No Obligation to Exercise Options. The grant and acceptance of the Options imposes no obligation on the Optionee to exercise the Options.
Appears in 3 contracts
Samples: Executive Employment Agreement (Railamerica Inc /De), Separation Agreement (Railamerica Inc /De), Executive Employment Agreement (Railamerica Inc /De)
No Obligation to Exercise Options. The grant and acceptance granting of the Options imposes Option shall impose no obligation on upon the Optionee to exercise the OptionsOption.
Appears in 2 contracts
Samples: Loan Agreement (Chapeau Inc), Loan Agreement (Chapeau Inc)
No Obligation to Exercise Options. The grant and acceptance of the Options under this Option Agreement imposes no obligation on the Optionee to exercise the Options.
Appears in 1 contract
