Common use of Other Events Causing Acceleration of Option Clause in Contracts

Other Events Causing Acceleration of Option. (i) Notwithstanding the other terms of the Option, the Option shall become fully exercisable with respect to all Shares covered hereby upon the first to occur of the following:

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Lithia Motors Inc), Incentive Stock Option Agreement (Lithia Motors Inc)

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Other Events Causing Acceleration of Option. (i) Notwithstanding the other terms of the this Option, the this Option shall become fully exercisable with respect to all Shares covered hereby upon the first to occur of the following:

Appears in 2 contracts

Samples: Data Documents Incorporated (Data Documents Inc), Data Documents Incorporated (Data Documents Inc)

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