Common use of Counterparts; Effect of Recipient’s Signature Clause in Contracts

Counterparts; Effect of Recipient’s Signature. This Option Agreement may be executed in one or more counterparts, each of which shall be deemed an original, and all of which shall constitute one and the same agreement and shall become effective when one or more counterparts have been signed by each of the parties and delivered to the other party, it being understood that both parties need not sign the same counterpart. The provisions of this Option Agreement shall not be valid and in effect until such execution by both parties, which must occur within thirty days following the effective date of this Option Agreement. By the execution of this Option Agreement, Recipient signifies that Recipient has fully read, completely understands, and voluntarily agrees with this Option Agreement consisting of six (6) pages and knowingly and voluntarily accepts all of its terms and conditions.

Counterparts; Effect of Recipient’s Signature. This Option Agreement may be executed in one or more counterparts, each of which shall be deemed an original, and all of which shall constitute one and the same agreement and shall become effective when one or more counterparts have been signed by each of the parties and delivered to the other party, it being understood that both parties need not sign the same counterpart. The provisions of this Option Agreement shall not be valid and in effect until such execution by both parties, which must occur within thirty (30) days following the effective date of this Option Agreement. By the execution of this Option Agreement, Recipient signifies that Recipient has fully read, completely understands, and voluntarily agrees with this Option Agreement consisting of six (6) pages and knowingly and voluntarily accepts all of its terms and conditions.