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 Except as otherwise set forth in the Notice or the Plan, 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 terms of this Option shall be binding upon the executors, administrators, heirs, successors and assigns of Optionee.
Found in FLEXPOINT SENSOR SYSTEMS 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, the Operating Agreement and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.
Found in Applied Molecular Transport 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 the Optionee only by Participant. the 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 COFFEE HOLDING CO 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 or as set forth in the Plan 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.
Found in KalVista Pharmaceuticals, 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 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 13 Contracts from 7 Companies
Non-Transferability of Option. This The Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may only 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 XSUNX 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 and distribution and 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 4 Contracts from InfuSystem 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 and may be exercised during the lifetime of Participant the Optionee only by Participant. the Optionee. The terms of the Plan and this Grant Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.
Found in 13 Contracts from 9 Companies
Non-Transferability of Option. 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. Optionee. The terms of the Option shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.
Found in Alpha Teknova, Inc. contract
Non-Transferability of Option. This Except as specifically authorized in writing by the Administrator, 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 only by Participant. The terms of the Plan and this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of Participant. 3 7. Term of Option. This Option may be exercised only within the term set out in the Notic...e of Stock Option Grant, and may be exercised during such term only in accordance with the Plan and the terms of this Agreement. View More
Found in Archimedes Tech Spac Partners Co contract