Common use of Condition to Exercise Clause in Contracts

Condition to Exercise. As a condition of the Corporation's obligation to issue Stock upon exercise of this option, the Employee or other person entitled to exercise this option, if requested by the Corporation, shall concurrently with the exercise of this option execute an Agreement Not to Compete with the Corporation (in such form as adopted by the Corporation from time to time), which obligates the Employee to refrain from certain activities (if the person exercising the option has not already executed such an agreement).

Condition to Exercise. As a condition of the Corporation's --------------------- obligation to issue Stock upon exercise of this option, the Employee or other person entitled to exercise this optionoption must, if requested at the time of exercise, be subject to and bound by an agreement not to compete in favor of the Corporation, shall concurrently with either in an employment agreement or in a separate document reasonably acceptable to the exercise of this option execute an Agreement Not to Compete with the Corporation (in such form as adopted by the Corporation from time to time), which obligates the Employee to refrain from certain activities (if the person exercising the option has not already executed such an agreement)Corporation.

Condition to Exercise. As a condition of the Corporation's ’s obligation to issue Stock upon exercise of this option, the Employee or other person entitled to exercise this option, if requested by the Corporation, shall concurrently with the exercise of this option execute an Agreement Not to Compete with the Corporation (in such form as adopted by the Corporation from time to time), which obligates the Employee to refrain from certain activities (if the person exercising the option has not already executed such an agreement).