Common use of Cancellation of Verbal Options Clause in Contracts

Cancellation of Verbal Options. This contact cancels and supercedes any oral grant of options. The Employee agrees to waive rights to oral options and consents that this written contact represents and encompasses any verbal options that may have been granted to the Optionee.

Appears in 7 contracts

Samples: Incentive Stock Option Agreement (Unitrend Inc), Non Qualified Stock Option Agreement (Unitrend Inc), Incentive Stock Option Agreement (Unitrend Inc)

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