Term of Options Clause Example with 28 Variations from Business Contracts

This page contains Term of Options clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Term of Options. The term of each Option shall be the term stated in the Option Agreement; provided, however, that the term shall be no more than ten years from the date of grant thereof or such shorter term as may be provided in the Option Agreement and provided further that, in the case of an Incentive Stock Option granted to an Optionee who, at the time the Option is granted, owns stock representing more than 10% of the total combined voting power of all classes of stock of the Company or any Parent or Subsid...iary, the term of the Option shall be five years from the date of grant thereof or such shorter term as may be provided in the Option Agreement. View More
Found in DURECT CORP contract

Variations of a "Term of Options" Clause from Business Contracts

Term of Options. The term of each Option shall be the term stated in the Option Agreement; provided, however, that the term shall be no more than ten (10) years from the date of grant thereof or such shorter term as may be provided in the Option Agreement and provided further that, in thereof. In the case of an Incentive Stock Option granted to an Optionee a Holder who, at the time the Option is granted, owns (or is treated as owning under Code Section 424) stock representing more than 10% ten percent 8. (10%) o...f the total combined voting power of all classes of stock of the Company (or a "parent corporation" or any Parent "subsidiary corporation" thereof within the meaning of Code Sections 424(e) or Subsidiary, 424(f), respectively), the term of the Option shall be five (5) years from the date of grant thereof or such shorter term as may be provided in the Option Agreement. View More
Found in Principia Biopharma Inc. contract
Term of Options. The term of each Option shall be the term stated in the Option Agreement; provided, however, that the term shall be no more than ten (10) years from the date of grant thereof or such shorter term as may be provided in the Option Agreement and provided further that, in thereof. In the case of an Incentive Stock Option granted to an Optionee a Holder who, at the time the Option is granted, owns (or is treated as owning under Code Section 424) stock representing more than 10% ten percent (10%) of t...he total combined voting power of all classes of stock of the Company (or a "parent corporation" or any Parent "subsidiary corporation" thereof within the meaning of Code Sections 424(e) or Subsidiary, 424(f), respectively), the term of the Option shall be five (5) years from the date of grant thereof or such shorter term as may be provided in the Option Agreement. View More
Found in 4 Contracts from 4 Companies
Term of Options. The term of each Option shall be the term stated in the Option Agreement; provided, however, that the term shall be no more than ten (10) years from the date of grant thereof or such shorter term as may be provided in the Option Agreement and provided further that, in thereof. In the case of an Incentive Stock Option granted to an Optionee a Holder who, at the time the Option is granted, owns (or is treated as owning under Section 424 of the Code) stock representing more than 10% ten percent (10...%) of the total combined voting power of all classes of stock of the Company or any Parent "parent corporation" or Subsidiary, "subsidiary corporation" thereof within the meaning of Section 424(e) and 424(f), respectively, of the Code, the term of the Option shall be no more than five (5) years from the date of grant thereof or such shorter term as may be provided in the Option Agreement. View More
Found in LEGALZOOM COM INC contract
Term of Options. The term of each Option shall be the term stated in the Option Agreement; provided, however, that applicable Grant Agreement. In the case of an Incentive Stock Option, the term shall be no more than ten (10) years from the date of grant thereof or such shorter term as may be provided in the Option Agreement and provided further that, applicable Grant Agreement. However, in the case of an Incentive Stock Option granted to an Optionee who, at the time the Incentive Stock Option is granted, owns ow...ns, directly or indirectly, stock representing more than 10% ten percent (10%) of the total combined voting power of all classes of stock of the Company or any Parent or Subsidiary, the term of the Incentive Stock Option shall be five (5) years from the date of grant thereof or such shorter term as may be provided in the Option applicable Grant Agreement. View More
Found in Bel Fuse Inc. contract
Term of Options. The Unless otherwise provided in the applicable Grant Agreement, the term of each Option granted to anyone other than a Consultant shall be the term stated in the Option Agreement; provided, however, that the term shall be no more than ten (10) years from the date of grant thereof and the term of each Option granted to any Consultant shall be five (5) years from the date of grant. In the case of an Incentive Stock Option, the term shall be ten (10) years from the date of grant or such shorter te...rm as may be provided in the Option Agreement and provided further that, applicable Grant Agreement. However, in the case of an Incentive Stock Option granted to an Optionee who, at the time the Incentive Stock Option is granted, owns owns, directly or indirectly, stock representing more than 10% ten percent (10%) of the total combined voting power of all classes of stock of the Company or any Parent or Subsidiary, the term of the Incentive Stock Option shall be five (5) years from the date of grant thereof or such shorter term as may be provided in the Option applicable Grant Agreement. View More
Found in CALADRIUS BIOSCIENCES, INC. contract
Term of Options. The term of each Option shall be the term stated in the Stock Option Agreement; provided, however, that the term shall be no more than ten (10) years from the date of grant thereof thereof. In the case of an Incentive Stock Option granted to a 10% Stockholder, the term of the Option shall be five (5) years from the date of grant or such shorter term as may be provided in the Option Agreement and provided further that, in the case of an Incentive Stock Option granted to an Optionee who, at the ti...me the Option is granted, owns stock representing more than 10% of the total combined voting power of all classes of stock of the Company or any Parent or Subsidiary, the term of the Option shall be five years from the date of grant thereof or such shorter term as may be provided in the Option Agreement. View More
Found in PEGASYSTEMS INC contract
Term of Options. The term of each Option shall be the term stated in the applicable Option Agreement; provided, however, that Agreement. In the case of an Incentive Stock Option, the term shall be no more than ten (10) years from the date of grant thereof or such shorter term as may be provided in the applicable Option Agreement and provided further that, Agreement. However, in the case of an Incentive Stock Option granted to an Optionee who, at the time the Incentive Stock Option is granted, owns owns, directly... or indirectly, stock representing more than 10% ten percent (10%) of the total combined voting power of all classes of stock of the Company or any Parent or Subsidiary, the term of the Incentive Stock Option shall be five (5) years from the date of grant thereof or such shorter term as may be provided in the applicable Option Agreement. View More
Found in 2 Contracts from 2 Companies
Term of Options. The term of each Option shall be the term stated in the Option Agreement; provided, however, that the term shall be no more than ten (10) years from the date of grant thereof or such shorter term as may be provided in the Option Agreement and provided further that, in thereof. In the case of an Incentive Stock Option granted to an Optionee a Participant who, at the time the Option is granted, owns (or is treated as owning under Code Section 424) stock representing more than 10% ten percent (10%)... of the total combined voting power of all classes of stock of the 6 Company or any Parent or Subsidiary, the term of the Option shall be five (5) years from the date of grant thereof or such shorter term as may be provided in the Option Agreement. View More
Found in ROCKET PHARMACEUTICALS, INC. contract
Term of Options. The term of each Option shall be the term stated in the Option Agreement; provided, however, that the term shall be no more than ten (10) years from the date of grant thereof or such shorter term as may be provided in the Option Agreement and provided further that, in thereof. In the case of an Incentive Stock Option granted to an Optionee a Holder who, at the time the Option is granted, owns (or is treated as owning under Code Section 424) stock representing more than 10% ten percent (10%) of t...he total combined voting power of all classes of stock of the Company Corporation or any Parent or Subsidiary, the term of the Option shall be five (5) years from the date of grant thereof or such shorter term as may be provided in the Option Agreement. View More
Found in PRA Health Sciences contract
Term of Options. The term of each Option shall be the term stated in the Option Agreement; provided, however, provided that the term shall be no more than ten years from the date of grant thereof or such shorter term as may be provided in the Option Agreement and provided further that, in the case of an Incentive Stock Option granted to an Optionee who, at the time the Option is granted, owns stock representing more than 10% of the total combined voting power of all classes of stock of the Company or any Parent ...or Subsidiary, the term of the Option shall be five (10) years from the date of grant thereof or such shorter term as may be provided in the Option Agreement. View More
Found in GigCapital2, Inc. contract