Term of Options Contract Clauses (1,029)

Grouped Into 37 Collections of Similar Clauses From Business Contracts

This page contains Term of Options clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Term of Options. All unexercised Options shall expire as to all shares of Common Stock underlying the Options on ______, 20____ (the "Expiration Date"), unless sooner terminated as provided in Section 4 hereof.
Term of Options. All unexercised Options options shall expire as to all shares of Common Stock underlying the Options Option on ______, 20____ ___, 20__ (the "Expiration Date"), unless sooner terminated as provided in Section 4 hereof.
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Term of Options. The Option shall expire on the ten year anniversary of the Grant Date (the "Expiration Date"), subject to earlier expiration following termination of the Grantee's employment with the Company or a Subsidiary as provided in Paragraph 6 below.
Term of Options. The Option shall expire on the ten year anniversary of the Grant Date (the "Expiration Date"), subject to earlier expiration (i) in the event of a Change in Control as provided in Paragraph 4 below, or (ii) following termination of the Grantee's employment with the Company or a Subsidiary as provided in Paragraph 6 below.
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Term of Options. This Option may not be exercised more than ten (10) years from the date of grant of this Option, and may be exercised during such period only in accordance with the Plan and the terms of this Option.
Term of Options. This The Option may not be exercised more than ten (10) years from the date of grant of this Option, Option and may be exercised during such period only in accordance with the Plan and the terms of this Option. Agreement.
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Term of Options. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 9 hereof, shall expire ten (10) years from the Date of Grant (the "Exercise Period").
Term of Options. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 9 10 hereof, shall expire ten (10) years from the Date of Grant (the "Exercise Period").
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Term of Options. Optionee's right to exercise this Option shall terminate upon the first to occur of the following: (a) the expiration of (__) years from the date of this Agreement; (b) the expiration of ninety (90) days from the date of termination of Optionee's Continuous Service if such termination occurs for any reason other than permanent disability or death; provided, however, that if Optionee dies during such ninety-day period the provisions of Section 3(d) below shall apply; (c) the expiration of one yea...r from the date of termination of Optionee's Continuous Service if such termination is due to permanent disability of the Optionee (as defined in Section 22(e)(3) of Code; (d) the expiration of one year from the date of termination of Optionee's Continuous Service if such termination is due to Optionee's death or if death occurs during the ninety (90) day period following termination of Optionee's Continuous Service pursuant to Section 3(b) above, as the case may be; (e) or upon the consummation of a Change in Control, unless otherwise provided pursuant to Section 9 below. As used herein, the term "Continuous Service" means (i) employment by either the Company or any parent or subsidiary corporation of the Company, or by any successor entity following a Change in Control, which is uninterrupted except for paid vacations or sick days in accordance with Company policy, as applicable, or (ii) service as a member of the Board of Directors of the Company until Optionee resigns, is removed from office, or Optionee's term of office expires and he or she is not reelected or (iii) so long as Optionee is engaged as a Service Provider to the Company or other corporation referred to in (i) above. The Optionee's Continuous Service shall not terminate merely because of a change in the capacity in which the Optionee renders service to the Company or a corporation or subsidiary corporation described in clause (i) above. For example, a change in the Optionee's status from an employee to a Non-Employee Director will not constitute an interruption of the Optionee's Continuous Service, provided there is no interruption in the Optionee's performance of such services. View More
Term of Options. Optionee's right to exercise this Option shall terminate upon the first to occur of the following: (a) following:(a) the expiration of (__) ten (10) years from the date of this Agreement; (b) Agreement;(b) the expiration of ninety (90) days from the date of termination of Optionee's Continuous Service if such termination occurs for any reason other than permanent disability or death; provided, however, that if Optionee dies during such ninety-day period the provisions of Section 3(d) below shall... apply; (c) apply;(c) the expiration of one year from the date of termination of Optionee's Continuous Service if such termination is due to permanent disability of the Optionee (as defined in Section 22(e)(3) of Code; (d) Code) of Optionee;(d) the expiration of one year from the date of termination of Optionee's Continuous Service if such termination is due to Optionee's death or if death occurs during the ninety (90) day period following termination of Optionee's Continuous Service pursuant to Section 3(b) above, as the case may be; (e) or or(e) upon the consummation of a Change in Control, unless otherwise provided pursuant to Section 9 below. As below.As used herein, the term "Continuous Service" means (i) employment by either the Company or any parent or subsidiary corporation of the Company, or by any successor entity following a Change in Control, which is uninterrupted except for paid vacations or sick days in accordance with Company policy, as applicable, or (ii) service as a member of the Board of Directors of the Company until Optionee resigns, is removed from office, or Optionee's term of office expires and he or she is not reelected reelected, or (iii) so long as Optionee is engaged service as a Service Provider to the Company or other corporation referred to in (i) above. The Provider. Optionee's Continuous Service shall not terminate merely because of a change in the capacity in which the Optionee renders service to the Company or a corporation or subsidiary corporation described in clause (i) above. For example, a change in the Optionee's status from an employee to a Non-Employee Director will not constitute an interruption of the Optionee's Continuous Service, provided there is no interruption in the Optionee's performance of such services. services.4. Exercise of Option. On or after the vesting of any portion of this Option in accordance with Sections 2 or 9 hereof, and until termination of the right to exercise this Option in accordance with Section 3 above, the portion of this Option which has vested may be exercised in whole or in part by Optionee (or, after his or her death, by the person designated in Section 5 below) upon delivery of the following to the Company at its principal executive offices:(a) a written notice of exercise which identifies this Agreement and states the number of Shares then being purchased (but no fractional Shares may be purchased) unless the Company has established other procedures;(b) a check or cash in the amount of the Exercise Price (or payment of the Exercise Price in such other form of lawful consideration as the Administrator may approve from time-to-time under the provisions of Section 5.3 of the Plan);(c) a check or cash in the amount reasonably requested by the Company to satisfy the Company's withholding obligations under federal, state or other applicable tax laws with respect to the taxable income, if any, recognized by Optionee in connection with the exercise of this Option (unless the Company and Optionee shall have made other arrangements for deductions or withholding from Optionee's wages, bonus or other compensation payable to Optionee, or, if permitted by the Administrator in its discretion, by the withholding of Shares issuable upon exercise of this Option or the delivery of Shares owned by Optionee, provided such arrangements satisfy the requirements of applicable tax laws); and(d) a letter, if requested by the Company, in such form and substance as the Company may require, setting forth the investment intent of Optionee, or person designated in Section 5 below, as the case may be. View More
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Term of Options. This Option may be exercised only within the term set out in the Grant Notice.
Term of Options. This Option may be exercised only within the term set out in the Grant Notice. Notice of Grant.
Term of Options. This Option may be exercised only within the term set out in the Grant Notice. Notice of Grant.
Term of Options. This Option may be exercised only within the term set out in the Grant Notice. Notice of Grant.
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Term of Options. This Option may be exercised only within the term set forth in the Notice of Grant. 4 13. Restrictions on Shares. Optionee hereby agrees that Shares purchased upon the exercise of the Option shall be subject to such terms and conditions as the Administrator shall determine in its sole discretion, including, without limitation, restrictions on the transferability of Shares, the right of the Company to repurchase Shares, the right of the Company to require that Shares be transferred in the event o...f certain transactions, a right of first refusal in favor of the Company with respect to permitted transfers of Shares, tag-along rights and bring-along rights. Such terms and conditions may, in the Administrator's sole discretion, be contained in the Exercise Notice with respect to the Option or in such other agreement as the Administrator shall determine and which Optionee hereby agrees to enter into at the request of the Company. View More
Term of Options. This Option may be exercised only within the term set forth out in the Notice of Grant. Grant Notice. 4 13. Restrictions on Shares. Shares; Stockholders' Agreement. Optionee hereby agrees that any Shares purchased upon the exercise of the Option shall be subject to such terms and conditions as the Administrator shall determine in its sole discretion, including, without limitation, restrictions on the transferability of Shares, the right of the Company to repurchase Shares, the right of the Compa...ny to require that Shares be transferred in the event of certain transactions, a right of first refusal in favor of the Company with respect to permitted transfers of Shares, call rights, tag-along rights, bring-along rights, redemption and co-sale rights and bring-along rights. voting requirements. Such terms and conditions may, in the Administrator's sole discretion, be contained in the Exercise Notice with respect to the Option or in such other agreement as the Administrator shall determine and which Optionee hereby agrees to enter into at the request of the Company. Optionee hereby agrees that, if requested by the Administrator, Optionee shall execute and deliver to the Company a joinder to the Stockholders' Agreement upon the exercise (in whole or in part) of the Option. View More
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