Common use of Optionee Bound by Plan Clause in Contracts

Optionee Bound by Plan. Optionee hereby acknowledges receipt of a copy of the Plan and agrees to be bound by all the terms and provisions thereof Except as provided in Section 5 hereof, in the event any of the terms of this Agreement are deemed to conflict with any of the terms of the Plan, the terms of the Plan shall prevail.

Appears in 6 contracts

Sources: Incentive Stock Option Agreement (Success Development International Inc), Incentive Stock Option Agreement (Success Development International Inc), Incentive Stock Option Agreement (Success Development International Inc)

Optionee Bound by Plan. The Optionee hereby acknowledges receipt of a copy of the Plan and agrees to be bound by all the terms and provisions thereof Except as provided in Section 5 hereof, in thereof. To the event any of extent that the terms of this Agreement or of any Option Grant Notice are deemed to conflict inconsistent with any of the terms of the Plan, the terms of the Plan shall prevailgovern.

Appears in 2 contracts

Sources: Incentive Stock Option Agreement (Hudson Valley Holding Corp), Incentive Stock Option Agreement (Hudson Valley Holding Corp)