Nontransferability of the Option Contract Clauses (78)
Grouped Into 2 Collections of Similar Clauses From Business Contracts
This page contains Nontransferability of the Option clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Nontransferability of the Option. During the lifetime of the Participant, the Option shall be exercisable only by the Participant or the Participant's guardian or legal representative. The Option shall not be subject in any manner to anticipation, alienation, sale, exchange, transfer, assignment, pledge, encumbrance, or garnishment by creditors of the Participant or the Participant's beneficiary, except transfer by will or by the laws of descent and distribution. Following the death of the Participant, the Option, to the extent ...
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Kadmon Holdings, Inc. contract
Nontransferability of the Option. The Option may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 7, may be exercised by the Optionee's legal representative or by any person empowered to do so under the deceased Optionee's will or under the then applicable laws of de...
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