Common use of Obligation to Exercise Clause in Contracts

Obligation to Exercise. Participant will have no obligation to exercise any Option granted by this Award Agreement.

Appears in 9 contracts

Sources: Non Qualified Stock Option Award Agreement (Worthington Steel, Inc.), Incentive Stock Option Award Agreement, Nonqualified Stock Option Award Agreement

Obligation to Exercise. Participant will The Optionee shall have no obligation to exercise any Option granted by this Award Agreement.

Appears in 1 contract

Sources: Incentive Stock Option Award Agreement (Acies Acquisition Corp.)