Common use of Option Term Clause in Contracts

Option Term. The term of the Option shall be ten (10) years, commencing on the Date of Grant (the “Option Term”). The Option shall automatically terminate upon the expiration of the Option Term, or at such earlier time specified herein or in the Plan.

Appears in 34 contracts

Samples: Nonqualified Stock Option Award Agreement (Dave & Buster's Entertainment, Inc.), Nonqualified Stock Option Award Agreement (Dave & Buster's Entertainment, Inc.), Stock Option Grant Agreement (Bristow Group Inc.)

AutoNDA by SimpleDocs

Option Term. The term of the Option shall be ten (10) years, commencing on the Grant Date of Grant (the “Option Term”). The Option shall automatically terminate upon the expiration of the Option Term, or at such earlier time specified herein or in the Plan.

Appears in 3 contracts

Samples: Nonqualified Stock Option Award Agreement (Fortegra Financial Corp), Nonqualified Stock Option Award Agreement (Fortegra Financial Corp), Nonqualified Stock Option Award Agreement (Fortegra Financial Corp)

Option Term. The term of the Option shall be ten (10) years, commencing on the Date of Grant Grant, unless terminated at an earlier time pursuant to Section 6 (the “Option Term”). The Option shall automatically terminate upon the expiration of the Option Term, or at such earlier time specified herein or in the Plan.

Appears in 3 contracts

Samples: Nonqualified Stock Option Award Agreement (Generac Holdings Inc.), Nonqualified Stock Option Award Agreement (Generac Holdings Inc.), Nonqualified Stock Option Award Agreement (Generac Holdings Inc.)

Option Term. The term of the Option shall be ten (10) years, commencing on the Date of Grant (the "Option Term"). The Option shall automatically terminate upon the expiration of the Option Term, or at such earlier time specified herein or in the Plan.

Appears in 2 contracts

Samples: Nonqualified Stock Option Award Agreement (Amc Entertainment Inc), Nonqualified Stock Option Award Agreement (Marquee Holdings Inc.)

Option Term. The term of the Option shall be have a ten (10) years, year term commencing on the Date of Grant Grant, unless sooner terminated pursuant to the Plan or this Option Agreement (the “Option Term”). The Option shall automatically terminate upon the expiration of the Option Term, or at such earlier time specified herein or in the Plan.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Ixys Corp /De/), Nonqualified Stock Option Agreement

Option Term. The term of the Option shall be ten (10) years, commencing on the Date of Grant (the “Option Term”). The Option shall automatically terminate upon expire on the expiration tenth (10th) anniversary of the Date of Grant, unless the Option Term, is terminated at an earlier date in accordance with the terms of Plan or at such earlier time specified herein or in the Planthis Award Agreement.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Archipelago Learning, Inc.)

AutoNDA by SimpleDocs

Option Term. The term of the Option granted hereunder shall be a period of ten (10) years, commencing on years from the Grant Date of Grant (the “Option TermPeriod”). The termination of the Option Period shall automatically terminate upon result in the termination and cancellation of such Option. In no event shall the Option be exercisable at any time after the expiration of the Option Term, or at such earlier time specified herein or in the PlanPeriod.

Appears in 1 contract

Samples: Employee Option Grant Agreement (optionsXpress Holdings, Inc.)

Option Term. The term of the Option shall be have a ten (10) years, year term commencing on the Date of Grant Grant, unless sooner terminated pursuant to the Plan or this Option Agreement (the "Option Term"). The Option shall automatically terminate upon the expiration of the Option Term, or at such earlier time specified herein or in the Plan.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Zilog Inc)

Option Term. The term of the Option shall be ten (10) years, commencing on the Date of Grant Grant, unless terminated at an earlier time pursuant to Section6 (the “Option Term”). The Option shall automatically terminate upon the expiration of the Option Term, or at such earlier time specified herein or in the Plan.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Generac Holdings Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.