Common use of Exercise Terms Clause in Contracts

Exercise Terms. Beginning on the date or dates specified in, and prior to the expiration of the Option as provided in, Section 2, the Employee may exercise the Option as to all such number of shares, or as to any part thereof, at any time and from time to time during the remaining term of the Option; provided that the Employee must exercise the Option for at least the lesser of 100 shares or the unexercised portion of the Option. In the event the Option is not exercised with respect to all or any part of the shares subject to the Option prior to its expiration, the shares with respect to which the Option was not exercised shall no longer be subject to this Option.

Exercise Terms. Beginning on the date or dates specified in, and prior to the expiration of the this Option as provided in, Section 2, the Employee may exercise the this Option as to all such number of shares, or as to any part thereof, at any time and from time to time during the remaining term of the this Option; provided that the Employee must exercise the this Option for at least the lesser of 100 shares or the unexercised portion of the Option. In the event the this Option is not exercised with respect to all or any part of the shares subject to the this Option prior to its expiration, the shares with respect to which the this Option was not exercised shall no longer be subject to this Option.

Exercise Terms. Beginning on the date or dates specified in, and prior to the expiration of the this Option as provided in, Section 21, the Employee may exercise the this Option as to all such number of shares, or as to any part thereof, at any time and from time to time during the remaining term of the this Option; provided that the Employee must exercise the this Option for at least the lesser of 100 shares or the unexercised portion of the Option. In the event the this Option is not exercised with respect to all or any part of the shares subject to the this Option prior to its expiration, the shares with respect to which the this Option was not exercised shall no longer be subject to this Option.