Non-Transferability of Option Clause Example from Business Contracts

This example Non-Transferability of Option clause appears in 2 contracts from 1 company

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 this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.
Found in Curative Biotechnology Inc contract
Curative Biotechnology Inc Contracts

Form of Common Stock Purchase Option issued to Catherine Sohn pursuant to Consulting Agreement dated September 27, 2021 (Filed With SEC on September 30, 2022)

Form of Common Stock Purchase Option issued to Catherine Sohn pursuant to Consulting Agreement dated September 27, 2021 (Filed With SEC on November 7, 2022)