Nontransferability of Awards Clause Example from Business Contracts
This example Nontransferability of Awards clause appears in 2 contracts from 1 company
Nontransferability of Awards. Except as provided in Section 5 or otherwise permitted by the Committee, you may not sell, transfer, pledge, assign or otherwise alienate or hypothecate any of your Stock Options, and all rights with respect to your Stock Options are exercisable during your lifetime only by you.
Found in
MetLife Inc. contract
MetLife Inc. Contracts
STOCK OPTION AGREEMENT (Ratable Exercisability in Thirds) (Filed With SEC on December 11, 2014)
STOCK OPTION AGREEMENT (Three-Year Cliff Exercisability) (Filed With SEC on December 11, 2014)