Common use of Option Subject to Plan and Stockholders’ Agreement Clause in Contracts

Option Subject to Plan and Stockholders’ Agreement. By entering into this Agreement the Participant agrees and acknowledges that the Participant has received and read a copy of the Plan and the Stockholders’ Agreement. The Options and the Shares received upon exercise of an Option are subject to the Plan and the Stockholders’ Agreement and as a condition of exercise of any Options, the Participant must join or agree to be bound by the Stockholders’ Agreement designated by the Committee. For the avoidance of doubt, the Option shall be subject to the adjustment and modification provisions of the Plan. The terms and provisions of the Plan and the Stockholders’ Agreement, as each may be amended from time to time are hereby incorporated by reference. In the event of a conflict between any term or provision contained herein and a term or provision of the Plan, the applicable terms and provisions of the Plan will govern and prevail. In the event of a conflict between any term or provision contained herein and a term or provision of the Stockholders’ Agreement, the applicable terms and provisions of the Stockholders’ Agreement will govern and prevail. In the event of a conflict between any applicable term or provision of the Plan and any term or provision of the Stockholders’ Agreement, the applicable terms and provisions of the Stockholders’ Agreement will govern and prevail.

Appears in 18 contracts

Samples: Nonqualified Stock Option Agreement (PF2 SpinCo, Inc.), Nonqualified Stock Option Agreement (PF2 SpinCo, Inc.), Nonqualified Stock Option Agreement (Change Healthcare Inc.)

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Option Subject to Plan and Stockholders’ Agreement. By entering into this Agreement the Participant agrees and acknowledges that the Participant has received and read a copy of the Plan and the Stockholders’ Agreement. The Company Options and the Shares received upon exercise of an a Company Option are subject to the Plan and the Stockholders’ Agreement and as a condition of exercise of any Company Options, the Participant must join or agree to be bound by the Stockholders’ Agreement designated by the Committee. For the avoidance of doubt, the Option Company Options shall be subject to the adjustment and modification provisions of the Plan. The terms and provisions of the Plan and the Stockholders’ Agreement, as each may be amended from time to time are hereby incorporated by reference. In the event of a conflict between any term or provision contained herein and a term or provision of the Plan, the applicable terms and provisions of the Plan will govern and prevail. In the event of a conflict between any term or provision contained herein and a term or provision of the Stockholders’ Agreement, the applicable terms and provisions of the Stockholders’ Agreement will govern and prevail. In the event of a conflict between any applicable term or provision of the Plan and any term or provision of the Stockholders’ Agreement, the applicable terms and provisions of the Stockholders’ Agreement will govern and prevail.

Appears in 9 contracts

Samples: Replacement Tranche Iii Nonqualified Stock Option Agreement (Change Healthcare Inc.), Replacement Tranche I Nonqualified Stock Option Agreement (Change Healthcare Inc.), Replacement Tranche Ii Nonqualified Stock Option Agreement (PF2 SpinCo, Inc.)

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Option Subject to Plan and Stockholders’ Agreement. By entering into this Agreement the Participant agrees and acknowledges that the Participant has received and read a copy of the Plan and the Stockholders’ Stockholders Agreement. By entering into this Agreement, the Participant acknowledges that the Participant has become a party to the Stockholders Agreement (or shall, as a condition to retaining this Award, promptly become a party to the Stockholders Agreement). The Options and the Shares received upon exercise of an Option are is subject to the Plan Plan, including but not limited to the provisions of Section 13 relating to “Cancellation and Recission of Awards”, and the Stockholders’ Agreement and as a condition of exercise of any Options, the Participant must join or agree to be bound by the Stockholders’ Agreement designated by the Committee. For the avoidance of doubt, the Option shall be subject to the adjustment and modification provisions of the PlanStockholders Agreement. The terms and provisions of the Plan and the Stockholders’ Agreement, Stockholders Agreement as each it may be amended from time to time are hereby incorporated herein by reference. In the event of a conflict between any term or provision contained herein and a term or provision of the PlanPlan or the Stockholders Agreement, the applicable terms and provisions of the Plan or the Stockholders Agreement, as applicable will govern and prevail. In the event of a conflict between any term or provision contained herein and a term or provision of the Stockholders’ Agreement, the applicable terms and provisions of the Stockholders’ Agreement will govern and prevail. In the event of a conflict between any applicable term or provision of the Plan and any term or provision of the Stockholders’ Stockholders Agreement, the applicable terms and provisions of the Stockholders’ Stockholders Agreement will govern and prevail.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Virgin America Inc.)

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