Common use of Termination Period Clause in Contracts

Termination Period. This option may be exercised for three months after the optionee's Termination Date, except that if the Optionee's Termination of Service is for Cause, this option shall terminate on the Termination Date. Upon the death or Disability of the optionee, this option may be exercised for 12 months after the optionee's Termination Date. Special termination periods are set forth in Sections 2.3(B), 2.9, and 2.10 below. In no event may this option be exercised later than the Term of Award/Expiration Date provided below. Term of Award/Expiration Date:

Appears in 14 contracts

Samples: Equity Incentive Plan (Wordlogic Corp), Stock Option Agreement (Petron Energy II, Inc.), Stock Option Agreement (Volitionrx LTD)

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Termination Period. This option may be exercised for three months after the optionee's Termination Date, except that if the Optionee's Termination of Service is for Cause, this option shall terminate on the Termination Date. Upon the death or Disability of the optionee, this option may be exercised for 12 months after the optionee's Termination Date. Special termination periods are set forth in Sections 2.3(B), 2.9, and 2.10 below. In no event may this option be exercised later than the Term of Award/Expiration Date provided below. Term of Award/Expiration Date:.

Appears in 1 contract

Samples: Stock Option Agreement (Welwind Energy International CORP)

Termination Period. This option may be exercised for three months after the optionee's Optionee’s Termination Date, except that if the Optionee's ’s Termination of Service is for Cause, this option shall terminate on the tenth calendar day following the Termination Date. Upon the death or Disability of the optioneeOptionee, this option may be exercised for 12 months after the optionee's Optionee’s Termination Date. Special termination periods are set forth in Sections 2.3(B), 2.9, and 2.10 below. In no event may this option be exercised later than the Term of Award/Expiration Date provided below. Term of Award/Expiration Date:: Ten (10) years from Grant Date.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Open Energy Corp)

Termination Period. This option may be exercised for three (3) months after the optionee's Optionee’s Termination Date, except that if the Optionee's ’s Termination of Service is for Cause, this option shall terminate on the Termination Date. Upon the death or Disability of the optioneeOptionee, this option may be exercised for 12 twelve (12) months after the optionee's Optionee’s Termination Date. Special termination periods are set forth in Sections 2.3(B), 2.9, and 2.10 below2.3.2. In no event may this option be exercised later than the Term of Award/Expiration Date provided below. Term of Award/Expiration Date:: Ten (10) Years from the Grant Date: July 1st, 2032.

Appears in 1 contract

Samples: Stock Option Agreement (Zoned Properties, Inc.)

Termination Period. This option may be exercised for [three months months] after the optionee's ’s Termination Date, except that if the Optionee's ’s Termination of Service is for Cause, this option shall terminate on the Termination Date. Upon the death or Disability of the optionee, this option may be exercised for [12 months months] after the optionee's ’s Termination Date. Special termination periods are set forth in Sections 2.3(B), 2.9, and 2.10 below. In no event may this option be exercised later than the Term of Award/Expiration Date provided below. Term of Award/Expiration Date:

Appears in 1 contract

Samples: Stock Option Agreement (Dgse Companies Inc)

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Termination Period. This option may be exercised for three months after the optionee's Termination Date, except that if the Optionee's Termination of Service is for Cause, this option shall terminate on the Termination Date. Upon the death or Disability of the optionee, this option may be exercised for 12 months after the optionee's Termination Date. Special termination periods are set forth in Sections 2.3(B), 2.9, and 2.10 below. In no event may this option be exercised later than the Term of Award/Expiration Date provided below. Term of Award/Expiration Date:and

Appears in 1 contract

Samples: Incentive Plan Stock Option Agreement

Termination Period. This option may be exercised for [three months months] after the optioneeOptionee's Termination Date, except that if the Optionee's Termination of Service is for Cause, this option shall terminate on the Termination Date. Upon the death or Disability of the optioneeOptionee, this option may be exercised for [12 months months] after the optioneeOptionee's Termination Date. Special termination periods are set forth in Sections 2.3(B), 2.9, and 2.10 below. In no event may this option be exercised later than the Term of Award/Expiration Date provided below. Term of Award/Expiration Date:

Appears in 1 contract

Samples: Stock Option Agreement (RadNet, Inc.)

Termination Period. This option may be exercised for three months after the optionee's ’s Termination Date, except that if the Optionee's ’s Termination of Service is for Cause, this option shall terminate on the Termination Date. Upon the death or Disability of the optionee, this option may be exercised for 12 months after the optionee's ’s Termination Date. Special termination periods are set forth in Sections 2.3(B), 2.9, and 2.10 below. In no event may this option be exercised later than the Term of Award/Expiration Date provided below. Term of Award/Expiration Date:

Appears in 1 contract

Samples: Equity Incentive Plan (VinCompass Corp.)

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