Company Participant Clause Example from Business Contracts

Company Participant. (a) The term "Company" as used in this Option Agreement with reference to employment or service shall include the Board, the Company and its Subsidiaries. (b) Whenever the word "Participant" is used in any provision of this Option Agreement under circumstances where the provision should logically be construed to apply to the executors, the administrators, or the person or persons to whom the Options may be transferred by will or by the laws of descent and distribution, the word "Participant" sha...ll be deemed to include such person or persons. View More