Common use of Acceptance by Optionee Clause in Contracts

Acceptance by Optionee. The Optionee acknowledges receipt of a copy of the Plan, a copy of which is annexed hereto, and represents that the Optionee is familiar with the terms and provisions thereof. The Optionee hereby accepts this Option subject to all the terms and provisions of the Plan and this Stock Option Grant Agreement. The Optionee hereby agrees to accept as binding, conclusive, and final all decisions and interpretations of the Board and where applicable, the Committee, upon any questions arising under the Plan and this Stock Option Grant Agreement.