Common use of Term of Option Clause in Contracts

Term of Option. (a) The Option shall have a term of ten years from the Date of Grant and shall terminate at the expiration of that period, unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the Plan.

Appears in 31 contracts

Samples: Nonqualified Stock Option Grant (Laserlock Technologies Inc), Incentive Stock Option Agreement (Auxilium Pharmaceuticals Inc), Nonqualified Stock Option Agreement (Auxilium Pharmaceuticals Inc)

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Term of Option. (a) The Option shall have a term of ten often years from the Date of Grant and shall terminate at the expiration of that period, unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the Plan.

Appears in 8 contracts

Samples: Employment Agreement (Zynerba Pharmeceuticals, Inc.), Employment Agreement (Zynerba Pharmeceuticals, Inc.), Employment Agreement (Zynerba Pharmeceuticals, Inc.)

Term of Option. (a) The Option shall will have a term of ten (10) years from the Date of Grant and shall will terminate at the expiration of that period, unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the Plan.

Appears in 8 contracts

Samples: Incentive Stock Option Grant Agreement (Crown Crafts Inc), Incentive Stock Option Grant Agreement (Crown Crafts Inc), Nonqualified Stock Option Grant Agreement (Crown Crafts Inc)

Term of Option. (a) The Option shall have a term of ten seven years from the Date of Grant and shall terminate at the expiration of that period, unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the Plan.

Appears in 7 contracts

Samples: Nonqualified Stock Option Agreement (Marlin Business Services Corp), Nonqualified Stock Option Grant Agreement (Nutri System Inc /De/), Nonqualified Stock Option Grant Agreement (Nutri System Inc /De/)

Term of Option. (a) The Option shall have a term of ten years from the Date of Grant and shall terminate at on the expiration tenth anniversary of that periodthe Date of Grant, unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the Plan.

Appears in 5 contracts

Samples: Nonqualified Stock Option Grant (Church & Dwight Co Inc /De/), Nonqualified Stock Option (Church & Dwight Co Inc /De/), Nonqualified Stock Option Grant (Church & Dwight Co Inc /De/)

Term of Option. (a) a. The Option shall have a term of ten (10) years from the Award Date of Grant and shall terminate at the expiration of that period, unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the Plan.

Appears in 4 contracts

Samples: Release Agreement (Advance Auto Parts Inc), Option Award Agreement (Advance Auto Parts Inc), Option Award Agreement (Advance Auto Parts Inc)

Term of Option. (a) The Option shall have a term of ten years from the Date of Grant and shall terminate at the expiration of that period, 5:00 p.m. on unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the Plan.

Appears in 3 contracts

Samples: Director Fee Option Grant Agreement (Neose Technologies Inc), Annual Director Grant Agreement (Neose Technologies Inc), Incentive Stock Option Award Agreement (Neose Technologies Inc)

Term of Option. (a) The Option shall have a term of ten (10) years from the Date of Grant and shall terminate at the expiration of that period, unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the PlanAgreement.

Appears in 3 contracts

Samples: Stock Option Agreement (Wireless Telecom Group Inc), Stock Option Agreement (Wireless Telecom Group Inc), Stock Option Agreement (Wireless Telecom Group Inc)

Term of Option. (a) The Option shall have a term of ten 10 years from the Date of Grant and shall terminate at the expiration of that period, unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the Plan.

Appears in 3 contracts

Samples: Option Grant Agreement (Fibrocell Science, Inc.), Non Qualified Stock Option Award Agreement (Medifast Inc), Employment Agreement (Fibrocell Science, Inc.)

Term of Option. (a) The Option shall have a term of ten eight (8) years from the Date of Grant and shall terminate at the expiration of that periodperiod (the “Termination Date”), unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the Plan.

Appears in 2 contracts

Samples: Nonqualified Stock Option Grant Agreement (Novell Inc), Nonqualified Stock Option Grant Agreement (Novell Inc)

Term of Option. (a) a. The Option shall have a term of ten years from the Date of Grant and shall terminate at on the expiration tenth anniversary of that periodthe Date of Grant, unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the Plan.

Appears in 2 contracts

Samples: Nonqualified Stock Option Grant (Church & Dwight Co Inc /De/), Stock Option Grant Agreement (Church & Dwight Co Inc /De/)

Term of Option. (a) The Option shall have a term of ten years from the Date of Grant and shall terminate at the expiration of that period, unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the PlanAgreement.

Appears in 2 contracts

Samples: Nonqualified Stock Option Grant Agreement (Blue Ridge Real Estate Co), Stock Option Grant (Strategic Diagnostics Inc/De/)

Term of Option. (a) The Option shall have a term of the Option is for a period of ten (10) years from the Date of Grant Grant, subject to earlier termination as provided herein, and shall terminate at the expiration of that period, unless it is terminated at an earlier date pursuant to Option may be exercised during such term only in accordance with the provisions of the Plan and the terms of this Agreement or the PlanAgreement.

Appears in 2 contracts

Samples: Nonqualified Option Agreement (Hearusa Inc), Nonqualified Option Agreement (Hearusa Inc)

Term of Option. (a) The Option shall have a term of ten (10) years from the Date of Grant Grant, and shall terminate at the expiration of that period, unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the Plan.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Grant (Worldgate Communications Inc), Nonstatutory Stock Option Grant (Worldgate Communications Inc)

Term of Option. (a) The Option shall have a term of ten eight (8) years from the Date of Grant and shall terminate at the expiration of that periodperiod (the “Termination Date”), unless it is terminated at an earlier date pursuant to the provisions of this Agreement Agreement, an Employment Agreement, or the Plan.

Appears in 2 contracts

Samples: Nonqualified Stock Option Grant (Novell Inc), Nonqualified Stock Option Grant Agreement (Novell Inc)

Term of Option. (a) The Option shall have a term of ten years from the Date of Grant January , 20 and shall terminate at the expiration of that period, unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the Plan.

Appears in 2 contracts

Samples: Nonqualified Share Option Agreement (First Potomac Realty Trust), Nonqualified Share Option Agreement (First Potomac Realty Trust)

Term of Option. (a) The Option shall have a term of ten 10 years from the Date of Grant and shall terminate at the expiration of that periodperiod (_______________, ______________), unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the Plan.

Appears in 2 contracts

Samples: Stock Option Grant (Magainin Pharmaceuticals Inc), Stock Option Grant (Magainin Pharmaceuticals Inc)

Term of Option. (a) The Option shall have a term of ten (10) years from the Date of Grant and shall terminate at the expiration of that period, unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the Plan.

Appears in 2 contracts

Samples: Employment Agreement (Amrep Corp.), Equity Compensation Plan (Amrep Corp.)

Term of Option. (a) The Option shall have a term of ten (10) years from the Date of Grant and shall terminate at the expiration of that periodperiod (_____________ ___, 20____), unless it is terminated at an earlier date pursuant to the provisions of this Agreement Grant Instrument or the Plan.

Appears in 1 contract

Samples: Nonqualified Stock Option Grant (Genspera Inc)

Term of Option. (a) The Option shall have a term of ten years from the Date of Grant and shall terminate at the expiration of that period, unless it is otherwise terminated at an earlier date pursuant to the provisions of this Agreement or the Plan.

Appears in 1 contract

Samples: Incentive Stock Option Grant (FlexShopper, Inc.)

Term of Option. (a) The Option shall have a term of ten years from the Date of Grant and shall terminate at the expiration of that periodperiod (5:00 p.m. EST on ___________, _____), unless it is terminated at an earlier date pursuant to the provisions of this Award Agreement or the Plan.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Ugi Corp /Pa/)

Term of Option. (a) The Option shall have a term of ten seven years from the Date of Grant and shall terminate at the expiration of that period, unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the PlanAgreement.

Appears in 1 contract

Samples: Nonqualified Stock Option Grant Agreement (NewLake Capital Partners, Inc.)

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Term of Option. (a) The Option shall have a term of ten (10) years from the Grant Date of specified in the Stock Option Grant (the “Grant Date”) and shall terminate at the expiration of that period, unless it is terminated at an earlier date pursuant to the provisions of this Agreement these Grant Conditions or the Plan.

Appears in 1 contract

Samples: 2017 Stock Option Agreement (Aqua America Inc)

Term of Option. (a) The Option shall have a term of ten years from the Date of Grant and shall terminate at the expiration of that period, unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the Plan.. The Option shall automatically terminate upon the happening of the first of the following events:

Appears in 1 contract

Samples: Nonqualified Option Grant (Atlas Pipeline Holdings, L.P.)

Term of Option. (a) The a)The Option shall have a term of ten years from the Date of Grant and shall terminate at the expiration of that period, unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the Plan.

Appears in 1 contract

Samples: Nonqualified Stock Option Grant (Zynerba Pharmaceuticals, Inc.)

Term of Option. (a) The Option shall have a term of ten years from the Date of Grant and shall terminate at the expiration of that periodperiod (February 5, 2011) (the "Expiration Date"), unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the PlanAgreement.

Appears in 1 contract

Samples: I Trax Inc

Term of Option. (a) The Option shall have a term of ten years from the Date of Grant and shall terminate at the expiration of that period, unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the Plan.. Notwithstanding the foregoing, in the event that on the last business day of the term of the Option, the exercise of the Option is prohibited by applicable law, including a prohibition on purchases or sales of Common Stock under the Company’s

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Onconova Therapeutics, Inc.)

Term of Option. (a) The This Option shall have a term of ten (10) years from the Date of Grant (the "Expiration Date") and shall terminate and become unexercisable at the expiration of that period, unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the Plan.

Appears in 1 contract

Samples: Money Centers of America, Inc.

Term of Option. (a) The a)The Option shall have a term of ten (10) years from the Date of Grant and shall terminate at the expiration of that period, unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the Plan.

Appears in 1 contract

Samples: Option Agreement (Virios Therapeutics, Inc.)

Term of Option. (a) The Except as otherwise provided herein, the Option shall have a term of ten years from the Date of Grant and shall terminate at the expiration of that period, unless it is otherwise terminated at an earlier date pursuant to the provisions of this Agreement or the Plan.

Appears in 1 contract

Samples: Nonqualified Stock Option Grant (Anchor Funding Services, Inc.)

Term of Option. (a) The Option shall have a term of ten years from the Date of Grant and shall terminate at the expiration of that period, period ([Insert Date 10 Years from Date of Grant]) unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the Plan.

Appears in 1 contract

Samples: 2004 Equity Incentive (Animas Corp)

Term of Option. (a) The Option shall have a term of ten years from the Date of Grant and shall terminate at the expiration of that periodperiod (5:00 p.m. EST on January 27, 2032), unless it is terminated at an earlier date pursuant to the provisions of this Award Agreement or the Plan.

Appears in 1 contract

Samples: Incentive Award Plan Nonqualified Stock Option Award Agreement (Ugi Corp /Pa/)

Term of Option. (a) The Option shall have a term of ten years from the Date of Grant and shall terminate at the expiration of that periodperiod (the "Expiration Date"), unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the PlanAgreement.

Appears in 1 contract

Samples: I Trax Inc

Term of Option. (a) The Option shall have a term of ten (10) years from the Date of Grant Grant, and shall terminate at the expiration of that period, unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the Plan.

Appears in 1 contract

Samples: Nonstatutory Stock Option Grant Agreement (Worldgate Communications Inc)

Term of Option. (a) The Option shall have a term of ten 10 years from the Date of Grant and shall terminate at the expiration of that period, unless it is terminated at an earlier date pursuant to the provisions of this Agreement or the Inducement Plan.. events:

Appears in 1 contract

Samples: Nonqualified Stock Option Grant (MEI Pharma, Inc.)

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