Common use of Board Determinations Clause in Contracts

Board Determinations. In the event that any question or controversy shall arise with respect to the nature, scope or extent of any one or more rights conferred by the Option, or any provision of this Agreement, the good faith determination by the Board of the rights of the Optionee shall be conclusive, final and binding upon the Optionee and upon any other person who shall assert any right pursuant to this Option.

Appears in 48 contracts

Samples: Stock Option Agreement (Prime Acquisition Corp), Stock Option Agreement (Prime Acquisition Corp), Stock Option Agreement (Prime Acquisition Corp)

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Board Determinations. In the event that any question or controversy shall arise with respect to the nature, scope or extent of any one or more rights conferred by the Option, or any provision of this Agreement, the good faith determination by the Board of Directors of the Company of the rights of the Optionee shall be conclusive, final and binding upon the Optionee and upon any other person who shall assert any right pursuant to this Option.

Appears in 2 contracts

Samples: Stock Option Agreement (Energy Infrastructure Acquisition Corp.), Stock Option Agreement (Energy Infrastructure Acquisition Corp.)

Board Determinations. In the event that any question or controversy shall arise with respect to the nature, scope or extent of any one or more rights conferred by the Option, or any provision of this Agreement, the good faith determination by the Board of Directors (excluding Optionee, if applicable) of the Company of the rights of the Optionee shall be conclusive, final and binding upon the Optionee and upon any other person who shall assert any right pursuant to this Option.

Appears in 1 contract

Samples: Stock Option Agreement (Energy Infrastructure Acquisition Corp.)

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Board Determinations. In the event that any question or controversy shall arise with respect to the nature, scope or extent of any one or more rights conferred by the Option, or any provision of this Stock Option Agreement, the good faith determination by the Board of the rights of the Optionee shall be conclusive, final and binding upon the Optionee and upon any other person who shall assert any right pursuant to this Option.

Appears in 1 contract

Samples: Stock Option Agreement (A21 Inc)

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