Nontransferability of Options. The Options shall not be transferable, either voluntarily or by operation of law, otherwise than by will or the laws of descent and distribution and shall be exercisable during the Optionee's lifetime only by the Optionee.
Appears in 13 contracts
Sources: Nonincentive Stock Option Agreement (Media Sciences International Inc), Nonincentive Stock Option Agreement (Media Sciences International Inc), Nonincentive Stock Option Agreement (Cadapult Graphic Systems Inc)
Nontransferability of Options. The Options shall not be transferable, either voluntarily or by operation of law, otherwise than by will or the laws of descent and distribution and shall be exercisable during the Optionee's ’s lifetime only by the Optionee.
Appears in 6 contracts
Sources: Release of Claims Agreement (INVO Bioscience, Inc.), Release of Claims Agreement (INVO Bioscience, Inc.), Employment Agreement (Amdl Inc)
Nontransferability of Options. The Options shall not be transferable, either voluntarily or by operation of law, otherwise than by will or the laws of descent and distribution and shall be exercisable during the Optionee's ’s lifetime only by the Optionee.
Appears in 4 contracts
Sources: Nonincentive Stock Option Agreement (Media Sciences International Inc), Nonincentive Stock Option Agreement (Media Sciences International Inc), Nonincentive Stock Option Agreement (Media Sciences International Inc)
Nontransferability of Options. The Options shall not be transferable, ----------------------------- either voluntarily or by operation of law, otherwise than by will or the laws of descent and distribution and shall be exercisable during the Optionee's lifetime only by the Optionee.
Appears in 3 contracts
Sources: Cancellation of Indebtedness Agreement (Amdl Inc), Employment Agreement (CPC of America Inc), Consulting Services Contract (CPC of America Inc)
Nontransferability of Options. The Options shall not be transferable, either voluntarily or by operation of law, otherwise than by will or the laws of descent and distribution and shall be exercisable during the Optionee's lifetime only by the Optionee.
Appears in 3 contracts
Sources: Stock Option Agreement (Famous Fixins Inc), Non Qualified Stock Option Agreement (Kwikweb Com Inc), Stock Option Agreement (Famous Fixins Inc)
Nontransferability of Options. The Options shall not be transferable, either voluntarily or by operation of law, otherwise than by will or the laws of descent and distribution and shall be exercisable during the Optionee's lifetime only by the Optionee.
Appears in 1 contract
Nontransferability of Options. The Options shall not be transferable, either voluntarily or by operation of law, otherwise transferable other than by will or by the laws of descent and distribution distribution, and shall Options may be exercisable exercised, during the lifetime of the Optionee's lifetime , only by the Optionee or the Optionee’s legal representative.
Appears in 1 contract
Sources: Director Stock Option Agreement (Emergent BioSolutions Inc.)