Acceptance Terms. If the Grantee does not wish to receive this Option and/or does not consent and agree to the terms and conditions upon which this Option is offered, as set forth in the Plan and this Agreement, including the Appendices A and B attached hereto, then the Grantee must reject the Option by notifying the Company at ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇, attention General Counsel no later than 60 days following the Date of Grant, in which case the Option will be cancelled. The Grantee’s failure to notify the Company of his or her rejection of the Option within this specified period will constitute the Grantee’s acceptance of the Option and the terms and conditions upon which the Option is offered, as set forth in the Plan and this Agreement, including the Appendices A and B attached hereto.
Appears in 2 contracts
Sources: Non Qualified Stock Option Agreement (Time Inc.), Non Qualified Stock Option Agreement (Time Inc.)