Non-Transferability of Option Clause Example from Business Contracts

This example Non-Transferability of Option clause appears in 3 contracts from 3 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 Participant only by Participant. The terms of the Plan and this Award Agreement shall be binding upon the executors, Committees, heirs, successors and assigns of the Participant.
Found in Aerovate Therapeutics, Inc. contract
Aerovate Therapeutics, Inc. Contracts

2018 Equity Incentive Plan, and form of award agreements thereunder (Filed With SEC on June 9, 2021)

HUBSPOT INC Contracts

HUBSPOT, INC 2007EQUITY INCENTIVE PLAN (Filed With SEC on August 25, 2014)

GoDaddy Inc. Contracts

LOCU, INC. AMENDED AND RESTATED 2011 EQUITY INCENTIVE PLAN (Filed With SEC on February 13, 2015)