Limitation on Transfer. The Option may not be sold, pledged, hypothecated, or transferred in any manner other than by will or by the laws of descent and distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Option shall be binding upon the executors, administrators, heirs, successors and assigns of Optionee.
Non-Transferability of Option. This Option may not be sold, pledged, hypothecated, or transferred in any manner other thanexcept by will or by the laws of descent and distribution andor distribution. It may be exercised during the lifetime of Optionee only by Optionee. The terms of thethis Option shall be binding upon the executors, administrators, heirs, successorssuccessors, and assigns of Optionee.
Non-Transferability of Option. This Option may not be sold, pledged, hypothecated, or transferred in any manner other thanexcept by will or by the laws of descent andor distribution and may be exercised during the Optionee’s lifetime ofby the Optionee only by Optionee.only. The terms of thethis Option shall beare binding upon the executors, administrators, heirs, successorssuccessors, and assigns of the Optionee.
NON-TRANSFERABILITY OF OPTIONS. The Option may not be sold, pledged, hypothecated,assigned, hypothecated or transferreddisposed of in any manner other than by will or by the laws of descent andor distribution and may be exercisedexercised, during the lifetime of Optioneethe Optionee, only by Optionee. The terms of the Option shall be binding upon the executors, administrators, heirs, successors and assigns of Optionee.
Non-Transferability of Option. Except as otherwise set forth in the Notice, this Option may not be sold, pledged, hypothecated, or transferred in any manner otherotherwise than by will or by the laws of descent andor distribution and may be exercised during the lifetime of Optionee only by Optionee.him or her. The terms of thethis Option shall be binding upon the executors, administrators, heirs, successors and assigns of Optionee.
Non-Transferability of Option. This Option may not be sold, pledged, hypothecated, or transferred in any manner otherotherwise than by will or by the laws of descent andor distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.
Non-Transferability. No Option may notgranted hereunder shall be sold, pledged, hypothecated, or transferred in any manner othertransferable by the Optionee to whom granted otherwise than by will or by the laws of descent and distributiondistribution, and an Option may be exercised during the lifetime of such Optionee only by Optionee.the Optionee or his guardian or legal representative. The terms of thesuch Option shall be binding upon the beneficiaries, executors, administrators, heirs,heirs and successors and assigns of the Optionee.
Nontransferability of Option. Except as otherwise provided in [Section 5.8] of the Plan, this Option may not be sold, pledged, hypothecated, or transferred in any manner otherotherwise than by will or by the laws of descent andor distribution and may be exercised during the lifetime of Optioneethe Participant only by Optionee.the Participant. The terms of thethis Option shall be binding upon the executors, administrators, heirs, successors and assigns of Optionee.the Participant.
Non-Transferability. No Option may notgranted hereunder shall be sold, pledged, hypothecated, or transferred in any manner othertransferable by the Grantee to whom granted otherwise than by will or by the laws of descent and distributiondistribution, and an Option may be exercised during the lifetime of Optioneesuch Grantee only by Optionee.the Grantee or his guardian or legal representative. The terms of thesuch Option shall be binding upon the beneficiaries, executors, administrators, heirs,heirs and successors and assigns of Optionee.the Grantee.
The Option may not be sold, pledged, hypothecated, or transferredtransferable in any manner (including without limitation, sale, alienation, anticipation, pledge, encumbrance, or assignment) other than by will or by the laws of descent and distribution and maydistribution, unless otherwise determined by the Committee in accordance with the Plan. All rights with respect to the Option shall be exercisedexercisable during the lifetime of Optioneethe Participant only by Optionee. The terms of the Option shall be binding upon the executors, administrators, heirs, successors and assigns of Optionee.Participant or his or her guardian or legal representative or permitted transferee, if applicable.
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