Term of Options Clause Example from Business Contracts

This example Term of Options clause appears in 4 contracts from 4 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 a Holder who, at the time the Option is granted, owns (or is treated as owning under Code Section 424) stock representing more than ten percent (10%) of the voting power of all classes of stock of the Company (or a "parent corporation" or "subsidiary corporation" thereof within th...e meaning of Code Sections 424(e) or 424(f), respectively), 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. View More
Found in Imago BioSciences, Inc. contract
Imago BioSciences, Inc. Contracts

2012 Equity Incentive Plan, as amended (Filed With SEC on June 25, 2021)

Gritstone Oncology, Inc. Contracts

2015 Equity Incentive Plan, as amended (Filed With SEC on August 23, 2018)

EVIO, INC. Contracts

Amended and Restated 2015 Equity Incentive Plan (See Exhibit 10.2) (Filed With SEC on February 24, 2017)

GB SCIENCES INC Contracts

GROWBLOX SCIENCES, INC. 2014 EQUITY INCENTIVE PLAN Adopted November 3, 2014 (Filed With SEC on December 23, 2014)