Common use of Proof of Representation Clause in Contracts

Proof of Representation. If notice of the exercise of this option is given by a person or persons other than you, the submission of appropriate proof of the right of such person or persons to exercise this Option will be required as a condition to the exercise of this Option.

Appears in 4 contracts

Sources: Nonqualified Stock Option Agreement (Speed Commerce, Inc.), Employee Nonqualified Stock Option Agreement (Speed Commerce, Inc.), Executive Employment Agreement (Navarre Corp /Mn/)

Proof of Representation. If notice of the exercise of this option is given by a person or persons other than you, the Company may require, as a condition to the exercise of this Option, the submission to the Company of appropriate proof of the right of such person or persons to exercise this Option will be required as a condition to the exercise of this Option.

Appears in 2 contracts

Sources: Incentive Stock Option Agreement (Navarre Corp /Mn/), Nonemployee Director Stock Option Agreement (Navarre Corp /Mn/)