Common use of Term and Exercise Clause in Contracts

Term and Exercise. The Option shall expire five (5) years from the date hereof, subject to earlier termination as set forth in Section 3. Subject to the provisions of Section 3, the Option shall become exercisable in installments as set forth on the attached Face Sheet of this Agreement.

Appears in 10 contracts

Samples: Non Qualified Stock Option Agreement for Employees (Mid Atlantic Medical Services Inc), Non Qualified Stock Option Agreement for Employees (Mid Atlantic Medical Services Inc), Non Qualified Stock Option Agreement for Employees (Mid Atlantic Medical Services Inc)

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Term and Exercise. The Option shall expire five (5) years from the date hereof, subject to earlier termination as set forth in Section 3. Subject to the provisions of Section 3, the Option shall become exercisable in installments as set forth on the attached Face Sheet of this Agreement.

Appears in 7 contracts

Samples: Non Qualified Stock Option Agreement (Universal Insurance Holdings, Inc.), Non Qualified Stock Option Agreement (Universal Insurance Holdings, Inc.), Non Qualified Stock Option Agreement (Universal Insurance Holdings, Inc.)

Term and Exercise. The Option shall expire five ten (510) years from the date hereof, subject to earlier termination as set forth in Section 3. Subject to the provisions of Section 3, the Option shall become exercisable in installments as set forth on the attached Face Sheet of this Agreement.

Appears in 2 contracts

Samples: Stock Option Agreement for Employees (Universal Heights Inc), Stock Option Agreement for Employees (Universal Heights Inc)

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Term and Exercise. The Option shall expire five (5ten(10) years from the date hereof, subject to earlier termination as set forth in Section 3. Subject to the provisions of Section 3, the Option shall become exercisable in installments as set forth on the attached Face Sheet of this Agreement.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement for Employees (River Capital Group, Inc.)

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