Common use of Term of Option Clause in Contracts

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 hereof, shall expire ten (10) years from the Date of Grant.

Appears in 27 contracts

Samples: Option Agreement (Chuy's Holdings, Inc.), Non Qualified Stock Option Agreement (Chuy's Holdings, Inc.), Nonqualified Stock Option Agreement (Alderwoods Group Inc)

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Term of Option. The term of the Option shall commence on the Grant Date of Grant and, unless earlier terminated in accordance with Section 6 7 hereof, shall expire ten (10) years from the Date of GrantGrant Date.

Appears in 8 contracts

Samples: Nonstatutory Stock Option Agreement (DJO Finance LLC), Nonstatutory Stock Option Agreement (DJO Finance LLC), Nonstatutory Stock Option Agreement (DJO Finance LLC)

Term of Option. The term of the Option shall commence commenced on the Date of Grant and, unless earlier terminated in accordance with Section 6 8 hereof, shall expire ten (10) years from the Date of Grant.

Appears in 8 contracts

Samples: Nonqualified Stock Option Agreement (YETI Holdings, Inc.), Nonqualified Stock Option Agreement (YETI Holdings, Inc.), Nonqualified Stock Option Agreement (YETI Holdings, Inc.)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 9 hereof, shall expire ten (10) years from the Date of Grant.

Appears in 7 contracts

Samples: Employment Agreement (Dwyer Group Inc), Employment Agreement (Dwyer Group Inc), Employment Agreement (Dwyer Group Inc)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 7 hereof, shall expire ten (10) years from the Date of Grant.

Appears in 7 contracts

Samples: Nonqualified Stock Option Agreement (AFG Holdings, Inc.), Nonqualified Stock Option Agreement (AFG Holdings, Inc.), Nonqualified Stock Option Agreement (AFG Holdings, Inc.)

Term of Option. The term of the Option shall commence on at the Grant Date of Grant and, unless earlier terminated in accordance with Section 6 7 hereof, shall expire ten (10) years from the Date of GrantEffective Time.

Appears in 6 contracts

Samples: Option Agreement (Graham Packaging Holdings Co), Option Agreement (Graham Packaging Co Inc.), Option Agreement (Graham Packaging Holdings Co)

Term of Option. The term of the Option shall commence on the Grant Date of Grant and, unless earlier terminated in accordance with Section 6 hereof, set forth above and shall expire ten (10) years from the Grant Date (the "Option Expiration Date"). This Option may be exercised during such term only in accordance with the Plan and the terms of Grantthis Agreement.

Appears in 4 contracts

Samples: Stock Option Agreement (World Acceptance Corp), Acceptance Corporation (World Acceptance Corp), Acceptance Corporation (World Acceptance Corp)

Term of Option. The term of the Option (the “Term”) shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 7 hereof, shall expire at the close of business on the date which is ten (10) years from the Date of Grant.

Appears in 4 contracts

Samples: Nonqualified Stock Option Agreement (Macy's, Inc.), Nonqualified Stock Option Agreement (Macy's, Inc.), Nonqualified Stock Option Agreement (Macy's, Inc.)

Term of Option. The term of the Option Right shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 7 hereof, shall expire ten (10) 10 years from the Date of Grant.

Appears in 4 contracts

Samples: Qualified Stock Option Agreement (International Coal Group, Inc.), Stock Option Agreement (International Coal Group, Inc.), Performance Incentive Plan Incentive Stock Option Agreement (International Coal Group, Inc.)

Term of Option. The term of the Option shall will commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 hereof, shall will expire ten (10) years from the Date of Grant.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Cas Medical Systems Inc), Nonqualified Stock Option Agreement (Cas Medical Systems Inc), Nonqualified Stock Option Agreement (Proliance International, Inc.)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 hereof, shall expire ten seven (107) years from the Date of Grant.

Appears in 3 contracts

Samples: Agreement (Choicepoint Inc), Nonqualified Stock Option Agreement (Scottish Annuity & Life Holdings LTD), Incentive Stock Option Agreement (Conley Canitano & Associates Inc)

Term of Option. The term of the Option shall commence on the Grant Date of Grant and, unless earlier terminated in accordance with Section 6 hereof, set forth above and shall expire ten (10) years from the Grant Date (the “Option Expiration Date”). This Option may be exercised during such term only in accordance with the Plan and the terms of Grantthis Agreement.

Appears in 2 contracts

Samples: Stock Option Agreement (World Acceptance Corp), Stock Option Agreement (World Acceptance Corp)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 9 hereof, shall expire ten (10) years from the Date of GrantGrant (the “Exercise Period”).

Appears in 2 contracts

Samples: Stock Option Award Agreement (MAIA Biotechnology, Inc.), Stock Option Award Agreement (MAIA Biotechnology, Inc.)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 hereof, shall expire ten (10) years from on the 10th anniversary of the Date of Grant.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Bear Creek Operations, Inc.), Non Qualified Stock Option Agreement (Bear Creek Operations, Inc.)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 hereofof this Agreement, shall expire ten (10) years from the Date of Grant.

Appears in 2 contracts

Samples: Option Agreement (MassRoots, Inc.), Stock Option Agreement (SQL Technologies Corp.)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 hereof, shall expire ten (10) years from the Date of Grant[date].

Appears in 2 contracts

Samples: Director Nonqualified Stock Option Agreement (FTD Com Inc), Nonqualified Stock Option Agreement (FTD Com Inc)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 8 hereof, shall expire ten (10) years from the Date of Grant.

Appears in 2 contracts

Samples: Equity Incentive Plan (Cumulus Media Inc), Incentive Stock Option Agreement (MTC Technologies Inc)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 10 hereof, shall expire ten (10) years from the Date of GrantGrant (the “Exercise Period”).

Appears in 1 contract

Samples: Stock Option Award Agreement (MAIA Biotechnology, Inc.)

Term of Option. The term of the Option shall commence on the date set forth above (the "Date of Grant Grant") and, unless earlier terminated in accordance with Section 6 hereof, shall expire ten (10) years from the Date of Grant.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Scottish Annuity & Life Holdings LTD)

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Term of Option. The term of the Option shall commence on the date set forth on the attached Notice of Grant (the "Date of Grant Grant") and, unless earlier terminated in accordance with Section 6 hereof, shall expire ten TEN (10) years YEARS from the Date of Grant.

Appears in 1 contract

Samples: 2001 Stock Option Plan (Scottish Annuity & Life Holdings LTD)

Term of Option. The term of the Option shall commence on the date hereof (the "Date of Grant Grant') and, unless earlier terminated in accordance with Section 6 hereof, shall expire ten (10) years from the Date of Grant.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Mainsource Financial Group)

Term of Option. The term of the Option shall commence commenced on the Grant Date of Grant and, unless earlier terminated in accordance with Section 6 7 hereof, shall expire ten (10) years from the Date of GrantGrant Date.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (DJO Finance LLC)

Term of Option. The term of the Option (the “Term”) shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 hereof, shall expire ten (10) years from the Date of Grant.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Federated Department Stores Inc /De/)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 hereofthis Agreement, shall expire ten (10) years from the Date of Grant.

Appears in 1 contract

Samples: 2006 Nonqualified Stock Option Agreement (Georgia Gulf Corp /De/)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 7 hereof, shall expire ten (10) years from the Date of GrantGrant (the date on which the Option terminates being referred to herein as the "Expiration Date").

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Technical Consumer Products Inc)

Term of Option. The term of the Option (the "Term") shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 hereof, shall expire ten (10) years from the Date of Grant.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Federated Department Stores Inc /De/)

Term of Option. The term of the Option Options shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 8 hereof, shall expire ten (10) years from the Date of Grant.

Appears in 1 contract

Samples: Employment Agreement (Cumulus Media Inc)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 hereof7, shall expire ten (10) years from the Date of Grant.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Focal Communications Corp)

Term of Option. The term of the Option shall commence on the date set forth above of the grant (the "Date of Grant Grant") and, unless earlier terminated in accordance with Section 6 hereof, shall expire ten (10) years from the Date of Grant.

Appears in 1 contract

Samples: Employment Agreement (Scottish Annuity & Life Holdings LTD)

Term of Option. The term of the Option shall will commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 hereof8, shall will expire ten (10) years from the Date of Grant.

Appears in 1 contract

Samples: Performance Incentive Plan (Diamond S Shipping Group, Inc.)

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