Manner of Exercise; Tax Withholding. (a) Unless determined otherwise by the Administrator, as a condition to the exercise of the Option, the Optionee shall concurrently with the exercise of the Option, execute the Stockholders Agreement, unless the Optionee has already executed the Stockholders Agreement. This Section 2.8(a) shall not apply if the Shares underlying the Option are registered on Form S-8 or otherwise. (b) To the extent permitted by law or the applicable listing rules, if any, the Optionee may pay for the Shares with respect to which such Option or portion of such Option is exercised through (i) payment in cash; (ii) the delivery of Shares which are owned by the Optionee, duly endorsed for transfer to the Company with a Fair Market Value on the date of delivery equal to the aggregate Exercise Price of the exercised portion of the Option; (iii) through the surrender of Shares then issuable upon exercise of the Option having a Fair Market Value on the date of the exercise of the Option equal to the aggregate Exercise Price of the exercised portion of the Option; or (iv) following the date the Shares are listed on a national securities exchange, the delivery of a notice that the Optionee has placed a market sell order with a broker with respect to Shares then-issuable upon exercise of the Option, and that the broker has been directed to pay a sufficient portion of the net proceeds of the sale to the Company in satisfaction of the aggregate Exercise Price; provided, that payment of such proceeds is then made to the Company upon settlement of such sale. (c) The Optionee shall make appropriate arrangements for the payment to the Company (or its Subsidiaries, as applicable) of all amounts which the Company (or its Subsidiary, as applicable) is required to withhold under applicable law in connection with the exercise of the Option. With the consent of the Administrator and subject to any applicable legal conditions or restrictions, the Company shall, upon the Optionee’s request, withhold from the Shares otherwise issuable to the Optionee upon the exercise of the Option (or any portion thereof) a number of whole Shares having a Fair Market Value, determined as of the date of exercise, not in excess of the minimum of tax required to be withheld by law (or such lower amount as may be necessary to avoid adverse accounting). Any adverse consequences to the Optionee arising in connection with the Share withholding procedure set forth in the preceding sentence shall be the sole responsibility of the Optionee.
Appears in 4 contracts
Samples: Employment Agreement (NBTY Florida, Inc.), Employment Agreement (NBTY Florida, Inc.), Employment Agreement (Nbty Inc)
Manner of Exercise; Tax Withholding. (a) Unless determined otherwise by the Administrator, as As a condition to the exercise of the Option, the Optionee shall concurrently (i) notify the Company at least three (3) days prior to exercise and no earlier than ninety (90) days prior to exercise that the Optionee intends to exercise and (ii) provide the Company with payment of the exercise Exercise Price of the Option, execute together with any Withholding Tax payment required by Section 3.9 below, which shall be payable to the Stockholders AgreementCompany in full as set forth in Section 2.10(b) or Section 2.10(c) below, unless the Optionee has already executed the Stockholders Agreement. This Section 2.8(a) shall not apply if the Shares underlying the Option are registered on Form S-8 or otherwiseas applicable.
(b) To the extent permitted by law or the applicable listing rules, if any, the Optionee may pay for the Shares with respect to which such Option or portion of such Option is exercised through (i) payment in cash; (ii) with the consent of the Administrator, the delivery of Shares which are owned by the Optionee, duly endorsed for transfer to the Company with a Fair Market Value on the date of delivery equal to the aggregate Exercise Price of the exercised portion of the Option; (iii) with the consent of the Administrator, through the surrender of Shares then issuable upon exercise of the Option having a Fair Market Value on the date of the exercise of the Option equal to the aggregate Exercise Price of the exercised portion of the Option; or (iv) following with the date consent of the Shares are listed on a national securities exchangeAdministrator, the delivery of a notice that the Optionee has placed a market sell order with a broker with respect to Shares then-issuable upon exercise of the Option, and that the broker has been directed to pay a sufficient portion of the net proceeds of the sale to the Company in satisfaction of the aggregate Exercise Price; provided, that payment of such proceeds is then made to the Company upon settlement of such sale. Notwithstanding the foregoing, the consent of the Administrator shall not be required with respect to clauses (iii) and (iv) of this Section 2.10(b) if the Optionee exercises such Option on or after the date of the Optionee’s Retirement.
(c) The As a condition to exercise, the Optionee shall must make appropriate arrangements for the payment to the Company (or its SubsidiariesSubsidiary, as applicable) in cash or by delivery of all amounts a certified or bank cashier check, or by any other means of payment approved by the Administrator, of the amount which the Company (or its Subsidiary, as applicable) is required to withhold under applicable law in connection with the exercise of the Option. With the consent of the Administrator and subject to any applicable legal conditions or restrictions, the Company shall, upon the Optionee’s request, withhold from the Shares otherwise issuable to the Optionee upon the exercise of the Option (or any portion thereof) a number of whole Shares having a Fair Market Value, determined as of the date of exercise, not in excess of the minimum of tax required to be withheld by law (or such lower amount as may be necessary to avoid adverse liability award accounting). Any adverse consequences to the Optionee arising in connection with the Share withholding procedure set forth in the preceding sentence shall be the sole responsibility of the Optionee.
Appears in 2 contracts
Samples: Stock Option Agreement (Booz Allen Hamilton Holding Corp), Stock Option Agreement (Booz Allen Hamilton Holding Corp)
Manner of Exercise; Tax Withholding. (a) Unless determined otherwise by the Administrator, as As a condition to the exercise of the Option, the Optionee shall concurrently (i) notify the Company at least three (3) days prior to exercise and no earlier than ninety (90) days prior to exercise that the Optionee intends to exercise and (ii) provide the Company with payment of the exercise Exercise Price of the Option, execute together with any Withholding Tax payment required by Section 3.8 below, which shall be payable to the Stockholders AgreementCompany in full as set forth in Section 2.8(b) or Section 2.8(c) below, unless the Optionee has already executed the Stockholders Agreement. This Section 2.8(a) shall not apply if the Shares underlying the Option are registered on Form S-8 or otherwiseas applicable.
(b) To the extent permitted by law or the applicable listing rules, if any, the Optionee may pay for the Shares with respect to which such Option or portion of such Option is exercised through (i) payment in cash; (ii) with the consent of the Administrator, the delivery of Shares which are owned by the Optionee, duly endorsed for transfer to the Company with a Fair Market Value on the date of delivery equal to the aggregate Exercise Price of the exercised portion of the Option; (iii) with the consent of the Administrator, through the surrender of Shares then issuable upon exercise of the Option having a Fair Market Value on the date of the exercise of the Option equal to the aggregate Exercise Price of the exercised portion of the Option; or (iv) following with the date consent of the Shares are listed on a national securities exchangeAdministrator, the delivery of a notice that the Optionee has placed a market sell order with a broker with respect to Shares then-issuable upon exercise of the Option, and that the broker has been directed to pay a sufficient portion of the net proceeds of the sale to the Company in satisfaction of the aggregate Exercise Price; provided, that payment of such proceeds is then made to the Company upon settlement of such sale. Notwithstanding the foregoing, the consent of the Administrator shall not be required with respect to clauses (iii) and (iv) of this Section 2.8(b) if the Optionee exercises such Option on or after the date of the Optionee’s Retirement.
(c) The As a condition to exercise, the Optionee shall must make appropriate arrangements for the payment to the Company (or its SubsidiariesSubsidiary, as applicable) in cash or by delivery of all amounts a certified or bank cashier check, or by any other means of payment approved by the Administrator, of the amount which the Company (or its Subsidiary, as applicable) is required to withhold under applicable law in connection with the exercise of the Option. With the consent of the Administrator and subject to any applicable legal conditions or restrictions, the Company shall, upon the Optionee’s request, withhold from the Shares otherwise issuable to the Optionee upon the exercise of the Option (or any portion thereof) a number of whole Shares having a Fair Market Value, determined as of the date of exercise, not in excess of the minimum of tax required to be withheld by law (or such lower amount as may be necessary to avoid adverse liability award accounting). Any adverse consequences to the Optionee arising in connection with the Share withholding procedure set forth in the preceding sentence shall be the sole responsibility of the Optionee.
Appears in 2 contracts
Samples: Stock Option Agreement (Booz Allen Hamilton Holding Corp), Stock Option Agreement (Booz Allen Hamilton Holding Corp)
Manner of Exercise; Tax Withholding. (a) Unless determined otherwise by the Administrator, as a condition to the exercise of the New Option, the Optionee shall (i) notify the Company at least fifteen (15) days prior to exercise that the Optionee intends to exercise, (ii) concurrently with the exercise of the New Option, execute the Stockholders Agreement, unless the Optionee has already executed the Stockholders Agreement. This , (iii) provide the Company with payment of the Exercise Price of the New Option, together with any required Withholding Taxes, which shall be payable to the Company in full as set forth in Section 2.8(a2.5(b) shall not apply if or Section 2.5(c) below, as applicable, and (iv) deliver to the Shares underlying Company the Option are registered on Form S-8 Company Special Voting Stock required to be sold in connection with such exercise duly endorsed in blank or otherwiseaccompanied by duly executed stock powers.
(b) To the extent permitted by law or the applicable listing rules, if any, the Optionee may pay for the Shares with respect to which such New Option or portion of such New Option is exercised through (i) payment in cash; (ii) with the consent of the Administrator, the delivery of Shares which are owned by the Optionee, duly endorsed for transfer to the Company with a Fair Market Value on the date of delivery equal to the aggregate Exercise Price of the exercised portion of the New Option; (iii) with the consent of the Administrator, through the surrender of Shares then issuable upon exercise of the New Option having a Fair Market Value on the date of the exercise of the New Option equal to the aggregate Exercise Price of the exercised portion of the New Option; or (iv) following with the date consent of the Shares are listed on a national securities exchangeAdministrator, the delivery of a notice that the Optionee has placed a market sell order with a broker with respect to Shares then-issuable upon exercise of the New Option, and that the broker has been directed to pay a sufficient portion of the net proceeds of the sale to the Company in satisfaction of the aggregate Exercise Price; provided, that payment of such proceeds is then made to the Company upon settlement of such sale.
(c) The As a condition to exercise, the Optionee shall must make appropriate arrangements for the payment to the Company (or its SubsidiariesSubsidiary, as applicable) in cash or by delivery of all amounts a certified or bank cashier check, or by any other means of payment approved by the Administrator, of the amount which the Company (or its Subsidiary, as applicable) is required to withhold under applicable law in connection with the exercise of the New Option. With the consent of the Administrator and subject to any applicable legal conditions or restrictions, the Company shall, upon the Optionee’s request, withhold from the Shares otherwise issuable to the Optionee upon the exercise of the Option (or any portion thereof) a number of whole Shares having a Fair Market Value, determined as of the date of exercise, not in excess of the minimum of tax required to be withheld by law (or such lower amount as may be necessary to avoid adverse accounting). Any adverse consequences to the Optionee arising in connection with the Share withholding procedure set forth in the preceding sentence shall be the sole responsibility of the Optionee.
Appears in 1 contract
Samples: Rollover Stock Option Agreement (Booz Allen Hamilton Holding Corp)
Manner of Exercise; Tax Withholding. (a) Unless determined otherwise by the Administrator, as a condition to the exercise of the Option, the Optionee shall (i) notify the Company at least thirty (30) days prior to exercise and no earlier than ninety days prior to exercise that the Optionee intends to exercise, and (ii) concurrently with the exercise of the Option, execute the Stockholders Agreement, unless the Optionee has already executed the Stockholders Agreement. This Section 2.8(a2.10(a) shall not apply if the Shares underlying the Option are registered on Form S-8 or otherwiseS-8.
(b) To the extent permitted by law or the applicable listing rules, if any, the Optionee may pay for the Shares with respect to which such Option or portion of such Option is exercised through (i) payment in cash; (ii) with the consent of the Administrator, the delivery of Shares which are owned by the Optionee, duly endorsed for transfer to the Company with a Fair Market Value on the date of delivery equal to the aggregate Exercise Price of the exercised portion of the Option; (iii) with the consent of the Administrator, through the surrender of Shares then issuable upon exercise of the Option having a Fair Market Value on the date of the exercise of the Option equal to the aggregate Exercise Price of the exercised portion of the Option; or (iv) following with the date consent of the Shares are listed on a national securities exchangeAdministrator, the delivery of a notice that the Optionee has placed a market sell order with a broker with respect to Shares then-then issuable upon exercise of the Option, and that the broker has been directed to pay a sufficient portion of the net proceeds of the sale to the Company in satisfaction of the aggregate Exercise Price; provided, that payment of such proceeds is then made to the Company upon settlement of such sale.
(c) The Optionee shall make appropriate arrangements for the payment to the Company (or its SubsidiariesSubsidiary, as applicable) of all amounts which the Company (or its Subsidiary, as applicable) is required to withhold under applicable law in connection with the exercise of the Option. With the consent of the Administrator and subject to any applicable legal conditions or restrictions, the Company shall, upon the Optionee’s request, withhold from the Shares otherwise issuable to the Optionee upon the exercise of the Option (or any portion thereof) thereof a number of whole Shares having a Fair Market Value, determined as of the date of exercise, not in excess of the minimum of tax required to be withheld by law (or such lower amount as may be necessary to avoid adverse variable award accounting). Any adverse consequences to the Optionee arising in connection with the Share withholding procedure set forth in the preceding sentence shall be the sole responsibility of the Optionee.
Appears in 1 contract
Samples: Stock Option Agreement (Wesco Aircraft Holdings, Inc)
Manner of Exercise; Tax Withholding. (a) Unless determined otherwise by the Administrator, as a condition to the exercise of the Option, the Optionee shall (i) notify the Company at least thirty (30) days prior to exercise and no earlier than ninety days prior to exercise that the Optionee intends to exercise, and (ii) concurrently with the exercise of the Option, execute the Stockholders Agreement, unless the Optionee has already executed the Stockholders Agreement. This Section 2.8(a) shall not apply if the Shares underlying the Option are registered on Form S-8 or otherwiseS-8.
(b) To the extent permitted by law or the applicable listing rules, if any, the Optionee may pay for the Shares with respect to which such Option or portion of such Option is exercised through (i) payment in cash; (ii) with the consent of the Administrator, the delivery of Shares which are owned by the Optionee, duly endorsed for transfer to the Company with a Fair Market Value on the date of delivery equal to the aggregate Exercise Price of the exercised portion of the Option; (iii) with the consent of the Administrator, through the surrender of Shares then issuable upon exercise of the Option having a Fair Market Value on the date of the exercise of the Option equal to the aggregate Exercise Price of the exercised portion of the Option; or (iv) following with the date consent of the Shares are listed on a national securities exchangeAdministrator, the delivery of a notice that the Optionee has placed a market sell order with a broker with respect to Shares then-then issuable upon exercise of the Option, and that the broker has been directed to pay a sufficient portion of the net proceeds of the sale to the Company in satisfaction of the aggregate Exercise Price; provided, that payment of such proceeds is then made to the Company upon settlement of such sale.
(c) The Optionee shall make appropriate arrangements for the payment to the Company (or its SubsidiariesSubsidiary, as applicable) of all amounts which the Company (or its Subsidiary, as applicable) is required to withhold under applicable law in connection with the exercise of the Option. With the consent of the Administrator and subject to any applicable legal conditions or restrictions, the Company shall, upon the Optionee’s request, withhold from the Shares otherwise issuable to the Optionee upon the exercise of the Option (or any portion thereof) thereof a number of whole Shares having a Fair Market Value, determined as of the date of exercise, not in excess of the minimum of tax required to be withheld by law (or such lower amount as may be necessary to avoid adverse variable award accounting). Any adverse consequences to the Optionee arising in connection with the Share withholding procedure set forth in the preceding sentence shall be the sole responsibility of the Optionee.
Appears in 1 contract
Samples: Stock Option Agreement (Wesco Aircraft Holdings, Inc)
Manner of Exercise; Tax Withholding. (a) Unless determined otherwise by the Administrator, as a condition to the exercise of the Option, the Optionee shall concurrently with notify the Company at least fifteen (15) days prior to exercise of the Option, execute the Stockholders Agreement, unless and no earlier than ninety (90) days prior to exercise that the Optionee has already executed the Stockholders Agreement. This Section 2.8(a) shall not apply if the Shares underlying the Option are registered on Form S-8 or otherwiseintends to exercise.
(b) To the extent permitted by law or the applicable listing rules, if any, the Optionee may pay for the Common Shares with respect to which such Option or portion of such Option is exercised through (i) payment in cash; (ii) with the consent of the Administrator, the delivery of Common Shares which are owned by the Optionee, duly endorsed for transfer to the Company with a Fair Market Value on the date of delivery equal to the aggregate Exercise Price of the exercised portion of the Option; (iii) with the consent of the Administrator, through the surrender of Common Shares then issuable upon exercise of the Option having a Fair Market Value on the date of the exercise of the Option equal to the aggregate Exercise Price of the exercised portion of the Option; or (iv) following with the date consent of the Shares are listed on a national securities exchangeAdministrator, the delivery of a notice that the Optionee has placed a market sell order with a broker with respect to Common Shares then-then issuable upon exercise of the Option, and that the broker has been directed to pay a sufficient portion of the net proceeds of the sale to the Company in satisfaction of the aggregate Exercise Price; provided, that payment of such proceeds is then made to the Company upon settlement of such sale. In lieu of exercising vested Options in accordance with the terms of this Section 2.7(b), the Optionee may exercise his or her cash surrender right in accordance with Section 5.7 of the Plan.
(c) The Optionee shall make appropriate arrangements for the payment to the Company (or any of its Subsidiaries, as applicable) of all amounts which the Company (or any of its SubsidiarySubsidiaries, as applicable) is required to withhold under applicable law in connection with the exercise of the Option. With the consent of the Administrator and subject to any applicable legal conditions or restrictionsThe Company may, the Company shall, upon the Optionee’s requestin its discretion, withhold from the Common Shares otherwise issuable to the Optionee upon the exercise of the Option (or any portion thereof) a number of whole Common Shares having a Fair Market Value, determined as of the date of exercise, not in excess of the minimum of tax required to be withheld by law (or such lower amount as may be necessary to avoid adverse accounting). Any adverse consequences to the Optionee arising in connection with the Common Share withholding procedure set forth in the preceding sentence shall be the sole responsibility of the Optionee.
Appears in 1 contract
Samples: Stock Option Agreement (Johnstone Tank Trucking Ltd.)
Manner of Exercise; Tax Withholding. (a) Unless determined otherwise by the Administrator, as a condition to the exercise of the Option, the Optionee shall (i) notify the Company at least thirty (30) days prior to exercise and no earlier than ninety days prior to exercise that the Optionee intends to exercise, and (ii) concurrently with the exercise of the Option, execute the Stockholders Agreement, unless the Optionee has already executed the Stockholders Agreement. This Section 2.8(a2.9(a) shall not apply if the Shares underlying the Option are registered on Form S-8 or otherwiseS-8.
(b) To the extent permitted by law or the applicable listing rules, if any, the Optionee may pay for the Shares with respect to which such Option or portion of such Option is exercised through (i) payment in cash; (ii) with the consent of the Administrator, the delivery of Shares which are owned by the Optionee, duly endorsed for transfer to the Company with a Fair Market Value on the date of delivery equal to the aggregate Exercise Price of the exercised portion of the Option; (iii) with the consent of the Administrator, through the surrender of Shares then issuable upon exercise of the Option having a Fair Market Value on the date of the exercise of the Option equal to the aggregate Exercise Price of the exercised portion of the Option; or (iv) following with the date consent of the Shares are listed on a national securities exchangeAdministrator, the delivery of a notice that the Optionee has placed a market sell order with a broker with respect to Shares then-then issuable upon exercise of the Option, and that the broker has been directed to pay a sufficient portion of the net proceeds of the sale to the Company in satisfaction of the aggregate Exercise Price; provided, that payment of such proceeds is then made to the Company upon settlement of such sale.
(c) The Optionee shall make appropriate arrangements for the payment to the Company (or its SubsidiariesSubsidiary, as applicable) of all amounts which the Company (or its Subsidiary, as applicable) is required to withhold under applicable law in connection with the exercise of the Option. With the consent of the Administrator and subject to any applicable legal conditions or restrictions, the Company shall, upon the Optionee’s request, withhold from the Shares otherwise issuable to the Optionee upon the exercise of the Option (or any portion thereof) thereof a number of whole Shares having a Fair Market Value, determined as of the date of exercise, not in excess of the minimum of tax required to be withheld by law (or such lower amount as may be necessary to avoid adverse variable award accounting). Any adverse consequences to the Optionee arising in connection with the Share share withholding procedure set forth in the preceding sentence shall be the sole responsibility of the Optionee.
Appears in 1 contract
Samples: Stock Option Agreement (Allison Transmission Holdings Inc)
Manner of Exercise; Tax Withholding. (a) Unless determined otherwise by the Administrator, as a condition to the exercise of the Option, the Optionee shall (i) notify the Company at least thirty (30) days prior to exercise and no earlier than ninety (90) days prior to exercise that the Optionee intends to exercise, and (ii) concurrently with the exercise of the Option, execute the Stockholders Agreement, unless the Optionee has already executed the Stockholders Agreement. This Section 2.8(a2.9(a) shall not apply if the Shares underlying the Option are registered on Form S-8 or otherwiseS-8.
(b) To the extent permitted by law or the applicable listing rules, if any, the Optionee may pay for the Shares with respect to which such Option or portion of such Option is exercised through (i) payment in cash; (ii) with the consent of the Administrator, the delivery of Shares which are owned by the Optionee, duly endorsed for transfer to the Company with a Fair Market Value on the date of delivery equal to the aggregate Exercise Price of the exercised portion of the Option; (iii) with the consent of the Administrator, through the surrender of Shares then issuable upon exercise of the Option having a Fair Market Value on the date of the exercise of the Option equal to the aggregate Exercise Price of the exercised portion of the Option; or (iv) following with the date consent of the Shares are listed on a national securities exchangeAdministrator, the delivery of a notice that the Optionee has placed a market sell order with a broker with respect to Shares then-then issuable upon exercise of the Option, and that the broker has been directed to pay a sufficient portion of the net proceeds of the sale to the Company in satisfaction of the aggregate Exercise Price; provided, that payment of such proceeds is then made to the Company upon settlement of such sale.
(c) The Optionee shall make appropriate arrangements for the payment to the Company (or its SubsidiariesSubsidiary, as applicable) of all amounts which the Company (or its Subsidiary, as applicable) is required to withhold under applicable law in connection with the exercise of the Option. With the consent of the Administrator and subject to any applicable legal conditions or restrictions, the Company shall, upon the Optionee’s request, withhold from the Shares otherwise issuable to the Optionee upon the exercise of the Option (or any portion thereof) thereof a number of whole Shares having a Fair Market Value, determined as of the date of exercise, not in excess of the minimum of tax required to be withheld by law (or such lower amount as may be necessary to avoid adverse variable award accounting). Any adverse consequences to the Optionee arising in connection with the Share share withholding procedure set forth in the preceding sentence shall be the sole responsibility of the Optionee.
Appears in 1 contract
Samples: Stock Option Agreement (Allison Transmission Holdings Inc)
Manner of Exercise; Tax Withholding. (a) Unless determined otherwise by the Administrator, as a condition to the exercise of the Option, the Optionee shall concurrently with the exercise of the Option, execute the Stockholders Agreement, unless the Optionee has already executed the Stockholders Agreement. This Section 2.8(a) shall not apply if the Shares underlying the Option are registered on Form S-8 or otherwise.
(b) To the extent permitted by law or the applicable listing rules, if any, the Optionee may pay for the Shares with respect to which such Option or portion of such Option is exercised through (i) payment in cash; (ii) the delivery of Shares which are owned by the Optionee, duly endorsed for transfer to the Company with a Fair Market Value on the date of delivery equal to the aggregate Exercise Price of the exercised portion of the Option; (iii) through the surrender of Shares then issuable upon exercise of the Option having a Fair Market Value on the date of the exercise of the Option equal to the aggregate Exercise Price of the exercised portion of the Option; or (iv) following the date the Shares are listed on a national securities exchange, the delivery of a notice that the Optionee has placed a market sell order with a broker with respect to Shares then-issuable upon exercise of the Option, and that the broker has been directed to pay a sufficient portion of the net proceeds of the sale to the Company in satisfaction of the aggregate Exercise Price; provided, that payment of such proceeds is then made to the Company upon settlement of such sale.
(c) The Optionee shall make appropriate arrangements for the payment to the Company (or its SubsidiariesSubsidiary, as applicable) of all amounts which the Company (or its Subsidiary, as applicable) is required to withhold under applicable law in connection with the exercise of the Option. With the consent of the Administrator and subject to any applicable legal conditions or restrictions, the Company shall, upon the Optionee’s request, withhold from the Shares otherwise issuable to the Optionee upon the exercise of the Option (or any portion thereof) a number of whole Shares having a Fair Market Value, determined as of the date of exercise, not in excess of the minimum of tax required to be withheld by law (or such lower amount as may be necessary to avoid adverse accounting). Any adverse consequences to the Optionee arising in connection with the Share withholding procedure set forth in the preceding sentence shall be the sole responsibility of the Optionee.
Appears in 1 contract
Samples: Stock Option Agreement (Solgar)