Common use of TIME OF GRANTING OPTIONS Clause in Contracts

TIME OF GRANTING OPTIONS. The date of grant of the Option shall, for all purposes, be the date on which the Board makes the determination granting such Option, or such later date as is determined by the Board. Notice of the determination shall be given to each Service Provider to whom an Option is so granted within a reasonable time after the date of such grant.

Appears in 5 contracts

Samples: Option Agreement (Catalyst Biosciences, Inc.), Option Agreement (Catalyst Biosciences, Inc.), Option Agreement (Targacept Inc)

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TIME OF GRANTING OPTIONS. The date of grant of the an Option shall, for all ------------------------ purposes, be the date on which the Board makes the determination granting such Option, or such later other date as is determined by the Board. Notice of the determination shall be given to each Service Provider Director or Employee to whom an Option is so granted within a reasonable time after the date of such grant.

Appears in 4 contracts

Samples: Limited Liability Company Operating Agreement (Bioral Nutrient Delivery LLC), Limited Liability Company Operating Agreement (Bioral Nutrient Delivery LLC), Limited Liability Company Operating Agreement (Biodelivery Sciences International Inc)

TIME OF GRANTING OPTIONS. The date of grant of an Option under the Option Plan other than Options granted to Directors shall, for all purposes, be the date on which the Board makes the determination granting such Option, or such later date as is determined by the Board. Notice of the determination shall be given to each Service Provider Employee to whom an Option is so granted within a reasonable time after the date of such grant. Options to Directors shall be granted at the times provided for in Section 4(e) above.

Appears in 4 contracts

Samples: Stock Option Agreement (Chase Arnold L), Stock Option Agreement (Chase Arnold L), Stock Option Agreement (Chase Cheryl A)

TIME OF GRANTING OPTIONS. The date of grant of the an Option shall, for all purposes, be the date on which the Board makes the determination granting such Option, or such later other date as is determined by the Board. Notice of the determination shall be given to each Service Provider Director or Employee to whom an Option is so granted within a reasonable time after the date of such grant.

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement (Biodelivery Sciences International Inc), Limited Liability Company Operating Agreement (Bioral Nutrient Delivery LLC), Limited Liability Company Operating Agreement (Bioral Nutrient Delivery LLC)

TIME OF GRANTING OPTIONS. The date of grant of the an Option shall, for all purposes, be the date on which the Board Administrator makes the determination granting such Option, or such later other date as is determined by the Board. Notice of the determination shall be given to each Service Provider Employee or Consultant to whom an Option is so granted within a reasonable time after the date of such grant.

Appears in 2 contracts

Samples: Seagate Technology (Seagate Technology Inc), Seagate Technology Inc

TIME OF GRANTING OPTIONS. The date of grant of the an Option shall, for all purposes, be the date on which the Board makes the determination granting such Option, or such later date as is determined by the Boardin accordance with Section 4(b) hereof. Notice of the determination shall be given to each Service Provider Outside Director to whom an Option is so granted within a reasonable time after the date of such grant.

Appears in 1 contract

Samples: Vital Images Inc

TIME OF GRANTING OPTIONS. The date of grant of the an Option shall, for all purposes, be the date on which the Board Committee makes the determination granting such Option, or such later date as is determined by the Board. Notice of the determination shall be given to each Service Provider Participant to whom an Option is so granted within a reasonable time after the date of such grant.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Pia Merchandising Services Inc)

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TIME OF GRANTING OPTIONS. The date of grant of the an Option shall, for all ------------------------ purposes, be the date on which the Board Administrator makes the determination granting such Option, or such later other date as is determined by the Board. Notice of the determination shall be given to each Service Provider Employee or Consultant to whom an Option is so granted within a reasonable time after the date of such grant.

Appears in 1 contract

Samples: Stock Option Agreement (Seagate Software Information Management Group Holdings Inc)

TIME OF GRANTING OPTIONS. The date of grant of the an Option shall, for all purposes, be the date on which the Board makes the determination granting such Option, or such later date as is determined by the Board. Notice of the determination shall be given to each Service Provider Employee or Consultant to whom an Option is so granted within a reasonable time after the date of such grant.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Airport Systems International Inc)

TIME OF GRANTING OPTIONS. The date of grant of the an Option shall, for all purposes, be the date on which the Board Administrator makes the determination granting such Option, or such later date as is determined by the BoardAdministrator. Notice of the determination shall be given to each Service Provider to whom an Option is so granted within a reasonable time after the date of such grant.

Appears in 1 contract

Samples: Stock Option Agreement (Cadence Design Systems Inc)

TIME OF GRANTING OPTIONS. The date of grant of the an Option shall, for all purposes, be the date on which the Board Company makes the determination granting such Option, or such later other date as is determined by the Board. Notice of the determination shall be given to each Service Provider Employee or Consultant to whom an Option is so granted within a reasonable time after the date of such grant.

Appears in 1 contract

Samples: Employment Agreement (Targeted Medical Pharma, Inc.)

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