Common use of Who May Exercise Clause in Contracts

Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Optionee, the Stock Option may be exercised only by the Optionee, or by the Optionee’s guardian or personal or legal representative (in the event of his or her disability or by a broker dealer subject to Section 2.3 of the Plan).

Appears in 12 contracts

Samples: Non Statutory Stock Option Agreement (Omega Protein Corp), Non Statutory Stock Option Agreement (Omega Protein Corp), Nonstatutory Stock Option Agreement (Omega Protein Corp)

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Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Optionee, the Stock Option may be exercised only by the Optionee, or by the Optionee’s guardian or personal or legal representative (in the event of his or her disability Disability or by a broker dealer subject to Section 2.3 of the Plan).

Appears in 4 contracts

Samples: Nonstatutory Stock Option Agreement (Synthesis Energy Systems Inc), Nonstatutory Stock Option Agreement (Synthesis Energy Systems Inc), Nonstatutory Stock Option Agreement (Synthesis Energy Systems Inc)

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Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the OptioneeParticipant, the Stock Option may be exercised only by the OptioneeParticipant, or by the Optionee’s Participant's guardian or personal or legal representative (in the event of his or her disability Disability or by a broker dealer subject to Section 2.3 of the Plan).

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (Endeavour International Corp), Nonstatutory Stock Option Agreement (Endeavour International Corp)

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