Expiration of Stock Option Sample Clauses

Expiration of Stock Option. This Award will expire on the Expiration Date set forth above, or earlier as provided in this Agreement or the Plan.
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Expiration of Stock Option. The Stock Option shall expire on the expiration date set forth on Schedule 1 (the “Expiration Date”), and may not be exercised after such date.
Sample 1Sample 2See All (4)
Expiration of Stock Option. Notwithstanding any other provision hereof, no portion of this Stock Option shall be exercisable after the Expiration Date hereof.
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Expiration of Stock Option. From and after the effective date of the -------------------------- Initial Public Offering, Paragraph 1. of the Agreement is amended by adding the following sentence at the end of such Paragraph.
Sample 1
Expiration of Stock Option. This Award will expire on the Expiration Date set forth above, or earlier as provided in this Agreement or the Plan. Southland Holdings, Inc. 2022 Equity Incentive Plan Incentive Stock Option Award Agreement
Sample 1
Expiration of Stock Option. In the event of a termination of Executive’s employment to which Section 8.2(e) below is not applicable, the stock option referenced therein will remain exercisable until the earlier of (a) February 3, 2016 or (b) two years after the date on which Executive ceases to provide services as a director of the Company.
Sample 1
Expiration of Stock Option. The Stock Option shall expire on, and may not be exercised after, the expiration date set forth on Schedule 1 (the “Expiration Date”). Notwithstanding the foregoing, if, prior to the Expiration Date, the Optionee’s service as a director of the Company ceases for any reason (including, without limitation, by reason of the Optionee’s retirement or resignation, whether with or without good reason, the Optionee’s refusal to stand for re-election as a director of the Company for any reason whatsoever, the removal of the Optionee as a director of the Company by the Company’s stockholders, whether with or without cause, the Optionee’s failure to be re-elected to serve as a director of the Company upon the expiration of his or her term or the Optionee’s death or “disability,” as determined under the procedures established by the Compensation Committee of the Board of Directors of the Company for purposes of the Plan), then the Stock Option shall expire on the earlier of (i) the Expiration Date and (ii) the date which is thirty (30) days after the effective date of the cessation of the Optionee’s service as a director of the Company.
Sample 1
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Expiration of Stock Option. The Participant may not exercise the Stock Option to any extent after the first to occur of the following events:
Sample 1
Expiration of Stock Option. Employer granted Employee options to purchase 210,000 shares of the Company’s common stock at a price of $5.00 per share pursuant to the terms, conditions and vesting schedule set forth in the Non-Qualified Option Agreement. (hereinafter the “Stock Option”). The 70,000 unvested options will vest concurrent with the execution of this Separation Agreemnt. Subsequently Executive will surrender all stock options awarded to him and will receive in exchange an award of 100,000 “Restricted Stock Units” (the “RSUs”) under the Company’s Omnibus Incentive Plan (the “Incentive Plan”), which surrender will be effective on the date that the Company has taken all appropriate action to issue the RSUs. Upon vesting, the RSUs will be paid to the Executive in the form of the Company’s common stock. The RSUs will become vested upon the Executive’s completion of his consulting services specified in this Agreement or, if sooner, upon a change in control of the Company (as described in the Incentive Plan) or the Executive’s death. The RSUs will be subject to the further terms of the Incentive Plan
Sample 1

Related to Expiration of Stock Option

  • Exercise of Stock Option (a) The Optionee may exercise this Option only in the following manner: from time to time on or prior to the Expiration Date of this Option, the Optionee may give written notice to the Board of Directors or its authorized committee (the “Administrator”) of his or her election to purchase some or all of the vested Option Shares purchasable at the time of such notice. This notice shall specify the number of Option Shares to be purchased. Payment of the Stock Option purchase price for the Option Shares may be made by one or more of the following methods: (i) in cash, by certified or bank check or other instrument acceptable to the Administrator; (ii) in the form of shares of Stock that are not then subject to restrictions under any Company plan and that have been held by the Optionee for at least six months prior to the exercise date; or (iii) by the Optionee delivering to the Company a properly executed exercise notice together with irrevocable instructions to a broker to promptly deliver to the Company cash or a check payable and acceptable to the Administrator to pay the Stock Option purchase price, provided that in the event the Optionee chooses to pay the Stock Option purchase price as so provided in this subsection (iii), the Optionee and the broker shall comply with such procedures and enter into such agreements of indemnity and other agreements as the Administrator shall prescribe as a condition of such payment procedure. Payment instruments will be received subject to collection. The delivery of certificates representing the Option Shares will be contingent upon the Company’s receipt from the Optionee of full payment for the Option Shares, as set forth above and any agreement, statement or other evidence that the Administrator may require to satisfy itself that the issuance of Stock to be purchased pursuant to the exercise of Options under the Plan and any subsequent resale of the shares of Stock will be in compliance with applicable laws and regulations.

  • Grant of Stock Option The Company hereby grants the Employee the Option to purchase all or any part of an aggregate of 50,000 shares of Common Stock (the "Option Shares") on the terms and conditions set forth herein and subject to the provisions of the Plan.

  • Exercise of Stock Options If stock options granted in connection with a Stock Incentive Plan are exercised:

  • Grant of Stock Options This non-qualified Stock Option is granted under and pursuant to the Plan and is subject to each and all of the provisions thereof.

  • Vesting of Stock Options All unvested stock options held by Executive, if any, shall vest immediately upon a Change of Control Termination as defined in Section 6.1.2. Executive may exercise such options in accordance with the terms and conditions of the stock option plan and the agreement pursuant to which such options were granted.

  • Expiration of Option The Option may not be exercised to any extent by anyone after the first to occur of the following events:

  • Treatment of Stock Options 6 ARTICLE III.

  • NOTICE OF STOCK OPTION GRANT Name: Address: You have been granted an option to purchase Common Stock of the Company, subject to the terms and conditions of the Plan and this Award Agreement, as follows: Grant Number Date of Grant Vesting Commencement Date Exercise Price per Share $ Total Number of Shares Granted Total Exercise Price $ Type of Option: Incentive Stock Option Nonstatutory Stock Option Term/Expiration Date:

  • Nonstatutory Stock Option The Optionee may incur regular federal income tax liability upon exercise of a NSO. The Optionee will be treated as having received compensation income (taxable at ordinary income tax rates) equal to the excess, if any, of the Fair Market Value of the Exercised Shares on the date of exercise over their aggregate Exercise Price. If the Optionee is an Employee or a former Employee, the Company will be required to withhold from his or her compensation or collect from Optionee and pay to the applicable taxing authorities an amount in cash equal to a percentage of this compensation income at the time of exercise, and may refuse to honor the exercise and refuse to deliver Shares if such withholding amounts are not delivered at the time of exercise.

  • Exercise of Nonqualified Stock Option If the Option does not ------------------------------------- qualify as an ISO, there may be a regular federal and California income tax liability upon the exercise of the Option. Participant will be treated as having received compensation income (taxable at ordinary income tax rates) equal to the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price. If Participant is a current or former employee of the Company, the Company may be required to withhold from Participant's compensation or collect from Participant and pay to the applicable taxing authorities an amount equal to a percentage of this compensation income at the time of exercise.

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