Limited Transferability Clause Example with Variations from Business Contracts

This page contains Limited Transferability clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Limited Transferability. During your lifetime only you can exercise the Option. The Option is not transferable except by will or by the applicable laws of descent and distribution. The Plan provides for exercise of the Option by a beneficiary designated on a Company-approved form or the personal representative of your estate. Notwithstanding the foregoing, the Committee, in its sole discretion, may permit you to assign or transfer the Option, subject to such terms and conditions as specified by the Committee.
Found in HIPCRICKET, INC. contract

Variations of a "Limited Transferability" Clause from Business Contracts

Limited Transferability. During your lifetime only you can exercise the Option. The Option is not transferable except by will or by the applicable laws of descent and distribution. The Plan provides for exercise of the Option by a beneficiary designated on a Company-approved form or the personal representative of your estate. form. Notwithstanding the foregoing, the Committee, in its sole discretion, may permit you to assign or transfer the Option, subject to such terms and conditions as specified by the Committee. Committee.7. Withholding Taxes. As a condition to the exercise of any portion of an Option, you must make such arrangements as the Company may require for the satisfaction of any federal, state, local or foreign withholding tax obligations that may arise in connection with such exercise. View More Arrow
Found in ZILLOW GROUP, INC. contract
Limited Transferability. During your lifetime only you can exercise the Option. The Option is not transferable except by will or by the applicable laws of descent and distribution. The Plan provides for exercise of the Option by a beneficiary designated on a Company-approved form or the personal representative of your estate. Notwithstanding the foregoing, foregoing and to the extent permitted by Section 422 of the Internal Revenue Code of 1986, the Committee, in its sole discretion, may permit you to assign or... transfer the Option, subject to such terms and conditions as specified by the Committee. -2- 8. Withholding Taxes. As a condition to the exercise of any portion of an Option, you must make such arrangements as the Company may require for the satisfaction of any federal, state, local or foreign tax withholding obligations that may arise in connection with such exercise. View More Arrow
Found in MACOM Technology Solutions Holdings, Inc. contract
Limited Transferability. During your lifetime only you can exercise the Option. The Option is not transferable except by will or by the applicable laws of descent and distribution. The Plan provides for exercise of the Option by a beneficiary designated on a Company-approved form or the personal representative of your estate. Notwithstanding the foregoing, foregoing and to the Committee, extent permitted by Section 422 of the Internal Revenue Code of 1986, the Plan Administrator, in its sole discretion, may permit you... to assign or transfer the Option, subject to such terms and conditions as specified by the Committee. Plan Administrator. View More Arrow
Found in 2 Contracts from BOX INC
Limited Transferability. During your lifetime only you can exercise the Option. The Option is not transferable except by will or by the applicable laws of descent and distribution. The Plan provides for exercise of the Option by a beneficiary designated on a Company-approved form or the personal representative of your estate. form. Notwithstanding the foregoing, the Committee, Administrator, in its sole discretion, may permit you to assign or transfer the Option, subject to such terms and conditions as specified by the... Committee. Administrator. View More Arrow
Found in ZILLOW GROUP, INC. contract
Limited Transferability. During your lifetime only you can exercise the Option. The Option is not transferable except by will or by the applicable laws of descent and distribution. The Plan provides for exercise of the Option by a beneficiary designated on a Company-approved form or the personal representative of your estate. Notwithstanding the foregoing, foregoing and to the Committee, extent permitted by the Plan and Section 422 of the Code, the Plan Administrator, in its sole discretion, may permit you to assign or... transfer the Option, subject to such terms and conditions as specified by the Committee. Plan Administrator. View More Arrow
Found in 3 Contracts from 2 Companies
Limited Transferability. During your lifetime only only, you can exercise the Option. The Option is not transferable except by will or by the applicable laws of descent and distribution. The Plan provides for exercise of the Option by a beneficiary designated on a Company-approved form (provided the beneficiary designation is valid under applicable law) or the personal representative of your estate. Notwithstanding the foregoing, and to the extent permitted by the Plan and Section 422 of the Code with respect to... Incentive Stock Options, the Committee, in its sole discretion, may permit you to assign or transfer the Option, subject to such terms and conditions as specified by the Committee. View More Arrow
Found in AVALARA, INC. contract
Limited Transferability. During your lifetime only you can exercise the Option. SAR. The Option SAR is not transferable except by will or by the applicable laws of descent and distribution. The Plan provides for exercise of the Option SAR by a beneficiary designated on a Company-approved form or the personal representative of your estate. Notwithstanding you restate. Not with standing the foregoing, the Committee, in its sole discretion, may permit you to assign or transfer the Option, SAR, subject to such terms and term sand conditions as specified by the Committee. View More Arrow
Found in Market Leader, Inc. contract
Limited Transferability. During your lifetime only you can exercise the Option. The Option is not transferable except by will or by the applicable laws of descent and distribution. The Plan provides for exercise of the Option by a beneficiary designated on a Company-approved form or the personal representative of your estate. form. Notwithstanding the foregoing, foregoing and to the extent permitted by Section 422 of the Code, the Committee, in its sole discretion, may permit you to assign or transfer the Option,... subject to such terms and conditions as specified by the Committee. View More Arrow
Found in JONES SODA CO contract
Limited Transferability. During your lifetime only you can exercise the Option. The Option is not transferable except by will or by the applicable laws of descent and distribution. The Plan provides for exercise of the Option by a beneficiary designated on a Company-approved form or the personal representative of your estate. Notwithstanding the foregoing, foregoing and to the extent permitted by Section 422 of the Internal Revenue Code of 1986, the Committee, in its sole discretion, may permit you to assign or... transfer the Option, subject to such terms and conditions as specified by the Committee. View More Arrow
Found in 7 Contracts from 5 Companies
Limited Transferability. During your lifetime only you can exercise the Option. The Option is not transferable except by will or by the applicable laws of descent and distribution. The Plan provides for exercise of the Option by a beneficiary designated on a Company-approved form or the personal representative of your estate. form. Notwithstanding the foregoing, the Committee, in its sole discretion, may permit you to assign or transfer the Option, subject to such terms and conditions as specified by the Committee.
Found in 3 Contracts from ZILLOW GROUP, INC.