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Common use of Exercise by Optionee Clause in Contracts

Exercise by Optionee. The Option shall only be exercisable by the Optionee and by any transferee who has received such Option pursuant to Section 9.

Appears in 2 contracts

Sources: Option Agreement (Brigham Exploration Co), Option Agreement (Brigham Exploration Co)

Related Clauses

  • Notice to Allow Exercise by Holder
  • Notice to Allow Exercise by ▇▇▇▇▇▇
  • Notice to Allow Exercise by H▇▇▇▇▇
  • Exercise of Call Option
  • Initial Exercise Price; Exercise of Rights; Detachment of Rights

Parent Clauses

  • Restrictions on Exercise
  • Exercise of Option
  • VESTING AND EXERCISE OF OPTION
  • Transfer or Assignment of Option and Underlying Shares
  • Exercise
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