Common use of Acceptance by Optionee Clause in Contracts

Acceptance by Optionee. The exercise of the Stock Option, or any portion thereof, is conditioned upon acceptance by the Optionee of the terms and conditions of this Award Agreement, as evidenced by the Optionee’s execution of Schedule 1, and the delivery to the Company of a copy of Schedule 1 which has been executed by the Optionee.

Appears in 5 contracts

Samples: Employment Agreement (ERBA Diagnostics, Inc.), Employment Agreement (ERBA Diagnostics, Inc.), Nonqualified Stock Option Award Agreement (Ivax Diagnostics Inc)

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