Non-Assignability Clause Example from Business Contracts

This example Non-Assignability clause appears in 6 contracts from 4 companies

Non-Assignability. The Option shall not be transferable by the Employee otherwise than by will or by the laws of descent and distribution. The Option shall be exercisable, during the Employee's lifetime, only by the Employee (or, in the event of legal incapacity or incompetency, by the Employee's guardian or representative) and shall not be assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to execution, attachment or similar process. Any attempted tran...sfer, assignment, pledge, hypothecation or other disposition of the Option or of any rights granted hereunder contrary to the provisions of this Section 7, or the levy of any attachment or similar process upon the Option shall be null and void. View More
Found in IMMUNOGEN INC contract
American Well Corp Contracts

Form of Incentive Stock Option Agreement under the 2006 Employee, Director and Consultant Stock Plan (Filed With SEC on August 24, 2020)

IMMUNOGEN INC Contracts

Form of Incentive Stock Option Agreement under the 2018 Employee, Director and Consultant Equity Incentive Plan (Filed With SEC on June 22, 2018)

Options Granted (Filed With SEC on December 13, 2016)

Options Exercised (Filed With SEC on April 26, 2016)

INTERLEUKIN GENETICS INC Contracts

INCENTIVE STOCK OPTION AGREEMENT INTERLEUKIN GENETICS, INC. (Filed With SEC on March 20, 2014)

Alphatec Holdings, Inc. Contracts

INCENTIVE STOCK OPTION AGREEMENT ALPHATEC HOLDINGS, INC. (Filed With SEC on March 5, 2013)