Restrictions on Exercise Clause Example from Business Contracts

This example Restrictions on Exercise clause appears in 4 contracts from 1 company

Restrictions on Exercise. Except as the Committee may otherwise permit pursuant to the Plan, only the Grantee may exercise the Option during the Grantee's lifetime and, after the Grantee's death, the Option shall be exercisable (subject to the limitations specified in the Plan) solely by the person who acquires the right to exercise the Option by will or by the laws of descent and distribution, to the extent that the Option is exercisable pursuant to this Agreement.
Found in Nutrisystem, Inc. contract
Nutrisystem, Inc. Contracts

NUTRISYSTEM, INC. AMENDED AND RESTATED NUTRISYSTEM, INC. 2008 LONG-TERM INCENTIVE PLAN 2015 NONQUALIFIED STOCK OPTION GRANT AGREEMENT DAWN M. ZIER (Filed With SEC on January 5, 2016)

NUTRISYSTEM, INC. AMENDED AND RESTATED NUTRISYSTEM, INC. 2008 LONG-TERM INCENTIVE PLAN 2015 NONQUALIFIED STOCK OPTION GRANT AGREEMENT (NAME) (Filed With SEC on January 2, 2015)

NUTRISYSTEM, INC. AMENDED AND RESTATED NUTRISYSTEM, INC. 2008 LONG-TERM INCENTIVE PLAN NONQUALIFIED STOCK OPTION GRANT AGREEMENT Keira Krausz (Filed With SEC on March 12, 2013)

NUTRISYSTEM, INC. AMENDED AND RESTATED NUTRISYSTEM, INC. 2008 LONG-TERM INCENTIVE PLAN NONQUALIFIED STOCK OPTION GRANT AGREEMENT (Name) (Filed With SEC on March 12, 2013)