Common use of Later Exercise Clause in Contracts

Later Exercise. The right to purchase is cumulative. If the full number of shares exercisable in any period is not exercised, the balance may be exercised at any time or from time to time after that date, as long as the exercise occurs prior to the expiration or termination of the Option.

Appears in 5 contracts

Samples: Non Qualified Stock Option Agreement (Kaydon Corp), Long Term Stock Incentive Plan Non Qualified Stock Option Agreement (Kaydon Corp), Long Term Stock Incentive Plan Non Qualified Stock Option Agreement (Kaydon Corp)

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