Common use of Optionee’s Undertaking Clause in Contracts

Optionee’s Undertaking. The Optionee hereby agrees to take whatever additional actions and execute whatever additional documents the Committee may in its reasonable judgment deem necessary or advisable in order to carry out or effect one or more of the obligations or restrictions imposed on the Optionee pursuant to the express provisions of this Option Agreement and the Plan; provided, however, that such additional actions and documents are consistent with the terms of this Option Agreement and the Plan.

Appears in 2 contracts

Samples: Based Option Award Agreement (Santander Consumer USA Holdings Inc.), Time Based Option Award Agreement (Santander Consumer USA Holdings Inc.)

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Optionee’s Undertaking. The Optionee hereby agrees to take whatever additional actions and execute whatever additional documents the Committee may in its reasonable judgment deem necessary or advisable in order to carry out or effect one or more of the obligations or restrictions imposed on the Optionee pursuant to the express provisions of this Option Agreement Agreement, the Plan and the PlanManagement Shareholders Agreement; provided, however, that such additional actions and documents are consistent with the terms of this Option Agreement and Agreement, the PlanPlan or the Management Shareholders Agreement.

Appears in 1 contract

Samples: Form of Option Award Agreement (Santander Consumer USA Holdings Inc.)

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Optionee’s Undertaking. The Optionee hereby agrees to take whatever additional actions and execute whatever additional documents the Committee may in its reasonable judgment deem necessary or advisable in order to carry out or effect one or more of the obligations or restrictions imposed on the Optionee pursuant to the express provisions of this Option Agreement and the Plan; provided, however, that such additional actions and documents are consistent with the terms of this Option Agreement and the Plan.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Quality Distribution Inc)

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