Common use of No Obligation to Exercise Option Clause in Contracts

No Obligation to Exercise Option. 8. Nothing herein contained or done pursuant hereto shall obligate the Optionee to purchase and pay for any Optioned Shares except those Optioned Shares in respect of which the Optionee shall have exercised in the manner herein provided. Dilution

Appears in 4 contracts

Samples: Individual Stock Option Agreement, Individual Stock Option Agreement, Individual Stock Option Agreement

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No Obligation to Exercise Option. 86. Nothing herein contained or done pursuant hereto shall obligate the Optionee to purchase and pay for any Optioned Shares except those Optioned Shares in respect of which the Optionee shall have exercised in the manner herein provided. Dilution.

Appears in 1 contract

Samples: Producer Agreement

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No Obligation to Exercise Option. 85. Nothing herein contained or done pursuant hereto shall obligate the Optionee to purchase and pay for any Optioned Shares except those Optioned Shares in respect of which the Optionee shall have exercised in the manner herein provided. Dilution.

Appears in 1 contract

Samples: Stock Option Agreement

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