Who May Exercise the Option. Only the Optionee (or, in the case of exercise after death of the Optionee, by the executor, administrator, heir, or legatee of the Optionee, as the case may be) may exercise this Option.
Appears in 4 contracts
Sources: Nonqualified Stock Option Agreement (Premierwest Bancorp), Incentive Stock Option Agreement (Premierwest Bancorp), Incentive Stock Option Agreement (Lithia Motors Inc)
Who May Exercise the Option. Only the Optionee (or, in the case of exercise after death of the Optionee, by the executor, administrator, heir, or legatee of the Optionee, as the case may be) or the Permitted Transferee may exercise this the Option.
Appears in 2 contracts
Sources: Nonqualified Stock Option Agreement (Umpqua Holdings Corp), Nonqualified Stock Option Agreement (Umpqua Holdings Corp)