Common use of Who May Exercise Clause in Contracts

Who May Exercise. The Option shall be exercisable during the lifetime of the Participant only by the Participant. To the extent exercisable after the Participant's death, the Option shall be exercised only by the Participant's representatives, executors, successors or beneficiaries.

Appears in 10 contracts

Samples: Unit Option Agreement (Consolidated Container Co LLC), Non Qualified Stock Option Agreement (Atc Communications Group Inc), Nonqualified Stock Option Agreement (Quest Medical Inc)

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Who May Exercise. The Option shall be is exercisable during the lifetime of the Participant only by the Participant. To the extent exercisable after the Participant's death, the Option shall may be exercised only by the Participant's representatives, executors, successors or beneficiaries.

Appears in 6 contracts

Samples: Incentive Stock Option Agreement (Alon USA Energy, Inc.), Incentive Stock Option Agreement (Alon USA Energy, Inc.), Incentive Stock Option Agreement (Alon USA Energy, Inc.)

Who May Exercise. The Option shall be exercisable during the lifetime of the Participant only by the Participant. To the extent exercisable after the Participant's ’s death, the Option shall be exercised only by the Participant's ’s representatives, executors, successors or beneficiaries.

Appears in 5 contracts

Samples: Stock Option Agreement (PMFG, Inc.), Unit Option Agreement (Consolidated Container Co LLC), Stock Option Agreement (Peerless Manufacturing Co)

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Who May Exercise. The Option shall be exercisable during the lifetime of the Participant only by the Participant. To the extent exercisable after the Participant's ’s death, the Option shall be exercised only by the Participant's ’s representatives, executors, successors or beneficiariesbeneficiaries may exercise the Option.

Appears in 4 contracts

Samples: Unit Option Agreement (Consolidated Container Co LLC), Unit Option Agreement (Consolidated Container Co LLC), Unit Option Agreement (Consolidated Container Co LLC)

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