Effect of Death or Disability. This Option shall be exercisable during the Employee’s lifetime only by the Employee and shall be nontransferable by the Employee otherwise than by will or the laws of descent and distribution.
Appears in 6 contracts
Samples: Stock Option Agreement (Biotime Inc), Non Qualified (AgeX Therapeutics, Inc.), Non Qualified (OncoCyte Corp)
Effect of Death or Disability. This Option option shall be exercisable during the Employee’s lifetime only by the Employee and shall be nontransferable by the Employee otherwise than by will or the laws of descent and distribution.
Appears in 3 contracts
Samples: Incentive Stock Option Agreement (Biotime Inc), Incentive Stock Option Agreement (Biotime Inc), Incentive Stock Option Agreement (Asterias Biotherapeutics, Inc.)
Effect of Death or Disability. This Option option shall be exercisable during the Employee’s 's lifetime only by the Employee and shall be nontransferable by the Employee otherwise than by will or the laws of descent and distribution.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (OncoCyte Corp), Incentive Stock Option Agreement (OncoCyte Corp)