Common use of Cashless Exercise of Options Clause in Contracts

Cashless Exercise of Options. The Company, through its Committee, shall not impose any unreasonable prohibitions on Executive exercising any options he has been awarded under the Company’s 2006 or 2012 Equity Incentive Plans through a cashless manner. Notwithstanding any provisions of this Agreement, the 2006 and 2012 Equity Incentive Plan documents shall govern Executive’s exercise of options.

Appears in 3 contracts

Samples: Employment Agreement (Cryo Cell International Inc), 2020 Employment Agreement (Cryo Cell International Inc), 2020 Employment Agreement (Cryo Cell International Inc)

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Cashless Exercise of Options. The Company, through its Committee, shall not impose any unreasonable prohibitions on Executive exercising any options he has been awarded under the Company’s 2006 2006, 2012, or 2012 2022 Equity Incentive Plans through a cashless manner. Notwithstanding any provisions of this Agreement, the 2006 2006, 2012 and 2012 2022 Equity Incentive Plan documents shall govern Executive’s exercise of options.

Appears in 2 contracts

Samples: Employment Agreement (Cryo Cell International Inc), Employment Agreement (Cryo Cell International Inc)

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