{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "for-purposes-of", "type": "clause", "offset": [0, 15]}, {"key": "paragraph-5", "type": "clause", "offset": [16, 27]}, {"key": "this-addendum", "type": "definition", "offset": [31, 44]}, {"key": "earliest-exercise-date", "type": "clause", "offset": [54, 76]}, {"key": "prior-to-the", "type": "clause", "offset": [90, 102]}, {"key": "option-period", "type": "clause", "offset": [128, 141]}, {"key": "last-exercise-date", "type": "definition", "offset": [170, 188]}], "size": 8, "snippet": "For purposes of Paragraph 5 of this Addendum:\n(a) the Earliest Exercise Date is 12 months prior to the date that the applicable Option Period would commence; and\n(b) the Last Exercise Date is 9 months prior to the date that the applicable Option Period would commence.", "samples": [{"hash": "dtiruCR8te2", "uri": "/contracts/dtiruCR8te2#exercise-dates", "label": "Commercial Lease Agreement (Neos Therapeutics, Inc.)", "score": 24.4620132446, "published": true}, {"hash": "hKHPTDXWcAL", "uri": "/contracts/hKHPTDXWcAL#exercise-dates", "label": "Commercial Lease Agreement (Neos Therapeutics, Inc.)", "score": 24.3169059753, "published": true}], "hash": "983759f5672f4d7ab54d8fa95d948b76", "id": 1}, {"snippet_links": [{"key": "the-terms-and-conditions", "type": "definition", "offset": [11, 35]}, {"key": "the-plan", "type": "clause", "offset": [50, 58]}, {"key": "the-option", "type": "clause", "offset": [60, 70]}, {"key": "to-the-extent", "type": "clause", "offset": [122, 135]}, {"key": "paragraph-2", "type": "definition", "offset": [173, 184]}, {"key": "fractional-shares", "type": "definition", "offset": [192, 209]}, {"key": "from-time-to-time", "type": "clause", "offset": [344, 361]}, {"key": "at-any-time", "type": "clause", "offset": [366, 377]}, {"key": "the-company-shall", "type": "clause", "offset": [400, 417]}, {"key": "without-limitation", "type": "clause", "offset": [458, 476]}, {"key": "frequency-of", "type": "clause", "offset": [503, 515]}, {"key": "number-of-option-shares", "type": "clause", "offset": [541, 564]}], "size": 7, "snippet": "Subject to the terms and conditions herein and in the Plan, the Option shall become exercisable, on each of the dates and to the extent provided on each date as provided in Paragraph 2 above. Fractional shares may not be purchased or delivered hereunder. Once exercisable and until terminated, all or any portion of the Option may be exercised from time to time and at any time under procedures that the Company shall establish from time to time, including, without limitation, procedures regarding the frequency of exercise and the minimum number of option shares which may be purchased at any time.", "samples": [{"hash": "jy9F5lq85YL", "uri": "/contracts/jy9F5lq85YL#exercise-dates", "label": "Stock Option Agreement (Jack in the Box Inc /New/)", "score": 19.0, "published": true}, {"hash": "dpIwEQaSkKk", "uri": "/contracts/dpIwEQaSkKk#exercise-dates", "label": "Stock Option Agreement (Jack in the Box Inc /New/)", "score": 19.0, "published": true}, {"hash": "7a2cyKlqVWh", "uri": "/contracts/7a2cyKlqVWh#exercise-dates", "label": "Stock Option Agreement (Jack in the Box Inc /New/)", "score": 19.0, "published": true}], "hash": "220deb7ee4ef5c8e9a1e550b9f9df625", "id": 2}, {"snippet_links": [{"key": "notice-in-writing", "type": "clause", "offset": [26, 43]}, {"key": "exercise-of-the-option", "type": "clause", "offset": [51, 73]}, {"key": "question-no", "type": "clause", "offset": [77, 88]}, {"key": "the-lease-term", "type": "definition", "offset": [149, 163]}, {"key": "earliest-exercise-date", "type": "clause", "offset": [202, 224]}, {"key": "last-exercise-date", "type": "definition", "offset": [344, 362]}, {"key": "tenant-shall", "type": "clause", "offset": [384, 396]}, {"key": "be-conditioned", "type": "clause", "offset": [397, 411]}, {"key": "the-\u2587", "type": "clause", "offset": [458, 463]}, {"key": "not-entitled", "type": "definition", "offset": [547, 559]}, {"key": "to-exercise", "type": "clause", "offset": [560, 571]}, {"key": "the-leases", "type": "definition", "offset": [593, 603]}], "size": 7, "snippet": "Tenant must give Landlord notice in writing of its exercise of the option in question no earlier than three hundred sixty (360) days before the date the Lease Term would end but for said exercise (the \u201cEarliest Exercise Date\u201d) and no later than one hundred eighty (180) days before the date the Lease Term would end but for said exercise (the \u201cLast Exercise Date\u201d). Valid exercise by Tenant shall be conditioned on Tenant validly exercising its option as to the \u2587\u2587\u2587 \u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587 Avenue Premises as well as the \u2587\u2587\u2587 \u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587 Premises, and Tenant is not entitled to exercise an option for one of the Leases and not the other.", "samples": [{"hash": "kqXBGrDUlF0", "uri": "/contracts/kqXBGrDUlF0#exercise-dates", "label": "Sublease Agreement (Meru Networks Inc)", "score": 21.0, "published": true}, {"hash": "klcTjiq7BdQ", "uri": "/contracts/klcTjiq7BdQ#exercise-dates", "label": "Lease Agreement (Verity Inc \\De\\)", "score": 19.0, "published": true}, {"hash": "gwHHR7fAK78", "uri": "/contracts/gwHHR7fAK78#exercise-dates", "label": "Lease Agreement (Verity Inc \\De\\)", "score": 19.0, "published": true}], "hash": "0263d5604924c084e9c52125283046f6", "id": 3}, {"snippet_links": [{"key": "to-exercise", "type": "clause", "offset": [9, 20]}, {"key": "notice-in-writing", "type": "clause", "offset": [58, 75]}, {"key": "option-no", "type": "clause", "offset": [99, 108]}, {"key": "the-lease-term", "type": "definition", "offset": [174, 188]}], "size": 6, "snippet": "In order to exercise an option, Tenant must give Landlord notice in writing of its exercise of the option no earlier than three hundred sixty five (365) days before the date the Lease Term would end but for said exercise (the", "samples": [{"hash": "cBazTD98DKR", "uri": "/contracts/cBazTD98DKR#exercise-dates", "label": "Lease (Neophotonics Corp)", "score": 21.5557842255, "published": true}, {"hash": "hR9gsdkSrvr", "uri": "/contracts/hR9gsdkSrvr#exercise-dates", "label": "Lease (Neophotonics Corp)", "score": 21.2847366333, "published": true}], "hash": "9c6384809503f0470b7ec8d231cfe219", "id": 4}, {"snippet_links": [{"key": "for-purposes-of", "type": "clause", "offset": [0, 15]}, {"key": "paragraph-5", "type": "clause", "offset": [16, 27]}, {"key": "this-addendum", "type": "definition", "offset": [31, 44]}, {"key": "last-exercise-date", "type": "definition", "offset": [50, 68]}, {"key": "prior-to-the", "type": "clause", "offset": [91, 103]}, {"key": "the-option-period", "type": "clause", "offset": [114, 131]}], "size": 4, "snippet": "For purposes of Paragraph 5 of this Addendum, the Last Exercise Date is twelve (12) months prior to the date that the Option Period would commence.", "samples": [{"hash": "gPjD8wEOpk0", "uri": "/contracts/gPjD8wEOpk0#exercise-dates", "label": "Industrial Multi Tenant Lease (SBS Technologies Inc)", "score": 18.0, "published": true}, {"hash": "9knMw885msC", "uri": "/contracts/9knMw885msC#exercise-dates", "label": "Industrial Multi Tenant Lease (Smarterkids Com Inc)", "score": 18.0, "published": true}, {"hash": "5lcltD5XHL8", "uri": "/contracts/5lcltD5XHL8#exercise-dates", "label": "Industrial Multi Tenant Lease (Smarterkids Com Inc)", "score": 18.0, "published": true}], "hash": "c1f9d0beca9e1b931912f5d23aefadce", "id": 5}, {"snippet_links": [{"key": "the-terms-and-conditions", "type": "definition", "offset": [11, 35]}, {"key": "the-plan", "type": "clause", "offset": [50, 58]}, {"key": "the-option", "type": "clause", "offset": [60, 70]}, {"key": "to-the-extent", "type": "clause", "offset": [122, 135]}, {"key": "section-22", "type": "clause", "offset": [173, 184]}, {"key": "employed-by-the-company", "type": "definition", "offset": [234, 257]}, {"key": "subsidiary-corporation", "type": "definition", "offset": [263, 285]}, {"key": "grant-date", "type": "definition", "offset": [295, 305]}, {"key": "the-applicable", "type": "clause", "offset": [314, 328]}, {"key": "employment-ceases", "type": "clause", "offset": [420, 437]}, {"key": "in-the-event", "type": "clause", "offset": [464, 476]}, {"key": "due-to-disability", "type": "clause", "offset": [514, 531]}, {"key": "fractional-shares", "type": "definition", "offset": [533, 550]}, {"key": "exercisable-option", "type": "definition", "offset": [661, 679]}, {"key": "from-time-to-time", "type": "clause", "offset": [697, 714]}, {"key": "at-any-time", "type": "clause", "offset": [719, 730]}, {"key": "the-company-shall", "type": "clause", "offset": [753, 770]}, {"key": "without-limitation", "type": "clause", "offset": [811, 829]}, {"key": "frequency-of", "type": "clause", "offset": [856, 868]}, {"key": "number-of-shares-of-stock", "type": "clause", "offset": [894, 919]}], "size": 4, "snippet": "Subject to the terms and conditions herein and in the Plan, the Option shall become exercisable, on each of the dates and to the extent provided on each date as provided in Section 2.2 above, subject to the Awardee being continuously employed by the Company or a Subsidiary Corporation from the Grant Date through the applicable exercisability dates. No portion of the Option will become exercisable after the Awardee\u2019s employment ceases, except as provided below in the event that the Awardee\u2019s employment ceases due to Disability. Fractional shares may not be purchased or delivered hereunder. Once exercisable and until terminated, all or any portion of the exercisable Option may be exercised from time to time and at any time under procedures that the Company shall establish from time to time, including, without limitation, procedures regarding the frequency of exercise and the minimum number of shares of Stock which may be purchased at any time.", "samples": [{"hash": "3FO4eeJQWTN", "uri": "/contracts/3FO4eeJQWTN#exercise-dates", "label": "Stock Option and Performance Share Award Agreement (Jack in the Box Inc /New/)", "score": 27.1300487518, "published": true}, {"hash": "i6BuhC4wcsM", "uri": "/contracts/i6BuhC4wcsM#exercise-dates", "label": "Stock Option and Performance Share Award Agreement (Jack in the Box Inc /New/)", "score": 26.1334705353, "published": true}, {"hash": "kHug1Flmg3W", "uri": "/contracts/kHug1Flmg3W#exercise-dates", "label": "Stock Option and Performance Share Award Agreement (Jack in the Box Inc /New/)", "score": 22.8904857635, "published": true}], "hash": "bb4bb61b5a9fb2fdcdc494e46a02d27f", "id": 6}, {"snippet_links": [{"key": "the-optionee", "type": "definition", "offset": [0, 12]}, {"key": "to-exercise", "type": "clause", "offset": [31, 42]}, {"key": "option-only", "type": "clause", "offset": [47, 58]}, {"key": "to-the-extent", "type": "clause", "offset": [59, 72]}, {"key": "terms-and-conditions-of-the", "type": "clause", "offset": [114, 141]}, {"key": "vesting-schedule", "type": "clause", "offset": [142, 158]}, {"key": "exhibit-c", "type": "clause", "offset": [178, 187]}, {"key": "with-respect-to", "type": "clause", "offset": [239, 254]}, {"key": "number-of", "type": "clause", "offset": [382, 391]}, {"key": "at-any-time", "type": "clause", "offset": [404, 415]}, {"key": "from-time-to-time", "type": "clause", "offset": [419, 436]}, {"key": "prior-to-the", "type": "clause", "offset": [437, 449]}, {"key": "expiration-of-the-option", "type": "clause", "offset": [450, 474]}, {"key": "except-as-provided-in", "type": "clause", "offset": [476, 497]}, {"key": "sections-5", "type": "clause", "offset": [498, 508]}, {"key": "an-employee", "type": "definition", "offset": [596, 607]}, {"key": "director-of-the-company", "type": "definition", "offset": [611, 634]}, {"key": "eligible-participant", "type": "clause", "offset": [665, 685]}], "size": 4, "snippet": "The Optionee shall be entitled to exercise the Option only to the extent the Option becomes exercisable under the terms and conditions of the vesting schedule attached hereto as Exhibit C. To the extent that the Option becomes exercisable with respect to any Shares, as provided on Exhibit C, the Option may thereafter be exercised by the Optionee either with respect to all or any number of such Shares at any time or from time to time prior to the expiration of the Option. Except as provided in Sections 5 and 6 hereof, the Option may not be exercised at any time unless the Optionee shall be an employee or director of the Company or one of its Affiliates (an \u201cEligible Participant\u201d) at such time.", "samples": [{"hash": "2OLkN8szWt4", "uri": "/contracts/2OLkN8szWt4#exercise-dates", "label": "Stock Option Agreement (Chart Industries Inc)", "score": 21.0, "published": true}, {"hash": "io9ZfhboKz2", "uri": "/contracts/io9ZfhboKz2#exercise-dates", "label": "Stock Option Agreement (Chart Industries Inc)", "score": 19.0, "published": true}, {"hash": "1tCtyqhBGTT", "uri": "/contracts/1tCtyqhBGTT#exercise-dates", "label": "Stock Option Agreement (Chart Industries Inc)", "score": 19.0, "published": true}], "hash": "14a7e95d3e6dbdb03c732ef8393b935b", "id": 7}, {"snippet_links": [{"key": "first-anniversary", "type": "definition", "offset": [20, 37]}, {"key": "vesting-start-date", "type": "definition", "offset": [65, 83]}, {"key": "pursuant-to-the", "type": "clause", "offset": [121, 136]}, {"key": "date-no", "type": "clause", "offset": [162, 169]}, {"key": "in-no-event-shall", "type": "clause", "offset": [444, 461]}, {"key": "the-option", "type": "clause", "offset": [462, 472]}, {"key": "number-of-shares", "type": "definition", "offset": [513, 529]}, {"key": "section-1", "type": "definition", "offset": [543, 552]}], "size": 4, "snippet": "Commencing upon the first anniversary of February 11, 1999 (the \"VESTING START DATE\"), Employee may exercise this Option pursuant to the following schedule: VEST DATE NO. OF SHARES --------- ------------- 02/11/00 83,333 02/11/01 21,875 05/11/01 21,875 08/11/01 21,875 11/11/01 17,700 02/11/02 21,875 05/11/02 21,875 08/11/02 21,875 11/11/02 17,700 02/11/03 21,875 Therefore, this Option shall become fully exercisable as of February 11, 2003. In no event shall the Option be exercisable for more shares than the number of shares set forth in Section 1.", "samples": [{"hash": "c50lAflEH0R", "uri": "/contracts/c50lAflEH0R#exercise-dates", "label": "Employment Agreement (Smartdisk Corp)", "score": 18.0, "published": true}, {"hash": "7gRXZbAfDhi", "uri": "/contracts/7gRXZbAfDhi#exercise-dates", "label": "Employment Agreement (Smartdisk Corp)", "score": 16.0, "published": true}], "hash": "7ffe2e4ee860b0b1a9d927f65531c68d", "id": 8}, {"snippet_links": [{"key": "except-as-otherwise-provided", "type": "clause", "offset": [0, 28]}, {"key": "the-optionee", "type": "definition", "offset": [37, 49]}, {"key": "to-exercise", "type": "clause", "offset": [68, 79]}, {"key": "with-respect-to", "type": "clause", "offset": [91, 106]}, {"key": "number-of-shares", "type": "definition", "offset": [111, 127]}, {"key": "total-shares", "type": "clause", "offset": [226, 238]}, {"key": "exercise-date", "type": "definition", "offset": [480, 493]}, {"key": "except-as-provided-in", "type": "clause", "offset": [522, 543]}, {"key": "sections-6", "type": "clause", "offset": [544, 554]}, {"key": "at-any-time", "type": "clause", "offset": [601, 612]}, {"key": "an-employee", "type": "definition", "offset": [642, 653]}], "size": 3, "snippet": "Except as otherwise provided herein, the Optionee shall be entitled to exercise the Option with respect to the number of Shares indicated below on or after the date indicated opposite such number below: INITIAL AND ADDITIONAL TOTAL SHARES WITH NUMBER OF SHARES WITH RESPECT TO WHICH DATE BEGINNING RESPECT TO WHICH THE THE OPTION MAY ON WHICH OPTION OPTION MAY BE EXERCISED BE EXERCISED MAY BE EXERCISED ----------------------- ----------------- ---------------- 2,500 2,500 1999 Exercise Date 2,500 5,000 January 1, 2000 Except as provided in Sections 6 and 7 hereof, the Option may not be exercised at any time unless the Optionee shall be an Employee at such time.", "samples": [{"hash": "jyBmNMudZAZ", "uri": "/contracts/jyBmNMudZAZ#exercise-dates", "label": "Stock Option Agreement (New Horizons Worldwide Inc)", "score": 18.0, "published": true}], "hash": "e948f5c862be60f6560dccdcd90f5a5e", "id": 9}, {"snippet_links": [{"key": "except-as-provided-in", "type": "clause", "offset": [0, 21]}, {"key": "sections-5", "type": "clause", "offset": [22, 32]}, {"key": "date-hereof", "type": "clause", "offset": [128, 139]}, {"key": "the-optionee", "type": "definition", "offset": [141, 153]}, {"key": "to-exercise", "type": "clause", "offset": [172, 183]}, {"key": "with-respect-to", "type": "clause", "offset": [195, 210]}, {"key": "number-of-shares", "type": "definition", "offset": [215, 231]}], "size": 2, "snippet": "Except as provided in Sections 5, 6 and 8 hereof, the Option shall not be exercisable to any extent until one (1) year from the date hereof. The Optionee shall be entitled to exercise the Option with respect to the number of Shares indicated below on or after the date indicated opposite such number below:", "samples": [{"hash": "kUi9aHzGe2L", "uri": "/contracts/kUi9aHzGe2L#exercise-dates", "label": "Stock Option Agreement (RPM Inc/Oh/)", "score": 18.0, "published": true}, {"hash": "8Soa18B7hwo", "uri": "/contracts/8Soa18B7hwo#exercise-dates", "label": "Stock Option Agreement (RPM International Inc/De/)", "score": 18.0, "published": true}], "hash": "fd54e9b942ce3ee656b0d05089ce8e4d", "id": 10}], "next_curs": "ClcSUWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjMLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhdleGVyY2lzZS1kYXRlcyMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"size": 81, "parents": [["option-to-extend-lease-term", "Option to Extend Lease Term"], ["additional-covenants-and-provisions", "Additional Covenants and Provisions"], ["authority", "Authority"], ["consideration", "CONSIDERATION"], ["entire-agreement", "Entire Agreement"]], "children": [["fair-value-option-grant", "Fair Value Option Grant"], ["forfeiture-of-option", "Forfeiture of Option"], ["performance-option-grant", "Performance Option Grant"]], "title": "Exercise Dates", "id": "exercise-dates", "related": [["exercise-date", "Exercise Date", "Exercise Date"], ["duration-of-exercisability", "Duration of Exercisability", "Duration of Exercisability"], ["exercise-period-vesting", "Exercise Period Vesting", "Exercise Period Vesting"], ["period-of-exercisability", "Period of Exercisability", "Period of Exercisability"], ["date-of-exercise", "Date of Exercise", "Date of Exercise"]], "related_snippets": [], "updated": "2025-08-07T04:22:56+00:00", "also_ask": [], "drafting_tip": null, "explanation": "The Exercise Dates clause defines the specific time periods during which a party is permitted to exercise a right or option under the agreement. Typically, this clause outlines the start and end dates for exercising options, such as purchasing shares or terminating a contract, and may include any conditions or notice requirements that must be met. By clearly specifying when rights can be exercised, the clause ensures both parties understand their respective windows of opportunity, thereby reducing the risk of disputes and providing certainty regarding the timing of key actions."}, "json": true, "cursor": ""}}