Non-Transferability of Option Clause Example from Business Contracts

This example Non-Transferability of Option clause appears in 7 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 Optionee only by the 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 Liquidity Services, Inc. contract
Liquidity Services, Inc. Contracts

Form of Notice of Time-Based Stock Option Grant (Filed With SEC on December 10, 2019)

Form of Notice of Performance Based Stock Option Grant (Filed With SEC on December 10, 2019)

LIQUIDITY SERVICES, INC. SECOND AMENDED AND RESTATED 2006 OMNIBUS LONG-TERM INCENTIVE PLAN NOTICE OF STOCK OPTION GRANT (Filed With SEC on February 24, 2017)

PROGENITY, INC. Contracts

2011 Incentive Stock Plan (Filed With SEC on May 27, 2020)

2011 Incentive Stock Plan (Filed With SEC on December 1, 2020)

AEHR TEST SYSTEMS Contracts

AEHR TEST SYSTEMS, INC. 2006 EQUITY INCENTIVE PLAN STOCK OPTION AWARD AGREEMENT (Filed With SEC on August 29, 2016)

GOLD TORRENT CANADA INC Contracts

Gold Torrent, Inc. 2013 Equity Incentive Plan (Filed With SEC on October 25, 2017)