Option Surrender Agreement Sample Contracts

RECITALS
Option Surrender Agreement • May 13th, 1999 • American Medical Security Group Inc • Hospital & medical service plans • Wisconsin
AutoNDA by SimpleDocs
OPTION SURRENDER AGREEMENT
Option Surrender Agreement • October 22nd, 2015 • Vape Holdings, Inc. • Electric housewares & fans • California

The undersigned holder of non-statutory stock options (the “Company Options”) to acquire shares of common stock of the Company, par value $0.00001, granted pursuant to the 2014 Incentive and Nonstatutory Stock Option Plan (the “Plan”), agrees to surrender each Company Option set forth on Exhibit A hereto (the “Surrendered Options”). The undersigned is permitted to surrender, for no consideration, Company Options pursuant to Section 10 of their Nonstatutory Stock Option Agreement (the “Option Agreement”)

Option Surrender Agreement
Option Surrender Agreement • October 7th, 2010 • Great Wolf Resorts, Inc. • Hotels & motels

In consideration of the sum of Ten Dollars ($10.00) in hand paid, the receipt and sufficiency of which are acknowledged, the undersigned employee (“Employee”) hereby surrenders to Great Wolf Resorts, Inc., a Delaware corporation (the “Company”) all of the options to purchase shares of common stock of the Company that were granted to Employee under the Company’s 2004 Incentive Stock Plan (the “Plan”), as set forth on Attachment 1. This surrender does not affect any restricted stock award that may have been made to Employee at any time. Employee hereby further acknowledges and agrees that he or she will have no rights to or interest in the surrendered options effective as of the date hereof.

Contract
Option Surrender Agreement • May 6th, 2014 • California Gold Corp. • Metal mining • New York
KOPIN CORPORATION OPTION SURRENDER AGREEMENT
Option Surrender Agreement • August 6th, 2008 • Kopin Corp • Semiconductors & related devices • Massachusetts

OPTION SURRENDER AGREEMENT dated as of [ ] between Kopin Corporation, a Delaware corporation (the “Company”), and [ ] (the “Optionee”).

OPTION SURRENDER AGREEMENT
Option Surrender Agreement • November 6th, 2018 • American Superconductor Corp /De/ • Motors & generators

The undersigned holder of stock options (the “Company Options”) to acquire shares of common stock of the Company, par value $0.01, granted pursuant to the 2007 Stock Incentive Plan, as amended (the “Plan”), agrees to surrender to the Company each Company Option set forth on Exhibit A hereto (the “Surrendered Options”) in order to allow the Company to allocate the shares underlying the Surrendered Options to other Company employees. The undersigned acknowledges that the surrender of the Surrendered Options shall be without any expectation of the undersigned to receive, and without imposing any obligation on the Company to pay or grant, any cash, equity awards or other consideration presently or in the future in connection with the surrender of the Surrendered Options.

OPTION SURRENDER AGREEMENT
Option Surrender Agreement • October 11th, 2012 • Leap Wireless International Inc • Radiotelephone communications • Delaware

The undersigned holder of non-qualified stock options (the “Company Options”) to acquire shares of common stock of the Company, par value $0.0001, granted pursuant to the 2004 Stock Option, Restricted Stock and Deferred Stock Unit Plan (the “Plan”), agrees to surrender each Company Option set forth on Exhibit A hereto (the “Surrendered Options”). The undersigned acknowledges that the Company has amended the Plan (and such amendment has been ratified by the Company’s stockholders) to clarify that Plan participants are permitted to surrender, for no consideration, Company Options. The undersigned has determined to surrender the Surrendered Options, each of which has an exercise price substantially greater than the current trading price of the Company’s common stock, in order to assist the Company in attracting and retaining talented executive and employees in the future.

OPTION SURRENDER AGREEMENT
Option Surrender Agreement • November 4th, 2009 • Rehabcare Group Inc • Services-hospitals • Delaware

This Option Surrender Agreement (this “Surrender Agreement”) is entered into as of [ ], 2009 by the undersigned in favor and for the benefit of Triumph HealthCare Holdings, Inc., a Delaware corporation (the “Company”), and RehabCare Group, Inc., a Delaware corporation (“Parent”).

OPTION SURRENDER AGREEMENT
Option Surrender Agreement • January 7th, 2015 • TransDigm Group INC • Aircraft parts & auxiliary equipment, nec

WHEREAS, TransDigm Group Incorporated (“Company”) has granted to Raymond Laubenthal (“Optionee”) 107,500 options (the “Options”) pursuant to a Stock Option Grant Notice and Stock Option Agreement dated November 19, 2012 pursuant to Company’s 2006 Stock Incentive Plan, as amended;

OPTION SURRENDER AGREEMENT
Option Surrender Agreement • May 4th, 2017 • Clean Energy Fuels Corp. • Gas & other services combined • Delaware

This Option Surrender Agreement (this “Agreement”) is made as of March 31, 2017, by and between Clean Energy Renewable Fuels, LLC, a Delaware limited liability company (the “Company”), Clean Energy Fuels Corp. (the “Parent”), and _________________ (“Optionholder”). Unless otherwise defined herein, capitalized terms used in this Agreement have the meanings set forth in the Asset Purchase Agreement, a copy of which has been delivered by the Company to Optionholder.

OPTION SURRENDER AGREEMENT
Option Surrender Agreement • February 19th, 2014 • Uranerz Energy Corp. • Metal mining • Nevada

The undersigned holder of non-qualified stock options (the “Company Options”) to acquire shares of common stock of the Company, par value $0.001, granted pursuant to the Amended 2005 Nonqualified Stock Option Plan (the “Plan”), agrees to surrender each Company Option set forth on Exhibit A hereto (the “Surrendered Options”). The undersigned has voluntarily determined to surrender the Surrendered Options, each of which has an exercise price substantially greater than the current trading price of the Company’s common stock, in order to assist the Company in attracting talented executives and employees in the future.

Time is Money Join Law Insider Premium to draft better contracts faster.