Additional Limitations On Options Contract Clauses (16)

Grouped Into 1 Collection of Similar Clauses From Business Contracts

This page contains Additional Limitations On Options clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Additional Limitations On Options. (a) Maximum Duration of Options. No Options granted to California Optionees will be granted for a term in excess of ten (10) years. (b) Minimum Exercise Period Following Termination. Unless a California Optionee's employment or service relationship is terminated for Cause (as defined in the Investors Agreement), in the event of termination of such Optionee's employment or service relationship, to the extent required by applicable law, he or she shall have the right to exercise an Option, to the ...extent that he or she was otherwise entitled to exercise such Option on the date employment terminated, as follows: (i) at least six (6) months from the date of termination, if termination was caused by such Optionee's death or Disability (as defined in the Investors Agreement) and (ii) at least thirty (30) days from the date of termination, if termination was caused other than by such Optionee's death or Disability. (c) The terms of all Options granted to California Optionees shall comply, to the extent applicable, with Section 260.140.41 or Section 260.140.42 of the California Code of Regulations. View More
Found in Sunnova Energy International Inc. contract
Additional Limitations On Options. (a) Maximum Duration of Options. No Options granted to California Optionees will be granted for a term in excess of ten (10) years. (b) Minimum Exercise Period Following Termination. Unless a California Optionee's employment or service relationship termination of Service is terminated for Cause (as defined in the Investors Agreement), Cause, in the event of a termination of such Optionee's employment or service relationship, Service, to the extent required by applicable law, he or she shall have... the right to exercise an Option, to the extent that he or she was otherwise entitled to exercise such Option on the date employment terminated, as follows: (i) at least six (6) months from the date of termination, if termination was caused by such Optionee's death or Disability (as defined in the Investors Agreement) and (ii) at least thirty (30) 30 days from the date of termination, if termination was caused other than by such Optionee's death or Disability. (c) The terms of all Options granted to California Optionees shall comply, to the extent applicable, with Section 260.140.41 or Section 260.140.42 of the California Code of Regulations. View More
Found in Mission Produce, Inc. contract
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