Common use of Normal Term Clause in Contracts

Normal Term. The term of this Option is 10 years, until {TERM DATE}, provided, however, that this Option may be terminated earlier as provided below.

Appears in 2 contracts

Sources: Incentive Stock Option Agreement (FNB Corp \Va\), Non Qualified Stock Option Agreement (FNB Corp \Va\)

Normal Term. The term of this Option option is 10 years, until {TERM DATE}«date 2», provided, however, that this Option the option may be terminated earlier as provided below.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Cadmus Communications Corp/New)

Normal Term. The term of this Option is 10 ten years, until {TERM DATEDATE 2}, ; provided, however, that this Option may be terminated earlier as provided below.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Star Energy Corp)