Common use of No Obligation to Exercise Option Clause in Contracts

No Obligation to Exercise Option. The grant and acceptance of this option imposes no obligation on the Optionee to exercise it.

Appears in 165 contracts

Samples: Phase Forward Incorporated (Phase Forward Inc), Non Qualified Stock Option Agreement (Karyopharm Therapeutics Inc.), Severance Agreement (Meta Group Inc)

AutoNDA by SimpleDocs

No Obligation to Exercise Option. The grant and acceptance of this option imposes no obligation on the Optionee Employee to exercise it.

Appears in 97 contracts

Samples: Incentive Stock Option Agreement (Yodle Inc), Incentive Stock Option Agreement (SALARY.COM, Inc), Stock Option Agreement (SALARY.COM, Inc)

No Obligation to Exercise Option. The grant and acceptance of this option Option imposes no obligation on the Optionee to exercise it.

Appears in 38 contracts

Samples: Non Qualified Stock Option Agreement (Connetics Corp), Non Qualified Stock Option Agreement (Connetics Corp), Non Qualified Stock Option Agreement (Connetics Corp)

No Obligation to Exercise Option. The grant and acceptance of this -------------------------------- option imposes no obligation on the Optionee to exercise it.

Appears in 13 contracts

Samples: Non Qualified Stock Option Agreement (Cabletron Systems Inc), Non Qualified Stock Option Agreement (Perseptive Biosystems Inc), Transwitch Corporation (Transwitch Corp /De)

No Obligation to Exercise Option. The grant and acceptance of this option the Option imposes no obligation on the Optionee to exercise it.

Appears in 11 contracts

Samples: Non Qualified Stock Option Agreement (Galaxy Nutritional Foods Co), Qualified Stock Option Agreement (Galaxy Nutritional Foods Inc), Incentive Stock Option Agreement (Galaxy Nutritional Foods Co)

No Obligation to Exercise Option. The grant and acceptance of this option imposes no obligation on the Optionee Participant to exercise it.

Appears in 6 contracts

Samples: Non Qualified Stock Option Agreement (Citrix Systems Inc), Consulting Non Qualified Stock Option Agreement (Rib X Pharmaceuticals Inc), Non Qualified Stock Option Agreement (Citrix Systems Inc)

No Obligation to Exercise Option. The grant and acceptance of this option Option imposes no obligation on the Optionee Employee to exercise it.

Appears in 5 contracts

Samples: Incentive Stock Option Agreement (Astea International Inc), Molecular Simulations Incorporated (Molecular Simulations Inc), Concord Communications Inc

No Obligation to Exercise Option. The grant and acceptance of this option imposes Optionee shall be under no obligation on the Optionee to exercise itthe Option.

Appears in 4 contracts

Samples: Option Agreement (Castle Dental Centers Inc), Option Agreement (Castle Dental Centers Inc), Option Agreement (Castle Dental Centers Inc)

No Obligation to Exercise Option. The grant and acceptance of this option -------------------------------- Option imposes no obligation on the Optionee to exercise it.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Astea International Inc), Amendment Agreement (Astea International Inc), Non Qualified Stock Option Agreement (Astea International Inc)

No Obligation to Exercise Option. The grant and acceptance of this option Option imposes no obligation on the Optionee to exercise it.

Appears in 3 contracts

Samples: Option Agreement (Specialty Retail Group Inc), Stock Option Agreement (Specialty Retail Group Inc), Stock Option Agreement (Specialty Retail Group Inc)

No Obligation to Exercise Option. The grant and acceptance of this option Option imposes no obligation on the Optionee Participant to exercise it.

Appears in 2 contracts

Samples: Non Qualified Stock Option Inducement Award Agreement (Agenus Inc), Share Option Award Agreement (Teva Pharmaceutical Industries LTD)

No Obligation to Exercise Option. The grant and acceptance of this option imposes no obligation on the Optionee to exercise itthis option.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Biomune Systems Inc), Non Qualified Stock Option Agreement (Biomune Systems Inc)

No Obligation to Exercise Option. The grant and acceptance of this option imposes no obligation on the Optionee to exercise itthe option.

Appears in 2 contracts

Samples: Program Stock Option Agreement (21st Century Holding Co), 21st Century Holding Co

No Obligation to Exercise Option. The grant and acceptance of this option imposes the Options impose no obligation on the Optionee to exercise itany or all of them.

Appears in 1 contract

Samples: Agreement and Plan of Merger (National Techteam Inc /De/)

No Obligation to Exercise Option. The grant and acceptance of this option imposes no obligation on the Optionee Recipient to exercise it.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Praecis Pharmaceuticals Inc)

AutoNDA by SimpleDocs

No Obligation to Exercise Option. The grant and acceptance of this option -------------------------------- imposes no obligation on the Optionee to exercise itthe options.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Sba Communications Corp)

No Obligation to Exercise Option. The grant and acceptance of this option these Options imposes no obligation on the Optionee Grantee to exercise itthem.

Appears in 1 contract

Samples: Share Option Plan Agreement (Nur Macroprinters LTD)

No Obligation to Exercise Option. The grant and acceptance of -------------------------------- this option Option imposes no obligation on the Optionee to exercise it.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Astea International Inc)

No Obligation to Exercise Option. The grant and acceptance granting of this an option imposes no shall not impose any obligation on upon the Optionee optionee to exercise itsuch option.

Appears in 1 contract

Samples: Employment Agreement (One Voice Technologies Inc)

No Obligation to Exercise Option. The grant and acceptance of this option Option imposes no obligation on the Optionee to exercise itthe Option.

Appears in 1 contract

Samples: Non Plan, Nonqualified Stock Option Agreement (Presstek Inc /De/)

No Obligation to Exercise Option. The grant and acceptance of this option imposes no obligation on the Optionee Participant to exercise itthe option.

Appears in 1 contract

Samples: Incentive Agreement (HCBF Holding Company, Inc.)

No Obligation to Exercise Option. The grant and acceptance of this an option imposes hereunder shall impose no obligation on upon the Optionee optionee to exercise itsuch option.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (San Rafael Bancorp)

No Obligation to Exercise Option. The grant and acceptance of this option the ------------------------------------ Option imposes no obligation on the Optionee to exercise it.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Mathsoft Inc)

No Obligation to Exercise Option. The grant and acceptance of this option the Option imposes no obligation on the Optionee Option Holder to exercise it.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Health & Nutrition Systems International Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.