Common use of Basic Term Clause in Contracts

Basic Term. This option shall in any event expire on the expiration date set forth in the Notice of Stock Option Grant, which date is 10 years after the Date of Grant (five years after the Date of Grant if this option is designated as an ISO in the Notice of Stock Option Grant and Section 3(b) of the Plan applies).

Appears in 8 contracts

Samples: Terms and Conditions (Eventbrite, Inc.), Compensation Agreement (Selectica Inc), Stock Purchase Agreement (Adforce Inc)

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Basic Term. This option shall in any event expire on the expiration date set forth in the Notice of Stock Option Grant, which date is 10 shall not exceed ten years after the Date of Grant (five years after the Date of Grant if this option is designated as an ISO in the Notice of Stock Option Grant Grant, and the Optionee is a 10% owner as described in Section 3(b) 6 of the Plan appliesPlan).

Appears in 1 contract

Samples: 2018 Stock and Incentive Plan (Green Thumb Industries Inc.)

Basic Term. This option shall in any event expire on the expiration date set forth in the Notice of Stock Option Grant, which date is 10 shall not exceed seven years after the Date of Grant (five years after the Date of Grant if this option is designated as an ISO in the Notice of Stock Option Grant Grant, and the Optionee is a 10% owner as Updated July 2022 described in Section 3(b) 6 of the Plan appliesPlan).

Appears in 1 contract

Samples: Stock and Incentive Plan Stock Option Agreement (Green Thumb Industries Inc.)

Basic Term. This option Option shall in any event expire on the expiration date set forth in the Notice of Stock Option Grant, which date is 10 years after the Date of Grant (five years after the Date of Grant if this option Option is designated as an ISO in the Notice of Stock Option Grant and Section 3(b) 8.2 of the Plan applies).

Appears in 1 contract

Samples: Driveway Corp

Basic Term. This option Option shall in any event expire on the expiration date set forth in the Notice of Stock Option Grant, which date is 10 years after the Date of Grant (five years after the Date of Grant if this option Option is designated as an ISO in the Notice of Stock Option Grant and Section 3(b) 10 of the Plan applies).

Appears in 1 contract

Samples: Cisco Systems Inc

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Basic Term. This option shall in any event expire on the expiration date set forth in the Notice of Stock Option Grant, which date is 10 years after the Date of Grant (five years after the Date of Grant if this option is designated as an ISO in the Notice of Stock Option Grant and Section 3(b) of the Plan applies)Grant.

Appears in 1 contract

Samples: I2 Technologies Inc

Basic Term. This option shall in any event expire on the expiration date set forth in the Notice of Stock Option Grant, which date is 10 shall not exceed ten years after the Date of Grant (five years after the Date of Grant if this option is designated as an ISO in the Notice of Stock Option Grant Grant, and the Optionee is a 10% owner as described in Section 3(b6(a)(iv)(C) of the Plan appliesPlan).

Appears in 1 contract

Samples: Midway Gold Corp

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