Nontransferability of Option. This Option shall not be assignable or transferable other than by will or the laws of descent and distribution and shall be exercisable only by the Optionee during his lifetime.
Appears in 31 contracts
Samples: Stock Option Agreement (At Track Communications Inc), Stock Option Agreement (At Track Communications Inc), Stock Option Agreement (Highwaymaster Communications Inc)
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in any manner other than by will or by the laws of descent and distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of this Option shall be exercisable only by binding upon the Optionee during his lifetimeexecutors, administrators, successors and assigns of Optionee.
Appears in 31 contracts
Samples: Non Plan Stock Option Agreement, Non Plan Stock Option Agreement (Loxo Oncology, Inc.), Non Plan Stock Option Notice and Agreement (Green Dot Corp)
Nontransferability of Option. This The Option shall may not be assignable or transferable transferred in any manner other than by will or by the laws of descent and distribution and may be exercised during the lifetime of Participant only by Participant. The terms of the Option shall be exercisable only by binding upon the Optionee during his lifetimeexecutors, administrators, successors and assigns of Participant.
Appears in 28 contracts
Samples: Option Agreement, Stock Option Agreement (Macromedia Inc), Stock Option Agreement (Macromedia Inc)
Nontransferability of Option. This Option shall is not be assignable or transferable by the Optionee other than by will or the applicable laws of descent and distribution distribution, and shall be is exercisable during the Optionee’s lifetime only by the Optionee during his lifetimeOptionee.
Appears in 24 contracts
Samples: Executive Option Agreement (CC Media Holdings Inc), Employment Agreement (CC Media Holdings Inc), Executive Option Agreement (CC Media Holdings Inc)
Nontransferability of Option. This Option shall not be assignable or transferable by the Optionee other than by will or the laws of descent and distribution distribution, and during the lifetime of the Optionee, this Option shall be exercisable only by the Optionee during his lifetimeOptionee.
Appears in 23 contracts
Samples: Stock Option Agreement (Bridgewater Bancshares Inc), Stock Option Agreement (Bridgewater Bancshares Inc), Combined Incentive and Non (Bridgewater Bancshares Inc)
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in any manner other than under the terms and conditions of the Plan or by will or by the laws of descent and distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of this Option shall be exercisable only by binding upon the Optionee during his lifetimeexecutors, administrators, successors and assigns of Optionee.
Appears in 19 contracts
Samples: Stock Option Agreement (Verisign Inc/Ca), Stock Option Agreement (Silicon Image Inc), Stock Option Agreement (China Health Resource, Inc.)
Nontransferability of Option. This Option shall may not be assignable transferred in any manner and may be exercised during the lifetime of the Optionee only by the Optionee and after death of the Optionee by the person or transferable other than persons to whom the Optionee’s rights under the Option passed by will or the laws of descent and distribution and shall be exercisable only by the Optionee during his lifetimedistribution.
Appears in 15 contracts
Samples: Nonstatutory Stock Option Agreement (Rentech Inc /Co/), Nonstatutory Stock Option Agreement (Rentech Inc /Co/), Nonstatutory Stock Option Agreement (Rentech Inc /Co/)
Nontransferability of Option. This Option option shall not be assignable or transferable by the Optionee, other than by will or the laws of descent and distribution and distribution. During the lifetime of the Optionee, this option shall be exercisable only by the Optionee during his lifetimeOptionee.
Appears in 13 contracts
Samples: Option Agreement (Rimage Corp), Option Agreement (Rimage Corp), Incentive Stock Option Agreement (Rimage Corp)
Nontransferability of Option. This Option shall not be assignable or transferable other by Optionee otherwise than by will or by the laws of descent and distribution and distribution. The terms of this Option shall be exercisable only by binding on the Optionee during his lifetimeexecutors, administrators, heirs and Successors of Optionee.
Appears in 8 contracts
Samples: Non Qualified Stock Option Award Agreement (Ingram Micro Inc), Non Qualified Stock Option Award Agreement (Ingram Micro Inc), Non Qualified Stock Option (Ingram Micro Inc)
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in any manner other than by will or by the laws of descent and distribution and distribution. During the lifetime of Optionee, the Option shall be exercisable only by Optionee personally or by the Optionee during his lifetimeOptionee's legal representative. The terms of this Option shall be binding upon the executors, administrators, successors and assigns of Optionee.
Appears in 7 contracts
Samples: Stock Option Agreement (Stamford Industrial Group, Inc.), Stock Option Agreement (Stamford Industrial Group, Inc.), Stock Option Agreement (Stamford Industrial Group, Inc.)
Nontransferability of Option. This The Option shall not be assignable or transferable by Optionee, other than by will or the laws of descent and distribution and distribution. During the lifetime of Optionee, the Option shall be exercisable only by the Optionee during his lifetimeOptionee.
Appears in 7 contracts
Samples: Stock Option Agreement (Qumu Corp), Qumu Corporation Stock Option Agreement (Qumu Corp), Rimage Corporation Stock Option Agreement (Rimage Corp)
Nontransferability of Option. This Option shall not be assignable or transferable other by the Optionee otherwise than by will or the laws of descent or distribution, and distribution and this Option shall be exercisable during the Optionee’s lifetime only by the Optionee during his lifetimehim or her.
Appears in 6 contracts
Samples: Stock Option Agreement (Solomon Technologies Inc), Stock Option Agreement (Solomon Technologies Inc), Stock Option Agreement (Solomon Technologies Inc)
Nontransferability of Option. This The Option shall may not be assignable transferred, in whole or transferable other than in part, except by will or the applicable laws of descent and distribution and shall distribution. The Option may not be exercisable only exercised by any person other than the Optionee or, in the case of the Optionee's death, by the Optionee during his lifetimeperson to whom the Optionee's rights have passed by will or by the applicable laws of descent and distribution.
Appears in 6 contracts
Samples: Restricted Stock Agreement (Cdi Corp), Employment Agreement (Cdi Corp), Employment Agreement (Cdi Corp)
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in any manner other than by will or by the laws of descent and distribution and may be exercised (i) during the lifetime of Optionee only by Optionee, and (ii) after Optionee’s death, by the legal representative of the Optionee’s heirs or legatees. The terms of this Option shall be exercisable only by binding upon the Optionee during his lifetimeexecutors, administrators, successors and assigns of Optionee.
Appears in 5 contracts
Samples: Non Plan Stock Option Agreement (Cepheid), Non Plan Stock Option Agreement (Cepheid), Non Plan Stock Option Agreement (Cepheid)
Nontransferability of Option. This The Option shall not be assignable or transferable other than by will or the laws of descent and or distribution and shall be exercisable exercisable, during Optionee's lifetime, only by the Optionee during his lifetimeOptionee.
Appears in 5 contracts
Samples: Non Qualified Stock Option Grant Agreement (Veru Inc.), Non Qualified Stock Option Grant Agreement (Veru Inc.), Non Qualified Stock Option Grant Agreement (Veru Inc.)
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in ---------------------------- any manner other than by will or by the laws of descent decent and distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of this Option shall be exercisable only by binding upon the Optionee during his lifetimeexecutors, administrators, successor and assigns of Optionee.
Appears in 4 contracts
Samples: Nonqualified Stock Option Agreement (Exodus Communications Inc), Nonqualified Stock Option Agreement (Exodus Communications Inc), Nonqualified Stock Option Agreement (Exodus Communications Inc)
Nontransferability of Option. This Option shall not be assignable or transferable other by the Optionee otherwise than by will or by the laws of descent and distribution distribution, and is exercisable during Optionee's lifetime only by Optionee. The terms of this Option shall be exercisable only by binding on the Optionee during his lifetimeexecutors, administrators, heirs and successors of Optionee.
Appears in 4 contracts
Samples: Stock Option Agreement (Community Financial Group Inc), Non Qualified Stock Option Agreement (Community Financial Group Inc), Stock Option Agreement (Community Financial Group Inc)
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in any manner, other than by will or by the laws of descent and distribution and distribution. In addition, except as expressly permitted under the Plan for NQSOs, during Optionee's lifetime, this Option may only be exercised Optionee. The terms of this Option shall be exercisable only binding upon the executor, administrators, successors and assigns of Optionee. However, if this Option is a NQSO, it may be transferred to the extent allowed by the Optionee during his lifetimePlan.
Appears in 3 contracts
Samples: Option Agreement (Behringer Harvard Opportunity REIT I, Inc.), Award Plan Stock Option Agreement (Behringer Harvard Reit I Inc), Stock Option Agreement (Behringer Harvard Opportunity REIT I, Inc.)
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in any manner other than by will or by the laws law of descent and distribution and shall may be exercisable exercised during the lifetime of Optionee only by the Optionee during his lifetimeOptionee.
Appears in 3 contracts
Samples: Stock Option Agreement (Impax Laboratories Inc), Stock Option Agreement (Impax Laboratories Inc), Stock Option Agreement (Impax Laboratories Inc)
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in any manner other than by will or by the laws law of descent and distribution and may be exercised during the lifetime of Optionee only by Optionee or other permitted transferee. The terms of this Option shall be exercisable only by binding upon the Optionee during his lifetimeexecutors, administrators, successors and assigns of the Optionee.
Appears in 3 contracts
Samples: Grant Agreement (Sussex Bancorp), Stock Option Exercise Agreement (NovaBay Pharmaceuticals, Inc.), Stock Option Exercise Agreement (NovaBay Pharmaceuticals, Inc.)
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in any manner, other than by will or by the laws of descent and distribution and distribution. In addition, except as expressly permitted under the Plan, during Recipient’s lifetime, this Option may be exercised only by Recipient. The terms of this Option shall be exercisable only by binding upon the Optionee during his lifetimeexecutor, administrators, successors and assigns of Recipient.
Appears in 3 contracts
Samples: Agreement (ViewRay, Inc.), Agreement (ViewRay, Inc.), Agreement (Viewray Inc)
Nontransferability of Option. This Option shall may not be assignable or transferable other transferred in any manner otherwise than by will or by the laws of descent and or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of this Option shall be exercisable only by binding upon the Optionee during his lifetimeexecutors, administrators, heirs, successors and assigns of the Optionee.
Appears in 3 contracts
Samples: Employment Agreement, Vice President Employment Agreement (Globus Medical Inc), Vice President Employment Agreement (Globus Medical Inc)
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in any ---------------------------- manner, other than by will or by the laws of descent and distribution distribution, and may be exercised during Optionee's lifetime only by Optionee. The terms of this Option shall be exercisable only by binding upon the Optionee during his lifetimeexecutor, administrators, successors and assigns of Optionee.
Appears in 3 contracts
Samples: Employment Agreement (Infocure Corp), Employment Agreement (Infocure Corp), Employment Agreement (Infocure Corp)
Nontransferability of Option. This Option shall not be assignable assigned, alienated, pledged, attached, sold or transferable other than otherwise transferred by Optionee except by will or by the laws of descent and distribution and distribution. The terms of this Option shall be exercisable only by binding on the Optionee during his lifetimeexecutors, administrators, heirs and successors of Optionee.
Appears in 3 contracts
Samples: 2011 Incentive Plan (Ingram Micro Inc), Qualified Stock Option Award Agreement (Ingram Micro Inc), Non Qualified Stock Option Award Agreement (Ingram Micro Inc)
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in any manner, other than by will or by the laws of descent and distribution and distribution, or except to the extent allowed by the Plan. In addition, except as expressly permitted under the Plan, during Optionee’s lifetime, this Option may be exercised only by Optionee. The terms of this Option shall be exercisable only by binding upon the Optionee during his lifetimeexecutor, administrators, successors and assigns of Optionee.
Appears in 2 contracts
Samples: Incentive Plan Stock Option Agreement (Cole Credit Property Trust III, Inc.), Incentive Plan Stock Option Agreement (Cole Retail Income Trust, Inc.)
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in any manner, other than by will or by the laws of descent and distribution distribution, and may be exercised during Optionee’s lifetime only by Optionee. The terms of this Option shall be exercisable only by binding upon the Optionee during his lifetimeexecutor, administrators, successors and assigns of Optionee.
Appears in 2 contracts
Samples: Stock Option Agreement (Manhattan Associates Inc), Release and Settlement Agreement (Optio Software Inc)
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in any manner, other than by will or by the laws of descent and distribution distribution, and may be exercised during Optionee’s lifetime only by Optionee. The terms of this Option shall be exercisable only binding upon the executor, administrators, successors and assigns of Optionee. However, if this Option is a NQSO, it may be transferred to the extent allowed by the Optionee during his lifetimePlan.
Appears in 2 contracts
Samples: 2004 Stock Incentive Plan Stock Option Agreement (Sciquest Inc), 2004 Stock Incentive Plan (Pokertek Inc)
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in any manner other than by will or by the laws of descent and distribution and distribution. During the lifetime of Optionee, the Option shall be exercisable only by Optionee personally or by the Optionee during his lifetimeOptionee’s legal representative. The terms of this Option shall be binding upon the executors, administrators, successors and assigns of Optionee.
Appears in 2 contracts
Samples: Stock Option Agreement (Langer Inc), Stock Option Agreement (Langer Inc)
Nontransferability of Option. This Option shall may not be assignable or transferable other transferred in any manner otherwise than by will or by the laws of descent and or distribution and shall may be exercisable exercised during the lifetime of Optionee only by the Optionee during his lifetimeOptionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.
Appears in 2 contracts
Samples: Stock Option Agreement (Cyberonics Inc), Stock Option Agreement (Cyberonics Inc)
Nontransferability of Option. This Option shall may not be assignable transferred in any manner, nor may it be made subject to execution, attachment or transferable similar process, other than by will or by the laws of descent and distribution distribution, and this Option may be exercised during the lifetime of Optionee only by Optionee. The terms of this Option shall be exercisable only by binding upon the Optionee during his lifetimeexecutors, administrators, successors and assigns of Optionee.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (HNC Software Inc/De), Non Qualified Stock Option Agreement (HNC Software Inc/De)
Nontransferability of Option. This Option shall is not be assignable or transferable by the Optionee other than by will or the applicable laws of descent and distribution and shall be distribution, and, subject to the foregoing provision, is exercisable during the Optionee’s lifetime only by the Optionee during his lifetimeOptionee.
Appears in 2 contracts
Samples: Employment Agreement (C C Media Holdings Inc), Employment Agreement (BT Triple Crown Capital Holdings III, Inc.)
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in any manner, other than by will or by the laws of descent and distribution and distribution. In addition, except as expressly permitted under the Plan for NQSOs, during Optionee’s lifetime, this Option may only be exercised Optionee. The terms of this Option shall be exercisable only binding upon the executor, administrators, successors and assigns of Optionee. However, if this Option is a NQSO, it may be transferred to the extent allowed by the Optionee during his lifetimePlan.
Appears in 2 contracts
Samples: Stock Option Agreement (Behringer Harvard Opportunity REIT I, Inc.), Stock Option Agreement (Behringer Harvard Opportunity REIT I, Inc.)
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in any manner, other than by will or by the laws of descent and distribution distribution, and may be exercised during Optionee's lifetime only by Optionee. The terms of this Option shall be exercisable only binding upon the executor, administrators, successors and assigns of Optionee. However, notwithstanding the foregoing, this Option may be transferred to the extent allowed by the Optionee during his lifetimePlan.
Appears in 2 contracts
Samples: Plan Stock Option Agreement (Cole Credit Property Trust II Inc), Plan Stock Option Agreement (Cole Credit Property Trust II Inc)
Nontransferability of Option. This Option shall not be assignable or transferable other by the Optionee otherwise than (i) by will or by the laws of descent and distribution and shall be exercisable only distribution, or (ii) transfers by the Optionee during to a member of his lifetimeor her Immediate Family or a trust for the benefit of the Optionee or a member of his or her Immediate Family. The terms of this Option shall be binding on the executors, administrators, heirs and successors of the Optionee.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (American Healthways Inc), Non Qualified Stock Option Agreement (Healthways, Inc)
Nontransferability of Option. This Option shall may not be assignable or transferable other transferred in any manner otherwise than by will or the laws of descent and or distribution and may be exercised during the lifetime of the Optionee only by him. The terms of this Option shall be exercisable only by binding upon the Optionee during his lifetimeexecutors, administrators, heirs, successors and assigns of the Optionee.
Appears in 2 contracts
Samples: Stock Option Agreement (New Iberia Bancorp Inc), Stock Option Agreement (Zions Bancorporation /Ut/)
Nontransferability of Option. This Option shall may not be assignable or transferable other transferred in any manner otherwise than by will or the laws of descent and or distribution and shall may be exercisable exercised during the lifetime of the Optionee only by the Optionee during his lifetimeOptionee. The terms of this Option shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Cerbco Inc), Incentive Stock Option Agreement (Insituform East Inc)
Nontransferability of Option. This Option shall not be assignable or transferable by Optionee other than by will or by the laws of descent and distribution and distribution. The terms of this Option shall be exercisable only by binding on the Optionee during his lifetimeexecutors, administrators, heirs and successors of Optionee.
Appears in 2 contracts
Samples: Non Qualified Stock Option Award Agreement (Ingram Micro Inc), Non Qualified Stock Option Award Agreement (Ingram Micro Inc)
Nontransferability of Option. This Option shall may not be assignable transferred in any manner and may be exercised during the lifetime of the Optionee only by the Optionee and after death of the Optionee by the person or transferable other than persons to whom the Optionee's rights under the Option passed by will or the laws of descent and distribution and shall be exercisable only by the Optionee during his lifetimedistribution.
Appears in 2 contracts
Samples: Nonstatutory Stock Option Agreement (Rentech Inc /Co/), Incentive Stock Option Agreement (Rentech Inc /Co/)
Nontransferability of Option. This Option shall may not be assignable or transferable other transferred in any manner otherwise than by will or by the laws of descent and or distribution and shall may be exercisable exercised during the lifetime of the Optionee only by the Optionee during his lifetimeOptionee. The terms of this Option shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Willamette Valley Vineyards Inc), Nonqualified Stock Option Agreement (Willamette Valley Vineyards Inc)
Nontransferability of Option. This Option shall option may not be assignable or transferable other transferred by the Optionee otherwise than by will or the laws of descent and distribution distribution, and shall during the Optionee’s lifetime this option may be exercisable exercised only by the Optionee during his lifetimeOptionee.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Eplus Inc), Incentive Stock Option Agreement (Ca, Inc.)
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in any manner other than under the terms and conditions of the Plan or by will or by the laws of descent and distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of this Option shall be exercisable only by binding upon the Optionee during his lifetimelegal representative or authorized assignee of Optionee.
Appears in 2 contracts
Samples: Stock Option Agreement (Silicon Image Inc), Stock Option Agreement (Silicon Image Inc)
Nontransferability of Option. This The Option shall may not be assignable or transferable transferred in any manner other than by will or by the laws of descent and distribution and may be exercised during the lifetime of Optionee only by Optionee or in the event of Optionee's incapacity, by Optionee's legal representative. The terms of this Agreement shall be exercisable only by binding upon the Optionee during his lifetimeexecutors, administrators, successors and assigns of Optionee.
Appears in 1 contract
Nontransferability of Option. This The Option shall may not be assignable or transferable transferred in any manner other than by will or by the laws of descent and distribution and or distribution. The exercise of an Option so transferred shall be exercisable only by subject to the Optionee during his lifetimeterms of this Agreement.
Appears in 1 contract
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in any manner, other than by will or by the laws of descent and distribution distribution, except to the extent expressly allowed by the Plan, and may be exercised during Optionee’s lifetime only by Optionee. The terms of this Option shall be exercisable only by binding upon the Optionee during his lifetimeexecutor, administrators, successors and assigns of Optionee.
Appears in 1 contract
Samples: Qualcomm Inc/De
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in any manner, other than by will or by the laws of descent and distribution distribution, and may be exercised during Optionee’s lifetime only by Optionee or to the extent allowed by the Agreement. The terms of this Option shall be exercisable only by binding upon the Optionee during his lifetimeexecutor, administrators, successors and assigns of Optionee.
Appears in 1 contract
Nontransferability of Option. This Option shall may not be assignable or transferable other transferred in any manner otherwise than by will or by the laws of descent or distribution or a qualified domestic relations order and distribution and shall may be exercisable exercised during the lifetime of Optionee only by the Optionee during his lifetimeOptionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.
Appears in 1 contract
Nontransferability of Option. This The Option shall not be assignable or transferable by the Optionee other than transfers by will or by the laws of descent and distribution and distribution. The terms of the Option shall be exercisable binding on the executors, administrators, heirs, and successors of the Optionee. The Option shall be exercisable, during the Optionee's lifetime, only by the Optionee during his lifetimeOptionee.
Appears in 1 contract
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in any manner other than by will or by the laws of descent and distribution and distribution. During the lifetime of Optionee, the Option shall be exercisable only by Optionee personally or by the Optionee during his lifetimeOptionee’s legal representative. The terms of this Option shall be binding upon the successors and assigns of Optionee.
Appears in 1 contract
Samples: Stock Option Agreement (Langer Inc)
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in any manner other than by will or by the laws of descent and distribution distribution, and may be exercised during the lifetime of Optionee only by Optionee. The terms of this Option shall be exercisable only by binding upon the Optionee during his lifetimeexecutors, administrators, successors, and assigns of Optionee.
Appears in 1 contract
Nontransferability of Option. This Option shall option may not be assignable or transferable other transferred in any manner otherwise than by will or the laws of descent and or distribution and shall may be exercisable exercised during the lifetime of the Optionee only by the Optionee during his lifetimeOptionee. The terms of this option shall be binding upon the personal representatives, heirs, successors, and assigns of the Optionee.
Appears in 1 contract
Samples: Duncan Stock Option Agreement (First Bancshares Inc /Mo/)
Nontransferability of Option. This Option shall may not be assignable or transferable other than transferred ---------------------------- in any manner and may be exercised during the lifetime of Optionee only by will or the laws Optionee. The terms of descent and distribution and this Option shall be exercisable only by binding upon the Optionee during his lifetimeexecutors and administrators of Optionee.
Appears in 1 contract
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in any manner, other than by will or by the laws of descent and distribution distribution, and may be exercised during Optionee's lifetime only by Optionee. The terms of this Option shall be exercisable only by binding upon the Optionee during his lifetimeexecutor, administrators, successors and assigns of Optionee.
Appears in 1 contract
Samples: Witness Systems Inc
Nontransferability of Option. This Option shall may not be assignable or transferable transferred ---------------------------- in any manner other than under the terms and conditions of the Plan or by will or by the laws of descent and distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of this Option shall be exercisable only by binding upon the Optionee during his lifetimeexecutors, administrators, successors and assigns of Optionee.
Appears in 1 contract
Samples: Stock Option Agreement (Netopia Inc)
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in any manner, other than by will or by the laws of descent and distribution distribution, and may be exercised during Optionee's lifetime only by Optionee. The terms of this Option shall be exercisable only binding upon the executor, administrators, successors and assigns of Optionee. However, if this Option is a NQSO, it may be transferred to the extent allowed by the Optionee during his lifetimePlan.
Appears in 1 contract
Nontransferability of Option. This Option shall may not be assignable or transferable transferred ---------------------------- in any manner other than by will or by the laws of descent and distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of this Option shall be exercisable only by binding upon the Optionee during his lifetimeexecutors, administrators, successors and assigns of Optionee.
Appears in 1 contract
Samples: Stock Option Agreement (Tsi International Software LTD)
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in ---------------------------- any manner other than by will or by the laws of descent and distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of this Option shall be exercisable only by binding upon the Optionee during his lifetimeexecutors, administrators, successors and assigns of Optionee.
Appears in 1 contract
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in any manner other than by will or by the laws of descent and distribution and may be exercised during the lifetime of Optionee only by Optionee or any permitted transferee as set forth in the Plan. The terms of this Option shall be exercisable only by binding upon the Optionee during his lifetimeexecutors, administrators, successors and assigns of the Optionee.
Appears in 1 contract
Nontransferability of Option. This Option shall may not be assignable or transferable ---------------------------- transferred in any manner other than by will or by the laws of descent decent and distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of this Option shall be exercisable only by binding upon the Optionee during his lifetimeexecutors, administrators, successor and assigns of Optionee.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Exodus Communications Inc)
Nontransferability of Option. This Option shall may not be assignable transferred in any manner and may be exercised diluting the lifetime of the Optionee only by the Optionee and after death of the Optionee by the person or transferable other than persons to whom the Optionee’s rights under the Option passed by will or the laws of descent and distribution and shall be exercisable only by the Optionee during his lifetimedistribution.
Appears in 1 contract
Samples: Nonstatutory Stock Option Agreement (Rentech Inc /Co/)
Nontransferability of Option. This Except as otherwise set forth in Section 11 of the Plan, this Option shall may not be assignable or transferable transferred in any manner other than by will or by the laws of descent and distribution distribution, and may be exercised during the lifetime of Optionee only by Optionee. The terms of this Option shall be exercisable only by binding upon the Optionee during his lifetimeexecutors, administrators, successors, and assigns of Optionee.
Appears in 1 contract
Nontransferability of Option. This Option option shall not be assignable or transferable by the Optionee, other than by will or the laws of descent and distribution and distribution. During the lifetime of the Optionee, this option shall be exercisable exercisable only by the Optionee during his lifetimeOptionee.
Appears in 1 contract
Samples: Agreement (Vital Images Inc)
Nontransferability of Option. This Option shall may not be assignable or transferable transferred in any manner other than by will or by the laws law of descent and distribution and shall may be exercisable exercised during the lifetime of the Optionee only by the Optionee during his lifetimeOptionee. The terms of this Option shall be binding upon the executors, administrators, successors and assigns of Optionee.
Appears in 1 contract
Samples: Symantec Corporation Stock Option Agreement (Symantec Corp)
