Exception for Certain Family Transfers. Anything to the contrary contained in this Section 5 notwithstanding, the transfer of any or all of the Shares during the Participant’s lifetime or on the Participant’s death by will or intestacy to the Participant’s immediate family or a trust for the benefit of the Participant’s immediate family shall be exempt from the provisions of this Section 5. “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Section 5, and there shall be no further transfer of such Shares except in accordance with the terms of this Section 5.
Appears in 94 contracts
Sources: Stock Option Agreement (Alto Neuroscience, Inc.), Stock Option Agreement (Carmot Therapeutics Inc.), Stock Option Agreement (Electronic Servitor Publication Network, Inc.)
Exception for Certain Family Transfers. Anything to the contrary contained in this Section 5 notwithstanding, the transfer of any or all of the Shares during the Participant’s lifetime or on the Participant’s death by will or intestacy to the Participant’s immediate family or a trust for the benefit of the Participant’s immediate family shall be exempt from the provisions of this Section 5. “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Section 5, and there shall be no further transfer of such Shares except in accordance with the terms of this Section 5.
Appears in 14 contracts
Sources: Stock Option Agreement (Finwise Bancorp), Stock Option Agreement (Finwise Bancorp), Stand Alone Stock Option Agreement (Vaxcyte, Inc.)
Exception for Certain Family Transfers. Anything to the contrary contained in this Section 5 notwithstanding, the transfer of any or all of the Shares during the ParticipantOptionee’s lifetime or on the ParticipantOptionee’s death by will or intestacy to the ParticipantOptionee’s immediate family or a trust for the benefit of the ParticipantOptionee’s immediate family shall be exempt from the provisions of this Section 5. “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Section 5, and there shall be no further transfer of such Shares except in accordance with the terms of this Section 5.
Appears in 13 contracts
Sources: Stock Option Agreement (Avenue Therapeutics, Inc.), Stock Option Agreement (Skillz Inc.), Stock Option Agreement (Peninsula Acquisition Corp)
Exception for Certain Family Transfers. Anything to the contrary contained in this Section 5 notwithstanding, the transfer of any or all of the Shares during the Participant’s lifetime or on the Participant’s death by will or intestacy to the Participant’s immediate family Immediate Family or a trust for the benefit of the Participant’s immediate family Immediate Family shall be exempt from the provisions of this Section 5. “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Section 5, and there shall be no further transfer of such Shares except in accordance with the terms of this Section 5.
Appears in 7 contracts
Sources: Stock Option Agreement (Carmot Therapeutics Inc.), Stock Option Agreement (Better Home & Finance Holding Co), Restricted Stock Unit Agreement (Better Home & Finance Holding Co)
Exception for Certain Family Transfers. Anything to the contrary contained in this Section 5 notwithstanding, the transfer Transfer of any or all of the Shares during the ParticipantPurchaser’s lifetime or on upon the ParticipantPurchaser’s death by will or intestacy to the ParticipantPurchaser’s immediate family Immediate Family or a trust for the benefit of the ParticipantPurchaser’s immediate family Immediate Family shall be exempt from the provisions Right of this Section 5First Refusal. As used herein, “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sistersister or stepchild (whether or not adopted). In such case, the transferee or other recipient shall receive and hold the Shares so transferred Transferred subject to the provisions of this Section 5Agreement, and there shall be no further transfer Transfer of such Shares except in accordance with the terms of this Section 5.
Appears in 6 contracts
Sources: Restricted Stock Purchase Agreement (Gritstone Oncology, Inc.), Offer Letter (Nevro Corp), Restricted Stock Purchase Agreement (Corvus Pharmaceuticals, Inc.)
Exception for Certain Family Transfers. Anything to the contrary contained in this Section 5 notwithstanding, the transfer of any or all of the Shares Units during the ParticipantOptionee’s lifetime or on the ParticipantOptionee’s death by will or intestacy to the ParticipantOptionee’s immediate family or a trust for the benefit of the ParticipantOptionee’s immediate family shall be exempt from the provisions of this Section 5. “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares Units so transferred subject to the provisions of this Section 5, and there shall be no further transfer of such Shares Units except in accordance with the terms of this Section 5.
Appears in 4 contracts
Sources: Unit Option Agreement, Option Agreement (TearLab Corp), Option Agreement (Gigamon LLC)
Exception for Certain Family Transfers. Anything to the contrary contained in this Section 5 notwithstanding, the transfer of any or all of the Shares during the Participant’s 's lifetime or on the Participant’s 's death by will or intestacy to the Participant’s 's immediate family or a trust for the benefit of the Participant’s 's immediate family shall be exempt from the provisions of this Section 5Section. “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Section 5, and there shall be no further transfer of such Shares except in accordance with the terms of this Section 5Section.
Appears in 2 contracts
Sources: Non Plan Stock Option Award (Ra Medical Systems, Inc.), Non Plan Stock Option Award (Ra Medical Systems, Inc.)
Exception for Certain Family Transfers. Anything to the contrary contained in this Section 5 notwithstanding, the transfer of any or all of the Shares during the Participant’s lifetime or on the Participant’s death by will or intestacy to the Participant’s immediate family or a trust for the benefit of the Participant’s immediate family shall will be exempt from the provisions of this Section 5. “Immediate Family” as used herein shall will mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall will receive and hold the Shares so transferred subject to the provisions of this Section 5, and there shall will be no further transfer of such Shares except in accordance with the terms of this Section 5.
Appears in 2 contracts
Sources: Stock Option Agreement (Complete Solaria, Inc.), Stock Option Agreement (Complete Solaria, Inc.)
Exception for Certain Family Transfers. Anything to the contrary contained in this Section 5 notwithstanding, the transfer of any or all of the Shares during the ParticipantOptionee’s lifetime or on the ParticipantOptionee’s death by will or intestacy to the ParticipantOptionee’s immediate family or a trust for the benefit of the ParticipantOptionee’s immediate family shall be exempt from the provisions of this Section 5. “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Section 5, and there shall be no further transfer of such Shares except in accordance with the terms of this Section 5.
Appears in 2 contracts
Sources: Stock Option Agreement (Intuit Inc), Stock Option Agreement (Intuit Inc)
Exception for Certain Family Transfers. Anything to the contrary contained in this Section 5 notwithstanding, the transfer of any or all of the Shares during the Participant’s lifetime or on the Participant’s death by will or intestacy to the Participant’s immediate family or a trust for the benefit of the Participant’s immediate family shall be exempt from the provisions of this Section 5Section. “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Section 5, and there shall be no further transfer of such Shares except in accordance with the terms of this Section 5Section.
Appears in 2 contracts
Sources: Nonqualified Stock Option Agreement (Revel Entertainment Group, LLC), Incentive Stock Option Agreement (Revel Entertainment Group, LLC)
Exception for Certain Family Transfers. Anything to the contrary contained in this Section 5 6 notwithstanding, the transfer of any or all of the Shares during the Participant’s lifetime or on the Participant’s death by will or intestacy to the Participant’s immediate family or a trust for the benefit of the Participant’s immediate family shall be exempt from the provisions of this Section 56. “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Section 56, and there shall be no further transfer of such Shares except in accordance with the terms of this Section 56.
Appears in 2 contracts
Sources: Stock Option Agreement (Domo, Inc.), Stock Option Agreement (Domo, Inc.)
Exception for Certain Family Transfers. Anything to the contrary contained in this Section 5 notwithstanding, the transfer of any or all of the Shares during the Participant’s lifetime or on the Participant’s death by will or intestacy to the Participant’s immediate family or a trust for the benefit of the Participant’s immediate family shall be exempt from the provisions of this Section 5. “Immediate Familyfamily” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Section 5, and there shall be no further transfer of such Shares except in accordance with the terms of this Section 5.
Appears in 2 contracts
Sources: Stock Option Agreement (Via Transportation, Inc.), Stock Option Agreement (Supernova Partners Acquisition Co II, Ltd.)
Exception for Certain Family Transfers. Anything to the contrary contained in this Section 5 6 notwithstanding, the transfer of any or all of the Shares during the Participant’s lifetime or on the Participant’s death by will or intestacy to the Participant’s immediate family Immediate Family or a trust for the benefit of the Participant’s immediate family Immediate Family shall be exempt from the provisions of this Section 56. “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Section 56, and there shall be no further transfer of such Shares except in accordance with the terms of this Section 5.6
Appears in 2 contracts
Sources: Restricted Stock Unit Agreement (Better Home & Finance Holding Co), Restricted Stock Unit Agreement (Better Home & Finance Holding Co)
Exception for Certain Family Transfers. Anything to the contrary contained in this Section 5 Section-5 notwithstanding, the transfer of any or all of the Shares during the Participant’s lifetime or on the Participant’s death by will or intestacy to the Participant’s immediate family or a trust for the benefit of the Participant’s immediate family shall be exempt from the provisions of this Section 5Section-5. “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Section 5Section-5, and there shall be no further transfer of such Shares except in accordance with the terms of this Section 5Section-5.
Appears in 1 contract
Sources: Stock Option Agreement (Eargo, Inc.)
Exception for Certain Family Transfers. Anything to the contrary contained in this Section 5 notwithstanding, the transfer of any or all of the Shares during the Participant’s lifetime or on the Participant’s death by will or intestacy to the Participant’s immediate family or a trust for the benefit of the Participant’s immediate family shall be exempt from the provisions of this Section 5. “Immediate Familyfamily” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Section 55 , and there shall be no further transfer of such Shares except in accordance with the terms of this Section 5.
Appears in 1 contract
Exception for Certain Family Transfers. Anything to the contrary contained in this Section 5 notwithstanding, the transfer of any or all of the Shares during the Participant’s lifetime or on the Participant’s death by will or intestacy to the Participant’s immediate family or a trust for the benefit of the Participant’s immediate family shall be exempt from the provisions of this Section 5. “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Section 5, and there shall be no further transfer of such Shares except in accordance with the terms of this Section 5.. (g)
Appears in 1 contract
Sources: Stock Option Agreement (Tempest Therapeutics, Inc.)
Exception for Certain Family Transfers. Anything to the contrary contained in this Section 5 notwithstanding, the transfer of any or all of the Shares during the Participant’s lifetime or on the Participant’s death by will or intestacy to the Participant’s immediate family or a trust for the benefit of the Participant’s immediate family shall be exempt from the provisions of this Section 5. “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother brother, or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Section 5, and there shall be no further transfer of such Shares except in accordance with the terms of this Section 5.
Appears in 1 contract
Exception for Certain Family Transfers. Anything Notwithstanding anything to the contrary contained in this Section 5 notwithstanding5, the transfer Transfer of any or all of the Shares during the ParticipantOptionee’s lifetime or on the ParticipantOptionee’s death by will or intestacy to the ParticipantOptionee’s immediate family or a trust for the benefit of the ParticipantOptionee’s immediate family shall be exempt from the provisions of this Section 5. “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother brother, or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred Transferred subject to the provisions of this Section 5, and there shall be no further transfer Transfer of such Shares except in accordance with the terms of this Section 5.
Appears in 1 contract
Exception for Certain Family Transfers. Anything to the contrary contained in this Section 5 notwithstanding, the transfer of any or all of the Shares during the Participant’s lifetime or on the Participant’s death by will or intestacy to the Participant’s immediate family Immediate Family or a trust for the benefit of the Participant’s immediate family Immediate Family shall be exempt from the provisions of this Section 5. “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Section 5, and there shall be no further transfer of such Shares except in accordance with the terms of this Section 5.
Appears in 1 contract
Exception for Certain Family Transfers. Anything to the contrary contained in this Section 5 notwithstanding, the transfer of any or all of the Shares during the Participant’s lifetime or on the Participant’s death by will or intestacy to the Participant’s immediate family or a trust for the benefit of the Participant’s immediate family shall be exempt from the provisions of this Section 5. “Immediate Family” as used herein shall mean spouse, or lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Section 5, 5 and there shall be no further transfer of such Shares except in accordance with the terms of this Section 5.
Appears in 1 contract
Exception for Certain Family Transfers. Anything to the contrary contained in this Section 5 notwithstanding, the transfer of any or all of the Shares during the Participant’s lifetime or on the Participant’s death by will or intestacy to the Participant’s immediate family or a trust for the benefit of the Participant’s immediate family shall be exempt from the provisions of this Section 5. “Immediate Familyfamily” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Section 5, and there shall be no further transfer of such Shares except in accordance with the terms of this Section 5.
Appears in 1 contract
Sources: Stock Option Agreement (Nyiax, Inc.)
Exception for Certain Family Transfers. Anything to the contrary contained in this Section 5 notwithstanding, the transfer of any or all of the Shares during the Participant’s Founder's lifetime or on the Participant’s Founder's death by will or intestacy to the Participant’s Founder's immediate family or a trust for the benefit of the Participant’s Founder's immediate family shall be exempt from the provisions of this Section 5Section. “Immediate Family” "IMMEDIATE FAMILY" as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and agree in writing to hold the Shares so transferred subject to the provisions of this Section 55 and Section 7, and there shall be no further transfer of such Shares except in accordance with the terms of this Section 55 and Section 7.
Appears in 1 contract