Transfer of Option. The Option may not be sold, pledged, assigned or transferred in any manner other than by will or by the laws of descent or distribution, unless otherwise agreed by the Committee.
Appears in 6 contracts
Samples: Nonqualified Stock Option Agreement (Investors Title Co), Nonqualified Stock Option Agreement (Bingham Arthur F), Incentive Stock Option Agreement (Wellington Hall LTD)
Transfer of Option. The Except as otherwise determined by the Committee, the Option may not be sold, pledgedtransferred, assigned or transferred in any manner other than pledged (except by will or by the laws of descent or and distribution, unless otherwise agreed by the Committeeor pursuant to a domestic relations order).
Appears in 5 contracts
Samples: Non Qualified Stock Option Award Agreement (Paychex Inc), Incentive Plan (Paychex Inc), Non Qualified Stock Option Award Agreement (Paychex Inc)
Transfer of Option. The Option may not be sold, pledged, assigned or transferred in any manner other than by will or by the laws of descent or distribution, unless otherwise agreed by the Committee.
Appears in 4 contracts
Samples: Nonqualified Stock Option Agreement (Investors Title Co), Incentive Stock Option Agreement (Investors Title Co), Nonqualified Stock Option Agreement (Investors Title Co)
Transfer of Option. The Except as otherwise determined by the Committee, the Option may not be sold, pledgedtransferred, assigned or transferred in any manner other than pledged (except by will or by the laws of descent or and distribution, unless otherwise agreed or pursuant to a domestic relations order) and the Option is only exercisable by the Committeeyou during your lifetime.
Appears in 2 contracts
Samples: Incentive Plan (Paychex Inc), Award Agreement (Paychex Inc)
Transfer of Option. The Option may not be sold, pledged, assigned or transferred in any manner other than by will or by the laws of descent or distribution, unless otherwise agreed by the Committee.. 1
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Investors Title Co)
