Common use of Acceptance of NSO Clause in Contracts

Acceptance of NSO. This Award Agreement deals only with the NSO you have been granted and not its exercise. Your acceptance of the NSO, which shall be deemed to take place when you sign this Award Agreement, places no obligation or commitment on you to exercise the NSO. By signing below, you indicate your acceptance of the NSO and your agreement to the terms and conditions set forth in this Award Agreement, which, together with the terms of the Plan, shall become the Company’s Stock Option Agreement with you. You also hereby acknowledge receipt of a copy of the Plan and agree to all of the terms and conditions of the Plan, as it may be amended from time to time. Unless the Company otherwise agrees in writing, this Award Agreement will not be effective as a Stock Option Agreement if you do not sign and return a copy to [ ] by [ ].

Appears in 2 contracts

Samples: Option Award Agreement (Lumber Liquidators, Inc.), Lumber Liquidators, Inc.

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Acceptance of NSO. This Award Agreement deals only with the NSO you have been granted and not its exercise. Your acceptance of the NSO, which shall be deemed to take place when you sign this Award Agreement, places no obligation or commitment on you to exercise the NSO. By signing belowthis Award Agreement, you indicate your acceptance of the NSO and your agreement to the terms and conditions set forth in this Award Agreement, which, together with the terms of the Plan, shall become the Company’s Stock Option Agreement with you. You also hereby acknowledge receipt of that a copy of the Plan has been made available and agree to all of the terms and conditions of the Plan, as it may be amended from time to time. Unless the Company otherwise agrees in writing, the NSO reflected in this Award Agreement will not be effective exercisable as a Stock Option Agreement if you do not sign and return a copy to [ ] by [ ]accept this Award Agreement within thirty days of the Grant Date.

Appears in 2 contracts

Samples: Lumber Liquidators Holdings, Inc., Lumber Liquidators Holdings, Inc.

Acceptance of NSO. This Award Agreement deals only with the NSO you have been granted and not its exercise. Your acceptance of the NSO, which shall be deemed to take place when you sign this Award Agreement, places no obligation or commitment on you to exercise the NSO. By signing below, you indicate your acceptance of the NSO and your agreement to the terms and conditions set forth in this Award Agreement, which, together with the terms of the Plan, shall become the Company’s Stock Option Agreement with you. You also hereby acknowledge receipt of that a copy of the Plan has been made available and agree to all of the terms and conditions of the Plan, as it may be amended from time to time. Unless the Company otherwise agrees in writing, the NSO reflected in this Award Agreement will not be effective exercisable as a Stock Option Agreement if you do not sign and return a copy to [ ] Xxxxxxxxxx Xxxxxxx by [ ].

Appears in 1 contract

Samples: Executive Employment Agreement (Lumber Liquidators, Inc.)

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Acceptance of NSO. This Award Agreement deals only with the NSO you have been granted and not its exercise. Your acceptance of the NSO, which shall be deemed to take place when you sign this Award Agreement, places no obligation or commitment on you to exercise the NSO. By signing belowthis Agreement, you indicate your acceptance of the NSO and your agreement to the terms and conditions set forth in this Award Agreement, which, together with the terms of the Plan, shall become the Company’s Stock Option Agreement stock option agreement with you. You also hereby acknowledge receipt of that a copy of the Plan has been made available and agree to all of the terms and conditions of the Plan, as it may be amended from time to time. Unless the Company otherwise agrees in writing, the NSO reflected in this Award Agreement will not be effective exercisable as a Stock an Option Agreement if you do not sign and return a copy to [ ] by [ ]accept this Agreement within thirty days of the Grant Date.

Appears in 1 contract

Samples: Stock Option Award Agreement (Exactus, Inc.)

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