Non-Transferability of Option Clause Example with 63 Variations from Business Contracts

This page contains Non-Transferability of Option 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.
Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Participant only by Participant.
Found in Ra Medical Systems, Inc. contract

Variations of a "Non-Transferability of Option" Clause from Business Contracts

Non-Transferability of Option. This Option may not be transferred sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner otherwise other than by will or by the laws of descent or distribution and distribution. It may be exercised during the lifetime of Participant Optionee only by Participant. Optionee. The terms of this Option shall be binding upon the executors, administrators, heirs, successors and assigns of Optionee. 4 12. Term of Option. This Option may be exercised only within the term set for...th in the Notice of Grant. View More
Found in LEGALZOOM COM INC contract
Non-Transferability of Option. This Option may not be transferred sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner otherwise other than by will or by the laws of descent or distribution and distribution. It may be exercised during the lifetime of Participant Optionee only by Participant. Optionee. The terms of this Option shall be binding upon the executors, administrators, heirs, successors and assigns of Optionee.
Found in Honest Company, Inc. contract
Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and distribution. The designation of a beneficiary does not constitute a transfer. This Option may be exercised during the lifetime of Participant the Optionee only by Participant. the Optionee. The terms of this Option shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee. 7 9. Term of Option. This Option may be exercised only within the ...term set out in the Notice of Grant, and may be exercised during such term only in accordance with the Plan and the terms of this Option. View More
Found in ALTABA INC. contract
Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and distribution. The designation of a beneficiary does not constitute a transfer. This Option may be exercised during the lifetime of Participant the Optionee only by Participant. the Optionee. The terms of this Option shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee. 6 9. Term of Option. This Option may be exercised only within the ...term set out in the Notice of Grant, and may be exercised during such term only in accordance with the Plan and the terms of this Option. View More
Found in 2 Contracts from ALTABA INC.
Non-Transferability of Option. This Option may not be transferred in any manner otherwise than except by will or by the laws of descent or distribution and distribution. It may be exercised during the lifetime of Participant Optionee only by Participant. Optionee. The terms of this Option shall be binding upon the executors, administrators, heirs, successors and assigns of Optionee.
Found in 12 Contracts from 4 Companies
Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Participant Optionee only by Participant. him or her, subject to the terms of the Plan and the Stockholders Agreement. The terms of this Option shall be binding upon the executors, administrators, heirs, successors and assigns of Optionee.
Found in Twist Bioscience Corp contract
Non-Transferability of Option. This Option may not be transferred in any manner otherwise than except by will or by the laws of descent or distribution and distribution. It may be exercised during the lifetime of Participant Optionee only by Participant. Optionee. The terms of this Option shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.
Found in 3 Contracts from 3 Companies
Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution or as set forth in Schedule A and may be exercised during the lifetime of Participant Optionee only by Participant. Optionee. The terms of this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.
Found in 3 Contracts from CATALYST BIOSCIENCES, INC.
Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and distribution. The designation of a beneficiary does not constitute a transfer. This Option may be exercised during the lifetime of Participant the Optionee only by Participant. the Optionee. The terms of this Option shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.
Found in 4 Contracts from ALTABA INC.
Non-Transferability of Option. This Option may not be transferred sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner otherwise than by will or by the laws of descent or distribution and may be exercised exercised, during the lifetime of Participant Optionee, only by Participant. Optionee. The terms of the Plan and this Award Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.
Found in 3 Contracts from ENDOCYTE INC