Prohibition on Repricing. The Agreement may not be amended to (a) reduce the Exercise Price of the Option granted hereunder, nor (b) cancel or replace the Option hereunder with an Option having a lower exercise price.
Appears in 16 contracts
Samples: Nonqualified Stock Option Agreement (Orthofix Medical Inc.), Nonqualified Stock Option Agreement (Orthofix International N V), Nonqualified Stock Option Agreement (Orthofix International N V)