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This excerpt taken from the EBAY DEF 14A filed Apr 30, 2007. RESTRICTIONS
ON TRANSFER
The participant may not transfer an award other than by will or
by the laws of descent and distribution unless otherwise
provided by the award terms.
Table of Contents
This excerpt taken from the EBAY DEF 14A filed Apr 26, 2006. RESTRICTIONS
ON TRANSFER
In general, the optionholder may not transfer an incentive stock
option other than by will or by the laws of descent and
distribution. However, the Board may grant nonstatutory stock
options that are transferable to the extent provided in the
stock option agreement. If the option agreement does not provide
for transferability, then the nonstatutory stock option is not
transferable other than by will or by the laws of descent and
distribution.
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