Persons Eligible to Exercise. This option shall be exercisable during the Director’s lifetime only by the Director. This option is not transferable, except that the Director may transfer this option (a) by a valid beneficiary designation made in a form and manner acceptable to the Committee, or (b) by will or the applicable laws of descent and distribution.
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Sources: Nonqualified Stock Option Agreement (Central Garden & Pet Co)
Persons Eligible to Exercise. This option shall be exercisable during the Director’s lifetime only by the Director. This option is not transferable, except that the Director may transfer this option (a) by a valid beneficiary designation made in a form and manner acceptable to the CommitteeBoard, or (b) by will or the applicable laws of descent and distribution.
Appears in 1 contract
Sources: Nonqualified Stock Option Agreement (Central Garden & Pet Company)
Persons Eligible to Exercise. This The option shall be exercisable during the Director’s 's lifetime only by the Director. This The option is not transferable, except that shall be non-transferable by the Director may transfer this option (a) other than by a valid beneficiary designation made in a form and manner acceptable to the Committee, or (b) by will or the applicable laws of descent and distribution.
Appears in 1 contract
Persons Eligible to Exercise. This The option shall be exercisable ---------------------------- during the Director’s 's lifetime only by the Director. This The option is not transferable, except that shall be non- transferable by the Director may transfer this option (a) other than by a valid beneficiary designation made in a form and manner acceptable to the CommitteeBoard, or (b) by will or the applicable laws of descent and distribution.
Appears in 1 contract
Persons Eligible to Exercise. This The option shall be exercisable during the Director’s 's lifetime only by the Director. This The option is not transferable, except that shall be non- transferable by the Director may transfer this option (a) other than by a valid beneficiary designation made in a form and manner acceptable to the CommitteeBoard, or (b) by will or the applicable laws of descent and distribution.
Appears in 1 contract
Persons Eligible to Exercise. This The option shall be exercisable ---------------------------- during the Director’s 's lifetime only by the Director. This The option is not transferable, except that shall be non- transferable by the Director may transfer this option (a) other than by a valid beneficiary designation made in a form and manner acceptable to the Committee, or (b) by will or the applicable laws of descent and distribution.
Appears in 1 contract