Common use of Obligation to Exercise Clause in Contracts

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

Appears in 45 contracts

Samples: Non Qualified Stock Option Agreement (On Semiconductor Corp), White Electronic Designs (White Electronic Designs Corp), 2001 Director Stock Plan Non Qualified Stock Option Agreement (White Electronic Designs Corp)

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

Appears in 10 contracts

Samples: Non Qualified Stock Option Agreement (CV Sciences, Inc.), Non Qualified Stock Option Agreement (CV Sciences, Inc.), Non Qualified Stock Option Agreement (CV Sciences, Inc.)

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

Appears in 6 contracts

Samples: Non Qualified Stock Option Agreement (Netguru Inc), Stock Option Plan Incentive Stock Option Agreement (SSP Solutions Inc), Non Qualified Stock Option Agreement (Netguru Inc)

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

Appears in 4 contracts

Samples: 2007 Stock Plan Non Qualified Stock Option Agreement (Abtech Holdings, Inc.), Stock Plan Incentive Stock Option Agreement (Abtech Holdings, Inc.), Stock Incentive Plan (On Semiconductor Corp)

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

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Temecula Valley Bancorp Inc), Option Agreement (Temecula Valley Bancorp Inc), Option Agreement (Temecula Valley Bancorp Inc)

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

Appears in 3 contracts

Samples: Incentive Option Award Agreement (Frozen Food Express Industries Inc), 1992 Incentive and Nonstatutory Stock Option Plan (Frozen Food Express Industries Inc), Incentive Option Award Agreement (Frozen Food Express Industries Inc)

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Obligation to Exercise. The Optionee shall have no obligation to exercise all or any option portion of the Option granted by this Agreement.

Appears in 2 contracts

Samples: Incentive Stock Option Plan Agreement (Temecula Valley Bancorp Inc), Incentive Stock Option Plan Agreement (Temecula Valley Bancorp Inc)

Obligation to Exercise. The Optionee shall have no obligation to exercise any option Take Ownership Grant granted by this Agreement.

Appears in 2 contracts

Samples: Take Ownership Grant Agreement (SCG Holding Corp), Ownership Grant Agreement (SCG Holding Corp)

Obligation to Exercise. The Optionee granting of the Option through this Agreement shall have impose no obligation upon you to exercise the same or any option granted by this Agreementpart thereof.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Trammell Crow Co)

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