Common use of Option Subject to Acceptance of Agreement Clause in Contracts

Option Subject to Acceptance of Agreement. The Option shall be null and void unless Grantee shall accept this Agreement by executing it in the space provided therefor and returning an original execution copy of the Agreement to the Company (or electronically accepting this Agreement within the Grantee’s stock plan account with the Company’s stock plan administrator according to the procedures then in effect).

Appears in 4 contracts

Samples: Employment Agreement (Hill-Rom Holdings, Inc.), Non Qualified Stock Option Agreement (Hill-Rom Holdings, Inc.), Non Qualified Stock Option Agreement (Hill-Rom Holdings, Inc.)

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