Expiration of Options definition

Expiration of Options. Any options that remain unexercised as of the termination of this Agreement or the expiration of the Term shall automatically and immediately expire and no longer be of any force or effect. Detailed terms of the Option shall be set forth in the form of Non-Qualified Stock Option Agreement between the Company and the Consultant, substantially in the form attached as Exhibit A to this Agreement. The Company agrees to register the Shares promptly after signing of this agreement for resale under the Securities Act of 1933, as amended, pursuant to a registration statement filed with the Securities and Exchange Commission on Form S-8 (or, if Form S-8 is not then available, such other form of registration statement available), pursuant to the terms of such registration set forth in the Non-Qualified Stock Option Agreement.
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Expiration of Options. Any options that remain unexercised as of the termination of this Agreement shall automatically and immediately expire and no longer be of any force or effect.
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Expiration of Options. Each option shall expire on the fifth anniversary of its respective exercise date set forth above; provided, however, that the Board of Directors shall have authority to extend any of such expiration dates at the request of the Optionee, which request shall not be unreasonably denied.
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Examples of Expiration of Options in a sentence

  • Article 67 (Expiration of Options Positions upon Options Exercise)1.

  • By: Title: EMPLOYEE Schedule A to Stock Option Agreement Employee Name & Address: [ ] [ ] [ ] Employee Social Security Number: [ ] Number and Type of Options: [ ] non-qualified options Exercise Price: $[ ] per share Vesting: 1/3 on [ ]; 2/3 on [ ]; 100% on [ ] Expiration of Options: [ ] NATIONAL HEALTH LABORATORIES HOLDINGS INC.

  • Article 60 Deleted Article 61 (Expiration of Options Positions)1.

  • Expiration of Options: Each Option granted pursuant to this Plan will expire not later than ten years after the date on which such Option was granted.

  • Expiration of Options Options may be exercisable for a term of up to ten years, subject to earlier termination in the event of death, disability or the participant’s cessation of services to the Corporation.

  • Upon exercise and full payment of the Exercise Price for Shares with respect to which the Options are thereby exercised, the Company shall deliver to you or your legal representative one Share for each Option with respect to which you have exercised and paid.(c) Expiration of Options.

  • By: ------------------------------ EMPLOYEE Title: ---------------------------- -------------------- 7 Schedule A to Stock Option Agreement Employee Name & Address: [ ] [ ] [ ] Employee Social Security Number: [ ] Number and Type of Options: [ ] non-qualified options Exercise Price: $[ ] per share Vesting: 1/3 on [ ]; 2/3 on [ ]; 100% on [ ] Expiration of Options: [ ] EXHIBIT 5‌ NATIONAL HEALTH LABORATORIES HOLDINGS INC.

  • The Parties shall negotiate and execute such written agreement without undue delay.4.3 Expiration of Options and Disputes Related to Options.

  • Expiration of Options: As provided in Paragraphs 4 and 9 of this Agreement.

  • Gary Blackford will have the right in his Option Agreement to net amounts owed by him for any withholding taxes resulting from the exercise of any Options.5.6 Expiration of Options.

Related to Expiration of Options

  • Non-Tandem Stock Appreciation Right means the right to receive an amount in cash and/or stock equal to the difference between (x) the Fair Market Value of a share of Common Stock on the date such right is exercised, and (y) the aggregate exercise price of such right, otherwise than on surrender of a Stock Option.

  • Date of Option Grant means ____________, 199_.

  • Number of Options For each Component, as provided in Annex A to this Confirmation.6 Option Entitlement: One Share Per Option Strike Price: USD [_____] Cap Price: USD [_____]; provided that in no event shall the Cap Price be reduced to an amount less than the Strike Price in connection with any adjustment by the Calculation Agent under this Confirmation.

  • Stock Appreciation Right Agreement means a written agreement between the Company and a holder of a Stock Appreciation Right evidencing the terms and conditions of a Stock Appreciation Right grant. Each Stock Appreciation Right Agreement will be subject to the terms and conditions of the Plan.

  • Option Exercise Period has the meaning set forth in Section 5.3(c).

  • Tandem Stock Appreciation Right means the right to surrender to the Company all (or a portion) of a Stock Option in exchange for an amount in cash and/or stock equal to the difference between (i) the Fair Market Value on the date such Stock Option (or such portion thereof) is surrendered, of the Common Stock covered by such Stock Option (or such portion thereof), and (ii) the aggregate exercise price of such Stock Option (or such portion thereof).

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • Stock Appreciation Rights Agreement means a written agreement between the Company and a Holder with respect to an Award of Stock Appreciation Rights.

  • Stock Appreciation Right or “SAR” means a right to receive the appreciation on Common Stock that is granted pursuant to the terms and conditions of Section 5.

  • Director Option means an Option granted pursuant to Section 6.

  • Option Grant Date means, as to any Stock Option, the latest of:

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • CONCURRENT STOCK APPRECIATION RIGHT or "CONCURRENT RIGHT" means a right granted pursuant to subsection 8(b)(2) of the Plan.

  • Stock Appreciation Rights or “SAR” means a right granted to a Participant under Section 6(c).

  • Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.

  • Limited Stock Appreciation Right means an Award of a limited Tandem Stock Appreciation Right or a Non-Tandem Stock Appreciation Right made pursuant to Section 7.5 of this Plan.

  • Tandem Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is granted in tandem with an Option Right.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Initial Exercise Date shall have the meaning ascribed to such term in the Preamble.

  • INDEPENDENT STOCK APPRECIATION RIGHT or "INDEPENDENT RIGHT" means a right granted pursuant to subsection 8(b)(3) of the Plan.

  • Rights or Options means warrants, options or other rights to purchase or acquire shares of Common Stock or Convertible Securities.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Rollover Options has the meaning provided in Subsection 3.1(h).

  • Notice of Stock Option Grant means the document so entitled to which this Agreement is attached.

  • Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.

  • Option Exercise Date has the meaning specified in Section 2.1.