Common use of Persons Eligible to Exercise Clause in Contracts

Persons Eligible to Exercise. The Option granted hereunder may only be exercised by Optionee, its successors or permitted assigns, including without limiting the generality of the foregoing, the estate of Optionee.

Appears in 2 contracts

Samples: Stock Option Agreement (Nin Rafael), Stock Option Agreement (Whitman Corp/New/)

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Persons Eligible to Exercise. The Option granted hereunder may only be exercised by Optionee, its his successors or permitted assigns, including without limiting the generality of the foregoing, the estate of Optionee.

Appears in 1 contract

Samples: Stock Option Agreement (Pepsiamericas Inc/Il/)

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Persons Eligible to Exercise. The Option granted hereunder may only be exercised by Optionee, its successors or permitted assigns, including without limiting the generality of the foregoing, the estate of Optionee upon the death of Optionee.

Appears in 1 contract

Samples: Stock Option Agreement (Pepsiamericas Inc/Il/)

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