Common use of No Obligation to Exercise Option Clause in Contracts

No Obligation to Exercise Option. The grant and acceptance of -------------------------------- this option imposes no obligation on the Employee to exercise it.

Appears in 2 contracts

Samples: Transwitch Corporation (Transwitch Corp /De), Incentive Stock Option Agreement (Excel Switching Corp)

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No Obligation to Exercise Option. The grant and acceptance of -------------------------------- this option the ------------------------------------ Option imposes no obligation on the Employee Optionee to exercise it.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Mathsoft Inc)

No Obligation to Exercise Option. The grant and acceptance of -------------------------------- this option Option imposes no obligation on the Employee Optionee to exercise it.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Astea International Inc)

No Obligation to Exercise Option. The grant and acceptance of -------------------------------- this option -------------------------------- imposes no obligation on the Employee to exercise it.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Cabletron Systems Inc)

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No Obligation to Exercise Option. The grant and acceptance of -------------------------------- this option Option imposes no obligation on the Employee to exercise it.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Astea International Inc)

No Obligation to Exercise Option. The grant and acceptance of this -------------------------------- this option Option imposes no obligation on the Employee to exercise it.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Astea International Inc)

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