Common use of Special Exercise Provisions Clause in Contracts

Special Exercise Provisions. Notwithstanding anything to the contrary in the Plan or in this Agreement, if the Participant is employed or resides in China or Italy, then the Participant shall only exercise the Options granted hereunder using the “Cashless Exercise” method as defined in the Plan and shall not have the right to use any other method otherwise permitted under this Agreement.

Appears in 10 contracts

Samples: Employee Stock Option Agreement (EnerSys), Employee Stock Option Agreement (EnerSys), Employee Stock Option Agreement (EnerSys)

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Special Exercise Provisions. Notwithstanding anything to the contrary in the Plan or in this Agreement, if the Participant is employed or resides in China or Italy, then the Participant shall only exercise the Options granted hereunder using the “Cashless Exercise” method as defined in the Plan and shall not have the right to use any other method otherwise permitted under this Agreement.

Appears in 3 contracts

Samples: Employee Stock Option Agreement (EnerSys), Employee Stock Option Agreement (EnerSys), Employee Stock Option Agreement (EnerSys)

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Special Exercise Provisions. Notwithstanding anything to the contrary in the Plan or in this Agreement, if the Participant is employed or resides in China or Italy, then the Participant shall only exercise the Options granted hereunder using the "Cashless Exercise" method as defined in the Plan and shall not have the right to use any other method otherwise permitted under this Agreement.

Appears in 1 contract

Samples: Form of Stock Option Agreement (EnerSys)

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