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, provided 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 the case of an Incentive Stock Option granted to an Optionee who, a person who at the time the Option of such grant is granted, owns stock representing more than 10% of the total combined voting power of all classes of sto...ck of the Company or any Parent or Subsidiary, a Ten Percent Holder, 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. -6- 8. [Reserved.] View More
Found in 3 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 who, at the time the Option is granted, actually or constructively, as defined in regulations adopted under the Code, owns stock representing more than 10% te...n 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 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 CHANNELADVISOR CORP 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 (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 the case of an Incentive Stock Option granted to an Optionee who, a person who at the time the Option of such grant is granted, owns stock representing more than 10% of the total combined voting power of all classes of sto...ck of the Company or any Parent or Subsidiary, a Ten Percent Holder, 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. 8 8. Reserved. View More
Found in ZOOSK, INC contract
Term of Options. The term of each Option shall be the term stated in the 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 Option Agreement and provided further that, Agreement. Moreover, in the case of an Incentive Stock Option granted to an Optionee who, at the time the Incentive Stock Option is granted, owns stock representing more than 10% te...n 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 Agreement. View More
Found in 6 Contracts from 3 Companies
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 seven (7) 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, a person who at the time the Option of such grant is granted, owns stock representing more than 10% of the total combined voting power of all classes o...f stock of the Company or any Parent or Subsidiary, a Ten Percent Holder, 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 Atlassian Corp 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 (10) years from the date of grant thereof or such shorter term as may be provided in the Option Agreement Agreement; and provided further provided, further, that, in the case of an Incentive Stock Option granted to an Optionee who, a person who at the time the Option of such grant is granted, owns stock representing more than 10% of the total combined voti...ng power of all classes of stock of the Company or any Parent or Subsidiary, a Ten Percent Holder, 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 2 Contracts from 2 Companies
Term of Options. The term of each Option shall be the term stated in the Stock 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 Stock Option Agreement and provided further that, in the case of an Incentive Stock Option granted to an Optionee who, a person who at the time the Option of such grant 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, a Ten Percent Holder, the term of the Option shall be no more than five years from the date of grant thereof or such shorter term as may be provided in the Stock Option Agreement. View More
Found in PureBase Corp 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 (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 the case of an Incentive Stock Option granted to an Optionee who, a person who at the time the Option of such grant is granted, owns stock representing more than 10% of the total combined voting power of all classes of sto...ck of the Company or any Parent or Subsidiary, a Ten Percent Holder, 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 24 Contracts from 18 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 who, at the time the Option is 5 granted, owns stock representing more than 10% ten percent (10%) of the total combined voting power of all classes of stock o...f the 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 2 Contracts from TrueCar, Inc.
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 who, at the time the Option is granted, owns 4 stock representing more than 10% ten percent (10%) of the total combined voting power of all classes of stock o...f the 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 CATALYST BIOSCIENCES, INC. contract