Expiration of the Option. The Option (to the extent not earlier exercised or terminated due to cessation of the Optionee’s employment or otherwise in accordance with the Plan) will expire at the end of business on March 14, 2012, Ten (10) years from the Date of Grant of the Option. The Option may terminate sooner under certain circumstances, including, without limitation, termination of the Optionee’s employment, death, retirement, disability and termination for other reasons, as set forth in Section 5.13 of the Plan. The Option may not be exercised after its expiration or termination.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Ascendant Solutions Inc), Nonqualified Stock Option Agreement (Ascendant Solutions Inc)
Expiration of the Option. The Option (to the extent not earlier exercised or terminated due to cessation of the Optionee’s employment or otherwise in accordance with the Plan) will expire at the end of business on March 14_________, 2012201_, Ten which date is not in excess of ten (10) years from the date of grant (the “Date of Grant Grant”) of the Option. The Option may terminate sooner under certain circumstances, including, without limitation, including termination of the Optionee’s employment, death, retirement, disability and termination for other reasonsemployment with the Company and/or any Affiliated Entity, as set forth in Section 5.13 of the Plan. The Option may not be exercised after its expiration or termination.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Inyx Inc), Incentive Stock Option Agreement (Inyx Inc)
Expiration of the Option. The Option (to the extent not earlier exercised or terminated due to cessation of the Optionee’s 's employment or otherwise in accordance with the Plan) will expire at the end of business on March 14_______, 2012200_, Ten ___ (10__) years from the Date of Grant of the Optionoption. The Option may terminate sooner under certain circumstances, including, without limitation, termination of the Optionee’s 's employment, death, retirement, disability and termination for other reasons, as set forth in Section 5.13 (death, normal retirement, Permanent Disability and termination for other reasons) of the Plan. The Option may not be exercised after its expiration or termination.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Bright Technologies Com Inc), Incentive Stock Option Agreement (Bright Technologies Com Inc)
Expiration of the Option. The Option (to the extent not earlier exercised or terminated due to cessation of the Optionee’s 's employment or otherwise in accordance with the Plan) will expire at the end of business on March 14, 2012, Ten seven (107) years from the Date of Grant of the Option. The Option may terminate sooner under certain circumstances, including, without limitation, termination of the Optionee’s employment, death, retirement, disability and termination for other reasons, as set forth in Section 5.13 of the PlanGrant. The Option may not be exercised after its expiration or termination.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Intac International Inc)
Expiration of the Option. The Option (to the extent not earlier exercised or terminated due to cessation of the Optionee’s 's employment or otherwise in accordance with the Plan) will expire at the end of business on March 14_______, 201220__, Ten ___ (10__) years from the Date of Grant of the Optionoption. The Option may terminate sooner under certain circumstances, including, without limitation, termination of the Optionee’s 's employment, death, retirement, disability and termination for other reasons, as set forth in Section 5.13 (death, normal retirement, Permanent Disability and termination for other reasons) of the Plan. The Option may not be exercised after its expiration or termination.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Independent Bankshares Inc)
Expiration of the Option. The Option (to the extent not earlier ------------------------ exercised or terminated due to cessation of the Optionee’s 's employment or otherwise in accordance with the Plan) will expire at the end of business on March 14_______, 20122000, Ten ten (10) years from the Date of Grant of the Optionoption. The Option may terminate sooner under certain circumstances, including, without limitation, termination of the Optionee’s employment, death, retirement, disability and termination for 's employment or other reasonsrelationship with the Company, as set forth in Section 5.13 (Just Cause Dismissal, death, normal retirement, Permanent Disability and termination other than for Just Cause Dismissal) of the Plan. The Option may not be exercised after its expiration or termination.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Asd Systems Inc)
Expiration of the Option. The Option (to the extent not earlier exercised or terminated due to cessation of the Optionee’s 's employment or otherwise in accordance with the Plan) will expire at the end of business on March 1430, 2012, Ten (10) years from the Date of Grant of the Option2008. The Option may terminate sooner under certain circumstances, including, without limitation, termination of the Optionee’s employment, death, retirement, disability and termination for other reasons's employment or a change in control of the Company, as set forth in Section 5.13 Sections 5.13, 7.1, and 7.2 of the Plan. The Option may not be exercised after its expiration or termination.
Appears in 1 contract
Expiration of the Option. The Option (to the extent not earlier exercised or terminated due to cessation of the Optionee’s 's employment or otherwise in accordance with the Plan) will expire at the end of business on March 14_______, 2012____, Ten ___(10__) years from the Date of Grant of the Optionoption. The Option may terminate sooner under certain circumstances, including, without limitation, termination of the Optionee’s 's employment, death, retirement, disability and termination for other reasons, as set forth in Section 5.13 (death, normal retirement, Permanent Disability and termination for other reasons) of the Plan. The Option may not be exercised after its expiration or termination.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Independent Bankshares Inc)
Expiration of the Option. The Option (to the extent not earlier ------------------------ exercised or terminated due to cessation of the Optionee’s 's employment or otherwise in accordance with the Plan) will expire at the end of business on March 14_______, 201220__, Ten _____ (10___) years from the Date of Grant of the Optionoption. The Option may terminate sooner under certain circumstances, including, without limitation, termination of the Optionee’s employment, death, retirement, disability and termination for 's employment or other reasonsrelationship with the Company, as set forth in Section 5.13 (Just Cause Dismissal, death, normal retirement, Permanent Disability and termination other than for Just Cause Dismissal) of the Plan. The Option may not be exercised after its expiration or termination.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Asd Systems Inc)