Approval by Stockholders. This Option Agreement and the issuance of any shares under it are expressly subject to the approval of the Plan by the stockholders of the Corporation as provided for therein. The Option shall not in any event be exercisable in whole or in part prior to the date the Plan is approved by the stockholders of the Corporation as provided for therein.
Appears in 3 contracts
Sources: Non Incentive Stock Option Agreement (Vitas Healthcare Corp), Non Incentive Stock Option Agreement (Vitas Healthcare Corp), Stock Option Agreement (Vitas Healthcare Corp)