Examples of Option Expiration Date in a sentence
If the Participant’s Service terminates for any reason, except Disability, death or Cause, the Option, to the extent unexercised and exercisable for vested shares on the date on which the Participant’s Service terminated, may be exercised by the Participant at any time prior to the expiration of three (3) months (or such longer or shorter period provided by the Award Agreement) after the date on which the Participant’s Service terminated, but in any event no later than the Option Expiration Date.
Bristow, President and Chief Executive1/23/Name Number of Securities Underlying Unexercised Options(#) ExercisableOption Awards Number of Securities Underlying UnexercisedOptions(#) Unexercisable Option Exercise Price ($) Option Expiration Date Officer (3) 4,147– (1) Options vest in monthly installments through September 17, 2016.(2) Options vest in monthly installments through February 27, 2018.
Notwithstanding the foregoing, other than termination of Service for Cause, if the exercise of an Option within the applicable time periods set forth in Section 6.4(a) is prevented by the provisions of Section 14 below, the Option shall remain exercisable until the later of (i) thirty (30) days after the date such exercise first would no longer be prevented by such provisions or(ii) the end of the applicable time period under Section 6.4(a), but in any event no later than the Option Expiration Date.
Notwithstanding the foregoing, other than termination of Service for Cause, if theexercise of an Option within the applicable time periods set forth in Section 6.4(a) is prevented by the provisions of Section 15 below, the Optionshall remain exercisable until the later of (i) thirty (30) days after the date such exercise first would no longer be prevented by such provisions or (ii) the end of the applicable time period under Section 6.4(a), but in any event no later than the Option Expiration Date.
No Nonqualified Option shall be exercisable later than the Option Expiration Date.