Nontransferability of Option. The Option may not be transferred in any manner other than by will or by the laws of descent and distribution and may be exercised during the lifetime of Participant only by Participant. The terms of the Option shall be binding upon the executors, administrators, successors and assigns of Participant.
Appears in 28 contracts
Sources: Stock Option Agreement, Stock Option Agreement (Zamba Corp), Stock Option Agreement (Jones Soda Co)
Nontransferability of Option. The Option may not be transferred in any manner other than by will or by the laws of descent and distribution and may be exercised during the lifetime of Participant only by Participant or in the event of Participant's incapacity, by Participant's legal representative. The terms of the Option shall be binding upon the executors, administrators, successors and assigns of Participant.
Appears in 12 contracts
Sources: Stock Option Agreement (Gas & Oil Technology Inc), Stock Option Agreement (Gas & Oil Technology Inc), Non Plan Stock Option Grant Agreement (Silicon Image Inc)
Nontransferability of Option. The This Option may not be transferred in any manner other than by will or by the laws of descent and distribution and may be exercised during the lifetime of Participant only by Participant. The terms of the this Option shall be binding upon the executors, administrators, successors and assigns of Participant.
Appears in 6 contracts
Sources: Stock Option Agreement (Versant Corp), Stock Option Agreement (S1 Corp /De/), Stock Option Agreement (Globalpaynet Holdings, Inc.)
Nontransferability of Option. The Option may is not be transferred transferable in any manner other than by will or by the laws of descent and distribution and may be exercised during the lifetime of Participant Participant's life only by the Participant. The terms of the Option shall be binding upon the executors, administrators, heirs, successors and assigns of the Participant.
Appears in 2 contracts
Sources: Stock Option Agreement (Hypertension Diagnostics Inc /Mn), Consulting Agreement (Hypertension Diagnostics Inc /Mn)
Nontransferability of Option. The Option may not be transferred in any manner other than by will or by the laws of descent decent and distribution and may be exercised during the lifetime of Participant only by Participant. The terms of the Option shall be binding upon the executors, administrators, successors successor and assigns of Participant.
Appears in 2 contracts
Sources: Nonqualified Stock Option Agreement (Micron Electronics Inc), Nonqualified Stock Option Agreement (Macromedia Inc)
Nontransferability of Option. The Option may not be transferred in any manner other than by will or by the laws of descent and distribution and may be exercised during the lifetime of Participant only by Participant. The terms of the Option shall be binding upon the executors, administrators, successors and assigns of Participant.
Appears in 2 contracts
Sources: Employee Stock Option Agreement (Papa Anthony E), Employee Stock Option Agreement (Pisani James P)
Nontransferability of Option. The Option may not be transferred in any manner other than by will or by the laws of descent and distribution distribution, and may be exercised during the lifetime of Participant only by Participant or in the event of Participant’s incapacity, by Participant’s legal representative. The terms of the Option shall be binding upon the executors, administrators, successors and assigns of Participant.
Appears in 2 contracts
Sources: Stock Option Agreement (Ethanex Energy, Inc.), Stock Option Agreement (Ethanex Energy, Inc.)
Nontransferability of Option. The Option may not be transferred in any manner other than by will or by the laws of descent and distribution and may be exercised during the lifetime of Participant only by Participant or in the event of Participant’s incapacity, by Participant’s legal representative. The terms of the Option shall be binding upon the executors, administrators, successors and assigns of Participant.
Appears in 2 contracts
Sources: Enterprise Management Incentive Stock Option Agreement (Omniture, Inc.), Stock Option Agreement (Omniture, Inc.)
Nontransferability of Option. The Option This option may not be transferred in any manner other otherwise than by will or by the laws of descent and distribution and may be exercised distribution, and, during the lifetime of Participant the Participant, this option shall be exercisable only by Participant. The terms of the Option shall be binding upon the executors, administrators, successors and assigns of Participant.
Appears in 1 contract
Sources: Incentive Stock Option Agreement (Centennial Technologies Inc)
Nontransferability of Option. The This Option may not be transferred in any manner other than by will or by the laws of descent and distribution and may be exercised during the lifetime of Participant only by Participant or in the event of Participant's incapacity, by Participant's legal representative. The terms of the this Option shall be binding upon the executors, administrators, successors and assigns of Participant.
Appears in 1 contract
Nontransferability of Option. The Option may not be transferred in any ---------------------------- manner other than by will or by the laws of descent and distribution and may be exercised during the lifetime of Participant only by Participant. The terms of the Option shall be binding upon the executors, administrators, successors and assigns of Participant.
Appears in 1 contract
Nontransferability of Option. The Option may not be transferred in any ---------------------------- manner other than by will or by the laws of descent and distribution and may be exercised during the lifetime of Participant only by be Participant. The terms of the Option shall be binding upon the executors, administrators, successors and assigns of Participant.
Appears in 1 contract
Nontransferability of Option. The This Option may not be transferred in any manner other than by will or by the laws of descent and distribution and may be exercised during the lifetime of Participant only by Participant or in the event of Participant's incapacity, by Participant's executor, administrator, heir or legatee. The terms of the this Option shall be binding upon the executors, administrators, successors and assigns of Participant.
Appears in 1 contract
Nontransferability of Option. The Except as provided in Section 1 of this Agreement, this Option may not be transferred in any manner other than by will or by the laws of descent and distribution and may be exercised during the lifetime of Participant only by Participant or in the event of Participant's incapacity, by Participant's legal representative. The terms of the this Option shall be binding upon the executors, administrators, successors and assigns of Participant.
Appears in 1 contract
Sources: Stock Option Agreement (Ebay Inc)
Nontransferability of Option. The Option may is not be transferred transferable in any manner other than by will or by the laws of descent and distribution and may be exercised during the lifetime of Participant Participant’s life only by the Participant. The terms of the Option shall be binding upon the executors, administrators, heirs, successors and assigns of the Participant.
Appears in 1 contract
Nontransferability of Option. The This Option may not be transferred in any manner other than by will or by the laws of descent and distribution and may be exercised during the lifetime of Participant Optionholder only by ParticipantOptionholder. The terms of the this Option shall be binding upon the executors, administrators, successors and assigns of ParticipantOptionholder.
Appears in 1 contract
Sources: Stock Option Agreement (Ebay Inc)
Nontransferability of Option. The This Option may not be transferred ---------------------------- in any manner other than by will or by the laws of descent and distribution and may be exercised during the lifetime of Participant only by Participant. The terms of the this Option shall be binding upon the executors, administrators, successors and assigns of Participant.
Appears in 1 contract
Nontransferability of Option. The This Option may not be transferred in any manner other than by will or by the laws of descent and distribution and may be exercised during the lifetime of the Participant only by the Participant. The terms of the this Option shall be binding upon the executors, administrators, successors and assigns of Participant.
Appears in 1 contract
Sources: Share Option Award Agreement (Flextronics International Ltd.)