Common use of The Stock Option Agreement Clause in Contracts

The Stock Option Agreement. As an inducement and condition to Grantee's willingness to enter into the Merger Agreement, and in consideration thereof, the board of directors of Issuer has approved the grant to Grantee of the Option pursuant to this Agreement and the acquisition of Common Stock (as defined below) by Grantee pursuant to this Agreement; provided, that such grant was expressly conditioned upon, and made to have no effect until after, execution and delivery by Issuer, Grantee and Merger Sub of the Merger Agreement.

Appears in 3 contracts

Samples: Stock Option Agreement (Amoco Corp), Stock Option Agreement (Bp Amoco PLC), Stock Option Agreement (Atlantic Richfield Co /De)

The Stock Option Agreement. As an inducement and condition to -------------------------- Grantee's willingness to enter into the Merger Agreement, and in consideration thereof, the board of directors of Issuer has approved the grant to Grantee of the Option pursuant to this Agreement and the acquisition of Common Stock (as defined below) by Grantee pursuant to this Agreement; provided, that such grant -------- was expressly conditioned upon, and made to have no effect until after, execution and delivery by Issuer, Issuer and Grantee and Merger Sub of the Merger Agreement.

Appears in 3 contracts

Samples: Stock Option Agreement (Rental Service Corp), Stock Option Agreement (Nationsrent Inc), Stock Option Agreement (Nationsrent Inc)

The Stock Option Agreement. As an inducement and condition to Grantee's willingness to enter into the Merger Combination Agreement, and in consideration thereof, the board of directors of Issuer has approved the grant to Grantee of the Option pursuant to this Agreement and the acquisition of Common Stock (as defined below) by Grantee pursuant to this Agreement; provided, that such grant was expressly conditioned upon, and made to have no effect until after, execution and delivery by Issuer, Grantee and Merger Sub of the Merger Agreement.

Appears in 2 contracts

Samples: BNSF Stock Option Agreement (Burlington Northern Santa Fe Corp), Cn Stock Option Agreement (Burlington Northern Santa Fe Corp)