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), Non Incentive Share Option Agreement (Guilford Pharmaceuticals Inc), Non Qualified Stock Option Agreement (Primark Corp)

AutoNDA by SimpleDocs

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: Non Incentive Share Option Agreement (Colonial Properties Trust), Stock Option Agreement (Sunrise Senior Living Inc), Share Option Agreement (Guilford Pharmaceuticals Inc)

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)

AutoNDA by SimpleDocs

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: Incentive Stock Option Agreement (Central European Distribution Corp), Incentive Stock Option Agreement (Central European Distribution Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!