Common use of Termination of Option Clause in Contracts

Termination of Option. The Option will expire ten (10) years from the date of grant of the Option (the “Term”) with respect to any then unexercised portion thereof, unless terminated earlier as set forth below:

Appears in 27 contracts

Samples: Gaylord Entertainment Company Non Qualified Stock Option Agreement (Gaylord Entertainment Co /De), Incentive Stock Option Agreement (HealthSpring, Inc.), Non Qualified Stock Option Agreement (HealthSpring, Inc.)

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Termination of Option. The Option will expire ten (10) years from the date of grant of the Option (the "Term") with respect to any then unexercised portion thereof, unless terminated earlier as set forth below:

Appears in 15 contracts

Samples: Non Qualified Stock Option Agreement (Performance Food Group Co), Incentive Stock Option Agreement (Performance Food Group Co), Performance Food Group Company Non Qualified Stock Option Agreement (Performance Food Group Co)

Termination of Option. The Option will expire ten (10) years from the date of grant of the Option (the "Term") with respect to any then unexercised portion thereof, unless terminated earlier as set forth below:

Appears in 6 contracts

Samples: Gaylord Entertainment (Gaylord Entertainment Co /De), Gaylord Entertainment Company Non Qualified Stock Option Agreement (Gaylord Entertainment Co /De), Non Qualified Stock Option Agreement (Luminex Corp)

Termination of Option. The Option will expire ten seven (107) years from the date of grant of the Option (the "Term") with respect to any then unexercised portion thereof, unless terminated earlier as set forth below:

Appears in 5 contracts

Samples: Non Qualified Stock Option Agreement (Luminex Corp), Non Qualified Stock Option Agreement (Luminex Corp), Non Qualified Stock Option Agreement (Luminex Corp)

Termination of Option. The Option will expire ten eight (10) 8) years from the date of grant of the Option (the “Term”) with respect to any then unexercised portion thereof, unless terminated earlier as set forth below:

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Healthstream Inc), Non Qualified Stock Option Agreement (Healthstream Inc), Non Qualified Stock Option Agreement (Healthstream Inc)

Termination of Option. The Option will expire ten (10) years from the date of grant of the Option (the “Term”) with respect to any then unexercised portion thereof, unless terminated earlier as set forth below:

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Pinnacle Financial Partners Inc), Incentive Stock Option Agreement (Mri Interventions, Inc.), Incentive Stock Option Agreement (HealthSpring, Inc.)

Termination of Option. The Option will expire ten (10) Subject to Sections 8, 9, and 10 below, the option shall terminate 10 years from the date of grant of the Option (the “Term”) with respect to any then unexercised portion thereof, unless terminated earlier as set forth below:this option.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Vcampus Corp), Incentive Stock Option Agreement (Vcampus Corp), Restricted Stock Purchase Agreement (Vcampus Corp)

Termination of Option. The Option will expire ten (10) years from the date of grant of the Option this Agreement (the "Term") with respect to any then unexercised portion thereof, unless terminated earlier as set forth below:

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Hca Inc/Tn)

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Termination of Option. The Option will expire ten (10) years from the date of grant of the Option (the “Term”) with respect to any then unexercised portion thereof, unless terminated earlier as set forth below:in this Section 4. Optionee understands that failure to exercise this Option within three months of Optionee’s termination of employment with the Company (if allowed) generally will disqualify this Option as an incentive stock option under Section 422 of the Code.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Chefs' Warehouse Holdings, LLC)

Termination of Option. The Except as otherwise provided herein, the Option will expire ten (10) shall terminate upon the expiration of 10 years from the date of grant of the Option (the “Term”) with respect to any then unexercised portion thereof, unless terminated earlier as set forth below:Grant Date.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Shaw Group Inc)

Termination of Option. The Option will expire ten (10) seven years from the date of grant of the Option (the “Term”) with respect to any then unexercised portion thereof, unless terminated earlier as set forth below:

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Alexanders J Corp)

Termination of Option. The Option will expire ten (10) years from the date of grant Initial Grant Date of the Option (the "Term") with respect to any then unexercised portion thereof, unless terminated earlier as set forth below:

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Hca Inc/Tn)

Termination of Option. The Option will expire shall terminate upon the expiration of a period of ten (10) years from the date Date of grant Grant of the Option (the “Term”) with respect to any then unexercised portion thereofOption, unless terminated earlier as set forth below:in Section 1 above.

Appears in 1 contract

Samples: Share Option Agreement (Guilford Pharmaceuticals Inc)

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