Common use of Option Exercisability Clause in Contracts

Option Exercisability. Subject to earlier termination of the Option as otherwise provided herein and unless otherwise provided by the Board, the vested portion of the Option shall be exercisable after the Optionee’s termination of Service only during the applicable time period determined in accordance with this Section 7 and thereafter shall terminate:

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (TearLab Corp), Nonstatutory Stock Option Agreement (TearLab Corp)

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Option Exercisability. Subject to earlier termination of the Option as otherwise provided herein and unless otherwise provided by the BoardBoard in the grant of an Option and set forth in the Option Agreement, the vested portion of the an Option shall be exercisable after the an Optionee’s termination of Service only during the applicable time period determined in accordance with this Section 7 6.6 and thereafter shall terminate:

Appears in 1 contract

Samples: Merger Agreement (Charmed Homes Inc.)

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Option Exercisability. Subject to earlier termination of the Option as otherwise provided herein and unless otherwise provided by the Board, the vested portion of the Option shall be exercisable after the Optionee’s termination of Service only during the applicable time period determined in accordance with this Section 7 and thereafter shall terminate:

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (TearLab Corp)

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