Applicable Law or Company Policy; Company Protective Provisions. The Stock Option shall also be subject to forfeiture to the extent required by applicable law or Company policy. As a condition to receipt of the Stock Option granted hereunder, Optionee acknowledges having read and understood the Company protective provisions attached as Exhibit B, and agrees to be bound by such provisions, and in the event of violation of any of such protective provisions, to forfeit to the Company the Stock Option and/or return to the Company any Stock (or net proceeds thereof, if sold) resulting from exercise of the Option.
Appears in 4 contracts
Samples: Incentive Stock Option Agreement (iBio, Inc.), Non Qualified Stock Option Agreement (iBio, Inc.), Incentive Stock Option Agreement (iBio, Inc.)
