Term of Options Clause Example from Business Contracts

This example Term of Options clause appears in 28 contracts from 22 companies

Term of Options. The term of each Option shall be stated in the Option Agreement; provided, however, that the term shall be no more than ten (10) years from the date of grant thereof. 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 ten percent (10%) of the 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 or such shorter ter...m as may be provided in the Option Agreement. View More
MULESOFT, INC Contracts

MULESOFT, INC 2006STOCK PLAN (Filed With SEC on February 17, 2017)