Amendment to Option Agreement Sample Clauses

Amendment to Option Agreement. The Option Agreement is hereby amended as follows: Section 3(a) of the Option Agreement is hereby deleted in its entirety and replaced with the following:
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Amendment to Option Agreement. Holdings and Executive shall amend that certain Option Agreement, dated as of November 27, 2002, as amended by that certain Option Agreement Amendment, dated January 16, 2003, each between Holdings and Executive (as amended, the "Option Agreement") to provide:
Amendment to Option Agreement. Each Key Employee shall have delivered to Parent an executed Amendment to Option Agreement in the form of Exhibit F, which shall be in full force and effect. (m)
Amendment to Option Agreement. The Option Holder hereby consents, in accordance with Section 11 and Section 13 of the Option Agreement, to the following amendments of the Option Agreement:
Amendment to Option Agreement. The Notice of Stock Option Grant and Option Agreement dated November 2, 2001 (the “Option Agreement” and the underlying stock option, the “Option”) between the Company and Optionee is hereby amended as follows:
Amendment to Option Agreement. In accordance with Section 12 of the Option Agreement, the Company and Optionee hereby agree to amend the Option Agreement as follows:
Amendment to Option Agreement. The Lender shall have received a duly executed Third Amendment to Option Agreement, in the form attached hereto as Exhibit D.
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Amendment to Option Agreement. By executing this Agreement, the Company and Optionee hereby agree and acknowledge that Section 1 of the Option Agreement is hereby replaced in its entirety with the following:
Amendment to Option Agreement. 1.1 The existing language of Section 3 of the Option Agreement shall be deleted in its entirety, and, in lieu thereof, the following language shall be inserted:
Amendment to Option Agreement. (a) Section I(c) of the Option Agreement is hereby amended to read in full as follows: “In addition, notwithstanding the foregoing, the portion (the “Time-Based Portion”) of the Option described in subsection (a)(1)(C) above, to the extent not previously vested or terminated shall be vested on the sixth anniversary of the Vesting Measurement Date (the “Time-Based Vesting Date”); provided that the Participant has remained continuously employed with the Company or an Affiliate through such Date. The vesting of the Time-Based Portion is subject to acceleration as provided in Section I(g).”
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