No Obligation to Exercise Option Clause Example with 4 Variations from Business Contracts

This page contains No Obligation to Exercise Option clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
No Obligation to Exercise Option. The granting of the Option shall impose no obligation upon the Grantee to exercise the Option.

Variations of a "No Obligation to Exercise Option" Clause from Business Contracts

No Obligation to Exercise Option. The granting of the an Option shall impose no obligation upon the Grantee Participant to exercise the such Option.
No Obligation to Exercise Option. The granting of the an Option shall impose no obligation upon the Grantee Optionee to exercise the such Option.
No Obligation to Exercise Option. The granting of the Option shall impose no obligation upon the Grantee Participant to exercise the Option.
No Obligation to Exercise Option. The granting of the this Option shall impose no obligation upon the Grantee to exercise the this Option.