Who May Exercise Clause Example with 10 Variations from Business Contracts

This page contains Who May Exercise 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.
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant, the Stock Option may be exercised only by the Participant, or by the Participant's guardian or personal or legal representative. If the Participant's Termination of Service is due to his death prior to the dates specified in Section 4.a. hereof, and the Participant has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 hereof as... of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant at any time prior to the earliest of the dates specified in Section 4.a. hereof: the personal representative of his estate, or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and Applicable Laws, rules, and regulations. 2 6. No Fractional Shares. The Stock Option may be exercised only with respect to full shares, and no fractional share of stock shall be issued. View More

Variations of a "Who May Exercise" Clause from Business Contracts

Who May Exercise. Subject to the terms and conditions set forth in Sections 2 and 3 and 4 above, during the lifetime of the Participant, Optionee, the Stock Option may be exercised only by the Participant, Optionee, or by the Participant's Optionee's guardian or personal or legal representative. If the Participant's Termination Optionee's termination of Service service is due to his death prior to the dates specified in Section 4.a. 3.a. hereof, and the Participant Optionee has not exercised the Stock Option as t...o the maximum number of vested Optioned Shares as set forth in Section 3 2 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant Optionee at any time prior to the earliest of the dates specified in Section 4.a. 3.a. hereof: the personal representative of his estate, or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; Optionee; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and Applicable Laws, applicable laws, rules, and regulations. 2 6. No Fractional Shares. The Stock Option may be exercised only with respect to full shares, and no fractional share of stock shall be issued. View More
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant, Optionee, the Stock Option may be exercised only by the Participant, Optionee, or by the Participant's Optionee's guardian or personal or legal representative. If the Participant's Optionee's Termination of Service is due to his death prior to the dates specified in Section 4.a. 4 hereof, and the Participant Optionee has not exercised the Stock Option as to the maximum number of veste...d Optioned Shares as set forth in Section 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant Optionee at any time prior to the earliest of the dates specified in Section 4.a. 4 hereof: the personal representative of his estate, estate or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; Optionee; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, Agreement and Applicable Laws, all applicable laws, rules, and regulations. 2 6. No Fractional Shares. The Stock Option may be exercised only with respect to full shares, and no fractional share of stock shall be issued. View More
Who May Exercise. Subject to the terms and conditions set forth in Sections 2 and 3 and 4 above, during the lifetime of the Participant, Optionee, the Stock Option may be exercised only by the Participant, Optionee, or by the Participant's Optionee's guardian or personal or legal representative. If the Participant's Termination Optionee's termination of Service service is due to his death prior to the dates specified in Section 4.a. 3 hereof, and the Participant Optionee has not exercised the Stock Option as to t...he maximum number of vested Optioned Shares as set forth in Section 3 2 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant Optionee at any time prior to the earliest of the dates specified in Section 4.a. 3 hereof: the personal representative of his estate, or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; Optionee; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and Applicable Laws, applicable laws, rules, and regulations. 2 6. No Fractional Shares. The Stock Option may be exercised only with respect to full shares, and no fractional share of stock shall be issued. View More
Who May Exercise. Subject to the terms and conditions set forth in Sections 2 and 3 and 4 above, during the lifetime of the Participant, Optionee, the Stock Option may be exercised only by the Participant, Optionee, or by the Participant's Optionee's guardian or personal or legal representative. If the Participant's Termination Optionee's termination of Service service is due to his death prior to the dates specified in Section 4.a. 3.a. hereof, and the Participant Optionee has not exercised the Stock Option as t...o the maximum number of vested Optioned Shares as set forth in Section 3 2 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant Optionee at any time prior to the earliest of the dates specified in Section 4.a. 3.a. hereof: the personal representative of his estate, or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; Optionee; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and Applicable Laws, applicable laws, rules, and regulations. 2 6. 5. No Fractional Shares. The Stock Option may be exercised only with respect to full shares, and no fractional share of stock shall be issued. View More
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant, the Stock Option may be exercised only by the Participant, or by the Participant's guardian or personal or legal representative. representative, or by any transferee as permitted under Section 8 herein. If the Participant's Termination of Service is due to his death prior to the date specified in Section 4(a) hereof, or the Participant dies prior to the termination dates specified in ...Section 4.a. Sections 4(a) - (c) hereof, and the Participant has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant at any time prior to the earliest of the dates specified in Section 4.a. 4 hereof: the personal representative of his estate, or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; Participant or a transferee as permitted in Section 8 herein; provided that the Stock Option shall remain subject to the other terms of this Agreement, Section 15.6 of the Plan, Plan and Applicable Laws, applicable laws, rules, and regulations. 2 6. No Fractional Shares. The Stock Option may be exercised only with respect to full shares, and no fractional share of stock shall be issued. View More
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant, Optionee, the Stock Option may be exercised only by the Participant, Optionee, or by the Participant's Optionee's guardian or personal or legal representative. If the Participant's Optionee's Termination of Service is due to his death prior to the dates specified in Section 4.a. hereof, and the Participant Optionee has not exercised the Stock Option as to the maximum number of vested ...Optioned Shares as set forth in Section 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant Optionee at any time prior to the earliest of the dates specified in Section 4.a. hereof: the personal representative of his estate, or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; Optionee; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, Agreement and Applicable Laws, rules, and regulations. 2 4 6. No Fractional Shares. The Stock Option may be exercised only with respect to full shares, and no fractional share of stock shall be issued. View More
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant, the Stock Option may be exercised only by the Participant, or by the Participant's guardian or personal or legal representative. If the Participant's Termination of Service is due to his his/her death prior to the dates date specified in Section 4.a. hereof, or Participant dies prior to the termination dates specified in Sections 4.a., b., c. or d. hereof, and the Participant has not ...exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant at any time prior to the earliest of the dates specified in Section 4.a. 4 hereof: the personal representative of his his/her estate, or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and Applicable Laws, applicable laws, rules, and regulations. 2 6. No Fractional Shares. The Stock Option may be exercised only with respect to full shares, and no fractional share of stock shall be issued. View More
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant, the Stock Option may be exercised only by the Participant, or by the Participant's guardian or personal or legal representative. If the Participant's Termination of Participant ceases to be a Service is Provider due to his death prior to the dates specified in Section 4.a. hereof, and the Participant has not exercised the Stock Option as to the maximum number of vested Optioned Shares... as set forth in Section 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant at any time prior to the earliest of the dates specified in Section 4.a. hereof: the personal representative of his estate, estate or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; Participant, provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and Applicable Laws, all applicable laws, rules, and regulations. 2 6. No Fractional Shares. The Stock Option may be exercised only with respect to full shares, and no fractional share of stock shall be issued. View More
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant, the Stock Option may be exercised only by the Participant, or by the Participant's guardian or personal or legal representative. If the Participant's Termination of Service is due to his death prior to the dates specified in Section 4.a. hereof, and the Participant has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section 3 hereof as... of the date of death, the following persons personal representative of such Participant's estate may exercise the exercisable portion of the Stock Option on behalf of the Participant at any time prior to the earliest of the dates specified in Section 4.a. hereof: the personal representative of his estate, or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; hereof; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and Applicable Laws, rules, and regulations. 2 6. No Fractional Shares. The Stock Option may be exercised only with respect to full shares, and no fractional share of stock shall be issued. View More
Who May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant, the Stock Option may be exercised only by the Participant, or by the Participant's guardian or personal or legal representative. If the Participant's Termination of Service is due to his or her death prior to the dates specified in Section 4.a. 4(a) hereof, and the Participant has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth in Section... 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock Option on behalf of the Participant at any time prior to the earliest of the dates specified in Section 4.a. 4(a) hereof: the personal representative of his or her estate, or the person who acquired the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Participant; provided that the Stock Option shall remain subject to the other terms of this Agreement, the Plan, and Applicable Laws, rules, and regulations. 2 6. No Fractional Shares. The Stock Option may be exercised only with respect to full shares, and no fractional share of stock shall be issued. View More