Common use of Surrender of Option Clause in Contracts

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

Appears in 5 contracts

Samples: Stock Option Agreement (Solitario Resources Corp.), Non Qualified Stock Option Agreement (Denbury Resources Inc), Denbury Resources Inc

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Surrender of Option. Upon exercise of this Option in part, if requested by the AdministratorOption, the Optionee shall deliver this Option and any other written agreements executed by the Company and the Optionee with respect to this Option to the Administrator Secretary who 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: Incentive Stock Option Agreement (Tor Minerals International Inc), Incentive Stock Option Agreement (Tor Minerals International Inc)

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

Appears in 1 contract

Samples: Stock Option Agreement (Firstplus Financial Group Inc)

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

Appears in 1 contract

Samples: Capital Senior Living Corp

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

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Tor Minerals International Inc)

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Surrender of Option. Upon exercise of If this Option is exercised in partpart by Advisor, Advisor shall, if requested by the Administratorrequested, 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 Administrator who shall endorse or cause Company to be endorsed thereon with a notation of such exercise and return all agreements returned to the OptioneeAdvisor.

Appears in 1 contract

Samples: Stock Option Agreement (Sand Hill It Security Acquisition Corp)

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

Appears in 1 contract

Samples: Stock Option Agreement (Firstplus Financial Group Inc)

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