Acceptance of Option Agreement. Your execution of this option agreement will indicate your acceptance of and your willingness to be bound by its terms; it imposes no obligation upon you to purchase any of the shares subject to the Option. Your obligation to purchase shares can arise only upon your exercise of the Option in the manner set forth in Section 5 hereof.
Appears in 7 contracts
Samples: Qualified Stock Option Agreement (Coventry Health Care Inc), Incentive Stock Option Agreement (Community First Inc), Wilson Bank Holding Co
Acceptance of Option Agreement. Your execution of this option agreement will indicate your acceptance of and your willingness to be bound by its terms; it imposes no obligation upon you to purchase any of the shares subject to the Optionoption. Your obligation to purchase shares can arise only upon your exercise of the Option option in the manner set forth in Section 5 paragraph 4 hereof.
Appears in 2 contracts
Samples: Stock Option Agreement (Logimetrics Inc), Logimetrics Inc
Acceptance of Option Agreement. Your The Participant's execution of this option agreement Option Agreement will indicate your acceptance of and your willingness to be bound by its terms; it imposes no obligation upon you the Participant to purchase any of the shares subject to the Option. Your The Participant's obligation to purchase shares can arise only upon your exercise of the Option in the manner set forth in Section 5 paragraph 3 hereof.
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