Common use of No Obligation to Exercise Clause in Contracts

No Obligation to Exercise. The Optionee shall have no obligation to exercise any Option granted by this Agreement.

Appears in 5 contracts

Samples: Alliance Stock Option Agreement (Englobal Corp), Non Qualified Option Award Agreement (Eurobancshares Inc), Incentive Stock Option Award Agreement (Eurobancshares Inc)

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No Obligation to Exercise. The Optionee This Agreement shall have impose no obligation upon the Participant to exercise any Option granted by this Agreementthe Option.

Appears in 1 contract

Samples: Stock Option Grant Agreement (Sabre Corp)

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