Optionee’s Agreement. In consideration of the Optionee having been elected as a director of the Company, as provided in the Plan, the Company has granted this option. Nothing contained herein, however, shall be interpreted so as to impose on the Company any obligation to retain the Optionee as an Outside Director for any period of time or any particular rate of compensation.
Appears in 4 contracts
Samples: Outside Director Stock Option Agreement (X Rite Inc), Outside Director Stock Option Agreement (X Rite Inc), Outside Director Stock Option Agreement (X Rite Inc)
