Transfer Restrictions Clause Example from Business Contracts

This example Transfer Restrictions clause appears in 5 contracts from 4 companies

Transfer Restrictions. (a) This option may not be sold, assigned, transferred, pledged or otherwise encumbered by the Participant, either voluntarily or by operation of law, except by will or the laws of descent and distribution, and, during the lifetime of the Participant, this option shall be exercisable only by the Participant. (b) The Participant agrees that he or she will not transfer any Shares issued pursuant to the exercise of this option unless the transferee, as a condition to such transfer, delivers to the ...Company a written instrument confirming that such transferee shall be bound by all of the terms and conditions of Section 4 and Section 5; provided that such a written confirmation shall not be required with respect to (1) Section 4 after such provision has terminated in accordance with Section 4(g) or (2) Section 5 after the completion of the lock-up period in connection with the Company's initial underwritten public offering. 8. Provisions of the Plan. This option is subject to the provisions of the Plan (including the provisions relating to amendments to the Plan), a copy of which is furnished to the Participant with this option. View More
Found in Sesen Bio, Inc. contract
Keros Therapeutics, Inc. Contracts

Form of Stock Option Grant Notice and Option Agreement for the 2017 Stock Incentive Plan, as amended (Filed With SEC on March 16, 2020)

Sesen Bio, Inc. Contracts

Form of Nonstatutory Stock Option Agreement under the CARISMA Therapeutics Inc. 2017 Stock Incentive Plan (Filed With SEC on March 8, 2023)

Form of Incentive Stock Option Agreement under the CARISMA Therapeutics Inc. 2017 Stock Incentive Plan (Filed With SEC on March 8, 2023)

Spark Therapeutics, Inc. Contracts

SPARK THERAPEUTICS, INC. INCENTIVE STOCK OPTION AGREEMENT GRANTED UNDER 2014 STOCK INCENTIVE PLAN (Filed With SEC on December 30, 2014)

Seres Therapeutics, Inc. Contracts

SERES HEALTH, INC. 2012 STOCKINCENTIVE PLAN (Filed With SEC on May 27, 2015)