Common use of Nonassignability Clause in Contracts

Nonassignability. Options may not be sold, pledged, assigned or transferred in any manner other than by will or by the laws of intestate succession, and may be exercised during the lifetime of Optionee only by Optionee. Any transfer by Optionee of any Option granted under the Plan or this Agreement shall void such Option and the Corporation shall have no further obligation with respect to such Option. No Option shall be pledged or hypothecated in any way, nor shall any Option be subject to execution, attachment or similar process.

Nonassignability. Options The Option may not be sold, pledged, assigned or transferred in any manner other than by will or by the laws of intestate succession, and may be exercised during the lifetime of Optionee only by OptioneeOptionee (except as may be permitted by this Agreement). Any transfer by Optionee of any the Option granted under the Plan or this Agreement shall void such Option and the Corporation Company shall have no further obligation with respect to such the Option. No The Option shall not be pledged or hypothecated in any way, nor shall any the Option be subject to execution, attachment or similar process.

Nonassignability. Options may not be sold, pledged, assigned or transferred in any manner other than by will or by the laws of intestate successiondescent and distribution, and may be exercised during the lifetime of Optionee only by Optionee. Any transfer by Optionee of any Option granted under the Plan or this Agreement shall void such Option and the Corporation shall have no further obligation with respect to such Option. No Option shall be pledged or hypothecated in any way, nor shall any Option be subject to execution, attachment or similar process.

Nonassignability. The Options may not be sold, pledged, assigned or transferred in any manner other than by will or by the laws of intestate succession, and may be exercised during the lifetime of Optionee only by OptioneeOptionee (except as may be permitted by this Agreement). Any transfer by Optionee of any Option granted under the Plan or this Agreement shall void such Option and the Corporation Company shall have no further obligation with respect to such Option. No Option shall be pledged or hypothecated in any way, nor shall any Option be subject to execution, attachment or similar process.

Nonassignability. Options The Option may not be sold, pledged, assigned or transferred in any manner other than by will or by the laws of intestate succession, and may be exercised during the lifetime of Optionee only by OptioneeOptionee (except as may be permitted by this Agreement). Any transfer by Optionee of any the Option granted under the Plan or this Agreement shall void such Option option and the Corporation Company shall have no further obligation with respect to such the Option. No The Option shall not be pledged or hypothecated in any way, nor shall any Option or otherwise be subject to execution, attachment or similar process.

Nonassignability. Options may not be sold, pledged, assigned or transferred in any manner other than by will or by the laws of intestate succession, and may be exercised during the lifetime of Optionee only by Optionee. Any transfer by Optionee of any Option granted under the Plan or this Agreement shall void such Option and the Corporation Company shall have no further obligation with respect to such Option. No Option shall be pledged or hypothecated in any way, nor shall any Option be subject to execution, attachment or similar process.

Nonassignability. Options This Option may not be sold, pledged, assigned or transferred in any manner other than by will or by the laws of intestate succession, and may be exercised during the lifetime of Optionee only by Optionee. Any transfer by Optionee of any part of this Option granted under other than by will or the Plan or this Agreement laws of intestacy shall void such Option Option, and the Corporation shall have no further obligation with respect to such the Option. No This Option shall not be pledged or hypothecated in any way, nor shall any the Option be subject to execution, attachment or similar process.

Nonassignability. Options may not be sold, pledged, assigned or transferred in any manner other than by will or by the laws of intestate succession, and may be exercised during the lifetime of Optionee only by Optionee. Any transfer by Optionee of any Option granted under the Plan or this Agreement shall void such Option and the Corporation Company shall have no further obligation with respect to such Option. No Option shall be pledged or hypothecated in any way, nor shall any Option be subject to execution, attachment or similar process.

Nonassignability. Options may not be sold, pledged, assigned or transferred in any manner other than by will or by the laws of intestate succession, and may be exercised during the ▇▇▇▇▇▇▇'▇ lifetime of Optionee only by Optioneehim. Any transfer by Optionee ▇▇▇▇▇▇▇ of any Option granted under the Plan or this Agreement shall void such Option and the Corporation TeraGlobal shall have no further obligation with respect to such Option. No Option shall be pledged or hypothecated in any way, nor shall any Option be subject to execution, attachment or similar process.

Nonassignability. Options may not be sold, pledged, assigned or transferred in any manner other than by will or by the laws of intestate succession, and may be exercised during the lifetime of Optionee Issuee only by OptioneeIssuee. Any transfer by Optionee Issuee of any Option granted under the Plan or this Agreement shall void such Option and the Corporation Company shall have no further obligation with respect to such Option. No Option shall be pledged or hypothecated in any way, nor shall any Option be subject to execution, attachment or similar process.

Nonassignability. Options granted under this Plan may not be sold, pledged, assigned or transferred in any manner other than by will or by the laws of intestate succession, and may be exercised during the lifetime of Optionee an optionee only by Optioneesuch optionee. Any transfer by Optionee in violation of any Option granted under the Plan or this Agreement Section shall void such option and any Stock Option Agreement entered into by the optionee and the Corporation regarding such transferred option shall be void and have no further obligation with respect to such Optionforce or effect. No Option option shall be pledged or hypothecated in any way, nor shall any Option option be subject to execution, attachment or similar process.

Nonassignability. Options The Option may not be sold, pledged, assigned or transferred in any manner other than by will or by the laws of intestate succession, and may be exercised during the lifetime of Optionee ▇▇▇▇▇▇▇▇ only by Optionee▇▇▇▇▇▇▇▇ (except as may be permitted by this Agreement). Any attempted transfer by Optionee ▇▇▇▇▇▇▇▇ of any the Option granted under the Plan or this Agreement shall void such Option and the Corporation shall have no further obligation with respect to such the Option. No The Option shall not be pledged or hypothecated in any way, nor shall any the Option be subject to execution, attachment or similar process.

Nonassignability. Options This Option may not be sold, pledged, assigned or transferred in any manner other than by will or by the laws of intestate succession, and may be exercised during the lifetime of the Optionee only by the Optionee. Any transfer by the Optionee of any part of the Option granted under the Plan or this Agreement shall void such Option the Option, and the Corporation shall have no further obligation with respect to such the Option. No The Option shall not be pledged or hypothecated in any way, nor shall any Option be subject to execution, attachment or similar process.