Option Cancellation Agreement Sample Contracts

THIS AGREEMENT made the day of February, 2011 -----
Option Cancellation Agreement • March 7th, 2011 • American Paramount Gold Corp. • Metal mining • Nevada
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OPTION CANCELLATION AGREEMENT
Option Cancellation Agreement • January 5th, 2016 • Transfirst Holdings Corp. • Services-business services, nec • Delaware

THIS OPTION CANCELLATION AGREEMENT (this “Agreement”) is entered into on October 15, 2015 (the “Effective Date”), by and between TransFirst Holdings Corp., f/k/a Tyche Topco, Inc., a Delaware corporation (the “Company”), and Steven Rizzuto (“Employee”).

OPTION CANCELLATION AGREEMENT
Option Cancellation Agreement • May 24th, 2011 • Nobel Learning Communities Inc • Services-educational services • Delaware

THIS OPTION CANCELLATION AGREEMENT (this “Agreement”) is made as of May 18, 2011, by and between the undersigned (the “Option Holder”) and Nobel Learning Communities, Inc., a Delaware corporation (the “Company”). Capitalized terms used herein but not otherwise defined shall have the meaning ascribed to them in the Merger Agreement (as defined below).

OPTION CANCELLATION AGREEMENT
Option Cancellation Agreement • May 24th, 2011 • Nobel Learning Communities Inc • Services-educational services • Delaware

THIS OPTION CANCELLATION AGREEMENT (this “Agreement”) is made as of May 18, 2011, by and between the undersigned (the “Option Holder”) and Nobel Learning Communities, Inc., a Delaware corporation (the “Company”). Capitalized terms used herein but not otherwise defined shall have the meaning ascribed to them in the Merger Agreement (as defined below).

OPTION CANCELLATION AGREEMENT Five Below, Inc.
Option Cancellation Agreement • April 18th, 2012 • Five Below, Inc • Pennsylvania

Reference is made to the Non-Qualified Stock Option Agreement, between Five Below, Inc. and you, dated October 14, 2010 (the “Option Agreement”), pursuant to which 2,919,973 non-qualified stock options (the “Options”) were granted to you under the Five Below, Inc. Equity Incentive Plan, as amended (the “Plan”). Pursuant to the terms and conditions of this Option Cancellation Agreement (the “Agreement”), you agree to the cancellation of the Options in exchange for which Five Below, Inc. (the “Company”) will make two grants of restricted stock, as described herein, to you.

OPTION CANCELLATION AGREEMENT
Option Cancellation Agreement • August 13th, 2001 • Eye Care Centers of America Inc • Retail-retail stores, nec • Texas

This Option Cancellation Agreement (the “Agreement”), is entered into as of June 15, 2001, by and between Eye Care Centers of America, Inc. (the “Company”) and the undersigned participant (the “Optionee”).

iParty Corp. OPTION CANCELLATION AGREEMENT
Option Cancellation Agreement • December 12th, 2006 • Iparty Corp • Retail-miscellaneous shopping goods stores • Delaware

THIS AGREEMENT, made as of the eighth day of December, 2006 (the “Cancellation Date”), between iParty Corp., a Delaware corporation (“iParty”), and Dorice Dionne (the “Grantee”).

OPTION CANCELLATION AGREEMENT
Option Cancellation Agreement • June 5th, 2018 • BG Staffing, Inc. • Services-help supply services • Delaware

This OPTION CANCELLATION AGREEMENT (this “Agreement”) is entered into effective as of May 31, 2018 by and between BG Staffing, Inc., a Delaware corporation (the “Company”), and L. Allen Baker, Jr. (the “Optionee”).

FRESH BRANDS, INC. OPTION CANCELLATION AGREEMENT
Option Cancellation Agreement • December 6th, 2005 • Fresh Brands Inc • Retail-grocery stores • Wisconsin

THIS OPTION CANCELLATION AGREEMENT, made this _____day of December, 2005, by and between FRESH BRANDS, INC., a Wisconsin corporation (the “Company”), and [NAME OF OPTIONEE] (“Optionee”).

OPTION CANCELLATION AGREEMENT
Option Cancellation Agreement • January 10th, 2024 • BrightSpring Health Services, Inc. • Services-home health care services • Delaware

THIS OPTION CANCELLATION AGREEMENT (this “Agreement”) is made and entered into this 22nd day of November, 2023 (the “Effective Date”), by and between BrightSpring Health Services, Inc., a Delaware corporation (the “Company”), Jon B. Rousseau (“JBR”), and The Margaret Rousseau Children Trust (the “Children Trust”, and together with JBR, the “Equityholders”, and each an “Equityholder”). The Equityholders and the Company are collectively referred to herein as the “Parties”.

OPTION cancellation AGREEMENT
Option Cancellation Agreement • July 27th, 2016 • Solitron Devices Inc • Semiconductors & related devices • Florida

THIS OPTION CANCELLATION AGREEMENT (this “Agreement”) is made as of July 22, 2016, by and between Shevach Saraf (the “Option Holder”) and Solitron Devices, Inc. (the “Company”).

OPTION CANCELLATION AGREEMENT
Option Cancellation Agreement • October 21st, 2005 • Miva, Inc. • Services-business services, nec • Delaware

This OPTION CANCELLATION AGREEMENT (the “Agreement”), dated October ____, 2005, is made by and between MIVA, Inc., a Delaware corporation (the “Company”), and [Optionee] (the “Optionee”).

OPTION CANCELLATION AGREEMENT
Option Cancellation Agreement • April 15th, 2008 • Indymac Bancorp Inc • Savings institution, federally chartered

THIS OPTION CANCELLATION AGREEMENT (this “Agreement”) is entered into as of April 9, 2008 between IndyMac Bancorp, Inc., a Delaware corporation (the “Corporation”), and Michael W. Perry, the Corporation’s Chairman and Chief Executive Officer (“Executive”) with reference to the following:

OPTION CANCELLATION AGREEMENT
Option Cancellation Agreement • December 31st, 2012 • Insite Vision Inc • Pharmaceutical preparations

This letter relates to the nonqualified stock option to acquire 2,844,374 shares of InSite Vision Incorporated (“Company”) common stock granted to you on December 1, 2010 (“2010 Option”) pursuant to the Notice of Grant of Stock Option and Terms and Conditions of Stock Option executed by you and the Company on December 9, 2010 (“Grant Notice”).

OPTION CANCELLATION AGREEMENT
Option Cancellation Agreement • April 4th, 2005 • Science Applications International Corp • Services-engineering, accounting, research, management • California

THIS OPTION CANCELLATION AGREEMENT (this “Agreement”) is entered into as of January 31, 2005 among Science Applications International Corporation, a Delaware corporation (“SAIC”), Telcordia Technologies, Inc., a Delaware corporation (“Telcordia”) and Matthew J. Desch (“Option Holder”).

OPTION CANCELLATION AGREEMENT
Option Cancellation Agreement • May 1st, 2009 • Tree.com, Inc. • Loan brokers

THIS OPTION CANCELLATION AGREEMENT is made and entered into as of the 28th day of April, 2009, by and between Tree.com, Inc., a Delaware corporation (the “Company”), and Douglas R. Lebda, the Company’s Chairman and Chief Executive Officer (“Executive”, and, together with the Company, the “Parties”).

WILLIS LEASE FINANCE CORPORATION OPTION CANCELLATION AGREEMENT
Option Cancellation Agreement • August 25th, 2011 • Willis Lease Finance Corp • Wholesale-machinery, equipment & supplies • California

THIS OPTION CANCELLATION AGREEMENT, is made by and between Willis Lease Finance Corporation., a Delaware corporation (the “Company”), and you, as the undersigned option holder, for the purpose of purchasing certain options to purchase shares of the Company’s Common Stock held by you. The effective date of this Agreement shall be the date that it is fully executed by both the Company and you (the “Effective Date”).

iParty Corp. OPTION CANCELLATION AGREEMENT
Option Cancellation Agreement • December 12th, 2006 • Iparty Corp • Retail-miscellaneous shopping goods stores • Delaware

THIS AGREEMENT, made as of the eighth day of December, 2006 (the “Cancellation Date”), between iParty Corp., a Delaware corporation (“iParty”), and Patrick Farrell (the “Grantee”).

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OPTION CANCELLATION AGREEMENT
Option Cancellation Agreement • June 15th, 2021 • Inmune Bio, Inc. • Biological products, (no disgnostic substances) • California

THIS OPTION CANCELLATION AGREEMENT (this “Agreement”), is entered into as of June 10, 2021 by and between INmune Bio Inc., a Nevada corporation (the “Company”), and Xencor, Inc. a Delaware corporation (“Xencor”), for the purpose of the cancellation of certain options to purchase shares of the Company’s common stock, par value $0.001 per share (“Common Stock”) held by Xencor.

OPTION CANCELLATION AGREEMENT
Option Cancellation Agreement • July 12th, 2013 • Apparel Holding Corp. • Retail-apparel & accessory stores

THIS OPTION CANCELLATION AGREEMENT (the “Agreement”) is entered into as of October 4, 2012, by and between Arthur Gordon (the “Optionee”) and Kellwood Company, a Delaware corporation (the “Company”).

SUTTER ROCK CAPITAL CORP. FORM OPTION CANCELLATION AGREEMENT
Option Cancellation Agreement • May 8th, 2020 • Sutter Rock Capital Corp. • Maryland

This Option Cancellation Agreement (this “Agreement”) is made and entered into as of the Effective Date, by and between the Company and the Option Holder. For purposes of this Agreement, references to “Parties” shall mean the Company and the Option Holder collectively, and references to a “Party” are intended to refer to the respective Parties individually.

OPTION CANCELLATION AGREEMENT
Option Cancellation Agreement • March 25th, 2014 • Snap Interactive, Inc • Services-business services, nec • Delaware

This OPTION CANCELLATION AGREEMENT (this “Agreement”) is dated as of March 4, 2014 (the “Effective Date”) and is entered into by Snap Interactive, Inc., a Delaware corporation (the “Company”), and Jon Pedersen (the “Optionee”). Terms used in this Agreement with initial capital letters that are not otherwise defined herein shall have the meanings ascribed to such terms in the Nonqualified Stock Option Agreement by and between the Optionee and the Company, dated as of April 10, 2013 (the “Option Agreement”).

OPTION CANCELLATION AGREEMENT
Option Cancellation Agreement • April 15th, 2005 • Bulldog Technologies Inc • Services-miscellaneous business services • British Columbia

NOW THEREFORE THIS AGREEMENT WITNESSETH that in consideration of the mutual covenants contained herein (the sufficiency whereof is hereby acknowledged by the parties hereto), the parties hereby agree to and with each other as follows:

WITNESSETH:
Option Cancellation Agreement • March 30th, 1998 • Matec Corp/De/ • Steel works, blast furnaces & rolling & finishing mills • Massachusetts
THIS OPTION CANCELLATION AGREEMENT is made this 9th day of September, 2011. BETWEEN:
Option Cancellation Agreement • September 13th, 2011 • Wolverine Exploration Inc. • Metal mining • British Columbia
OPTION CANCELLATION AGREEMENT
Option Cancellation Agreement • September 30th, 2015 • Cumulus Media Inc • Radio broadcasting stations • Delaware

THIS OPTION CANCELLATION AGREEMENT (this “Agreement”) is made and entered into as of September 29, 2015 (the “Effective Date”), by and between John W. Dickey (the “Participant”), and Cumulus Media Inc. (the “Company”).

Exhibit 10.4 Form of Option Cancellation Agreement
Option Cancellation Agreement • December 31st, 1996 • Lamcor Inc • Paperboard containers & boxes • Minnesota
FORM FOR OPTION CANCELLATION AGREEMENT
Option Cancellation Agreement • August 7th, 2013 • Cig Wireless Corp. • Communications services, nec • New York

THIS OPTION CANCELLATION AGREEMENT (the “Agreement”) is effective as of date forth on the signature page hereof by and among CiG Wireless Corp., a corporation incorporated in the State of Nevada (the “Company”) and the holder of options to purchase the Company’s common stock signatory hereto (the “Optionee”). Capitalized terms used herein and not otherwise defined shall have the meanings given to them in the Securities Purchase Agreement (the “Securities Purchase Agreement”) dated August 1, 2013 by and among the Company and each of the investors set forth on Schedule I thereto, as such Schedule may be amended from time to time in accordance with the terms of Securities Purchase Agreement.

OPTION CANCELLATION AGREEMENT
Option Cancellation Agreement • December 10th, 2013 • Equal Energy Ltd. • Crude petroleum & natural gas • Alberta

THIS OPTION CANCELLATION AGREEMENT (this “Agreement”) is entered into as of , 2013 between Equal Energy Ltd., a corporation existing under the laws of Alberta (the “Company”), and (the “Optionholder”).

iParty Corp. OPTION CANCELLATION AGREEMENT
Option Cancellation Agreement • December 12th, 2006 • Iparty Corp • Retail-miscellaneous shopping goods stores • Delaware

THIS AGREEMENT, made as of the eighth day of December, 2006 (the “Cancellation Date”), between iParty Corp., a Delaware corporation (“iParty”), and Sal Perisano (the “Grantee”).

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