Common use of Non-Transferability of Option Clause in Contracts

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Participant only by Participant. The terms of this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of Participant.

Appears in 10 contracts

Sources: Executive Employment Agreement (Indoor Harvest Corp), Advisor Agreement (Indoor Harvest Corp), Advisor Agreement (Indoor Harvest Corp)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Participant only by Participant. The terms of the Plan and this Award Agreement shall be binding upon the executors, administratorsCommittees, heirs, successors and assigns of the Participant.

Appears in 10 contracts

Sources: Stock Option Award (Par Technology Corp), Employment Agreement (American Railcar Industries, Inc./De), Stock Option Award (Par Technology Corp)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Participant only by Participant. The terms of the Plan and this Award Agreement shall will be binding upon the executors, administrators, heirs, successors and assigns of Participant.

Appears in 7 contracts

Sources: Stock Option Agreement (Cutera Inc), Stock Option Award Agreement (BioPharmX Corp), Stock Option Agreement (Sumtotal Systems Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Participant only by Participant. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors successors, and assigns of Participant.

Appears in 6 contracts

Sources: Performance Award Stock Option Agreement (Spectral Ip, Inc.), Stock Option Agreement (Spectral Ip, Inc.), Stock Option Agreement (Spectral Ip, Inc.)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of the Participant only by Participantthe Participant and any purported transfer shall be null and void ab initio. The terms of the Plan and this Grant Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Participant.

Appears in 4 contracts

Sources: Incentive Stock Option Grant Agreement (Aptera Motors Corp), Nonqualified Stock Option Grant Agreement (Aptera Motors Corp), Incentive Stock Option Grant Agreement (Applied Digital Corp.)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will Will or by the laws of descent or distribution and may be exercised during the lifetime of Participant only by Participant. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors successors, and assigns of Participant.

Appears in 3 contracts

Sources: Stock Option Agreement (Ivanhoe Electric Inc.), Stock Option Agreement (Ivanhoe Electric Inc.), Stock Option Agreement (Ivanhoe Electric Inc.)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Participant only by Participant. The terms of the Plan and this Award Agreement shall (including the exhibits hereto) will be binding upon the executors, administrators, heirs, successors and assigns of Participant.

Appears in 3 contracts

Sources: Global Stock Option Award Agreement (Palo Alto Networks Inc), Global Stock Option Award Agreement (Organovo Holdings, Inc.), Global Stock Option Award Agreement (Palo Alto Networks Inc)

Non-Transferability of Option. This Option may not be transferred in any manner sold, assigned, transferred, pledged, hypothecated, or otherwise disposed of other than by will or by the laws of descent or distribution or court order and may be exercised during the lifetime of Participant only by ParticipantParticipant or unless otherwise permitted by the Committee on a case-by-case basis. The terms of the Plan and this Option Agreement shall will be binding upon the executors, administrators, heirs, successors and assigns of Participant.

Appears in 3 contracts

Sources: Restricted Stock Unit Award Agreement (Workday, Inc.), Restricted Stock Unit Award Agreement (Workday, Inc.), Restricted Stock Unit Award Agreement (Workday, Inc.)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise other than by will or by the laws of descent or distribution or court order and may be exercised during the lifetime of Participant only by the Participant. The terms of the Plan and this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Participant.

Appears in 3 contracts

Sources: Employment Agreement (Nutracea), Stock Option Award Agreement (SRB Management, L.P.), Stock Option Award Agreement (Glu Mobile Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution or court order and may be exercised during the lifetime of Participant only by the Participant. The terms of the Plan and this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Participant.

Appears in 3 contracts

Sources: Stock Option Award Agreement (Altera Corp), Stock Option Award Agreement (Altera Corp), Stock Option Award Agreement (Altera Corp)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of the Participant only by the Participant. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Participant.

Appears in 2 contracts

Sources: Stock Option Agreement (Centerspace), Substitute Stock Option Agreement (Terran Orbital Corp)

Non-Transferability of Option. This Option may not be transferred sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Participant only by Participant. The terms of the Plan and this Award Agreement shall will be binding upon the executors, administrators, heirs, successors and assigns of Participant.

Appears in 2 contracts

Sources: Stock Option Award Agreement (Cost Plus Inc/Ca/), Stock Option Award Agreement (Cost Plus Inc/Ca/)

Non-Transferability of Option. This The Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Participant only by Participant. The terms of the Plan and this Award Agreement shall be binding upon the executors, administratorsCommittees, heirs, successors and assigns of the Participant.

Appears in 2 contracts

Sources: Nonqualified Stock Option Agreement (Revel Entertainment Group, LLC), Incentive Stock Option Agreement (Revel Entertainment Group, LLC)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Participant only by Participant. The terms of the Plan and this Agreement shall Agreement, will be binding upon the executors, administrators, heirs, successors and assigns of Participant, to the extent permissible under local law.

Appears in 2 contracts

Sources: Stock Option Agreement (Rambus Inc), Stock Option Agreement (Rambus Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of the Participant only by the Participant. The terms of the Plan and this Option Agreement shall be are binding upon the executors, administrators, heirs, successors and assigns of the Participant.

Appears in 2 contracts

Sources: Stock Option Agreement (Axil Brands, Inc.), Stock Option Agreement (Reviv3 Procare Co)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of the Participant only by the Participant. The terms of this Option Agreement shall be binding upon the executors, administrators, heirs, heirs and successors and assigns of the Participant.

Appears in 2 contracts

Sources: Stock Option Agreement (Superior Galleries Inc), Incentive Stock Option Agreement (Superior Galleries Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Participant only by Participant. The terms of the Agreement and this Award Agreement shall be binding upon the executors, administratorsCommittees, heirs, successors and assigns of the Participant.

Appears in 2 contracts

Sources: Non Plan Stock Option Award (Ra Medical Systems, Inc.), Non Plan Stock Option Award (Ra Medical Systems, Inc.)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Participant only by Participant. The terms of this Award Agreement shall will be binding upon the executors, administrators, heirs, successors and assigns of Participant.

Appears in 2 contracts

Sources: Stock Option Award Agreement (Ziprealty Inc), Stock Option Award Agreement (Ziprealty Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Participant only by Participant, except as permitted under the Plan. The terms of the Plan and this Award Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of Participant.

Appears in 1 contract

Sources: Stock Option Award Agreement (Triangle Canna Corp.)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Participant only by Participant. The terms of the Plan and this Award Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Participant.

Appears in 1 contract

Sources: Consulting Agreement (Invivo Therapeutics Holdings Corp.)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise other than by will or by the laws of descent or distribution or court order and may be exercised during the lifetime of Participant only by Participantthe Participant unless otherwise permitted by the Committee on a case-by-case basis. The terms of the Plan and this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Participant.

Appears in 1 contract

Sources: Stock Option Award Agreement (Immersion Corp)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Participant only by the Participant. The terms of the Plan and this Award Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Participant.

Appears in 1 contract

Sources: Stock Option Award Agreement (Cell Genesys Inc)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Participant Optionee only by Participantthe Optionee. The terms of the Plan and this Award Agreement shall be binding upon the executors, administrators, heirs, successors successors, and assigns of Participantthe Optionee.

Appears in 1 contract

Sources: Stock Option Award Agreement (RxElite, Inc.)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Participant only by Participant. The terms of the Plan and this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of Participant.

Appears in 1 contract

Sources: Award Agreement – Stock Options (Wageworks, Inc.)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Participant Optionee only by ParticipantOptionee. The terms of this Award Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of Participantthe Optionee.

Appears in 1 contract

Sources: Inducement Award Agreement (Ascent Solar Technologies, Inc.)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise other than by will or by the laws of descent or distribution and may be exercised during the lifetime of Participant only by Participant. The terms of the Plan and this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of Participant.

Appears in 1 contract

Sources: Employment Agreement (Cuentas Inc.)

Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of the Participant only by the Participant. The terms of the Plan and this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Participant.

Appears in 1 contract

Sources: Stock Option Agreement (Epicor Software Corp)

Non-Transferability of Option. This Option may not be transferred in any manner sold, assigned, transferred, pledged, hypothecated or otherwise disposed of other than by will or by the laws of descent or distribution or court order and may be exercised during the lifetime of Participant only by ParticipantParticipant or unless otherwise permitted by the Committee on a case-by-case basis. The terms of the Plan and this Option Agreement shall will be binding upon the executors, administrators, heirs, successors and assigns of Participant.

Appears in 1 contract

Sources: Stock Option Award Agreement (Biolargo, Inc.)