Term of Options Clause Example from Business Contracts

This example Term of Options clause appears in 9 contracts from 8 companies

Term of Options. The term of each Option shall be the term stated in the Option Agreement; 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 a person who at the time of such grant is a Ten Percent Holder, 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 Agree...ment. View More
Restoration Robotics, Inc. Contracts

2005 Stock Plan (Filed With SEC on September 1, 2017)