Common use of Transfer of Option Clause in Contracts

Transfer of Option. You may not transfer this Option except by will or the laws of descent and distribution, and, during your lifetime, only you may exercise this Option.

Appears in 18 contracts

Samples: Stock Option Agreement (Boot Barn Holdings, Inc.), Incentive Stock Option Agreement (Uluru Inc.), Stock Option Award Agreement (PennyMac Financial Services, Inc.)

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Transfer of Option. You Except if and to the extent otherwise provided under the Plan, you may not transfer this Option except by will or the laws of descent and distribution, and, during your lifetime, only you may exercise this Option.

Appears in 3 contracts

Samples: Stock Option Agreement (Proteon Therapeutics Inc), Restricted Stock Unit Award Agreement (ArTara Therapeutics, Inc.), Stock Option Agreement (ArTara Therapeutics, Inc.)

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Transfer of Option. You may not transfer this Option except by will or the laws of descent and distributiondistribution or pursuant to Section 9, and, during your lifetime, only you may exercise this Option.

Appears in 3 contracts

Samples: Stock Option Award Agreement (PennyMac Financial Services, Inc.), Stock Option Award Agreement (PennyMac Financial Services, Inc.), Stock Option Award Agreement (PennyMac Financial Services, Inc.)

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