Common use of TERM AND TYPE OF OPTION Clause in Contracts

TERM AND TYPE OF OPTION. Unless earlier terminated in accordance with Sections 4 or 5.2 hereof, this Option and all rights of the Employee to purchase Common Stock hereunder shall expire with respect to all of the shares then subject to this Agreement at 5:00 p.m.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Oak Technology Inc), Non Qualified Stock Option Agreement (Oak Technology Inc), Employee Non Qualified Stock Option Agreement (Oak Technology Inc)

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TERM AND TYPE OF OPTION. Unless earlier terminated in accordance with Sections 4 6 or 5.2 7.2 hereof, this the Option and all rights of the Employee to purchase Common Stock hereunder shall expire with respect to all of the shares then subject to this Agreement at 5:00 p.m.p.m. Eastern time on March 16,

Appears in 1 contract

Samples: Employment Agreement (Smartdisk Corp)

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TERM AND TYPE OF OPTION. Unless earlier terminated in accordance with Sections 4 6 or 5.2 7.2 hereof, this the Option and all rights of the Employee Optionee to purchase Common Stock hereunder shall expire with respect to all of the shares then subject to this Agreement at 5:00 p.m.

Appears in 1 contract

Samples: Employee Incentive Stock Option Agreement (Portola Packaging Inc)

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