Non-Transferability of Option Clause Example from Business Contracts

This example Non-Transferability of Option clause appears in 2 contracts from 2 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 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 only in accordance with th...e Plan and the terms of this Option. View More
Found in Roblox Corp contract
Roblox Corp Contracts

2004 Incentive Stock Plan, as amended, and related form agreements (Filed With SEC on January 8, 2021)

XTERA COMMUNICATIONS, INC. Contracts

XTERA COMMUNICATIONS, INC. 1999 STOCK PLAN AsAmended Through January 5, 2001 (Filed With SEC on October 5, 2015)