Option Nontransferable. This Option may not be sold, exchanged, pledged, transferred, assigned, or otherwise encumbered, hypothecated or disposed of by you (or your designated Beneficiary) other than by (a) will or laws of descent and distribution or (b) a qualified domestic relations order (as defined by the Internal Revenue Code).
Appears in 4 contracts
Sources: Stock Option Agreement (Entergy Arkansas Inc), Stock Option Agreement (Entergy Texas, Inc.), Stock Option Agreement (Entergy Texas, Inc.)
Option Nontransferable. This Option may not be sold, exchanged, pledged, transferred, assigned, or otherwise encumbered, hypothecated or disposed of by you (or your designated Beneficiarybeneficiary) other than by (a) will or laws of descent and distribution or (b) a qualified domestic relations order (as defined by the Internal Revenue Code).
Appears in 1 contract
Sources: 2008 Stock Option Agreement (Entergy Mississippi Inc)
Option Nontransferable. This Option may not be sold, exchanged, pledged, transferred, assigned, or otherwise encumbered, hypothecated or disposed of by you (or your designated Beneficiarybeneficiary) other than by (a) will or laws of descent and distribution or distribution, (b) a qualified domestic relations order (as defined by the Internal Revenue Code), or (c) transfer to family members or charities.
Appears in 1 contract