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Common use of Obligation to Exercise Clause in Contracts

Obligation to Exercise. Employee shall have no obligation to exercise this Option in whole or in part.

Appears in 6 contracts

Sources: Non Statutory Stock Option Agreement (Apollo Education Group Inc), Non Statutory Stock Option Agreement (Apollo Group Inc), Non Statutory Stock Option Agreement (Apollo Group Inc)

Related Clauses

  • Election to Exercise
  • No Obligation to Exercise Option
  • Right to Exercise
  • Failure to Exercise
  • FORM OF ELECTION TO EXERCISE

Parent Clauses

  • Miscellaneous
  • Amendment and Exercise of the Initial Warrants
  • Exercise of Warrant
  • RECITALS
  • Counterparts
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