Common use of No Obligation to Exercise Options Clause in Contracts

No Obligation to Exercise Options. The issuance and acceptance of Options pursuant to this Agreement do not impose any obligation on the Participant to exercise them.

Appears in 1 contract

Sources: Substitute Award Agreement (Teva Pharmaceutical Industries LTD)

No Obligation to Exercise Options. The issuance grant and acceptance of Options pursuant to this Agreement do not impose any obligation on the Participant to exercise them.,

Appears in 1 contract

Sources: Award Agreement (Teva Pharmaceutical Industries LTD)