Common use of Termination of the Option Clause in Contracts

Termination of the Option. (a) The Option shall terminate and no longer be exercisable upon the expiration of the Exercise Period set forth above.

Appears in 11 contracts

Samples: Stock Option Agreement (Smart Choice Automotive Group Inc), Non Qualified Stock Option Agreement (Smart Choice Automotive Group Inc), Stock Option Agreement (Smart Choice Automotive Group Inc)

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Termination of the Option. (a) The Option shall terminate and no longer be exercisable upon the occurrence of the following: (i) in accordance with the expiration of the Exercise Period set forth above; or (ii) involuntary dissolution of the Company.

Appears in 1 contract

Samples: Stock Option Agreement (Smart Choice Automotive Group Inc)

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Termination of the Option. (a) The Option shall terminate and may no longer be exercisable upon exercised on the expiration first to occur of (a) the Exercise Period set forth above.Option Expiration Date, (b) the last date for exercising

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Broadcom Corp)

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