Non-Transferability of Stock Options. The Option granted hereunder to the Grantee shall not be assignable or transferable by the Grantee otherwise than by will or the laws of descent and distribution, and such Option shall be exercisable, during the lifetime of the Grantee, only by the Grantee (or, in the event of the Grantee's legal incapacity or incompetency, the Grantee's guardian or legal representative).
Nontransferability. This Stock Options. The Option granted hereunder to the Grantee shall not be assignable or transferable by the Grantee otherwise thanexcept by will or by the laws of descent and distribution, and such Option shall be exercisable,exercisable during theOptionees lifetime of the Grantee, only by the Grantee (or, in the event of the Grantee's legal incapacityOptionee or incompetency, the Grantee'shis or her guardian or legal representative).representative.
Non-Transferability of Stock Options. TheTransferability. No Option granted hereunder to the Grantee shall not be assignable or transferable by the Grantee to whom granted otherwise than by will or the laws of descent and distribution, and an Option may be exercised during the lifetime of such Grantee only by the Grantee or his guardian or legal representative. The terms of such Option shall be exercisable, duringbinding upon the lifetimebeneficiaries, executors, administrators, heirs and successors of the Grantee, only by the Grantee (or, in the event of the Grantee's legal incapacity or incompetency, the Grantee's guardian or legal representative).Grantee.
This Stock Options. The Option granted hereunder to the Grantee shallis not be assignable or transferable by the GranteeEmployee otherwise than by will or the laws of descent and distribution, and such Option shall be exercisable, during the lifetime of the Grantee,is exercisable only by the Grantee (or, inEmployee during his or her lifetime. This Stock Option may not be transferred, assigned, pledged or hypothecated by the eventEmployee during his or her lifetime, whether by operation of the Grantee's legal incapacitylaw or incompetency, the Grantee's guardianotherwise, and is not subject to execution, attachment or legal representative).similar process.
Transferability. This Agreement is personal to the Grantee shallOptionee, is non-assignable and is not be assignabletransferable in any manner, by operation of law or transferable by the Grantee otherwiseotherwise, other than by will or the laws of descent and distribution, and suchdistribution. This Stock Option shall beis exercisable, during the lifetime of the Grantee,Optionee’s lifetime, only by the Grantee (or, inOptionee, and thereafter, only by the event of the Grantee'Optionee’s legal incapacityrepresentative or incompetency, the Grantee's guardian or legal representative).legatee.
This Stock Options. The Option granted hereunder to the Grantee shallis not be assignable or transferable by the GranteeEmployee otherwise than by will or the laws of descent and distribution, and such Option shall be exercisable, during the lifetime of the Grantee,is exercisable only by the Grantee (or, inEmployee during the eventEmployee’s lifetime. This Stock Option may not be transferred, assigned, pledged or hypothecated by the Employee during the Employee’s lifetime, whether by operation of the Grantee's legal incapacitylaw or incompetency, the Grantee's guardianotherwise, and is not subject to execution, attachment or legal representative).similar process.
Non-Transferability of Stock Options. TheTransferability. No Option granted hereunder to the Grantee shall not be assignable or transferable by the GranteeOptionee to whom granted otherwise than by will or the laws of descent and distribution, and an Option may be exercised during the lifetime of such Optionee only by the Optionee or his guardian or legal representative. The terms of such Option shall be exercisable, duringbinding upon the lifetimebeneficiaries, executors, administrators, heirs and successors of the Grantee, only by the Grantee (or, in the event of the Grantee's legal incapacity or incompetency, the Grantee's guardian or legal representative).Optionee.
Transferability of Stock Options. The Option granted hereunder to the Grantee shall not be assignable or transferableAwards. Except as otherwise determined by the Grantee otherwiseCommittee in its sole discretion, and set forth in the relevant grant agreement, Options and Stock Awards shall be nonassignable and nontransferable by the Participant other than by will or the laws of descent and distribution. During a Participant’s lifetime, Options shall be exercisable only by the Participant or the Participant’s agent, attorney-in-fact or guardian, or by a transferee permitted by the relevant grant agreement. Incentive Stock Options shall be nonassignable and nontransferable by the Participant other than by will or the laws of descent and distribution, and such Option shall be exercisable,exercisable during the Participant’s lifetime of the Grantee, only by the Grantee (or, inParticipant or the event of the Grantee'Participant’s legal incapacityagent, attorney-in-fact or incompetency, the Grantee's guardian or legal representative).guardian.
During the lifetime of Stock Options. Thea Grantee of an Option, only such Grantee (or, in the event of such Grantee’s legal incapacity or incompetency, such Grantee’s guardian or legal representative) may exercise such Option. No Option granted hereunder to the Grantee shall not be assignable or transferable by the Grantee otherwiseto whom it is granted, other than by will or the laws of descent and distribution, and such Option shall be exercisable, during the lifetime of the Grantee, only by the Grantee (or, in the event of the Grantee's legal incapacity or incompetency, the Grantee's guardian or legal representative).distribution.
Non-Transferability of Stock Options. TheOption. This Option granted hereunder to the Grantee shallmay not be assignable or transferable by the Grantee otherwise thantransferred in any manner except by will or by the laws of descent and distribution, and such Option shallor distribution. It may be exercisable,exercised during the lifetime of the Grantee,Optionee only by Optionee. The terms of this Option shall be binding upon the Grantee (or, in the eventexecutors, administrators, heirs, successors, and assigns of the Grantee's legal incapacity or incompetency, the Grantee's guardian or legal representative).Optionee.
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.