No Obligation to Exercise. The granting of the Option imposes no obligation upon the holder thereof to exercise the Option.
Appears in 6 contracts
Samples: Director Stock Option Agreement (BioDrain Medical, Inc.), Director Stock Option Agreement (BioDrain Medical, Inc.), Consultant Nonstatutory Option Agreement (Webvalley Inc)
No Obligation to Exercise. The granting of the Option imposes hereunder shall impose no obligation upon the holder thereof Optionee to exercise the OptionOption as to the shares or any portion thereof covered thereby.
Appears in 5 contracts
Samples: Directors’ Non Qualified Stock Option Agreement (Circle Bancorp), Stock Option Agreement (Bay Area Bancshares), Incentive Stock Option Agreement (Bay Area Bancshares)
No Obligation to Exercise. The granting of the Option imposes hereof shall impose no obligation upon the holder thereof Participant to exercise the such Option.
Appears in 3 contracts
Samples: Stock Option Award Agreement (Mesa Laboratories Inc /Co), Stock Option Award Agreement (Mesa Laboratories Inc /Co), Stock Option Award Agreement (Mesa Laboratories Inc /Co)
No Obligation to Exercise. The granting of the Option imposes hereof shall impose no obligation upon the holder thereof Optionee to exercise the such Option.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Karts International Inc), Non Qualified Stock Option Agreement (Karts International Inc)
No Obligation to Exercise. The granting of the Option imposes hereunder shall impose no obligation upon the holder thereof Employee to exercise the such Option.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Imclone Systems Inc/De), Non Qualified Stock Option Agreement (Imclone Systems Inc/De)
No Obligation to Exercise. The granting grant and acceptance of the Option this option imposes no obligation upon on the holder thereof Optionee to exercise the Optionit.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (EverQuote, Inc.), Non Qualified Stock Option Agreement (EverQuote, Inc.)
No Obligation to Exercise. The granting of the Incentive Option imposes hereof shall impose no obligation upon the holder thereof Employee to exercise the such Incentive Option.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Harvest Restaurant Group Inc)
No Obligation to Exercise. The granting of the an Option imposes shall impose no obligation upon the holder thereof Participant to exercise the such Option.
Appears in 1 contract
No Obligation to Exercise. The granting of the an Option imposes shall impose no obligation upon the holder thereof to exercise or otherwise realize the value of that Option.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Resource Bancshares Mortgage Group Inc)
No Obligation to Exercise. The granting of the an Option imposes shall impose no obligation upon the holder thereof optionee to exercise the such Option.
Appears in 1 contract
