Term and Exercise. The Option shall expire ten (10) years from the Grant Date, subject to earlier termination as set forth in Section 3. Subject to the provisions of Sections 2 and 3, the Option shall become exercisable in installments as set forth on the last page of this Agreement.
Appears in 2 contracts
Samples: Federal Realty Investment Trust (Federal Realty Investment Trust), Combined Incentive and Non Qualified (Federal Realty Investment Trust)
Term and Exercise. The Option shall expire ten (10) years from the Grant Datedate hereof, subject to earlier termination as set forth in Section 34. Subject to the provisions of Sections 2 3 and 34, the Option shall become exercisable in installments as set forth on the last page of this Agreement. Notwithstanding the foregoing, the Option shall not be exercisable in whole, or in part, prior to six months from the Date of Grant, except as provided in Section 3.
Appears in 1 contract
Term and Exercise. The Option shall expire ten (10) years from the Grant Date, subject to earlier termination as set forth in Section 34. Subject to the provisions of Sections 2 3 and 34, the Option shall become exercisable in installments as set forth on the last page of this Agreement.
Appears in 1 contract
