Examples of Management Stock Option Agreement in a sentence
The terms and conditions of the Options, including those described in this Section 4(c), and the right of Parent to purchase vested Options from Executive under certain circumstances, will be set forth in a separate Management Stock Option Agreement, substantially in the form attached hereto as Exhibit C, to be entered into by and between Executive and Parent at the time that such Options are granted.
Moreover, according to SIRVA’s Stock Incentive Plan, performance stock options do not vest until the Company achieves the EBITA target specified in the Management Stock Option Agreement evidencing such incentive award.
Neither this Management Stock Option Agreement nor any right, remedy, obligation or liability arising hereunder or by reason hereof shall be assignable by the Company or the Grantee without the prior written consent of the other parties.
Form of Management Stock Option Agreement under the 2005 SIC Plan (ef ective December 15, 2009).
This Management Stock Option Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original and all of which together shall constitute one and the same instrument.
Except as provided in the preceding sentence, no action taken pursuant to this Management Stock Option Agreement, including, without limitation, any investigation by or on behalf of any party or beneficiary, shall be deemed to constitute a waiver by the party or beneficiary taking such action of compliance with any representations, warranties, covenants or agreements contained herein.
Form of Management Stock Option Agreement under the 2005 SIC Plan.
The Board shall have full power and discretion to construe and interpret the Plan (and any rules and regulations issued thereunder) and this Management Stock Option Agreement.
This Management Stock Option Agreement shall be binding upon and inure to the benefit of the parties to this Management Stock Option Agreement and their respective successors and assigns.
All of the powers, duties and responsibilities of the Board specified in this Management Stock Option Agreement may, to the full extent permitted by applicable law, be exercised and performed by any duly constituted committee thereof to the extent authorized by the Board to exercise and perform such powers, duties and responsibilities.