Option Term Clause Example from Business Contracts

This example Option Term clause appears in 2 contracts from 1 company

Option Term. This option shall have a maximum term of ten (10) years measured from the Grant Date and shall accordingly expire at the close of business on the Expiration Date, unless sooner terminated in accordance with Paragraph 5 of this Agreement or the provisions of the Plan.
Found in Eloxx Pharmaceuticals, Inc. contract
Eloxx Pharmaceuticals, Inc. Contracts

Performance Stock Option Grant Notice and Stock Option Agreement (Inducement Grant) between Eloxx Pharmaceuticals, Inc. and Robert E. Ward, dated March 5, 2018 (Filed With SEC on March 16, 2018)

Stock Option Grant Notice and Stock Option Agreement (Inducement Grant) between Eloxx Pharmaceuticals, Inc. and Robert E. Ward, dated March 5, 2018 (Filed With SEC on March 16, 2018)