Exchange Provisions. The Committee may at any time offer to exchange or buy out the Option for a payment in cash, Shares, other options or other property based on such terms and conditions as the Committee shall determine and communicate to the Optionee in writing at the time that such offer is made.
Appears in 6 contracts
Samples: Non Qualified Stock Option Agreement (Guardian International Inc), Non Qualified Stock Option Agreement (Guardian International Inc), Stock Option Agreement (Guardian International Inc)
