The Option shall not be transferable by the Participant otherwise than by will or by the laws of descent and distribution or pursuant to a qualified domestic relations order as defined by the Code or Title I of the Employee Retirement Income Security Act or the rules thereunder. Except as provided above in this paragraph, the Option shall be exercisable, during the Participant’s lifetime, only by the Participant (or, in the event of legal incapacity or incompetency, by the Participant’s guardian or representative) and shall not be assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to execution, attachment or similar process. Any attempted transfer, assignment, pledge, hypothecation or other disposition of the Option or of any rights granted hereunder contrary to the provisions of this Section 8, or the levy of any attachment or similar process upon the Option shall be null and void.

The Option shallmay not be transferable by the Participant otherwisein any manner (including without limitation, sale, alienation, anticipation, pledge, encumbrance, or assignment) other than by will or by the laws of descent and distribution or pursuant to a qualified domestic relations order as defineddistribution, unless otherwise determined by the Code or Title I ofCommittee in accordance with the Employee Retirement Income Security Act or the rules thereunder. Except as provided above in this paragraph,Plan. All rights with respect to the Option shall be exercisable,exercisable during the Participant’s lifetime,lifetime of the Participant only by the Participant (or, in the event of legal incapacity or incompetency, by the Participant’shis or her guardian or representative) and shall not be assigned, pledgedlegal representative or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to execution, attachment or similar process. Any attempted transfer, assignment, pledge, hypothecation or other disposition of the Option or of any rights granted hereunder contrary to the provisions of this Section 8, or the levy of any attachment or similar process upon the Option shall be null and void.permitted transferee, if applicable.

Option Not Transferable Except in Event of Death. The Option shallmay not be transferabletransferred, assigned, pledged or hypothecated by the Participant otherwise thanduring the Participant’s lifetime, whether by operation of law or otherwise, or be made subject to execution, attachment or similar process, except by beneficiary designation, will or by the laws of descent and distribution or pursuant toin the case of a qualified domestic relations order as defined by the Code or Title I of the Employee Retirement Income Security Act or the rules thereunder. Except as provided above in this paragraph, the Option shall be exercisable, during the Participant’s lifetime, onlytransfer by the Participant (or,with the prior written consent of the Board of Managers in its sole discretion. The Option may not be subject to execution or other similar process. If the Participant attempts to alienate, assign, pledge, hypothecate or otherwise dispose of the Option or any of the Participant’s rights hereunder, except as provided herein, or in the event of legal incapacity or incompetency, by the Participant’s guardian or representative) and shall not be assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to execution, attachment or similar process. Any attempted transfer, assignment, pledge, hypothecation or other disposition of the Option or of any rights granted hereunder contrary to the provisions of this Section 8, or the levy of any attachmentlevy, attachment, execution or similar process upon the rights or interests hereby conferred, the Company may, in its sole and absolute discretion, terminate the Option by notice to Participant and it shall bethereupon become null and void.

The OptionTransferability. Options granted under the Plan, and any interest therein, shall not be transferable or assignable by the ParticipantParticipant, and may not be made subject to execution, attachment or similar process, otherwise than by will or by the laws of descent and distribution or pursuant to a qualified domestic relations order as defined byconsistent with the Code or Title Ispecific Plan and Option Agreement provisions relating thereto. During the lifetime of the Employee Retirement Income Security Act or the rules thereunder. Except as provided above in this paragraph, theParticipant an Option shallmay be exercisable, during the Participant’s lifetime,exercisable only by the Participant (or, in the event of legal incapacity or incompetency,Participant, and any elections with respect to any Option may be made only by the Participant’s guardian or representative) and shall not be assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to execution, attachment or similar process. Any attempted transfer, assignment, pledge, hypothecation or other disposition of the Option or of any rights granted hereunder contrary to the provisions of this Section 8, or the levy of any attachment or similar process upon the Option shall be null and void.Participant.

The Option shall not be transferable byExcept as permitted under the Plan, the Participant otherwisemay not assign or transfer the Option to anyone other than by will or by the laws of descent and distribution or pursuant to a qualified domestic relations order as defined by the Code or Title I of the Employee Retirement Income Security Act or the rules thereunder. Except as provided above in this paragraph,and the Option shall be exercisable, during the Participant’s lifetime,exercisable only by the Participant (or, in the event of legal incapacityduring his or incompetency,her lifetime or, following a Participant’s death, by the Participant’Participant’s guardianbeneficiary. The Company may cancel the Participant’s Option if the Participant attempts to assign or representative) and shall not be assigned, pledged or hypothecatedtransfer it in any way (whether by operation of law or otherwise) and shall not be subject to execution, attachment or similar process. Any attempted transfer, assignment, pledge, hypothecation or other disposition of the Option or of any rights granted hereunder contrary to the provisions ofa manner inconsistent with this Section 8, or the levy of any attachment or similar process upon the Option shall be null and void.19.

TheNontransferability of Option. Except as otherwise provided in Section 5.8 of the Plan, this Option shallmay not be transferable by the Participanttransferred in any manner otherwise than by will or by the laws of descent or distribution and distribution or pursuant to a qualified domestic relations order as definedmay be exercised during the lifetime of the Participant only by the Code or Title IParticipant. The terms of the Employee Retirement Income Security Act or the rules thereunder. Except as provided above in this paragraph, the Option shall be exercisable, duringbinding upon the Participant’s lifetime, only by the Participant (or, in the event of legal incapacity or incompetency, by the Participant’s guardian or representative)executors, administrators, heirs, successors and shall not be assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to execution, attachment or similar process. Any attempted transfer, assignment, pledge, hypothecation or other dispositionassigns of the Option or of any rights granted hereunder contrary to the provisions of this Section 8, or the levy of any attachment or similar process upon the Option shall be null and void.Participant.

The Option shall not be transferable or assignable by the ParticipantOptionee, otherwise than by will or by the laws of descent and distribution or pursuant to a qualified domestic relations order as defined by the Code or Title I of the Employee Retirement Income Security Act or the rules thereunder. Except as provided above in this paragraph,and the Option shall be exercisable, during the Participant’Optionee's lifetime, only by the Participant (or, in the eventhim or, during periods of legal incapacity or incompetency,disability, by the Participant’s guardian or representative) andhis legal representative. No Option shall not be assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to execution, attachment or similar process. Any attempted transfer, assignment, pledge, hypothecation or other disposition of the Option or of any rights granted hereunder contrary to the provisions of this Section 8, or the levy of any attachment or similar process upon the Option shall be null and void.

The Option shallThis option may not be transferablesold, assigned, transferred, pledged or otherwise encumbered by the Participant otherwise thanParticipant, either voluntarily or by operation of law, except by will or by the laws of descent and distribution or pursuant to a qualified domestic relations order as defined bydistribution, and, during the Code or Title Ilifetime of the Employee Retirement Income Security Act or the rules thereunder. Except as provided above inParticipant, this paragraph, the Optionoption shall be exercisable, during the Participant’s lifetime,exercisable only by the Participant (or, in the event of legal incapacity or incompetency, by the Participant’s guardian or representative) and shall not be assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to execution, attachment or similar process. Any attempted transfer, assignment, pledge, hypothecation or other disposition of the Option or of any rights granted hereunder contrary to the provisions of this Section 8, or the levy of any attachment or similar process upon the Option shall be null and void.Participant.

Transferability. The Option shallis not be transferable by the Participant otherwise thantransferable, except by will or by the laws of descent and distribution or pursuant to a qualified domestic relations order as defined by the Code or Title I of the Employee Retirement Income Security Act or the rules thereunder. Except as provided above in this paragraph, the Option shall be exercisable,distribution, and is exercisable during the Participant’Optionee’s lifetime,life only by the ParticipantOptionee (or, in the event of the Optionee’s legal incapacity to do so, by his or incompetency, by the Participant’sher guardian or representative) andlegal representative acting on behalf of Optionee in a fiduciary capacity under state law and/or court supervision); provided that any successor or transferee of Optionee shall not be assigned, pledged or hypothecated inentitled to further transfer the Option and any way (whether by operationshares acquired upon exercise of law or otherwise) andthe Option shall not be subject to execution, attachmentthe restrictions set forth herein and in the Plan. In the event of any attempt by Optionee to alienate, assign, pledge, hypothecate, or similar process. Any attempted transfer, assignment, pledge, hypothecation or other dispositionotherwise dispose of the OptionOption, or of any rights granted hereunder contrary toright hereunder, except as provided for in this Agreement, or in the provisionsevent of this Section 8, or the levy of any attachmentattachment, execution, or similar process upon the rights or interest hereby conferred, the Company, at its election, may terminate the Option by notice to Optionee and the Option shall bethereupon become null and void.

Transferability. The OptionOptions shall, during the Participant's lifetime, be exercisable only by the Participant, and neither it nor any right hereunder shall not be transferable by the Participant otherwise than by will or by the laws of descent and distribution or pursuantbe subject to a qualifiedattachment, execution or other similar process. Notwithstanding the foregoing, an Participant may transfer the Options in whole or in part by gift or domestic relations order as defined by the Code or Title Ito a family member of the Employee Retirement Income Security ActParticipant (a "Permitted Transferee") and, following any such transfer, such Options or the rules thereunder. Except as provided above in this paragraph, the Optionportion thereof shall be exercisable, during the Participant’s lifetime,exercisable only by the Permitted Transferee, provided that no such Options or portion thereof is transferred for value, and provided further that, following any such transfer, neither such Options or any portion thereof nor any right hereunder shall be transferable other than to the Participant (or,or otherwise than by will or the laws of descent and distribution or be subject to attachment, execution or other similar process. For purposes of this paragraph, "family member" includes any child, stepchild, grandchild, parent, stepparent, grandparent, spouse, former spouse, sibling, niece, nephew, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law or sister-in-law, including adoptive relationships, any person sharing the Participant's household (other than a tenant or employee), trust in which these persons have more than fifty percent of the beneficial interest, a foundation in which these persons (or the Participant) control the management of assets and any other entity in which these persons (or the Participant) own more than fifty percent of the voting interests. In the event of any attempt by the Participant to alienate, assign, pledge, hypothecate or otherwise dispose of his or her Options or of any right hereunder, except as provided for herein, or in the event of legal incapacityany levy or incompetency, by the Participant’s guardian or representative) and shall not be assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to execution, attachment or similar process. Any attempted transfer, assignment, pledge, hypothecation or other disposition of the Option or of any rights granted hereunder contrary to the provisions of this Section 8, or the levy of any attachmentattachment, execution or similar process upon the Optionrights or interest hereby conferred, the Company may terminate his Options by notice to the Participant and it shall bethereupon become null and void.