Termination of Options Sample Clauses

Termination of Options. The Options, which become exercisable as provided in paragraphs 3 and 4 above, shall terminate and be of no force or effect as follows:
AutoNDA by SimpleDocs
Termination of Options. To the extent vested in accordance with Section 2 above, the Options will terminate, and be of no force or effect, upon the earlier of:
Termination of Options. The Options will terminate at the time specified below:
Termination of Options. (a) The Option may not be exercised after the expiration of the Option Period and is only exercisable as provided in Sections 2 and 4 of this Agreement. The Option hereby granted shall terminate and be of no force or effect upon the earliest of (i) the expiration of the Option Period or (ii) January 1, 2011 in the event that the Vesting Event does not occur on or prior to December 31, 2010. In addition, if the Participant has a Termination of Service during the Option Period for any reason, the unvested portion of the Option shall terminate.
Termination of Options. (a) Unless an earlier termination date occurs as specified in this Section 3, the Options will expire and become unexercisable (whether or not then exercisable) on the tenth (10th) anniversary of the Effective Date (the “Expiration Date”).
Termination of Options. (a) The Options, to the extent not heretofore exercised, shall terminate and cease to be exercisable on the date on which the first of the following events occurs:
Termination of Options. To the extent not exercised, the Options shall terminate either on the Termination Date or, in the event that the Optionholder ceases to be employed by the Company, for any reason whatsoever, then this Option Agreement shall terminate 90 days following the date of such termination, or resignation, as the case may be, and the Optionholder shall have no further rights under this Option Agreement.
AutoNDA by SimpleDocs
Termination of Options. The Options may not be exercised to any extent after termination of the Options. Options will terminate as set forth below in this Section 5:
Termination of Options. If there exist any options or special rights which Landlord may have granted Tenant under this Lease including, but not limited to, options or rights regarding extensions of the Lease term, expansion of the Leased Premises, or acquisition of any other interest in the Leased Premises or the Building, then all such options and rights are independent of the leasehold estate hereby granted to Tenant by Landlord. Landlord and Tenant agree and acknowledge that the negotiated consideration for any such options or special rights is Tenant's entry into this Lease and that no portion of any sums due and payable by Tenant to Landlord hereunder is attributable thereto. In addition to, and not in lieu of, the above remedies of Landlord for Tenant's default, any and all such options or special rights shall be automatically terminated upon the occurrence of the following events:
Termination of Options. (a) Subject to earlier termination as provided in the other provisions of this Agreement, the Options and all rights hereunder with respect thereto, to the extent such rights shall not have been exercised, shall terminate and become null and void on December 31, 2012 (the “Option Term”).
Time is Money Join Law Insider Premium to draft better contracts faster.