Common use of Employee Call Option Clause in Contracts

Employee Call Option. Xxxxxx Xxxxxxx shall obtain the prior written consent of the Optionee prior to the exercise by him of the Employee Call Option. Upon the receipt of such consent and the exercise of the Employee Call Option, Xxxxxx Xxxxxxx shall comply with the terms of this Agreement in respect of all First Option Shares registered in his name (including, for the avoidance of doubt, those transferred to him by the Employee Grantors).

Appears in 2 contracts

Samples: Put and Call Option Agreement, Put and Call Option Agreement (Surmodics Inc)

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Employee Call Option. Xxxxxx Xxxxxxx shall obtain the prior written consent of the Optionee prior to the exercise by him of the Employee Call Option. Upon the receipt of such consent and the exercise of the Employee Call Option, Xxxxxx Xx. Xxxxxxx shall comply with the terms of this Agreement in respect of all First Second Option Shares registered in his name (including, for the avoidance of doubt, those transferred to him by the Employee Grantors).

Appears in 2 contracts

Samples: Put and Call Option Agreement, Put and Call Option Agreement (Surmodics Inc)

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