Common use of Representation of Exerciser other than the Participant Clause in Contracts

Representation of Exerciser other than the Participant. Any Exerciser other than the Participant acknowledges that such person (a) has the right to exercise the Option as either the Participant’s Beneficiary following Participant’s death or as Participant’s legal representative following Participant’s Disability; (b) has attached to this Exercise Notice the exact name(s) and social security number(s) for the person to whom the Shares should be issued; and (c) has attached to this Exercise Notice evidence acceptable to the Company that the Participant has died or become Disabled and that such Exerciser has the authority to exercise the Options.

Appears in 6 contracts

Samples: Award Agreement (MW Bancorp, Inc.), Non Qualified Stock Option (MW Bancorp, Inc.), Nonqualified Stock Option Award Agreement (Schulman a Inc)

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Representation of Exerciser other than the Participant. Any Exerciser other than the Participant acknowledges that such person (a) has the right to exercise the Option as either the Participant’s Beneficiary following Participant’s death or as Participant’s legal representative following Participant’s Disabilityrepresentative; (b) has attached to this Exercise Notice the exact name(s) and social security number(s) for the person to whom the Shares shares of Stock should be issued; and (c) has attached to this Exercise Notice evidence acceptable to the Company that the Participant has died or become Disabled incapacitated and that such Exerciser has the authority to exercise the Options.

Appears in 1 contract

Samples: Non Qualified Stock Option Award Agreement (Worthington Steel, Inc.)

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