Common use of Buyout Provisions Clause in Contracts

Buyout Provisions. The Administrator may at any time offer to buy out for a payment in cash or Shares a SAR previously granted based on such terms and conditions as the Administrator shall establish and communicate to the Participant at the time that such offer is made.

Appears in 5 contracts

Samples: 2007 Stock Option Plan (Simulations Plus Inc), Amended And (Akorn Inc), Akorn Inc

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Buyout Provisions. The Administrator may at any time offer to buy out for a payment in cash or Shares a SAR previously granted based on such terms and conditions as the Administrator shall establish and communicate to the Participant at the time that such offer is made.. Amended and Restated Akorn , Inc. 2003 Stock Option Plan

Appears in 1 contract

Samples: Akorn Inc

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