Common use of Surrender of Option Clause in Contracts

Surrender of Option. Upon exercise of this Option in part, if requested by the Company, the Optionee shall deliver this Option Agreement and any other written agreements executed by the Company and the Optionee with respect to this Option to the Company which shall endorse or cause to be endorsed thereon a notation of such exercise and return all agreements to the Optionee.

Appears in 14 contracts

Samples: Nonqualified Stock Option Agreement (Firstplus Financial Group Inc), Nonqualified Stock Option Agreement (Firstplus Financial Group Inc), Nonqualified Stock Option Agreement (Firstplus Financial Group Inc)

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Surrender of Option. Upon exercise of this Option in part, if ------------------- requested by the Company, the Optionee shall deliver this Option Agreement and any other written agreements executed by the Company and the Optionee with respect to this Option to the Company which who shall endorse or cause to be endorsed thereon a notation of such exercise and return all agreements to the Optionee.

Appears in 9 contracts

Samples: Nonincentive Stock Option Agreement (Polyphase Corp), Nonincentive Stock Option Agreement (Polyphase Corp), Nonincentive Stock Option Agreement (Polyphase Corp)

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Surrender of Option. Upon exercise of this Option in part, if requested by the Company, the Optionee shall deliver this Option Agreement and any other written agreements executed by the Company and the Optionee with respect to this Option to the Company, and the Company which shall endorse or cause to be endorsed thereon a notation of such exercise and return all agreements to the Optionee.

Appears in 2 contracts

Samples: Director Nonqualified Stock Option Agreement (Matrix Bancorp Inc), Nonqualified Stock Option Agreement (Matrix Bancorp Inc)

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