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

Meridian Bioscience, Inc. 2012 Stock Incentive Plan Nonqualified Stock Option Agreement with Grantee (Filed With SEC on November 23, 2020)

Meridian Bioscience, Inc. 2012 Stock Incentive Plan Nonqualified Stock Option Agreement (Time-Based) (Filed With SEC on November 29, 2017)

Meridian Bioscience, Inc. 2012 Stock Incentive Plan Nonqualified Stock Option Agreement (Performance Award) (Filed With SEC on November 29, 2017)

LSI INDUSTRIES INC Contracts

LSI Industries Inc. Nonqualified Stock Option Agreement (Service-Based) under 2012 Stock Incentive Plan (Filed With SEC on July 6, 2015)

LSI Industries Inc. Incentive Stock Option Agreement under 2012 Stock Incentive Plan (Filed With SEC on July 6, 2015)