No Obligation to Exercise. The granting of an Option or Stock Appreciation Right shall impose no obligation upon the Participant to exercise such Option or Stock Appreciation Right.
Appears in 7 contracts
Sources: 2017 Equity Incentive Plan (Cardiovascular Systems Inc), 2016 Equity Incentive Plan (Nuvel Holdings, Inc.), Equity Incentive Plan (Nuvel Holdings, Inc.)
No Obligation to Exercise. The granting of an Option or Stock Appreciation Right shall impose no obligation upon the Participant optionee to exercise such Option or Stock Appreciation Right.
Appears in 1 contract
Sources: Stock Option Plan and Trust Agreement (First Community Financial Corp /Nc/)
No Obligation to Exercise. The granting of an Option or Stock Appreciation Right shall impose imposes no obligation upon the Participant to exercise such Option or Stock Appreciation Right.
Appears in 1 contract
Sources: Equity Incentive Plan (Arts Way Manufacturing Co Inc)