Common use of Persons Eligible to Exercise Option Clause in Contracts

Persons Eligible to Exercise Option. This option shall be exercisable during the Participant’s lifetime by the Participant or, to the extent lawful, by a broker-dealer acting on behalf of the Participant under the terms set forth in the Plan, or by a transferee to whom the option or the right to exercise the option has been transferred pursuant to Paragraph 7 or Paragraph 13 below.

Appears in 5 contracts

Samples: Non Qualified Stock Option Agreement (Del Monte Foods Co), Non Qualified Stock Option Agreement (Del Monte Foods Co), Non Qualified Stock Option Agreement (Del Monte Foods Co)

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Persons Eligible to Exercise Option. This option shall be exercisable during the Participant’s lifetime by the Participant or, to the extent lawful, by a broker-dealer acting on behalf of the Participant under the terms set forth in the Plan, or by a transferee to whom the option or the right to exercise the option has been transferred pursuant to Paragraph 7 or Paragraph 13 14 below.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Del Monte Foods Co), Incentive Stock Option Agreement (Del Monte Foods Co), Incentive Stock Option Agreement (Del Monte Foods Co)

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