Optionee Acknowledgement. Optionee acknowledges that none of the Shares issuable pursuant to this Agreement are being issued for services in connection with any offer or sale of securities or a capital raising or to directly or indirectly maintain a market for the securities of the Company.
Optionee Acknowledgement. The Optionee acknowledges that:
Optionee Acknowledgement. The Optionee acknowledges that the Optionee has had a reasonable opportunity to review this Agreement and has had a reasonable opportunity to consult with the Optionee’s counsel and accountants with respect to the terms and legal, financial and tax implications of this Agreement and is not relying on the Company for any legal, financial or tax advice.
Optionee Acknowledgement. The Optionee acknowledges that in the event that the Optionee utilizes the cashless exercise method described above, the Optionee will be deemed to have (a) exercised the Option with respect to shares effectively being surrendered in satisfaction of the exercise price and (b) sold the shares that are deemed to be surrendered in satisfaction of the exercise price. As a result, the Optionee would recognize ordinary income on the deemed exercise price in an amount measured by the difference between the exercise price of the Option and the fair market value of the shares at the time of exercise. Accordingly, if the Optionee utilizes the cashless exercise method, the Optionee will be subject to tax at ordinary income rates with respect to the deemed sale of shares that are not actually issued to the Optionee.
Optionee Acknowledgement. Optionee acknowledges that in the event that Optionee exercises the Option at any time after the three month period following the date of this Amendment to Incentive Stock Option Agreement, the Option will not be treated as an “incentive stock option” under Section 422 of the Internal Revenue Code of 1986, as amended and Optionee will be taxed at ordinary income tax rates upon any such exercise in an amount equal to the amount by which the fair market value of a Share of Common Stock exceeds the per share exercise price.
Optionee Acknowledgement. Optionee represents that he or she has read this Agreement and is familiar with its terms and provisions. Optionee hereby agrees to accept as binding, conclusive, and final all decisions or interpretations of the Board or other administrator of the Plan upon any questions arising under this Agreement. SCHEDULE 1 INVESTMENT REPRESENTATION STATEMENT OPTIONEE Xxxxx Xxxxxxx COMPANY GrubHub Seamless Inc. SECURITY Common STOCK AMOUNT DATE In connection with the purchase of the above-listed shares of Common Stock (the “Securities”) of GrubHub Seamless Inc., a Delaware corporation (the “Company”), the undersigned (the “Optionee”) represents to the Company the following:
Optionee Acknowledgement. Section 2(c)(v) of the Employment Agreement provides that the Optionee shall be granted stock options in January 2014. At the sole request of the Optionee, the number of shares of Common Stock subject to this Stock Option is lower than the number of shares originally contemplated by Section 2(c)(v) of the Employment Agreement and authorized by the Committee. The Optionee accepts this Stock Option in full and complete satisfaction of the Company's obligations under said Section 2(c)(v).
Optionee Acknowledgement. Optionee acknowledges receipt of a copy of the Plan, as amended. Optionee hereby agrees to accept as final and conclusive all determinations, interpretations and constructions made by the Committee pursuant to the Plan and the Option. Date of Grant: June 1, ______ (Corporate Seal) AMERICAN PREMIER GROUP, INC. Attest: By__________________________ Xxxxxx X. Xxxxx Senior Vice President and Secretary _________________________ Xxxxxx X. Xxxxxx Assistant Secretary ____________________________ Optionee
Optionee Acknowledgement. Optionee acknowledges that a complete copy of the Plan is available upon request to the Company's Secretary, and hereby accepts this Option subject to all the terms and provisions thereof. Optionee hereby agrees to accept as binding, conclusive, and final decisions or interpretations of the Plan Administrator upon any questions arising under the Plan.
Optionee Acknowledgement. The Optionee acknowledges receipt of a copy of the Plan, and acknowledges all decisions, determinations and interpretations of the Committee in respect of the Plan, the Agreement and the Option shall be final and conclusive.
