Example ContractsClausesexercise of optionVariants
Exercise of Option
Exercise of Option contract clause examples

No Obligation to Exercise Option. The grant and acceptance of this option imposes no obligation on the Employee to exercise it.

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No Obligation to Exercise Option. The grant and acceptance of this option imposes no obligation on the Participant to exercise it.

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No Obligation to Exercise Option. The granting of an Option shall impose no obligation on the Participant to exercise such Option.

Source document

NO OBLIGATION TO EXERCISE OPTION. The granting of an option shall not impose any obligation upon the optionee to exercise such option.

Source document

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