Non-Transferability of Option Clause Example from Business Contracts

This example Non-Transferability of Option clause appears in 3 contracts from 1 company

Non-Transferability of Option. This Option may not be sold, pledged, assigned, hypothecated, transferred, or disposed of 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 Award Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.
Found in ENDOCYTE INC contract
ENDOCYTE INC Contracts

Form of 2010 Equity Incentive Plan Stock Option Award Agreement (Employees) (for use after July 18, 2018) (Filed With SEC on August 1, 2018)

Form of 2010 Equity Incentive Plan Stock Option Award Agreement (Directors Initial Grants) (for use after July 18, 2018) (Filed With SEC on August 1, 2018)

Form of 2010 Equity Incentive Plan Stock Option Award Agreement (Directors Annual Grants) (for use after July 18, 2018) (Filed With SEC on August 1, 2018)