No Disclosure Obligation. The Grantee acknowledges and agrees that neither the Company nor any of its shareholders, board members and officers, has any duty or obligation to disclose to the Grantee any material information regarding the business of the Company or affecting the value of the Shares before or at the time of a Grantee's Termination of Service, including, without limitation, any information concerning plans for the Company to make a public offering of its securities or to be acquired by or merged with or into another firm or entity.
Appears in 4 contracts
Samples: Non Qualified Stock Option Award Agreement (Illuminet Holdings Inc), Stock Option Award Agreement (Illuminet Holdings Inc), Non Qualified Stock Option Agreement (Illuminet Holdings Inc)
No Disclosure Obligation. The Grantee acknowledges and agrees that neither the Company nor any of its shareholders, board Board members and officers, or officers has any duty or obligation to disclose to the Grantee any material information regarding the business of the Company or affecting the value of the Shares before or at the time of a Grantee's Termination of Service, including, without limitation, any information concerning plans for the Company to make a public offering of its securities or to be acquired by or merged with or into another firm or entity.
Appears in 2 contracts
Samples: Non Qualified Stock Option Award Agreement (Barton Timothy A), Stock Option Award Agreement (Ferdman David)
