Non-Assignability of Option. Interests in the Option will not be subject to sale, transfer, pledge, assignment or alienation other than by will or the laws of descent and distribution regardless of any interest therein of the Participant's spouse or such spouse's successor in interest.
Appears in 4 contracts
Sources: Stock Option Award Agreement (Surfnet Media Group Inc), Stock Option Award Agreement (Surfnet Media Group Inc), Stock Option Award Agreement (Surfnet Media Group Inc)
Non-Assignability of Option. Interests in the Option will shall not be ----------------------------- subject to sale, transfer, pledge, assignment or alienation other than by will or the laws of descent and distribution regardless of any interest therein of the Participant's spouse or such spouse's successor in interest.
Appears in 2 contracts
Sources: Incentive Stock Option Award Agreement (Tracker Corp of America), Incentive Stock Option Award Agreement (Tracker Corp of America)
Non-Assignability of Option. Interests in the Option will shall not be subject --------------------------- to sale, transfer, pledge, assignment or alienation other than by will or the laws of descent and distribution regardless of any interest therein of the Participant's spouse or such spouse's successor in interest.
Appears in 2 contracts
Sources: Stock Option Plan (Ixl Enterprises Inc), Stock Option Plan (Ixl Enterprises Inc)
Non-Assignability of Option. Interests in the Option will shall not be subject to sale, transfer, pledge, assignment or alienation other than by will or the laws of descent and distribution regardless of any interest therein of the Participant's spouse or such spouse's successor in interest.
Appears in 1 contract