Common use of Exercises Clause in Contracts

Exercises. (a) The Options may be exercised only by the Optionee or his or her guardian or legal representative during his or her lifetime and only by the Optionee’s Post-Death Representatives after the Optionee’s death. The term “

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Savvis Communications Corp), Nonqualified Stock Option Agreement (Savvis Communications Corp), Incentive Stock Option Agreement (SAVVIS, Inc.)

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Exercises. (a) Optionee may exercise some or all of the Options, to the extent exercisable, by paying the Option Price of the Options exercised and taking all other required actions in accordance with Section 5(b). The Options may be exercised only by the Optionee or his or her guardian or legal representative during his or her lifetime lifetime, and only by the Optionee’s Post-Death Representatives after the Optionee’s death. The term “

Appears in 2 contracts

Samples: Nqso Agreement (Anheuser-Busch Companies, Inc.), Incentive Stock Option Agreement (Anheuser-Busch Companies, Inc.)

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