Common use of Surrender of Option Clause in Contracts

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

Appears in 10 contracts

Samples: Non Qualified Stock Option Agreement (Authoriszor Inc), Non Qualified Stock Option Agreement (Authoriszor Inc), Non Qualified Stock Option Agreement (Authoriszor Inc)

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

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Matador Resources Co), Incentive Stock Option Agreement (Matador Resources Co)

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

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Hallwood Group Inc)

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