Common use of Plan Acknowledgement Clause in Contracts

Plan Acknowledgement. Each of the undersigned agree that this Agreement has been executed and delivered, and the Option has been granted hereunder, in connection with and as a part of the compensation and incentive arrangements between the Company and Participant and, except as otherwise specified herein, pursuant to, and subject to each of the terms and conditions of the Plan and the Securities Holders Agreement, and the Participant agrees to be bound by, and comply with, the terms of the Plan and the Securities Holders Agreement. Capitalized terms used in this Agreement and not defined shall have the meanings ascribed thereto in the Plan or , if no meaning is ascribed thereto in the Plan, the meaning ascribed thereto in the Securities Holders Agreement.

Plan Acknowledgement. Each of the undersigned agree that this Agreement has been executed and delivered, and the Option has been granted hereunder, in connection with and as a part of the compensation and incentive arrangements between the Company and Participant and, except as otherwise specified herein, pursuant to, and subject to each of the terms and conditions of the Plan and the Securities Holders Agreement, and the Participant agrees to be bound by, and comply with, the terms of the Plan and the Securities Holders Agreement. Capitalized terms used in this Agreement and not defined shall have the meanings ascribed thereto in the Plan or or, if no meaning is ascribed thereto in the Plan, the meaning ascribed thereto in the Securities Holders Agreement.