Exercise by the Optionee. Only the Optionee receiving the Option (or, in the event of the Optionee’s legal incapacity or incompetency, the Optionee’s guardian or legal representative and in the case of the Optionee’s death, the Optionee’s estate) may exercise the Option.
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Samples: Non Qualified Stock Option Agreement (PharMerica CORP), Substitution Incentive Stock Option Agreement (PharMerica CORP), Qualified Stock Option Agreement (PharMerica CORP)
Exercise by the Optionee. Only the Optionee receiving the Option (or, in the event of the Optionee’s legal incapacity or incompetency, the Optionee’s guardian or legal representative and in the case of the Optionee’s death, the representative of the Optionee’s estate) may exercise the Option.
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