Common use of Exercise by Optionee Clause in Contracts

Exercise by Optionee. During the lifetime of the Optionee, only the Optionee (or, in the event of the Optionee's legal incapacity or incompetency, the Optionee's guardian or legal representative) may exercise the Option.

Appears in 9 contracts

Samples: Stock Option Agreement (Informax Inc), Share Option Agreement (Guilford Pharmaceuticals Inc), Stock Option Agreement (Informax Inc)

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Exercise by Optionee. During the lifetime of the Optionee, only the Optionee (or, in the event of the Optionee's ’s legal incapacity or incompetency, the Optionee's ’s guardian or legal representative) may exercise the Option.

Appears in 4 contracts

Samples: Share Option Agreement (Guilford Pharmaceuticals Inc), Share Option Agreement (Colonial Properties Trust), Share Option Agreement (Colonial Properties Trust)

Exercise by Optionee. During the lifetime of the Optionee, only the Optionee (or, in the event of the Optionee's legal incapacity or incompetencyincompetence, the Optionee's guardian or legal representative) may exercise the Option.

Appears in 3 contracts

Samples: Stock Option Agreement (Informax Inc), Stock Option Agreement (Informax Inc), Stock Option Agreement (Informax Inc)

Exercise by Optionee. During the lifetime of the Optionee, only the Optionee (or, in the event of the Optionee's ’s legal incapacity or incompetencyof incompetence, the Optionee's ’s guardian or legal representative) may exercise the OptionOptions.

Appears in 2 contracts

Samples: Central European Distribution Corporation (Central European Distribution Corp), Central European Distribution Corporation (Central European Distribution Corp)

Exercise by Optionee. During the lifetime of the Optionee, only the Optionee (or, in the event of the Optionee's ’s legal incapacity or incompetency, the Optionee's ’s guardian or legal representative) or a person or entity to whom the Optionee has transferred the Option in accordance with Section 5 hereof may exercise the Option.

Appears in 1 contract

Samples: 2003 Stock Option and Incentive Plan Stock Option Agreement (Ps Business Parks Inc/Ca)

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Exercise by Optionee. During the lifetime of the Optionee, only the -------------------- Optionee (or, in the event of the Optionee's legal incapacity or incompetencyincompetence, the Optionee's guardian or legal representative) or a permitted transferee of the Optionee may exercise the Option.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (E Trade Group Inc)

Exercise by Optionee. During the lifetime of the Optionee, only the Optionee (or, in the event of the Optionee's ’s legal incapacity or incompetency, the Optionee's ’s guardian or legal representative) or a person or entity to whom the Optionee has transferred the Option in accordance with Section 6 hereof may exercise the Option.

Appears in 1 contract

Samples: Non Qualified Share Option Agreement (Ps Business Parks Inc/Ca)

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