Limitation of Action. The Director and the Company each acknowledges that every right of action accruing to him or it, as the case may be, and arising out of or in connection with this Agreement against the Company or a subsidiary thereof, on the one hand, or against the Director, on the other hand, will, irrespective of the place where an action may be brought, cease and be barred by the expiration of three years from the date of the act or omission in respect of which such right of action arises.
Appears in 17 contracts
Samples: Stock Option Agreement (Miltope Group Inc), Stock Option Agreement (Miltope Group Inc), Stock Option Agreement (Miltope Group Inc)
Limitation of Action. The Director Employee and the Company each acknowledges that every right of action accruing to him or it, as the case may be, and arising out of or in connection with this Agreement against the Company or a subsidiary thereofParent or Subsidiary, on the one hand, or against the DirectorEmployee, on the other hand, willshall, irrespective of the place where an action may be brought, cease and be barred by the expiration of three years from the date of the act or omission in respect of which such right of action arises.
Appears in 7 contracts
Samples: Non Qualified Stock Option Agreement (Icg Holdings Canada Co /Co/), Non Qualified Stock Option Agreement (Icg Holdings Canada Co /Co/), Incentive Stock Option Agreement (Leisure Travel Group Inc)
Limitation of Action. The Director Employee and the Company Corporation each acknowledges that every right of action accruing to him her or it, as the case may be, and arising out of or in connection with this Agreement against the Company Corporation or a subsidiary thereofParent or Subsidiary, on the one hand, or against the DirectorEmployee, on the other hand, willshall, irrespective of the place where an action may be brought, cease and be barred by the expiration of three years from the date of the act or omission in respect of which such right of action arises.
Appears in 3 contracts
Samples: Nonqualified Stock Option Agreement (Vitaminshoppe Com Inc), Nonqualified Stock Option Agreement (Vitaminshoppe Com Inc), Nonqualified Stock Option Agreement (Vitaminshoppe Com Inc)
Limitation of Action. The Director Executive and the Company each acknowledges -------------------- acknowledge that every right of action accruing to him or it, as the case may be, and arising out of or in connection with this Agreement against the Company or a subsidiary thereof, on the one hand, or against the DirectorExecutive, on the other hand, will, irrespective of the place where an action may be brought, cease and be barred by the expiration of three years from the date of the act or omission in respect of which such right of action arises.
Appears in 1 contract
Limitation of Action. The Director and the Company each acknowledges agrees that every right of action accruing to him or it, as the case may be, her and arising out of of, or in connection with with, this Agreement against the Company or a subsidiary thereof, on the one hand, or against the Director, on the other hand, Corporation will, irrespective of the place where an action may be brought, cease and be barred by the expiration of three years from the date of the act or omission in respect of which such right of action arises.
Appears in 1 contract
Samples: Non Employee Restricted Stock Agreement (Sona Mobile Holdings Corp)
Limitation of Action. The Director and the Company each acknowledges that every right of action accruing to him or it, as the case may be, and arising out of or in connection with this Agreement against the Company or a subsidiary thereofParent or Subsidiary, on the one hand, or against the Director, on the other hand, willshall, irrespective of the place where an action may be brought, cease and be barred by the expiration of three years from the date of the act or omission in respect of which such right of action arises.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Icg Communications Inc)
Limitation of Action. The Director and the Company each acknowledges that every right of action accruing to him or it, as the case may be, and arising out of or in connection with this Agreement against the Company or a subsidiary thereofCompany, on the one hand, or against the Director, on the other hand, willshall, irrespective of the place where an action may be brought, cease and be barred by the expiration of three years from the date of the act or omission in respect of which such right of action arises.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Commodore Environmental Services Inc /De/)
Limitation of Action. The Director Executive and the Company each acknowledges that every right of action accruing to him or it, as the case may be, and arising out of or in connection with this Agreement against the Company or a subsidiary an Affiliate thereof, on the one hand, or against the DirectorExecutive, on the other hand, will, irrespective of the place where an action may be brought, cease and be barred by the expiration of three years from the date of the act or omission in respect of which such right of action arises.
Appears in 1 contract
