Excess Shares. If the Shares covered by this Award Agreement exceed, as of the Grant Date, the number of Shares which may without stockholder approval be issued under the Plan, then the Option shall be void with respect to those excess Shares, unless stockholder approval of an amendment sufficiently increasing the number of Shares issuable under the Plan is obtained in accordance with the provisions of the Plan.
Appears in 3 contracts
Samples: Stock Option Grant Agreement (Silicon Laboratories Inc), Stock Option Grant Agreement (Silicon Laboratories Inc), Stock Option Agreement (Silicon Laboratories Inc)
Excess Shares. If the Option Shares covered by this Award Agreement exceed, as of the Grant Award Date, the number of Shares which may without stockholder approval be issued delivered under the Plan, then the Option this option shall be void with respect to those excess Shares, unless stockholder approval of an amendment sufficiently increasing the number of Shares issuable under the Plan is obtained in accordance with the provisions of the Plan.
Appears in 2 contracts
Samples: Stock Option Agreement (Discovery Laboratories Inc /De/), Stock Option Agreement (Discovery Laboratories Inc /De/)
Excess Shares. If the Option Shares covered by this Award Agreement exceed, as of the Grant Award Date, the number of Shares which may without stockholder approval be issued under the Plan, then the Option this option shall be void with respect to those excess Shares, unless stockholder approval of an amendment sufficiently increasing the number of Shares issuable under the Plan is obtained in accordance with the provisions of the Plan.
Appears in 1 contract
Samples: Stock Option Agreement (Discovery Laboratories Inc /De/)
