Obligations of Optionee. During the Option Period, the Optionee shall:
Obligations of Optionee. (a) In consideration of the grant, the Optionee, while both actively employed and in the event of Optionee's Termination of Employment for any reason, specifically agrees that within the term of this grant or within three years following the payment of any amounts pursuant to the grant, if later: (i) the Optionee will personally provide reasonable assistance and cooperation to the Company in activities related to the prosecution or defense of any pending or future lawsuits or claims involving the Company; (ii) the Optionee will promptly notify the Company upon receipt of any requests from anyone other than an employee or agent of the Company for information regarding the Company, or if the Optionee becomes aware of any potential claim or proposed litigation against the Company; (iii) the Optionee will refrain from providing any information related to any claim or potential litigation against the Company to any non-Company representatives without either the Company's written permission or being required to provide information pursuant to legal process; (iv) the Optionee will not misuse or, other than in the course of performing his duties, disclose any confidential information or material concerning the Company; and (v) the Optionee will not engage in any activity contrary or harmful to the interests of the Company. In further consideration of the grant, the Optionee specifically agrees that if required by law to provide sworn testimony regarding any Company-related matter: the Optionee will consult with and have Company designated legal counsel present for such testimony (the Company will be responsible for the costs of such designated counsel); the Optionee will confine his testimony to items about which he has knowledge rather than speculation, unless otherwise directed by legal process; and the Optionee will cooperate with the Company's attorneys to assist their efforts, especially on matters the Optionee has been privy to, holding all privileged attorney-client matters in strictest confidence.
Obligations of Optionee. The Optionee will serve the Corporation as a member of the Corporation’s Board of Directors in good faith and use his or her best efforts to promote its interests. Participation on the Board of Directors shall be at such rate of compensation as the Corporation shall from time to time in its discretion determine. If the Optionee violates the provisions of this Section 9 without the express written consent of the Corporation, the Option will thereupon terminate without prejudice to any rights or remedies which the Corporation may have against the Optionee under this Agreement or otherwise.
Obligations of Optionee. The Optionee will serve the Corporation or a Subsidiary as an employee in good faith and use his or her best efforts to promote its interests. The employment shall be in such capacity or capacities and at such rate of compensation as the Corporation or such Subsidiary shall from time to time in its discretion determine. If the Optionee violates the provisions of this Section 9 without the express written consent of the Corporation or such Subsidiary, the Option will thereupon terminate without prejudice to any rights or remedies which the Corporation or such Subsidiary may have against the Optionee under this Agreement or otherwise. An Optionee shall not render services for any organization, or engage directly or indirectly in any business, which is competitive with the Corporation. Failure to comply with this restriction during the six months after exercise of an Option shall cause such exercise to be rescinded.
Obligations of Optionee. It shall be a condition to the inclusion of any shares of Optionee in a registration statement that the Optionee cooperate in the execution and filing of the registration statement and any necessary state securities law filings, and if the offering is to be underwritten, that such holder become a party to the underwriting agreement and, if so requested by the managing underwriter, to Powers of Attorney and/or custodial agreements or other suitable arrangements as the managing under writer deems reasonably necessary in order to insure orderly sale of the shares. As among the holders of shares included in any registration statement decisions respecting the terms and conditions of any underwriting agreements shall be made by the party initiating the registration; so that in the case of a registration required pursuant to a request by the Optionee under Section 10, determinations with respect to the under writing agreement shall be made by the Optionee in his or her reasonable judgment after appropriate consultation with the Company and with other persons whose shares are to be included in such offering; and if the Optionee is party to a registration statement pursuant to Section 11, the Option Shall not have the right to make such determinations, but shall be informed of them, and consulted with respect thereto.
Obligations of Optionee. Whenever Optionee sells any Registrable Securities pursuant to a Piggyback Registration, Optionee shall be obligated to comply with the applicable provisions of the Securities Act, including the prospectus delivery requirements thereunder, and any applicable state securities or blue sky laws. Optionee shall furnish to the Company such written information regarding Optionee and any distribution proposed by Optionee as the Company may reasonably request in writing and as shall be reasonably required in connection with any registration, qualification or compliance referred to in this Exhibit A and shall promptly notify the Company of any changes in such information.
Obligations of Optionee. Following the filing of the Registration Statement and during any period that the Registration Statement is effective, Optionee shall:
Obligations of Optionee. Optionee agrees that during the Option Term:
Obligations of Optionee. (a) In consideration of the grant, the Optionee, while both actively employed and in the event of Optionee's Termination of Employment for any reason, specifically agrees that within the term of this grant or within three years following the payment of any amounts pursuant to the grant, if later: (i) the Optionee will personally provide reasonable assistance and cooperation to the Company in activities related to the prosecution or defense of any pending or future lawsuits or claims involving the
Obligations of Optionee. The Optionee will serve the Corporation or a Subsidiary as an employee in good faith and use his or her best efforts to promote its interests. The employment shall be in such capacity or capacities and at such rate of compensation as the Corporation or such Subsidiary shall from time to time in its discretion determine. During his or her employment, the Optionee shall not render services for any organization, or engage directly or indirectly in any business, which is competitive with the Corporation. If the Optionee violates the provisions of this Section 9 without the express written consent of the Corporation or such Subsidiary, the Option will thereupon terminate without prejudice to any rights or remedies which the Corporation or such Subsidiary may have against the Optionee under this Agreement or otherwise.
