Common use of Extension of Exercise Period Clause in Contracts

Extension of Exercise Period. The Administrator may in its sole discretion extend the period permitted for exercise of the Option upon Employee’s termination of employment as otherwise provided in this Section 4 if allowable under applicable law.

Appears in 6 contracts

Samples: Nonstatutory Stock Option Agreement (WaferGen Bio-Systems, Inc.), Nonstatutory Stock Option Agreement (EnSync, Inc.), Nonstatutory Stock Option Agreement (ZBB Energy Corp)

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Extension of Exercise Period. The Administrator may in its sole discretion extend the period permitted for exercise of the Option upon the Employee’s termination of employment as otherwise provided in this Section 4 if allowable under applicable law.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (ZBB Energy Corp), Nonstatutory Stock Option Agreement (ZBB Energy Corp)

Extension of Exercise Period. The Administrator may in its sole discretion extend the period permitted for exercise of the Option upon EmployeeGrantee’s termination of employment Separation from Service as otherwise provided in this Section 4 if allowable under applicable law.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Energous Corp)

Extension of Exercise Period. The Administrator may in its sole discretion extend the period permitted for exercise of the Option upon EmployeeGrantee’s termination of employment as otherwise provided in this Section 4 if allowable under applicable law.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (WaferGen Bio-Systems, Inc.)

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Extension of Exercise Period. The Administrator may in its sole discretion extend the period permitted for exercise of the Option upon EmployeeGrantee’s termination Separation of employment Service as otherwise provided in this Section 4 3 if allowable under applicable law.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (ZBB Energy Corp)

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