Common use of Non-Transferability of Option Clause in Contracts

Non-Transferability of Option. This Option is not assignable or transferable, in whole or in part, by the Optionee other than by will or by the laws of descent and distribution and, during the lifetime of the Optionee, this Option shall be exercisable only by Optionee or, in the event of legal disability, by his or her guardian or legal representative.

Non-Transferability of Option. This Option is shall not assignable or transferable, in whole or in part, be transferable by the Optionee other otherwise than by will or by the laws of descent and distribution and, during the lifetime of the Optionee, this distribution. This Option shall be exercisable during the Optionee’s lifetime only by Optionee or, in the event of legal disability, by his or her guardian or legal representativeOptionee.

Non-Transferability of Option. This Option is shall not assignable or transferable, in whole or in part, be transferable by the Optionee other otherwise than by will or by the laws of descent and distribution and, during the lifetime of the Optionee, and this Option shall be exercisable exercisable, during the Optionee's lifetime, only by Optionee or, in the event of legal disability, by his or her guardian or legal representativeOptionee.

Non-Transferability of Option. This Option is shall not assignable or transferable, in whole or in part, be transferable ----------------------------- by the Optionee other otherwise than by will or by the laws of descent and distribution anddistribution, during the lifetime of the Optionee, and this Option shall be exercisable exercisable, during the Optionee's lifetime, only by Optionee orthe Optionee. Subject to the provisions of Section 4 hereof, in --------- this Option may be exercised after the event Optionee's death by the Optionee's personal representative or by the legatees or heirs who receive this Option by will or by the laws of legal disability, by his or her guardian or legal representativedescent and distribution.

Non-Transferability of Option. This Option is may not assignable or transferable, in whole or in part, be transferred by the Optionee other otherwise than by will or by the laws of descent and distribution and, during the distribution. During Optionee's lifetime of the Optionee, this Option shall may be exercisable exercised only by Optionee or, in the event of legal disability, by his or her Optionee's duly appointed guardian or legal representative.

Non-Transferability of Option. This The Option is not assignable or transferable, in whole or in part, by the Optionee other than by will or by the laws of descent and distribution and, during distribution. During the lifetime of the Optionee, this the Option shall be exercisable only by the Optionee or, in the event of legal his or her disability, by his or her guardian or legal representative.

Non-Transferability of Option. This Option is may not assignable be assigned or transferable, in whole or in part, by the Optionee transferred other than by will or by the laws of descent and distribution and, and may be exercised during the lifetime of the Optionee, this Option shall be exercisable Optionholder only by Optionee or, in the event of legal disability, by his him or her guardian or legal representativeher.

Non-Transferability of Option. This The Option is not assignable or transferable, in whole or in part, by the Optionee other than by will or by the laws of descent and distribution and, during distribution. During the lifetime of the Optionee, this the Option shall be exercisable only by the Optionee or, in the event of her legal disability, by his or her guardian or legal representative.

Non-Transferability of Option. This The Option is not assignable or transferable, in whole or in part, by the Optionee other than by will or by the laws of descent and distribution and, during distribution. During the lifetime of the Optionee, this the Option shall be exercisable only by the Optionee or, in the event of legal disabilitythe Optionee’s Total Disability, by his or her the Optionee’s guardian or legal representative.

Non-Transferability of Option. This Notwithstanding any provision of this Section to the contrary, the Option is may be exercised, during the lifetime of Optionee, only by Optionee or Optionee’s guardian or legal representative, and may not assignable be assigned or transferable, transferred in whole or in part, by the Optionee other than any manner except by will or by the laws of descent and distribution and, during the lifetime of the Optionee, this Option shall be exercisable only by Optionee or, in the event of legal disability, by his or her guardian or legal representativedistribution.

Non-Transferability of Option. This The Option is not assignable or transferable, in whole or in part, transferable by the Optionee other than except by will or by the laws of descent and distribution and, during distribution. During the lifetime life of the Optionee, this the Option shall be is exercisable only by Optionee or, in the event of legal disability, such person or by his or her such person's guardian or legal representative.

Non-Transferability of Option. This The Option is not assignable or transferable, in whole or in part, transferable by the Optionee other otherwise than by will or by the laws of descent and distribution and, and during the lifetime of the Optionee may only be exercised by Optionee, this Option shall be exercisable only by Optionee or, in the event of legal disability, by his or her guardian or legal representative.

Non-Transferability of Option. This Option is shall not assignable or transferable, in whole or in part, be transferable by the Optionee other than by will or by the laws of descent and distribution anddistribution, and during the lifetime of the Optionee, this Option shall be exercisable only by Optionee or, in the event of legal disability, by his or her guardian or legal representativeOptionee.

Non-Transferability of Option. This The Option is not assignable or transferable, in whole or in part, by the Optionee other Optionee, otherwise than by will or by the laws of descent and distribution and, during distribution. During the lifetime of the Optionee, this the Option shall be exercisable only by the Optionee or, in the event of his legal disability, by his or her guardian or legal representative.

Non-Transferability of Option. This The Option is not assignable or transferable, in whole or in part, by the Optionee other than by will or by the laws of descent and distribution and, during distribution. During the lifetime of the Optionee, this the Option shall be exercisable only by the Optionee or, in the event of the Optionee's legal disability, by his or her guardian or the Optionee's legal representative.

Non-Transferability of Option. This The Option is not assignable or transferable, in whole or in part, by the Optionee other than by will or by the laws of descent and distribution and, during distribution. During the lifetime of the Optionee, this the Option shall be exercisable only by the Optionee or, in the event of Optionee’s legal disability, by his or her guardian or Optionee’s legal representative.

Non-Transferability of Option. This Option is may not assignable or transferable, in whole or in part, be transferred by the Optionee other than by will or by the laws of descent and distribution and, during distribution. During the lifetime of the Optionee, this Option shall be exercisable only by Optionee orthe Optionee, in the event of legal disability, or by his or her guardian or a duly appointed legal representative.

Non-Transferability of Option. This No Option is not assignable or transferable, in whole or in part, shall be transferred by the an Optionee other otherwise than by will or by the laws of descent and distribution and, during distribution. During the lifetime of the an Optionee, this the Option shall be exercisable only by Optionee or, in the event of legal disability, him or by his or her legal guardian or legal personal representative, or by an individual holding on behalf of the Optionee a valid Durable Power of Attorney.

Non-Transferability of Option. This The Option is may not assignable be transferred or transferable, in whole assigned by Optionee or in part, exercised by the Optionee anyone other than by will or by the Optionee except pursuant to (i) Optionee’s will, (ii) applicable laws of descent and distribution anddistribution, during the lifetime or (iii) a judgment, decree or order made pursuant to a state domestic relations law and that assigns a portion of the Optionee, this Option shall be exercisable only by Optionee or, in to the event of legal disability, by his Employee’s spouse or her guardian or legal representativeformer spouse.

Non-Transferability of Option. This Option is not assignable or transferable, in whole or in part, by the Optionee other than by will or by the laws of descent and distribution and, during the lifetime of the Optionee, this Option shall be exercisable only by Optionee or, in the event of legal disability, by his or her guardian or legal representative.

Non-Transferability of Option. This Option is not assignable or transferable, in whole or in part, transferable by the Optionee other than by will or by the laws of descent and distribution anddistribution, and during the lifetime of the Optionee, this the Option shall be exercisable only by Optionee or, in the event of legal disability, or by his or her guardian or legal representative.

Non-Transferability of Option. This The Option is shall be nontransferable and shall not assignable be assignable, alienable, saleable, or transferable, in whole or in part, otherwise transferable by the Optionee other than by will or by the laws of descent and distribution and, during or pursuant to a Domestic Relations Order. During the lifetime of the Optionee, this the Option shall be exercisable only by Optionee or, in the event of legal disability, by his or her guardian or legal representativeOptionee.

Non-Transferability of Option. This Option is not assignable or transferable, in whole or in part, by the Optionee other than by will or by the laws of descent and distribution and, during the lifetime of the Optionee, this Option Holder. This Option shall be exercisable only by Optionee the Option Holder or, in the event of legal his disability, by his or her guardian or legal representative.

Non-Transferability of Option. This Option is not assignable or transferable, in whole or in part, by the Optionee other than by will or by the laws of descent and distribution and, during or to the extent permitted by the Plan. During the lifetime of the Optionee, this the Option shall be exercisable only by the Optionee or, in the event of legal his or her disability, by his or her guardian or legal representativerepresentative or to the extent permitted by the Plan.

Non-Transferability of Option. This The Option is shall not assignable or transferable, in whole or in part, ----------------------------- be transferable by the Optionee other than by will or by the laws of descent and distribution anddistribution, and the Option shall be exercisable, during the lifetime Optionee's lifetime, only by the Optionee or by the guardian or legal representative of the Optionee, this it being understood that the term "Optionee" include the guardian and legal representative of the Optionee and any person to whom the Option shall be exercisable only is transferred by Optionee or, in will or the event laws of legal disability, by his or her guardian or legal representativedescent and distribution.

Non-Transferability of Option. This The Option is not assignable or transferable, in whole or in part, by the Optionee other otherwise than by will or by the laws of descent and distribution and, and during the lifetime of the Optionee, this the Option shall be exercisable only by Optionee or, in the event of legal disability, by him or his or her guardian or legal representative.

Non-Transferability of Option. This Notwithstanding Section 4(b), this ----------------------------- Option is not assignable or transferable, in whole or in part, by the Optionee other than by will or by the laws of descent and distribution and, during distribution. During the lifetime of the Optionee, this the Option shall be exercisable only by the Optionee or, in the event of legal his disability, by his or her guardian or legal representative.

Non-Transferability of Option. This Option is not assignable or transferable, in whole or in part, by the Optionee other than by will or by the laws of descent and distribution and, during distribution. Any attempt to transfer this Option in violation of this provision shall be null and void. During the lifetime of the Optionee, this Option shall be exercisable only by the Optionee or, in the event of the Optionee's legal disability, by his or her the Optionee's guardian or legal representative.

Non-Transferability of Option. This Option is not assignable or transferable, in whole or in part, by the Optionee other than by will or by the laws of descent and distribution anddistribution, and during the lifetime of the Optionee, this Optionee the Option shall be exercisable only by the Optionee or, in the event of legal disability, or by his or her guardian or legal representative.

Non-Transferability of Option. This No Option is not shall be transferable or assignable or transferableby an Optionee, in whole or in part, by the Optionee other otherwise than by will or by the laws of descent and distribution andand each Option shall be exercisable, during the lifetime of the Optionee's lifetime, this only by him. No Option shall be exercisable only by Optionee orpledged or hypothecated in any way and no Option shall be subject to execution, in attachment, or similar process except with the event express consent of legal disability, by his or her guardian or legal representativethe Administrative Committee.

Non-Transferability of Option. This The Option is shall not assignable or transferable, in whole or in part, be ----------------------------- transferable by the Optionee other than by will or by the laws of descent and distribution anddistribution, and the Option shall be exercisable, during the lifetime Optionee's lifetime, only by the Optionee or by the guardian or legal representative of the Optionee, this it being understood that the term "Optionee" include the guardian and legal representative of the Optionee and any person to whom the Option shall be exercisable only is transferred by Optionee or, in will or the event laws of legal disability, by his or her guardian or legal representativedescent and distribution.

Non-Transferability of Option. This Option is shall not assignable or transferable, in whole or in part, be transferable by the Optionee other otherwise than by will or by the laws of descent and distribution and, during the lifetime of the Optionee, and this Option shall be exercisable exercisable, during the Optionee’s lifetime, only by Optionee orthe Optionee, or by the Optionee’s legal representative or guardian in the event of legal disability, by his or her guardian or legal representativethe Optionee’s incapacity.