Example ContractsClausesacceptance of terms and conditionsVariants
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Acceptance of Option Terms and Conditions. A Participant has until the end of the one hundred twenty (120) day period beginning from the Grant Date of this option to accept this Award Agreement. If the Participant does not accept this Award Agreement on or before the end of such one hundred twenty (120) day period, then the grant of the right and option to purchase the shares of Common Stock of the Corporation, as set forth in [Section 1], shall not be binding on and shall be voidable by the Corporation, in which case it shall have no further force or effect.

Acceptance of Option Terms and Conditions. A Participant has until the end of the one hundred twenty (120)ninety (90) day period beginning from the Grant Date of this option to accept this Award Agreement. If the Participant does not accept this Award Agreement on or before the end of such one hundred twenty (120)ninety (90) day period, then the grant of the right and option to purchase the shares of Common Stock of the Corporation, as set forth in [Section 1], shall not be binding on and shall be voidable by the Corporation, in which case it shall have no further force or effect. Further, as set forth in the fourth paragraph of [Section 2(a)], the Award will be forfeited if the Participant does not accept any restrictive covenant agreement presented to the Participant by the end of the period noted in [Section 2(a)].

Acceptance of OptionAward Terms and Conditions. A Participant has until the end of the one hundred twenty (120) day period beginning from the Grant Date of this optionAward to accept this Award Agreement. If the Participant does not accept this Award Agreement on or before the end of such one hundred twenty (120) day period,period then the grant of the right and option to purchase the shares of Common Stock of the Corporation,Award, as set forth in [Section 1], shall not be binding on and shall be voidable by the Corporation, in which case it shall have no further force or effect.

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