Option Period definition

Option Period means the period during which an Option may be exercised.
Option Period means the period described in Section 7(c).
Option Period means the period from the date of this Agreement to and including the date of exercise or termination of the Option;

Examples of Option Period in a sentence

  • Subject to the terms and conditions of this Agreement, the Optionor grants the Optionee the sole and exclusive option, irrevocable within the Option Period, to purchase the Purchased Assets (the “Option”).

  • The Optionee may exercise the Option at any time during the Option Period by delivering to the Optionor a written notice electing to exercise the Option (the “Option Notice”).

  • If the Option is not exercised by the end of the Option Period, the Option shall be extinguished and this Agreement shall be of no further force and effect.


More Definitions of Option Period

Option Period shall commence on the Date of Grant and shall expire on the date immediately preceding the tenth (10th) anniversary of the Date of Grant, unless terminated earlier in accordance with Section 4 below. The Stock Option is a
Option Period means the period during which a Stock Option may be exercised from time to time, as established by the Board and set forth in the Award Agreement for each Participant who is granted a Stock Option.
Option Period means the period during which Options may be exercised as set forth in Section 10 hereof.
Option Period means the period during which an Option shall be exercisable in accordance with the related Agreement and Article VI.
Option Period means the term of an Option, as provided in Section 7(d).
Option Period means the period during which an Option is outstanding.
Option Period has the meaning set forth in Section 6.6(b).