Exchange for Other Denominations. The Option shall be exchangeable for new instruments of like tenor and date representing in the aggregate the right to exercise the Option in denominations designated by the Holder at the time of surrender.
Appears in 7 contracts
Samples: Nonqualified Stock Option Agreement (Vertex Pharmaceuticals Inc / Ma), Nonqualified Stock Option Agreement (Vertex Pharmaceuticals Inc / Ma), Nonqualified Stock Option Agreement (Vertex Pharmaceuticals Inc / Ma)