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 other than by will or by the laws of descent or distribution or court order and may be exercised during the lifetime of Participant only by the Participant. The terms of the Plan and this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Participant.
Found in GLU MOBILE INC contract
GLU MOBILE INC Contracts

For the 2007 Equity Incentive Plan, forms of (a) Notice of Performance Stock Option Grant Agreement (One Year Vesting Term), (b) Notice of Performance Stock Option Grant Agreement... (Filed With SEC on March 9, 2018)

RiceBran Technologies Contracts

Form of Stock Option Agreement for 2014 Equity Incentive Plan (Filed With SEC on March 31, 2015)