Common use of Optionee Clause in Contracts

Optionee. Whenever the word "Optionee" is used in any provision of this Agreement under circumstances where the provision should logically be construed to apply to the executors, the administrators, or the person or persons to whom the Options may be transferred by will or by the laws of descent and distribution, the word "Optionee" shall be deemed to include such person or persons.

Appears in 7 contracts

Samples: Incentive Stock Option Agreement (Pioneer Companies Inc), Non Qualified Stock Option Agreement (Pci Carolina Inc), Non Qualified Stock Option Agreement (Pioneer Companies Inc)

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Optionee. Whenever the word "Optionee" is used in any provision of this Agreement Option under circumstances where the provision should logically be construed to apply to the executorsestate, the administrators, personal representative or the person or persons beneficiary to whom the Options this Option may be transferred by will or by the laws of descent and distribution, the word "Optionee" shall be deemed to include such person or personsperson.

Appears in 3 contracts

Samples: Employment Agreement (Ic Isaacs & Co Inc), Nonstatutory Stock Option Grant Agreement (Ic Isaacs & Co Inc), Nonstatutory Stock Option Grant Agreement (Ic Isaacs & Co Inc)

Optionee. Whenever the word "Optionee" is used in any provision of this Agreement under circumstances where the provision should logically be construed construed, as determined by the Administrator, to apply to the executorsestate, the administrators, personal representative or the person or persons beneficiary to whom the Options this Option may be transferred by will or by the laws of descent and distribution, the word "Optionee" shall ” will be deemed to include such person or personsperson.

Appears in 3 contracts

Samples: Nonstatutory Stock Option Grant Agreement (Visual Networks Inc), Nonstatutory Stock Option Grant Agreement (Visual Networks Inc), Nonstatutory Stock Option Grant Agreement (Visual Networks Inc)

Optionee. Whenever the word "Optionee" is used in any provision of this Agreement under circumstances where the provision should logically be construed to apply to the executors, the administrators, or the person or persons to whom the Options may be transferred by will or by the laws of descent and distributiondistribution or Permitted Transferees (as defined below in Section 8 hereof), the word "Optionee" shall be deemed to include such person or persons.

Appears in 3 contracts

Samples: Performance Accelerated Stock Options Agreement (Orthofix International N V), Performance Accelerated Stock Options Agreement (Orthofix International N V), Performance Accelerated Stock Options Agreement (Orthofix International N V)

Optionee. Whenever the word "Optionee" is used in any provision of this Agreement under circumstances where the provision should logically be construed to apply to the executorsestate, the administrators, personal representative or the person or persons beneficiary to whom the Options Option may be transferred by will or by the laws of descent and distribution, the word "Optionee" shall be deemed to include such person or personsperson.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Grant Agreement, Nonstatutory Stock Option Grant Agreement (Ic Isaacs & Co Inc)

Optionee. Whenever the word "Optionee" is used in any provision of this Agreement under circumstances where the provision should logically be construed construed, as determined by the Administrator, to apply to the executorsestate, the administratorspersonal representative, or the person or persons beneficiary to whom the Options this Option may be transferred by will or by the laws of descent and distribution, the word "Optionee" shall be deemed to include such person or personsperson.

Appears in 2 contracts

Samples: Merger Agreement (Arkados Group, Inc.), Consultant Stock Option Grant Agreement (Cdknet Com Inc)

Optionee. Whenever the word "Optionee" is used in any provision of this Agreement under circumstances where the provision should logically be construed to apply to the beneficiaries, the executors, the administrators, or the person or persons to whom the Options may be transferred by will or by the laws of descent and distribution, the word "Optionee" shall be deemed to include such person or persons.

Appears in 2 contracts

Samples: Stock Option Agreement (Digital Lifestyles Group Inc), Stock Option Agreement (Northgate Innovations Inc)

Optionee. Whenever the word "Optionee" is used in any provision of this Agreement under circumstances where the provision should logically be construed to apply to the executors, the administrators, or the person or persons to whom the Options Option may be transferred by will or by the laws of descent and distribution, the word "Optionee" shall be deemed to include such person or persons.

Appears in 2 contracts

Samples: Performance Accelerated Stock Option Agreement (Orthofix International N V), Performance Accelerated Stock Option Agreement (Orthofix International N V)

Optionee. Whenever the word "Optionee" is used in any provision of this -------- Agreement under circumstances where the provision should logically be construed to apply to the executors, the administrators, administrators or the person or persons to whom the Options Option may be transferred by will or by the laws of descent and distribution, the word "Optionee" shall be deemed to include such person or persons.

Appears in 2 contracts

Samples: Stock Option Agreement (News Communications Inc), Stock Option Agreement (News Communications Inc)

Optionee. Whenever the word "Optionee" is used in any provision of this Agreement under circumstances where the provision should logically be construed to apply to the beneficiaries, the executors, the administrators, or the person or persons to whom the Options may be transferred by will or by the laws of descent and distribution, the word "Optionee" shall be deemed to include such person or persons.

Appears in 1 contract

Samples: Stock Option Agreement (Digital Lifestyles Group Inc)

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Optionee. Whenever the word "Optionee" is used in any provision of -------- this Agreement Option under circumstances where the provision should logically be construed to apply to the executorsestate, the administrators, personal representative or the person or persons beneficiary to whom the Options this option may be transferred by will or by the laws of descent and distribution, the word "Optionee0ptionee" shall be deemed to include such person or personsperson.

Appears in 1 contract

Samples: Non Qualified Stock Option (Easton Bancorp Inc/Md)

Optionee. Whenever the word "Optionee" is used in any provision of this Agreement under circumstances where the provision provisions should logically be construed to apply to the executors, guardian or legal representative of the administrators, Optionee or the person executor or persons administrator or legatees or heirs to whom the Options Option may be transferred by will or by the laws of descent and distribution, the word "Optionee" it shall be deemed to include such person or persons.

Appears in 1 contract

Samples: Stock Option Agreement (Neogen Corp)

Optionee. Whenever the word "Optionee" is used in any provision of this Agreement under circumstances where the provision should logically be construed construed, as determined by the Board, to apply to the executorsestate, the administratorspersonal representative, or the person or persons beneficiary to whom the Options or Option Shares may be transferred by will or by the laws of descent and distribution, or another permitted transferee, the word "Optionee" shall be deemed to include such person or personsperson.

Appears in 1 contract

Samples: Board Member Agreement (Arc Communications Inc)

Optionee. Whenever the word "Optionee" is used in any provision of this Agreement under circumstances where the provision should logically be construed constructed to apply to the executors, guardian or legal representative of the administrators, Optionee or the person executor or persons administrator or legatees or heirs to whom the Options Option may be transferred by will or by the laws of descent and distribution, the word "Optionee" it shall be deemed to include such person or persons.

Appears in 1 contract

Samples: Stock Option Agreement (Quadramed Corp)

Optionee. Whenever the word "Optionee" is used in any provision of this Agreement under circumstances where the provision should logically be construed to apply to the executors, the administrators, administrators or the person or persons to whom the Options Option may be transferred by will or by the laws of descent and distribution, the word "Optionee" shall be deemed to include such person or persons.

Appears in 1 contract

Samples: Stock Option Agreement (Eupa International Corp /Nv/)

Optionee. Whenever the word "Optionee" is used in any provision of this Agreement under circumstances where the provision should logically be construed to apply to the executors, the administrators, or the person or persons to whom the Options may be transferred by will or by the laws of descent and distributiondistribution or Permitted Transferees (as defined below in Section 8 hereof), the word "Optionee" shall be deemed to include such person or persons.

Appears in 1 contract

Samples: Performance Accelerated Stock Options Agreement (Orthofix International N V)

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