Common use of Conditional Grant Clause in Contracts

Conditional Grant. If the Participant is a resident of a community property state, this Option is granted upon the condition that, and the Option Shares shall be forfeited unless, each and any person who is a spouse of the Participant at any time on or after the Grant Date (including any person who becomes a spouse after the Grant Date) executes a Consent of Spouse form provided by the Committee, unless the Committee shall waive either such condition.

Appears in 4 contracts

Samples: Nonqualified] Stock Option Agreement (Advance America, Cash Advance Centers, Inc.), Non Qualified Stock Option Agreement (Divine Inc), Incentive Stock Option Agreement (Divine Interventures Inc)

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Conditional Grant. If the Participant is a resident of a community property state, this Option is granted upon the condition that, and the Option Shares shall be forfeited unless, each and any person who is a spouse of the Participant at any time on or after the Grant Date (including any person who becomes a spouse after the Grant Date) executes a Consent of Spouse form provided by the Committee, unless the Committee shall waive either such condition.. [SIGNATURE PAGE FOLLOWS]

Appears in 2 contracts

Samples: Restricted Stock Purchase Plan Non Qualified Stock Option Agreement (Divine Inc), 2001 Stock Incentive Plan Non Qualified Stock Option Agreement (Divine Inc)

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Conditional Grant. If the Participant Recipient is a resident of a community property state, this Option is granted upon the condition that, and the Option Shares shall be forfeited unless, each and any person who is a spouse of the Participant Recipient at any time on or after the Grant Date (including any person who becomes a spouse after the Grant Date) executes a Consent of Spouse form provided by the Committee, unless the Committee shall waive either such condition.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Advance America, Cash Advance Centers, Inc.)

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