Common use of No Obligation to Purchase Clause in Contracts

No Obligation to Purchase. This is an option agreement only and nothing contained in this agreement or done pursuant to this agreement will obligate the Optionee to purchase and/or pay for any Optioned Shares except those Optioned Shares in respect of which the Optionee shall have exercised his Option in the manner provided.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Eveolution Ventures Inc), Indemnification & Liability (Mag Silver Corp), Incentive Stock Option Agreement (Mag Silver Corp)

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No Obligation to Purchase. This is an option agreement only and nothing contained in this agreement or done pursuant to this agreement will obligate the Optionee to purchase and/or pay for any Optioned Shares except those Optioned Shares in respect of which the Optionee shall have exercised his Option in the manner provided.. _

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Mag Silver Corp)

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