Common use of Transferability of Option Clause in Contracts

Transferability of Option. This Option may be transferred in any manner by will or the laws of descent or distribution and may be exercised during the lifetime of the OPTIONEE by an assignee of the OPTIONEE.

Appears in 30 contracts

Sources: Non Qualified Stock Option Agreement (Veterinary Pet Services Inc), Non Qualified Stock Option Agreement (Renaissance Golf Products Inc), Non Statutory Stock Option Agreement (Metalclad Corp)

Transferability of Option. This Option may be transferred in any manner by will or the laws of descent or distribution and may be exercised during the lifetime of the OPTIONEE or by an assignee of the OPTIONEE.

Appears in 3 contracts

Sources: Non Qualified Stock Option Agreement (Renaissance Golf Products Inc), Non Qualified Stock Option Agreement (Renaissance Golf Products Inc), Non Qualified Stock Option Agreement (Renaissance Golf Products Inc)

Transferability of Option. This Option may be transferred in any manner by will or the laws of descent or distribution and may be exercised during the lifetime of the OPTIONEE or by an assignee of the OPTIONEEOPTIONEE pursuant to the terms of Sections 7.5 and 8.3 of the Plan.

Appears in 2 contracts

Sources: Nonstatutory Stock Option Agreement (Ubrandit Com), Nonstatutory Stock Option Agreement (Pennaco Energy Inc)

Transferability of Option. This Option may be transferred in any manner by will or the laws of descent or distribution and may be exercised during the lifetime of the OPTIONEE by an assignee of the OPTIONEE.. EXHIBIT "A" Page 1 of Two

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Renaissance Golf Products Inc)