Common use of Duration of Option Clause in Contracts

Duration of Option. Except as otherwise provided in this Agreement or the Plan, the Option shall be exercisable to the extent and in the manner provided herein for a period of ten years from the Grant Date (the "Exercise Term"); PROVIDED, HOWEVER, that the Option may be earlier terminated as provided in Section 7 hereof.

Appears in 10 contracts

Samples: Nonqualified Stock Option Agreement (Telemundo Group Inc), Nonqualified Stock Option Agreement (Telemundo Group Inc), Nonqualified Stock Option Agreement (Telemundo Group Inc)

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Duration of Option. Except as otherwise provided in this Agreement or the Plan, the The Option shall be exercisable to the extent and in the manner provided herein for a period of ten (10) years from the Grant Date (the "Exercise Term"); PROVIDED, HOWEVER, that the Option may be earlier terminated as provided in Section 7 6 hereof.

Appears in 1 contract

Samples: American Municipal Acceptance Company Non (American Mortgage Acceptance Co)

Duration of Option. Except as otherwise provided in this Agreement or the Plan, the The Option shall be exercisable to the extent and in the manner provided herein for a period of ten 10 (ten) years from the Grant Date (the "Exercise Term"); PROVIDED, HOWEVER, that the Option may be become unexercisable earlier terminated as provided in Section 7 4.4 hereof.

Appears in 1 contract

Samples: Director Stock Option Agreement (Tellium Inc)

Duration of Option. Except as otherwise provided in this Agreement or the Plan, the Option shall be exercisable to the extent and in the manner provided herein for a period of ten years from the Grant Date (the "Exercise Term"); PROVIDEDprovided, HOWEVERhowever, that the Option may be earlier terminated as provided in Section 7 hereof.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Telemundo Group Inc)

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Duration of Option. Except as otherwise provided in this Agreement or the Plan, the The Option shall be exercisable to the extent and in the manner provided herein for a period of ten years from the Grant Date (the "Exercise Term"); PROVIDED, HOWEVER, that the Option may be earlier terminated as provided in Section 7 hereof.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Telemundo Group Inc)

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