Non-Transferability of Option Clause Example from Business Contracts

This example Non-Transferability of Option clause appears in 7 contracts from 6 companies

Non-Transferability of Option. The Option may not be sold, assigned, transferred, pledged, hypothecated, or otherwise disposed of other than by will or by the laws of descent or distribution or court order and may be exercised during the lifetime of Participant only by Participant or unless otherwise permitted by the Committee on a case-by-case basis. The terms of the Plan and this Option Agreement will be binding upon the executors, administrators, heirs, successors, and assigns of Participant.
Found in Stoke Therapeutics, Inc. contract
Stoke Therapeutics, Inc. Contracts

2019 Equity Incentive Plan, to become effective on the date immediately prior to the date the registration statement is declared effective, and forms of award agreements (Filed With SEC on June 7, 2019)

2019 Equity Incentive Plan, and forms of award agreements (Filed With SEC on March 6, 2023)

Morphic Holding, Inc. Contracts

2019 Equity Incentive Plan, to become effective on the date immediately prior to the date the registration statement is declared effective, and forms of award agreements (Filed With SEC on June 14, 2019)

Prelude Therapeutics Inc Contracts

2020 Equity Incentive Plan, to become effective on the date immediately prior to the date the registration statement is declared effective, and forms of award agreements (Filed With SEC on September 21, 2020)

Malo Holdings Corp Contracts

2020 Equity Incentive Plan and form of award agreements (Filed With SEC on October 9, 2020)

Laffin Acquisition Corp. Contracts

2021 Equity Incentive Plan and form of award agreements (Filed With SEC on October 27, 2021)

Ultimax Digital, Inc. Contracts

2020 Equity Incentive Plan, as amended (Filed With SEC on October 26, 2022)