Non-Transferability of Option Clause Example from Business Contracts

This example Non-Transferability of Option clause appears in 3 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 unless otherwise permitted by the Committee on a case-by-case basis. The terms of the Plan and this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Participant.
Found in IMPERVA INC contract
IMPERVA INC Contracts

IMPERVA, INC. 2011 Stock Option and Incentive Plan (Filed With SEC on February 28, 2014)

Green Dot Corporation Contracts

GREEN DOT CORPORATION 2010 EQUITY INCENTIVE PLAN As Adopted June 4, 2010 As Amended May 21, 2014 (Filed With SEC on May 23, 2014)

GREEN DOT CORPORATION 2010 EQUITY INCENTIVE PLAN As Adopted June 4, 2010 And as Thereafter Amended (Filed With SEC on May 31, 2017)