Common use of An Option is subject to the Rules but may be renounced Clause in Contracts

An Option is subject to the Rules but may be renounced. An Option is granted incorporating and subject to the Rules. A Participant may renounce an Option, in whole or in part, within 30 days following the Date of Grant and, to the extent renounced, the Option will be treated as if it had never been granted.

Appears in 1 contract

Samples: Global Share Option Plan (Bt Group PLC)

AutoNDA by SimpleDocs

An Option is subject to the Rules but may be renounced. An Option is granted incorporating and subject to the Rules. A Participant may renounce an his Option, in whole or in part, within 30 days following the Date of Grant and, to the extent renounced, the Option will be treated as if it had never been granted.

Appears in 1 contract

Samples: Global Share Option Plan (Bt Group PLC)

An Option is subject to the Rules but may be renounced. An Option is granted incorporating and subject to the Rules. A Participant may renounce an his Option, in whole or in part, within 30 days following of the Date of Grant and, to the extent renounced, the Option will be treated as if it had never been granted.

Appears in 1 contract

Samples: Astrazeneca Share Option Plan (Astrazeneca PLC)

AutoNDA by SimpleDocs

An Option is subject to the Rules but may be renounced. An Option is granted incorporating and subject to the Rules. A Participant may renounce an Option, in whole or in part, within 30 days following of the Date of Grant and, to the extent renounced, the Option will be treated as if it had never been granted.

Appears in 1 contract

Samples: Astrazeneca Share Option Plan (Astrazeneca PLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!