Common use of Maximum Exercise Period Clause in Contracts

Maximum Exercise Period. The maximum period in which an Option may be exercised shall be determined by the Committee on the date of grant, but in no event shall such period exceed ten (10) years from the date of grant of the Option.

Maximum Exercise Period. The maximum period in which an Option a Right may be exercised shall be determined by the Committee on the date of grant, but in no event shall such period exceed ten (10) years from the date of grant of the OptionRight.