically be construed to apply to any permitted transferee of the Option, such references will be deemed to include such person or persons.

Transfer of Option. During your lifetime, only you (or your guardian or legal representative in the event of legal incapacity) may exercise this Option. You may not assign or transfer this Option except for other than a transfer upon your death in accordance with your will, by the laws of descent and distribution or pursuant to a beneficiary designation submitted in accordance with Section 6(d) of the Plan. The Option held by Following any such transferee will transfer, this Option shall continue to be subject to the same terms and conditions that were applicable to the this Option immediately prior to its transfer and may be exercised by such permitted transferee as and to the extent that the this Option has become exercisable and has not terminated in accordance with the provisions of the Plan and this Agreement.

Transfer of Option. During your lifetime, only you (or your guardian or legal representative in the event of legal incapacity) may exercise this OptionOption except in the case of a transfer described below. You may not assign or transfer this Option except for other than a transfer upon your death in accordance with your will, by the laws of descent and distribution or pursuant to a beneficiary designation submitted in accordance with Section 6(d) of the Plan. The Option held by Following any such transferee will transfer, this Option shall continue to be subject to the same terms and conditions that were applicable to the this Option immediately prior to its transfer and may be exercised by such permitted transferee as and to the extent that the this Option has become exercisable and has not terminated in accordance with the provisions of the Plan and this Agreement.

Transfer of Option. During your lifetime, only you (or your guardian or legal representative in the event of legal incapacity) may exercise this OptionOption except in the case of a transfer described below. You may not assign or transfer this Option except (i) for a transfer upon your death in accordance with your will, will or by the laws of descent and distribution distribution, or (ii) pursuant to a beneficiary designation submitted in accordance with Section 6(d) of the Plandomestic relations order. The Option held by any such transferee will continue to be subject to the same terms and conditions that were applicable to the Option immediately prior to its transfer and may be exercised by such transferee as and to the extent that the Option has become exercisable and has not terminated in accordance with the provisions of the Plan and this Agreement.

Transfer of Option. During your lifetime, only you (or your guardian or legal representative in the event of legal incapacity) may exercise this OptionOption except in the case of a transfer described below. You may not assign or transfer this Option except for other than a transfer upon your death in accordance with your will, by the laws of descent and distribution or pursuant to a beneficiary designation submitted if permitted in accordance with Section 6(d) of the Plan. The Option held by Following any such transferee will transfer, this Option shall continue to be subject to the same terms and conditions that were applicable to the this Option immediately prior to its transfer and may be exercised by such permitted transferee as and to the extent that the this Option has become exercisable and has not terminated in accordance with the provisions of the Plan and this Agreement.

Transfer of Option. During your lifetime, only you (or your guardian or legal representative in the event of legal incapacity) may exercise this Option. You may not assign or transfer this Option except for a transfer upon your death in accordance with your will, by the laws of descent and distribution or pursuant to a beneficiary designation submitted in accordance with Section 6(d) of the Plan. The Option held by Following any such transferee will transfer, this Option shall continue to be subject to the same terms and conditions that were applicable to the this Option immediately prior to its transfer and may be exercised by such permitted transferee as and to the extent that the this Option has become exercisable and has not terminated in accordance with the provisions of the Plan and this Agreement.