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 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. The designation of a beneficiary by Optionee will not constitute a transfer. The terms of this Option shall be binding upon the executors, administrators, heirs, successors and assigns of Optionee.
Found in FITBIT 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 may be exercised during the lifetime of Participant Optionee only by Participant. Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee. -14- 8. 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 ter...m only in accordance with the Plan and the terms of this Option. View More
Found in Roblox Corp 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 may be exercised during the lifetime of Participant Optionee only by Participant. Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of Optionee.
Found in BIOTIME 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 may be exercised during the lifetime of Participant Optionee only by Participant. Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee. 3 8. 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 o...nly in accordance with the Plan and the terms of this Option. View More
Found in 2 Contracts from 2 Companies
Non-Transferability of Option. This Option These Options 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. The terms of these Options shall be binding upon the executors, administrators, heirs, successors and assigns of Optionee.
Found in GigCapital2, Inc. contract
Non-Transferability of Option. This The Option may not be transferred in any manner otherwise than by will wil1 or by the laws of descent or distribution and may be exercised during the lifetime of Participant Optionee, only by Participant. Optionee. The terms of the Option shall be binding upon the executors, administrators, heirs, successors and assigns of Optionee.
Found in XINDA INTERNATIONAL CORP. 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 may be exercised during the lifetime of Participant the Optionee only by Participant. the Optionee. The terms of the 2016 Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.
Found in 2 Contracts from Motus GI Holdings, 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 distribution, and may be exercised during the Optionee's lifetime of Participant only by Participant. Optionee. Subject to the foregoing restriction, the terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.
Found in NEWLINK GENETICS CORP 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 may be exercised during the lifetime of Participant Optionee only by Participant. Optionee. The terms of the Plan, this Option Agreement and the Joint Election shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.
Found in MAVENIR SYSTEMS INC contract
Non-Transferability of Option. This Except as otherwise set forth in the Notice, this Option may not be transferred in any manner otherwise other 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. The terms of this Option shall be binding upon the executors, administrators, heirs, successors and assigns of Optionee.
Found in TUBEMOGUL INC contract