Common use of Right of Exercise Clause in Contracts

Right of Exercise. This Option is exercisable at any time during the term of this Option Agreement, in whole or in part, to acquire those Shares that have vested in accordance with this Option Agreement; PROVIDED, HOWEVER, that this Option may only be exercisable to acquire whole shares of Common Stock.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Texoil Inc /Nv/), Non Qualified Stock Option Agreement (Texoil Inc /Nv/), Non Qualified Stock Option Agreement (Texoil Inc /Nv/)

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Right of Exercise. This Option is exercisable at any time during ------------------- the term of this Option Agreement, in whole or in part, to acquire those Shares that have vested in accordance with this Option Agreement; PROVIDEDprovided, HOWEVER, however; that this Option may only be exercisable to acquire whole shares of Common Stock.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Battle Mountain Gold Exploration Corp.), Non Qualified Stock Option Agreement (Battle Mountain Gold Exploration Corp.)

Right of Exercise. This Option is The Options are exercisable at any time during the term ----------------- of this Option Agreement, in whole or in part, to acquire those Shares that have vested in accordance with this Option Agreement; PROVIDEDprovided, HOWEVERhowever, that this Option may only be exercisable to acquire whole shares of Common Stock.

Appears in 1 contract

Samples: Comdata Payment Services (Pinnacle Business Management Inc /Nv/)

Right of Exercise. This Option is exercisable at any time ----------------- during the term of this Option Agreement, in whole or in part, to acquire those Shares that have vested in accordance with this Option Agreement; PROVIDEDprovided, HOWEVERhowever, that this Option may only be exercisable to acquire whole shares of Common Stock.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Century Maintenance Supply Inc)

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Right of Exercise. This Option is The Options are exercisable at any time during the term of this Option Agreement, in whole or in part, to acquire those Shares that have vested in accordance with this Option Agreement; PROVIDEDprovided, HOWEVERhowever, that this Option may only be exercisable to acquire whole shares of Common Stock.

Appears in 1 contract

Samples: Stock Option Agreement (Pinnacle Business Management Inc)

Right of Exercise. This Stock Option is exercisable at any time during the term of this Stock Option Agreement, in whole or in part, to acquire those Shares that shares which have vested in accordance with this Stock Option Agreement; PROVIDEDprovided, HOWEVERhowever, that this Option may only be exercisable to acquire whole shares of Common Stock.

Appears in 1 contract

Samples: Stock Option Agreement (Reunion Industries Inc)

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