Common use of Exercisability of the Option Clause in Contracts

Exercisability of the Option. The Option shall become exercisable in accordance with the exercisability schedule and other terms set forth in the Grant Notice. The Option shall terminate on the tenth anniversary of the Grant Date stated in the Grant Notice (the “Expiration Date”), subject to earlier termination as set forth in the Plan and this Agreement.

Appears in 3 contracts

Samples: Stock Option Award Agreement (Visa Inc.), Stock Option Award Agreement (Visa Inc.), Stock Option Award Agreement (Visa Inc.)

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Exercisability of the Option. The Option shall become exercisable in accordance with the exercisability schedule and other terms set forth in the Grant Notice. The Option shall terminate on the tenth anniversary of the Grant Date expiration date stated in the Grant Notice (the “Expiration Date”), subject to earlier termination as set forth in the Plan and this Agreement.

Appears in 1 contract

Samples: Stock Option Award Agreement (Visa Inc.)

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