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 the Optionee only by the Optionee. The terms of the 2016 Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.
Found in
Motus GI Holdings, Inc. contract
Motus GI Holdings, Inc. Contracts
Form of Assumed Options to Israeli Employees and Directors Agreement (Filed With SEC on January 5, 2018)
Form of Assumed Options to Israeli Non-Employees and Controlling Shareholders Agreement (Filed With SEC on January 5, 2018)