Common use of Method of Acceptance Clause in Contracts

Method of Acceptance. This Agreement is addressed to the Optionee in duplicate and shall not be effective until the Optionee executes the acceptance below and returns one copy to the Company, thereby acknowledging that the Optionee has read and agreed to all the terms and conditions of this Agreement and the Plan. The Optionee hereby acknowledges and agrees that the acceptance of the Option constitutes satisfaction in full of any and all pre-existing understandings or commitments between the Company and Optionee relating to Optionee’s right to acquire equity securities of the Company.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Ameristar Casinos Inc), Non Qualified Stock Option Agreement (Ameristar Casinos Inc)

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Method of Acceptance. This Agreement is addressed to the Optionee in duplicate and shall not be effective until the Optionee executes the acceptance below and returns one copy counterpart to the Company, thereby acknowledging that the Optionee he/she has read this Agreement and agreed agrees to all the terms and conditions of this Agreement and the Plan. The Optionee hereby acknowledges and agrees that the acceptance of the Option constitutes satisfaction in full of any and all pre-existing understandings or commitments between the Company and Optionee relating to Optionee’s right any obligation of the Company to Optionee to acquire equity securities of the CompanyCompany in connection with employment or otherwise.

Appears in 1 contract

Samples: Stock Option Agreement (Progressive Gaming International Corp)

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Method of Acceptance. This Agreement is addressed to the Optionee in duplicate and shall not be effective until the Optionee executes the acceptance below and returns one copy to the Company, thereby acknowledging that the Optionee he has read and agreed to all the terms and conditions of this Agreement and the Plan. The Optionee hereby acknowledges and agrees that the acceptance of the Option constitutes satisfaction in full of any and all pre-existing understandings or commitments between the Company and Optionee relating to Optionee’s right to acquire equity securities of the Company.

Appears in 1 contract

Samples: Stock Option Agreement (Progressive Gaming International Corp)

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