Term of Options Clause Example with 4 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. Subject to Sections 5, 6 and 7, the Employee may exercise all or a portion of the vested Option at any time prior to the 10th anniversary of the Grant Date (the "Expiration Date"); provided that the Option may be exercised with respect to whole Shares only. In no event shall the Option be exercisable on or after the Expiration Date. To the extent the Option is not exercised prior to the Expiration Date (or any earlier expiration of the Option pursuant to Sections 5, 6 and 6), it shall be cancele...d and forfeited. View More
Found in Abbott Laboratories contract

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

Term of Options. Subject to Sections 5, 6 and 7, the Employee The Director may exercise all or a portion of the vested Option at any time prior to the 10th anniversary of the Grant Date (the "Expiration Date"); provided that the Option may be exercised with respect to whole Shares only. In no event shall the Option be exercisable on or after the Expiration Date. To the extent the Option is not exercised prior to the Expiration Date (or any earlier expiration of the Option pursuant to Sections 5, 6 and 6), Date, ...it shall be canceled and forfeited. View More
Found in Abbott Laboratories contract
Term of Options. Subject to Sections 5, 6 5 and 7, 6, the Employee may exercise all or a portion of the vested Option at any time prior to the 10th anniversary of the Grant Date 2 (the "Expiration Date"); provided that the Option may be exercised with respect to whole Shares only. In no event shall the Option be exercisable on or after the Expiration Date. To the extent the Option is not exercised prior to the Expiration Date (or any earlier expiration of the Option pursuant to Sections 5, 6 5 and 6), it shall b...e canceled and forfeited. View More
Found in Abbott Laboratories contract
Term of Options. Subject to Sections 5, 6 5 and 7, the Employee may exercise all or a portion of the vested Option at any time prior to the 10th anniversary of the Grant Date (the "Expiration Date"); provided that the Option may be exercised with respect to whole Shares only. In no event shall the Option be exercisable on or after the Expiration Date. To the extent the Option is not exercised prior to the Expiration Date (or any earlier expiration of the Option pursuant to Sections 5, 6 5 and 6), 7), it shall be... canceled and forfeited. View More
Found in AbbVie Inc. contract
Term of Options. Subject to Sections 5, 6 5 and 7, 6, the Employee may exercise all or a portion of the vested Option at any time prior to the 10th anniversary of the Grant Date (the "Expiration Date"); provided that the Option may be exercised with respect to whole Shares only. In no event shall the Option be exercisable on or after the Expiration Date. To the extent the Option is not exercised prior to the Expiration Date (or any earlier expiration of the Option pursuant to Sections 5, 6 5 and 6), it shall be ...canceled and forfeited. View More
Found in Abbott Laboratories contract