Common use of Exercise of the Option Clause in Contracts

Exercise of the Option. The OPTION may not be exercised until the OPTIONEE shall have completed twelve months of continuous employment with the COMPANY and/or its subsidiaries immediately following the date hereof. Thereafter, the OPTION may be exercised as follows:

Appears in 8 contracts

Samples: Form of Stock Option Agreement (Rurban Financial Corp), Stock Option Agreement (Barry R G Corp /Oh/), Stock Option Agreement (Barry R G Corp /Oh/)

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Exercise of the Option. The OPTION may not be exercised until the OPTIONEE shall have completed twelve months of continuous employment with the COMPANY and/or its subsidiaries immediately following the date hereof. Thereafter, except as otherwise provided in this Agreement, the OPTION may be exercised as follows:

Appears in 5 contracts

Samples: Stock Option Agreement (Barry R G Corp /Oh/), Stock Option Agreement (Barry R G Corp /Oh/), Stock Option Agreement (Barry R G Corp /Oh/)

Exercise of the Option. The Except as provided under Section 4 hereof, the OPTION may not be exercised until the OPTIONEE shall have completed twelve months of continuous employment with the COMPANY and/or its subsidiaries immediately following the date hereof. Thereafter, except as otherwise provided in this Agreement, the OPTION may be exercised as follows:

Appears in 2 contracts

Samples: Stock Option Agreement (Barry R G Corp /Oh/), Stock Option Agreement (Barry R G Corp /Oh/)

Exercise of the Option. The Except as provided under Section 4, the OPTION may not be exercised until the OPTIONEE shall have completed twelve months of continuous employment with the COMPANY and/or its subsidiaries immediately following the date hereof. Thereafter, except as otherwise provided in this Agreement, the OPTION may be exercised as follows:

Appears in 1 contract

Samples: Stock Option Agreement (Barry R G Corp /Oh/)

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Exercise of the Option. The Except as provided in Section 4, the OPTION may not be exercised until the OPTIONEE shall have completed twelve months of continuous employment with the COMPANY and/or its subsidiaries immediately following the date hereof. Thereafter, the OPTION may be exercised as follows:

Appears in 1 contract

Samples: Stock Option Agreement (Barry R G Corp /Oh/)

Exercise of the Option. The OPTION may not be exercised until the OPTIONEE shall have completed twelve months of continuous employment with the COMPANY and/or its subsidiaries immediately following the date hereof. Thereafter, except as otherwise provided in this Agreement, the OPTION may be exercised as follows:: 3

Appears in 1 contract

Samples: Stock Option Agreement (Barry R G Corp /Oh/)

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