Common use of Participant Acknowledgment Clause in Contracts

Participant Acknowledgment. The Participant hereby acknowledges receipt of a copy of the Plan. The Participant hereby acknowledges that all decisions, determinations and interpretations of the Board in respect of the Plan, this Agreement and the Option shall be final and conclusive. The Participant further acknowledges that, prior to the existence of a Public Market, no exercise of the Option or any portion thereof shall be effective unless and until the Participant has executed the Management Stockholders' Agreement and the Participant hereby agrees to be bound thereby.

Appears in 6 contracts

Samples: Employment Agreement (Neiman Marcus, Inc.), Employment Agreement (Neiman Marcus, Inc.), Form of Stock Option Grant Agreement (Neiman Marcus Group Inc)

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Participant Acknowledgment. The Participant hereby acknowledges receipt of a copy of the Plan. The Participant hereby acknowledges that all decisions, determinations and interpretations of the Board in respect of the Plan, this Agreement Agreement, the Amendment Letter and the Option shall be final and conclusive. The Participant further acknowledges that, prior to the existence of a Public Market, no exercise of the Option or any portion thereof shall be effective unless and until the Participant has executed the Management Stockholders' Agreement and the Participant hereby agrees to be bound thereby.

Appears in 5 contracts

Samples: Stock Option Grant Agreement (Neiman Marcus, Inc.), Stock Option Grant Agreement (Neiman Marcus, Inc.), Stock Option Grant Agreement (Neiman Marcus, Inc.)

Participant Acknowledgment. The Participant hereby acknowledges receipt of a copy of the Plan. The Participant hereby acknowledges that all decisions, determinations and interpretations of the Board in respect of the Plan, this Agreement and the Option shall be final and conclusive. The Participant further acknowledges that, prior to the existence of a Public Market, no exercise of the Option or any portion thereof shall be effective unless and until the Participant has executed the Management Stockholders' Agreement and the Participant hereby agrees to be bound thereby.. * * * * *

Appears in 5 contracts

Samples: Stock Option Grant Agreement (Neiman Marcus Group Inc), Stock Option Grant Agreement (Biltmore Surgery Center Holdings Inc), Stock Option Grant Agreement (Semiconductor Components Industries LLC)

Participant Acknowledgment. The Participant hereby acknowledges receipt of a copy of the Plan. The Participant hereby acknowledges that all decisions, determinations and interpretations of the Board Committee in respect of the Plan, this Agreement and the Option shall be final and conclusive. The Participant further acknowledges that, prior to the existence of a Public MarketQPO, no exercise of the Option or any portion thereof shall be effective unless and until the Participant has executed the Management Stockholders' applicable Shareholders’ Agreement and the Participant hereby agrees to be bound thereby.. * * * * *

Appears in 3 contracts

Samples: Stock Option Grant Agreement (WP Prism Inc.), Oltaaip 1 (WP Prism Inc.), Stock Option Grant Agreement (WP Prism Inc.)

Participant Acknowledgment. The Participant hereby acknowledges receipt of a copy of the Plan. The Participant hereby acknowledges that all decisions, determinations and interpretations of the Board made in good faith in respect of the Plan, this Agreement and the Option shall be final and conclusive. The Participant further acknowledges that, prior to the existence of a Public Market, no exercise of the Option or any portion thereof shall be effective unless and until the Participant has executed the Management Stockholders' Agreement and the Participant hereby agrees to be bound thereby.. * * * * *

Appears in 3 contracts

Samples: Stock Option Grant Agreement (Semiconductor Components Industries LLC), Stock Option Grant Agreement (Semiconductor Components Industries LLC), Stock Option Grant Agreement (Semiconductor Components Industries LLC)

Participant Acknowledgment. The Participant hereby acknowledges receipt of a copy of the Plan. The Participant hereby acknowledges that all decisions, determinations and interpretations of the Board in respect of the Plan, this Agreement and the Option SARs shall be final and conclusive. The Participant further acknowledges that, prior to the existence of a Public Market, no exercise of the Option SARs or any portion thereof shall be effective unless and until the Participant has executed the Management Stockholders' Agreement and the Participant hereby agrees to be bound thereby.. * * * * *

Appears in 2 contracts

Samples: Stock Appreciation Right Grant Agreement (Sabre Corp), Stock Appreciation Right Grant Agreement (Sabre Corp)

Participant Acknowledgment. The Participant hereby acknowledges receipt of a copy of the Plan. The Participant hereby acknowledges that all decisions, determinations and interpretations of the Board Committee in respect of the Plan, this Agreement and the Option shall be final and conclusive. The Participant further acknowledges that, prior to the existence of a Public Market, no exercise of the Option or any portion thereof shall be effective unless and until the Participant has executed the Management Stockholders' Agreement and the Participant hereby agrees to be bound thereby.. * * * * *

Appears in 2 contracts

Samples: Option Grant Agreement (Am-Pac Tire Dist. Inc.), Form of Option Grant Agreement (Am-Pac Tire Dist. Inc.)

Participant Acknowledgment. The Participant hereby acknowledges receipt of a copy of the Plan. The Participant hereby acknowledges that all decisions, determinations and interpretations of the Board Committee in respect of the Plan, this Agreement and the Option shall be final and conclusive. The Participant further acknowledges that, prior to the existence of a Public Market, no exercise of the Option or any portion thereof shall be effective unless and until the Participant has executed the Management Stockholders' Operating Agreement and the Participant hereby agrees to be bound thereby.

Appears in 1 contract

Samples: Consultant Equity Incentive Plan (ASC Acquisition LLC)

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Participant Acknowledgment. The Participant hereby acknowledges receipt of a copy of the Plan. The Participant hereby acknowledges that all decisions, determinations and interpretations of the Board Committee in respect of the Plan, this Agreement and the Option shall be final and conclusive. The Participant further acknowledges that, prior to the existence occurrence of a an Initial Public MarketOffering, no exercise of the Option or any portion thereof shall be effective unless and until the Participant has executed the Management Stockholders' Investor Rights Agreement and the Participant hereby agrees to be bound thereby.

Appears in 1 contract

Samples: Option Grant Agreement (CAESARS ENTERTAINMENT Corp)

Participant Acknowledgment. The Participant hereby acknowledges receipt of a copy of the Plan. The Participant hereby acknowledges that all decisions, determinations and interpretations of the Board Committee in respect of the Plan, this Agreement and the Option shall be final and conclusive. The Participant further acknowledges that, prior to the existence of a Public MarketQPO, no exercise of the Option or any portion thereof shall be effective unless and until the Participant has executed the Management Stockholders' Shareholders’ Agreement and the Participant hereby agrees to be bound thereby.. * * * * *

Appears in 1 contract

Samples: Director Stock Option Grant Agreement (WP Prism Inc.)

Participant Acknowledgment. The Participant hereby acknowledges receipt of a copy of the Plan. The Participant hereby acknowledges that all decisions, determinations and interpretations of the Board in respect of the Plan, this Agreement and the Option shall be final and conclusive. The Participant further acknowledges that, prior to the existence of a Public MarketAgreement Termination Date, no exercise of the Option or any portion thereof shall be effective unless and until the Participant has executed the Management Stockholders' Agreement and the Participant hereby agrees to be bound thereby.

Appears in 1 contract

Samples: Stock Option Grant Agreement (LVB Acquisition, Inc.)

Participant Acknowledgment. The Participant hereby acknowledges receipt of a copy of the Plan. The Participant hereby acknowledges that all decisions, determinations and interpretations of the Board Committee in respect of the Plan, this Agreement and the Option shall be final and conclusive. The Participant further acknowledges that, prior to the existence of a Public Market, no exercise of the Option or any portion thereof shall be effective unless and until the Participant has executed the Management Stockholders' Unit Holders’ Agreement and the Participant hereby agrees to be bound thereby.

Appears in 1 contract

Samples: Management Equity Incentive Plan (ASC Acquisition LLC)

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