Common use of No Obligation to Exercise Clause in Contracts

No Obligation to Exercise. The granting of an Option or Stock Appreciation Right shall impose no obligation upon the Participant to exercise such Option or Stock Appreciation Right.

Appears in 7 contracts

Samples: Cardiovascular Systems Inc, Cardiovascular Systems Inc, Nephros Inc

AutoNDA by SimpleDocs

No Obligation to Exercise. The granting of an Option or Stock Appreciation Right shall impose imposes no obligation upon the Participant to exercise such Option or Stock Appreciation Right.

Appears in 1 contract

Samples: Arts Way Manufacturing Co Inc

AutoNDA by SimpleDocs

No Obligation to Exercise. The granting of an Option or Stock Appreciation Right shall impose no obligation upon the Participant optionee to exercise such Option or Stock Appreciation Right.

Appears in 1 contract

Samples: Stock Option Plan and Trust Agreement (First Community Financial Corp /Nc/)

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