Condition to Acceptance; Exercise. If, at the time of exercise of all or any portion of the Option, the Board or Committee determines that it is desirable to require the Optionee to enter into the Company’s Stockholders Agreement, it shall be a condition to the exercise of the Option that the Optionee join such Stockholders Agreement by executing a joinder agreement in the form provided by the Company. (1) Vesting schedule to be customized.
Appears in 4 contracts
Samples: Stock Option Agreement (McLeodUSA Holdings Inc), Stock Option Agreement (PAETEC Holding Corp.), Stock Option Agreement (PAETEC Holding Corp.)
Condition to Acceptance; Exercise. If, at the time of exercise of all or any portion of the Option, the Board or Committee determines that it is desirable to require the Optionee to enter into the Company’s Stockholders Agreement, it shall be a condition to the exercise of the Option that the Optionee join such Stockholders Agreement by executing a joinder agreement in the form provided by the Company.
(1) Vesting schedule to be customized.
Appears in 2 contracts
Samples: Stock Option Agreement (McLeodUSA Holdings Inc), Stock Option Agreement (McLeodusa Inc)
Condition to Acceptance; Exercise. If, at the time of exercise of all or any portion of the Option, the Board or Committee determines that it is desirable to require the Optionee to enter into the Company’s Stockholders Agreement, it shall be a condition to the exercise of the Option that the Optionee join such Stockholders Agreement by executing a joinder agreement in the form provided by the Company.
(1) Vesting schedule to be customized.. Grant Agreement-Board Members, VP non-ESSP as of February 27, 2007
Appears in 2 contracts
Samples: Stock Option Agreement (McLeodusa Inc), Stock Option Agreement (McLeodUSA Holdings Inc)
