Transferability Clause Example with 13 Variations from Business Contracts

This page contains Transferability clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Transferability. Your option is not transferable, except by will or by the laws of descent and distribution, and is exercisable during your life only by you. Notwithstanding the foregoing, by delivering written notice to the Company, in a form satisfactory to the Company, you may designate a third party who, in the event of your death, shall thereafter be entitled to exercise your option. In addition, if permitted by the Company you may transfer your option to a trust if you are considered to be the sole benefic...ial owner (determined under Section 671 of the Code and applicable state law) while the option is held in the trust, provided that you and the trustee enter into a transfer and other agreements required by the Company. View More
Found in Alliqua BioMedical, Inc. contract

Variations of a "Transferability" Clause from Business Contracts

Transferability. Your option Except as otherwise permitted by the Committee in accordance with the terms of the Plan, your Award is not transferable, except by will or by the laws of descent and distribution, and is exercisable during your life only by you. distribution. Notwithstanding the foregoing, by delivering written notice to the Company, in a the form satisfactory to prescribed by the Company, you may designate a third party who, in the event of your death, shall will thereafter be entitled to exercise y...our option. In addition, if permitted by the Company you may transfer your option receive any distribution of Common Shares pursuant to a trust if you are considered to be the sole beneficial owner (determined under Section 671 4 of the Code and applicable state law) while the option is held in the trust, provided that you and the trustee enter into a transfer and other agreements required by the Company. this Award Agreement. View More
Found in 2 Contracts from Bausch Health Companies Inc.
Transferability. Your option Except as otherwise permitted by the Committee in accordance with the terms of the Plan, your Award is not transferable, except by will or by the laws of descent and distribution, and is exercisable during your life only by you. distribution. Notwithstanding the foregoing, by delivering written notice to the Company, in a the form satisfactory to prescribed by the Company, you may designate a third party who, in the event of your death, shall will thereafter be entitled to exercise y...our option. In addition, if permitted by the Company you may transfer your option receive any distribution of Common Shares pursuant to a trust if you are considered to be the sole beneficial owner (determined under Section 671 3 of the Code and applicable state law) while the option is held in the trust, provided that you and the trustee enter into a transfer and other agreements required by the Company. this Award Agreement. View More
Found in 2 Contracts from Bausch Health Companies Inc.
Transferability. Your option Except as otherwise permitted by the Committee in accordance with the terms of the Plan, your Award is not transferable, except by will or by the laws of descent and distribution, and is exercisable during your life only by you. distribution. Notwithstanding the foregoing, by delivering written notice to the Company, in a the form satisfactory to prescribed by the Company, you may designate a third party who, in the event of your death, shall will thereafter be entitled to exercise y...our option. In addition, if permitted by the Company you may transfer your option receive any distribution of Common Shares pursuant to a trust if you are considered to be the sole beneficial owner (determined under Section 671 3 of the Code and applicable state law) while the option is held in the trust, provided that you and the trustee enter into a transfer and other agreements required by the Company. this Agreement. View More
Found in 2 Contracts from 2 Companies
Transferability. Your option Award is not transferable, except by will or by the laws of descent and distribution, and is exercisable during your life only by you. distribution. Notwithstanding the foregoing, by delivering written notice to the Company, in a form satisfactory to the Company, you may designate a third party who, in the event of your death, shall thereafter be entitled to exercise your option. In addition, if permitted by the Company you may transfer your option receive any distribution of shares ...of Common Stock pursuant to a trust if you are considered to be the sole beneficial owner (determined under Section 671 4 of the Code and applicable state law) while the option is held in the trust, provided that you and the trustee enter into a transfer and other agreements required by the Company. this Agreement. View More
Found in NEKTAR THERAPEUTICS contract
Transferability. Your option Award is not transferable, except by will or by the laws of descent and distribution, and is exercisable during your life only by you. distribution. Notwithstanding the foregoing, by delivering written notice to the Company, in a form satisfactory to the Company, you may designate a third party who, in the event of your death, shall thereafter be entitled to exercise your option. In addition, if permitted by the Company you may transfer your option receive any distribution of shares ...of Common Stock pursuant to a trust if you are considered to be the sole beneficial owner (determined under Section 671 3 of the Code and applicable state law) while the option is held in the trust, provided that you and the trustee enter into a transfer and other agreements required by the Company. this Agreement. View More
Found in 5 Contracts from 2 Companies
Transferability. Your option Award is not transferable, except by will or by the laws of descent and distribution, and is exercisable during your life only by you. distribution. Notwithstanding the foregoing, by delivering written notice to the Company, in a form satisfactory to the Company, you may designate a third party who, in the event of your death, shall will thereafter be entitled to exercise your option. In addition, if permitted by the Company you may transfer your option receive any distribution of Co...mmon Shares pursuant to a trust if you are considered to be the sole beneficial owner (determined under Section 671 4 of the Code and applicable state law) while the option is held in the trust, provided that you and the trustee enter into a transfer and other agreements required by the Company. this Agreement. View More
Found in Bausch Health Companies Inc. contract
Transferability. Your option Award is not transferable, except by will or by the laws of descent and distribution, and is exercisable during your life only by you. distribution. Notwithstanding the foregoing, by delivering written notice to the Company, in a form satisfactory to the Company, you may designate a third party who, in the event of your death, shall will thereafter be entitled to exercise your option. In addition, if permitted by the Company you may transfer your option receive any payment pursuant t...o a trust if you are considered to be the sole beneficial owner (determined under Section 671 of the Code and applicable state law) while the option is held in the trust, provided that you and the trustee enter into a transfer and other agreements required by the Company. this Agreement. View More
Found in ZYNGA INC contract
Transferability. Your option is The RSUs and any rights under this Agreement are not transferable, except by will or by the laws of descent and distribution, and is exercisable during your life only by you. distribution. Notwithstanding the foregoing, by delivering written notice to the Company, in a form satisfactory to the Company, you may designate a third party who, in the event of your death, shall thereafter be entitled to exercise your option. In addition, if permitted by the Company you may transfer your... option to a trust if you are considered to be the sole beneficial owner (determined under Section 671 of the Code and applicable state law) while the option is held in the trust, provided that you and the trustee enter into a transfer and other agreements required by the Company. RSUs. View More
Found in 4 Contracts from NPS PHARMACEUTICALS INC
Transferability. Your option is not transferable, except by will or by the laws of descent and distribution, and is exercisable during your life only by you. Notwithstanding the foregoing, by delivering written notice to the Company, in a form satisfactory to the Company, you may designate a third party who, in the event of your death, shall thereafter be entitled to exercise your option. In addition, if permitted by option, subject to the Company you may transfer terms and conditions otherwise applicable to the... exercise of your option option, the issuance of Common Stock pursuant to a trust if you are considered to be the sole beneficial owner (determined under Section 671 of the Code and applicable state law) while the option is held in the trust, provided that you such exercise and the trustee enter into a subsequent transfer and other agreements required by the Company. of such Common Stock. View More
Found in Emerald Bioscience, Inc. contract
Transferability. Your option Award is not transferable, except by will or by the laws of descent and distribution, and is exercisable during your life only by you. Notwithstanding the foregoing, by delivering written notice to the Company, in a form satisfactory to the Company, you may designate a third party who, in the event of your death, shall thereafter be entitled to exercise your option. In addition, if permitted by the Company you may transfer your option to a trust if you are considered to be the sole b...eneficial owner (determined under Section 671 of the Code and applicable state law) while the option is held in the trust, provided that you and the trustee enter into a transfer and other agreements required by the Company. Award. View More
Found in LEVI STRAUSS & CO contract