CANCELLATION AND REISSUANCE. The Committee shall have the authority to provide for the cancellation of the Option and the reissuance of a replacement Option upon such terms as the Committee, in its sole discretion, deems appropriate, provided that such terms shall not adversely affect the Optionee in any material way.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Refac Technology Development Corp), Exhibit 99 (Refac Technology Development Corp), Employment Agreement (Iasis Healthcare Corp)
CANCELLATION AND REISSUANCE. The Committee shall have the authority to provide for the cancellation of the Option and the reissuance of a replacement Option upon such terms as the Committee, in its sole discretion, deems appropriate, provided that such terms shall not adversely affect the Optionee in any material way. Section 12.
Appears in 1 contract
Samples: Form of Stock Option Agreement Stock Option Agreement (Refac Technology Development Corp)
