Transferability Clause Example from Business Contracts

This example Transferability clause appears in 5 contracts from 2 companies

Transferability. The Option may not be transferred and shall not be subject in any manner to assignment, alienation, pledge, encumbrance or charge, unless otherwise provided under the Plan. Any purported Transfer or encumbrance in violation of the provisions of this Section 5 shall be void, and the other party to any such purported transaction shall not obtain any rights to or interest in the Option.
Found in Meridian Bioscience, Inc. contract
Meridian Bioscience, Inc. Contracts

Form of Nonqualified Stock Option Agreement (Filed With SEC on November 23, 2020)

Form of Time-Based Nonqualified Stock Option Award Agreement dated November 8, 2017 (Filed With SEC on November 29, 2017)

Form of Performance Award Nonqualified Stock Option Award Agreement dated November 8, 2017 (Filed With SEC on November 29, 2017)

LSI INDUSTRIES INC Contracts

LSI INDUSTRIES INC. AMENDED AND RESTATED 2012 STOCK INCENTIVE PLAN NONQUALIFIED STOCK OPTION AGREEMENT / SERVICE-BASED (Filed With SEC on July 6, 2015)

LSI INDUSTRIES INC. AMENDED AND RESTATED 2012 STOCK INCENTIVE PLAN INCENTIVE STOCK OPTION AGREEMENT (Filed With SEC on July 6, 2015)