Common use of Term of Option Clause in Contracts

Term of Option. Unless the Option terminates earlier pursuant to the provisions of this Agreement, the Option shall expire on the tenth anniversary of the Grant Date.

Appears in 27 contracts

Samples: Award Agreement (Vericel Corp), Incentive Stock Option Award Agreement (Vericel Corp), Incentive Stock Option Award Agreement (Vericel Corp)

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Term of Option. Unless the Option terminates earlier pursuant to the provisions of this Agreement, the This Option shall expire on the day before the tenth anniversary of the Option Grant Date, unless sooner terminated as provided in the Plan and this Agreement and may be exercised during such term only in accordance with the Plan and this Agreement.

Appears in 10 contracts

Samples: Incentive Stock Option Agreement (Biovest International Inc), Incentive Stock Option Agreement (Biovest International Inc), Incentive Stock Option Agreement (Biovest International Inc)

Term of Option. Unless the Option terminates earlier pursuant to the provisions of this Agreement, the Option shall expire on the tenth anniversary of ten years from the Grant Date, except as provided in paragraph (f) of Section 6.

Appears in 8 contracts

Samples: Non Statutory Stock Option Grant Agreement (Mast Therapeutics, Inc.), Incentive Stock Option Grant Agreement – Exempt Employees (Mast Therapeutics, Inc.), Incentive Stock Option Grant Agreement – Non Exempt Employees (Mast Therapeutics, Inc.)

Term of Option. Unless the Option terminates earlier pursuant to the provisions of this Agreement, the Option shall expire on the tenth anniversary of ten years from the Grant Date, except as provided in paragraph (g) of Section 6.

Appears in 8 contracts

Samples: Cmo Incentive Stock Option Grant Agreement (Mast Therapeutics, Inc.), Incentive Stock Option Grant Agreement (Mast Therapeutics, Inc.), Incentive Stock Option Grant Agreement (Mast Therapeutics, Inc.)

Term of Option. Unless the The Option terminates earlier pursuant to the provisions of granted under this AgreementAgreement shall expire, the Option shall expire on the tenth anniversary of unless otherwise exercised, ten (10) years from the Grant Date ("Expiration Date"), subject to earlier termination as provided in paragraph 8 hereof.

Appears in 7 contracts

Samples: Non Qualified Stock Option Agreement (CV Sciences, Inc.), Non Qualified Stock Option Agreement (CV Sciences, Inc.), Non Qualified Stock Option Agreement (CV Sciences, Inc.)

Term of Option. Unless the Option terminates earlier pursuant to the provisions of this Agreement, the Option shall expire on the tenth anniversary of ten years from the Grant Date, except as provided in paragraph (d) of Section 6.

Appears in 7 contracts

Samples: Non Statutory Stock Option Agreement (Savara Inc), Non Statutory Stock Option Agreement (Savara Inc), Non Statutory Stock Option Grant Agreement (Savara Inc)

Term of Option. Unless the Option terminates Options terminate earlier pursuant to the provisions of this Agreement, the Option Options shall expire on the tenth seventh (7th) anniversary of the Grant Date ("Option Expiration Date").

Appears in 4 contracts

Samples: Inducement Stock Option Award Agreement (Autobytel Inc), Inducement Stock Option Award Agreement (Autobytel Inc), Inducement Stock Option Award Agreement (Autobytel Inc)

Term of Option. Unless the Option terminates earlier pursuant to the provisions of this Agreement, the Option shall expire on calendar day immediately preceding the tenth anniversary of the Grant Date.

Appears in 3 contracts

Samples: Incentive Plan Stock Option Agreement (Hireright Inc), Incentive Plan Stock Option Agreement (Hireright Inc), Stock Option Agreement (Hireright Inc)

Term of Option. Unless the Option terminates earlier pursuant to the provisions of this Agreement, the The Option shall expire on the tenth anniversary of the Grant Date.

Appears in 3 contracts

Samples: Insight Health Services Holdings Corp. Stock Option Agreement (Syncor Diagnostics Bakersfield, LLC), Insight Health Services Holdings Corp. Stock Option Agreement (Insight Health Services Holdings Corp), Insight Health Services (Insight Health Services Holdings Corp)

Term of Option. Unless the The Option terminates earlier granted pursuant to the provisions of this Agreement, the Option Sections 2.1 shall expire on the tenth anniversary of its grant date, unless the Grant DateOption terminates earlier pursuant to other provisions of this Agreement or the Plan.

Appears in 3 contracts

Samples: Director Stock Option Agreement (SFSB, Inc.), Employee Stock Option Agreement (SFSB, Inc.), Stock Option Agreement (Old Line Bancshares Inc)

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Term of Option. Unless sooner terminated in accordance herewith or in the Option terminates earlier pursuant to the provisions of Plan, this Agreement, the Option shall expire on the tenth anniversary of the Grant Date.

Appears in 3 contracts

Samples: Stock Option Agreement (Clear Channel Outdoor Holdings, Inc.), Stock Option Agreement (Clear Channel Outdoor Holdings, Inc.), Stock Option Agreement (CCE Spinco, Inc.)

Term of Option. Unless the Option terminates earlier pursuant to the provisions of this Agreement, the (a) The Option shall expire on no later than the tenth (10th) anniversary of the Grant Date, but shall be subject to earlier termination as herein provided. Upon expiration or termination of the Option, all of the Optionee’s rights hereunder shall cease.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Webstar Technology Group Inc.), Non Qualified Stock Option Agreement (Webstar Technology Group Inc.)

Term of Option. Unless the Option terminates earlier terminated as provided below or otherwise pursuant to the provisions of this AgreementPlan, the Option shall expire on the tenth anniversary of the Grant Datedate of grant.

Appears in 2 contracts

Samples: Employment Agreement (Micro Bio Medics Inc), Employment Agreement (Schein Henry Inc)

Term of Option. Unless the Option terminates earlier pursuant to the provisions of this Agreement, the Option shall expire on the tenth anniversary of the Grant Date. 4.

Appears in 1 contract

Samples: Incentive Plan Incentive Stock Option Award Agreement Award Agreement

Term of Option. Unless the Option terminates terminated earlier as provided below or otherwise pursuant to the provisions of this AgreementPlan, the Option shall expire on the tenth anniversary of the Grant Date.

Appears in 1 contract

Samples: Form of Option Agreement (Henry Schein Inc)

Term of Option. Unless Subject to earlier termination as provided in this Agreement or the Option terminates earlier pursuant to the provisions of this AgreementPlan, the Option shall expire on the tenth anniversary of the Grant Date."

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Synta Pharmaceuticals Corp)

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