Common use of Termination by Optionee Clause in Contracts

Termination by Optionee. The Optionee shall be entitled to terminate this Option Agreement without further liability at any time by giving thirty (30) days written notice of termination to the Optionor.

Appears in 3 contracts

Samples: Option Agreement, Option Agreement (Lucky 1 Enterprises Inc), Property Option Agreement (Zab Resources Inc.)

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Termination by Optionee. The Optionee shall be entitled to terminate this Option Agreement without further liability at any time by giving thirty (30) days written notice of termination to the OptionorCompany and Boundary but shall forfeit all payments made up to the date of termination.

Appears in 2 contracts

Samples: Share Option Agreement, Share Option Agreement

Termination by Optionee. The Optionee shall be entitled to terminate this Option Agreement without further liability at any time by giving thirty sixty (3060) days written notice of termination to the Optionor.

Appears in 2 contracts

Samples: Amalgamation Agreement, Option Agreement

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Termination by Optionee. The Optionee shall be entitled to terminate this Option Agreement without further liability at any time by giving thirty (30) 30 days written notice of termination to the OptionorOptionor but shall forfeit all payments made up to the date of termination.

Appears in 1 contract

Samples: Option Agreement

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