Examples of Inducement Agreement in a sentence
IN WITNESS WHEREOF, the parties hereto, each after due authorization, have executed this Inducement Agreement on the respective dates indicated below, as of the date first above written.
This Option may be exercised only within the term set out in Section 1, and may be exercised during such term only in accordance with the terms of this Inducement Agreement.
Notwithstanding anything in this Inducement Agreement to the contrary, this Inducement Agreement is intended to comply with the requirements of Section 409A of the Internal Revenue Code of 1986, as amended, and shall be interpreted in a manner consistent with such intention.
Subject to the provisions of this Inducement Agreement, the Compensation Committee of the Board of Directors of the Company (the “Administrator”) will have the authority, in its discretion: (i) to construe and interpret the terms of this Inducement Agreement; (ii) to modify or amend each Award (subject to Section 11 of this Inducement Agreement); and (iii) to make all other determinations deemed necessary or advisable for administering this Inducement Agreement.
The terms of this Inducement Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.