Stock Option Exercise Period. Notwithstanding anything to the contrary in any award agreement governing any outstanding stock option held by the Executive as of the Effective Date (the “Outstanding Stock Options”): (a) Holdings hereby agrees that the post-termination exercise period applicable to such Outstanding Stock Options shall be one (1) year following the Executive’s Termination Date (as defined below); provided that in no event shall such period extend beyond the maximum term of the Outstanding Stock Option; and (b) the applicable award agreements governing such Outstanding Stock Options shall be deemed to be amended to provide for such one (1) year exercise period.
Stock Option Exercise Period. Holdings hereby agrees that the post-termination exercise period applicable to any outstanding stock option held by the Executive as of the date hereof shall be the longer of (i) ninety (90) days following the Executive’s Termination Date (as defined below) and (ii) the period specified in the applicable stock option agreement (if, based on the circumstances of the Executive’s departure, such longer period would apply); provided that in no event shall such period extend beyond the maximum term of the option.
Stock Option Exercise Period. Executive’s unvested Stock Option Grants will vest on April 23, 2010, provided the Executive continues to be employed in accordance with this Agreement through such date. Executive will have a period of twelve (12) months from April 23, 2010 to exercise all vested options. Executive is advised to consider the Section 16(b) short-swing trade regulations under the Securities and Exchange Act of 1934.
Stock Option Exercise Period. Executive shall have until March 31, 2011 to exercise any vested stock options granted to the Executive under grant # 3227, and until August 28, 2010 to exercise any vested stock options granted to the Executive under grant #4103 (collectively and individually “Extended Exercise Period”). Executive acknowledges, however, that he shall not be granted additional stock options, restricted stock or shares after the Resignation Date, nor shall he be entitled to any cash bonuses or other incentive pay. Executive also agrees that, during the Extended Exercise Period, he will fully comply with all Company rules and policies as they apply to employees, including any policies applicable to persons with material, non-public information. The Executive acknowledges and agrees that none of the Accelerated Stock Options will be exercisable before the later of the Resignation Date and the Effective Date. As used in this Paragraph 2.3, “vested stock options” means and only includes (i) stock options granted to the Executive before the Resignation Date that are vested as of the Resignation Date, and (ii) Accelerated Stock Options as defined in Paragraph 2.4 below.
Stock Option Exercise Period. Telanetix hereby agrees that all stock options held by Xxxx Xxx may be exercised at any time on or before April 30, 2013, and that upon exercise in accordance with the terms of the Options Agreement the company will provide the stock in the form of registered and freely tradable stock in Telanetix, Inc or its successor. This agreement super cedes the employee stock option grant notices of November 26, 2007 and February 23, 2007.
Stock Option Exercise Period. As authorized by the Compensation Committee of the Employer’s Board of Directors on October 21, 2014 and subject to compliance with Paragraph 4 herein, the period in which Employee may exercise any vested stock options held by Employee on the Separation Date is extended until May 7, 2015, the end of the Severance Period.
Stock Option Exercise Period. Notwithstanding anything to the contrary in this Agreement, or in any stock option grant agreement, award, grant or the Inphonic, Inc. 1999 Stock Incentive Plan or any other plan or agreement governing the Executive’s Common Stock Options, in the event the Executive is terminated without Cause or terminates his employment for Good Reason, he shall be allowed to exercise his vested (as of the date of termination after taking into account the vesting acceleration pursuant to Section 4.3 of the Agreement) Common Stock Options for twelve (12) months from the effective date of his termination or, in the event the Executive resigns his employment, he shall be allowed to exercise his vested (as of the date of termination) Common Stock Options for a period of six (6) months from the effective date of his termination.
Stock Option Exercise Period. In accordance with the provisions of the Employment Agreement, the exercise period for the Executive’s vested stock options shall be one (1) year following the Termination Date. The Executive understands and agrees that he is required to make arrangements reasonably satisfactory to the Company to facilitate the Company’s compliance with all federal and state tax and withholding requirements as a condition to exercising his vested stock options.
Stock Option Exercise Period. Notwithstanding anything to the contrary in any award agreement governing any outstanding stock option held by the Executive as of the NAI-1535388005v3 EXECUTION VERSION Effective Date (the “Outstanding Stock Options”): (a) Holdings hereby agrees that the post-termination exercise period applicable to such Outstanding Stock Options shall be one (1) year following the Executive’s Termination Date (as defined below); provided that in no event shall such period extend beyond the maximum term of the Outstanding Stock Option; and (b) the applicable award agreements governing such Outstanding Stock Options shall be deemed to be amended to provide for such one (1) year exercise period.
Stock Option Exercise Period. Chairman shall be afforded a period of not less than one year in which to exercise the vested options included in the 1999 Equity Awards, the Prior Awards or the 2005 Equity Awards following the termination of his employment for any reason other than a termination by the Company for Cause, except that he shall be afforded a period of two years in which to exercise such vested options following the termination of his employment under Section 5(b) hereof; provided, however, that no such exercise period shall extend beyond the original term of the such vested options For purposes of this Section 5(d), the term “Cause” with respect to the (i) 2005 Equity Awards shall have the meaning set forth in the 2005 Equity Award Agreements, and (ii) 1999 Equity Awards and the Prior Awards shall have the meaning as set forth in Section 4(a) hereof.
