Common use of Forfeitures, etc Clause in Contracts

Forfeitures, etc. If an Option is terminated, in whole or in part, for any reason other than its exercise, the number of shares or Common Stock allocated to the Option or portion thereof may be reallocated to other Options.

Appears in 1 contract

Sources: Stock Option Plan (Front Royal Inc)

Forfeitures, etc. If an Option is terminated, in whole or in part, for any reason other than its exerciseor expires without being exercised, the number of shares or of Common Stock allocated to the Option or portion thereof may be reallocated to other OptionsOptions to be granted under this Plan.

Appears in 1 contract

Sources: Stock Option Plan (Proflight Medical Response Inc)