Common use of Acceptance of Grant of Option Clause in Contracts

Acceptance of Grant of Option. The Optionee accepts the grant of the Option confirmed hereby, acknowledges having received a copy of the Plan and agrees to be bound by the terms and provisions of the Plan and this Agreement, as the Plan may be modified or amended from time to time; provided, however, that no termination, modification or amendment of the Plan shall, without the consent of the Optionee, adversely affect the rights of the Optionee with respect to the Option.

Appears in 3 contracts

Samples: CALGON CARBON Corp, Westinghouse Air Brake Technologies Corp, Westinghouse Air Brake Technologies Corp

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Acceptance of Grant of Option. The Optionee accepts the grant of the Option confirmed herebyby this Agreement, acknowledges having received a copy of the Plan and agrees to be bound by the terms and provisions of the Plan and this AgreementPlan, as the Plan may be modified or amended from time to time; provided, however, that no terminationalteration, modification amendment, revocation or amendment termination of the Plan shallwill, without the written consent of the Optionee, adversely affect the rights of the Optionee with respect to the Option.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (LTC Properties Inc), Plan Nonstatutory Stock Option Agreement (LTC Properties Inc)

Acceptance of Grant of Option. The Optionee accepts the grant of the Option confirmed hereby, acknowledges having received a copy of the Plan and agrees to be bound by the terms and provisions provision of the Plan and this Agreement, as the Plan may be modified or amended from time to time; provided, however, that no termination, modification or amendment of the Plan shall, without the consent of the Optionee, adversely affect the rights of the Optionee with respect to the Option.

Appears in 1 contract

Samples: Westinghouse Air Brake Technologies Corp

Acceptance of Grant of Option. The Optionee accepts the grant of the Option confirmed hereby, acknowledges having received a copy of the Plan and agrees to be bound by the terms and provisions of the Plan and (as modified by this Agreement), as the Plan may be modified or amended from time to time; provided, however, that no termination, modification or amendment of the Plan shall, without the consent of the Optionee, adversely affect the rights of the Optionee with respect to the Option.

Appears in 1 contract

Samples: Matthews International Corp

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Acceptance of Grant of Option. The Optionee accepts the grant of the Option confirmed herebyby this Agreement, acknowledges having received a copy of the Plan and agrees to be bound by the terms and provisions of the Plan and this Agreement, as the Plan this Agreement may be modified or amended from time to time; provided, however, that no terminationalteration, modification amendment, revocation or amendment termination of the Plan shallthis Agreement will, without the written consent of the Optionee, adversely affect the rights of the Optionee with respect to the Option.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Protalex Inc)

Acceptance of Grant of Option. The Optionee accepts the grant of the Option confirmed hereby, acknowledges having received a copy of the Plan and agrees to be bound by the terms and provisions of the Plan and this AgreementPlan, as the Plan may be modified or amended from time to time; provided, however, that no termination, modification amendment or amendment termination of the Plan shall, without the written consent of the Optionee, adversely affect the rights of the Optionee with respect to the Option.

Appears in 1 contract

Samples: Carey Diversified Properties LLC

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