Common use of Date of Grant; Term of Option Clause in Contracts

Date of Grant; Term of Option. This Option is granted as of September 19, 1996 and, subject to the specific terms contained herein, may not be exercised later than the fifth anniversary of each Vesting Event (as hereinafter defined) with respect to such Option.

Appears in 2 contracts

Samples: Employment Agreement (Netvalue Inc), Non Qualified Stock Option Agreement (Stonepath Group Inc)

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Date of Grant; Term of Option. This Option is granted as of September 19the 19th day of December, 1996 1997, and, subject to the specific terms contained herein, may not be exercised later than the fifth anniversary of each the Vesting Event (as hereinafter defined) with respect to such Option.

Appears in 2 contracts

Samples: Employment Agreement (Netvalue Inc), Employment Agreement (Netvalue Inc)

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Date of Grant; Term of Option. This Option is granted as of September 19, 1996 and, subject to the specific terms contained herein, may not be exercised later than the fifth anniversary of each the Vesting Event (as hereinafter defined) with respect to such Option.

Appears in 1 contract

Samples: Employment Agreement (Netvalue Inc)

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