Common use of Surrender of Option Clause in Contracts

Surrender of Option. Upon exercise of this Option in part, if requested by the Company, the Optionee shall deliver this Option Agreement and any other written agreements executed by the Company and the Optionee with respect to this Option to the Company which shall endorse or cause to be endorsed thereon a notation of such exercise and return all agreements to the Optionee.

Appears in 14 contracts

Samples: Nonqualified Stock Option Agreement (Firstplus Financial Group Inc), Nonqualified Stock Option Agreement (Firstplus Financial Group Inc), Nonqualified Stock Option Agreement (Firstplus Financial Group Inc)

AutoNDA by SimpleDocs

Surrender of Option. Upon exercise of this Option in part, if ------------------- requested by the Company, the Optionee shall deliver this Option Agreement and any other written agreements executed by the Company and the Optionee with respect to this Option to the Company which who shall endorse or cause to be endorsed thereon a notation of such exercise and return all agreements to the Optionee.

Appears in 9 contracts

Samples: Nonincentive Stock Option Agreement (Polyphase Corp), Nonincentive Stock Option Agreement (Polyphase Corp), Nonincentive Stock Option Agreement (Polyphase Corp)

AutoNDA by SimpleDocs

Surrender of Option. Upon exercise of If this Option is exercised in part, if requested part by the Company, the Optionee shall shall, if requested, deliver this Option Agreement and any other written agreements executed by the Company and the Optionee with respect to this Option to the Company which shall endorse or cause to be endorsed thereon with a notation of such exercise and return all agreements returned to the Optionee.

Appears in 1 contract

Samples: Stock Option Agreement (Firstplus Financial Group Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!