Common use of Option Term Clause in Contracts

Option Term. The term of the Option and of this Option Agreement (the "Option Term") shall commence on the Date of Grant and, unless the Option is previously terminated pursuant to this Option Agreement, shall terminate upon the expiration of ten (10) years from the Date of Grant. Upon expiration of the Option Term, all rights of the Optionee hereunder shall terminate.

Appears in 7 contracts

Samples: Option Agreement (Cherokee International Corp), Stock Option Plan Option Agreement (Cherokee International Corp), Qualified Stock Option Agreement (Classic Communications Inc)

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Option Term. The term of the Option and of this Option Agreement (the "Option Term") shall commence on the Grant Date of Grant and, unless the Option is previously terminated pursuant to the Plan or this Option Agreement, shall terminate upon the expiration of ten (10) years from the Date of GrantGrant Date. Upon Unless earlier terminated or forfeited, upon expiration of the Option Term, all of your rights of under the Optionee hereunder Plan and this Agreement with respect to the Option shall terminate.

Appears in 5 contracts

Samples: 2020 Template (Entergy New Orleans, LLC), Stock Option Agreement (Entergy Mississippi Inc), Stock Option Agreement (Entergy New Orleans, LLC)

Option Term. The term of the Option and of this the Option Agreement (the "Option Term") shall commence on the Date of Grant and, unless the Option is previously terminated pursuant to this Option AgreementParagraph 5 below, shall terminate upon the expiration of ten (10) years from the Date of GrantGrant (the “Expiration Date”). Upon expiration As of the Option TermExpiration Date, all rights of the Optionee hereunder shall terminate. 3.

Appears in 3 contracts

Samples: Stock Option Agreement (Kinetic Concepts Inc /Tx/), Plan Nonqualified Stock Option Agreement (Kinetic Concepts Inc /Tx/), Plan Nonqualified Stock Option Agreement (Kinetic Concepts Inc /Tx/)

Option Term. The term of the Option and of this Option Agreement (the "Option Term") shall commence on the Grant Date of Grant and, unless the Option is previously terminated pursuant to this Option Agreement, shall terminate upon the expiration of ten (10) years from the Date of GrantGrant Date. Upon expiration of the Option Term, all of your rights of under this Agreement with respect to the Optionee hereunder Option shall terminate.

Appears in 3 contracts

Samples: Option Agreement (Entergy Texas, Inc.), Entergy Texas, Inc., Entergy Texas, Inc.

Option Term. The term of the Option and of this Option Agreement (the "Option Term") shall commence on the Date of Grant and, unless the Option is previously terminated pursuant to this Option Agreement, shall terminate upon the expiration of ten seven (107) years from the Date of Grant. Upon expiration of the Option Term, all rights of the Optionee hereunder shall terminate.

Appears in 2 contracts

Samples: Corporation 2003 Omnibus Stock Incentive Plan Stock Option Agreement (General Nutrition Centers Inc), Omnibus Stock Incentive Plan Non Qualified Stock Option Agreement (General Nutrition Centers Inc)

Option Term. The term of the Option and of this Option Agreement (the "Option Term") shall commence on the Date of Grant and, unless the Option is previously otherwise terminated pursuant to this Option Agreement, shall terminate upon the expiration tenth anniversary of ten (10) years from the Date of Grant. Upon In no event may the Option be exercised after expiration of the Option Term, all rights of the Optionee hereunder shall terminate.

Appears in 2 contracts

Samples: Stock Option Agreement (Infrasource Services Inc), Stock Option Agreement (Infrasource Services Inc)

Option Term. The term of the Option and of this Option Agreement (the "Option Term") shall commence on the Date of Grant and, unless the Option is previously terminated pursuant to this Option Agreement, shall terminate upon the expiration of ten (10) years from the Date of Grant. Upon expiration of the Option Term, all rights of the Optionee hereunder shall terminate.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Educate Inc), Non Qualified Stock Option Agreement (Educate Inc)

Option Term. The term of the Option and of this Option Agreement (the "Option Term") shall commence on the Date of Grant and, unless the Option is previously terminated pursuant to this Option Agreement, shall terminate upon the expiration of ten (10) years from the Date of Grant. Upon expiration of the Option Term, all of your rights of under this Agreement with respect to the Optionee hereunder Option shall terminate.

Appears in 2 contracts

Samples: Entergy Corp /De/, Entergy Mississippi Inc

Option Term. The term of the Option and of this Option Agreement ----------- (the "Option Term") shall commence on the Date of Grant and, unless the Option is previously terminated pursuant to this Option Agreement, shall terminate upon the expiration of ten (10) years from the Date of Grant. Upon expiration of the Option Term, all rights of the Optionee hereunder shall terminate.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Petsmart Com Inc), Nonqualified Stock Option Agreement (Petsmart Com Inc)

Option Term. The term of the Option and of this Option Agreement (the "Option Term") shall commence on the Date of Grant and, unless the Option is previously terminated pursuant to this Option Agreement, shall terminate upon the expiration of ten (10) years from the Date of Grant. Upon Notwithstanding any other provision of this Option Agreement, upon expiration of the Option Term, the Option shall expire and all rights of the Optionee hereunder shall terminate.

Appears in 2 contracts

Samples: Stockholders Agreement (Petco Holdings Inc), Stockholders Agreement (Petco Holdings Inc)

Option Term. The term of the Option and of this Option Agreement (the "Option Term") shall commence on the Date of Grant and, unless the Option is previously terminated earlier pursuant to the Plan or this Option Agreement, the Option shall terminate upon expire on the expiration [seventh/tenth]2 anniversary of ten (10) years from the Date of Grant. Upon expiration of Grant (the Option Term, all rights of the Optionee hereunder shall terminate“Expiration Date”).

Appears in 1 contract

Samples: Corporation 2006 Stock Incentive Plan Incentive Stock Option Agreement (US BioEnergy CORP)

Option Term. The term of the Option and of this Option Agreement (the "Option Term") shall commence on the Effective Date of Grant and, unless the Option is previously terminated pursuant to the Plan or this Option Agreement, shall terminate upon the expiration of ten (10) years from the Date of GrantEffective Date. Upon expiration of the Option Term, all rights of the Optionee hereunder shall terminate.

Appears in 1 contract

Samples: Of Stock Option Agreement (Regal Entertainment Group)

Option Term. The term of the Option and of this Option Agreement (the "Option Term") shall commence on the Date of Grant and, unless the Option is previously terminated earlier pursuant to the Plan or this Option Agreement, the Option shall terminate upon expire on the expiration tenth anniversary of ten (10) years from the Date of Grant. Upon expiration of Grant (the Option Term, all rights of the Optionee hereunder shall terminate“Expiration Date”).

Appears in 1 contract

Samples: Us Bioenergy (US BioEnergy CORP)

Option Term. The term of the Option and of this Option Agreement (the "Option Term") shall commence on the Grant Date of Grant and, unless the Option is previously terminated pursuant to the Plan or this Option Agreement, shall terminate upon the expiration of ten (10) years from the Date of GrantGrant Date. Upon expiration of the Option Term, all of your rights of under the Optionee hereunder Plan and this Agreement with respect to the Option shall terminate.

Appears in 1 contract

Samples: Option Agreement (Entergy Arkansas Inc)

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Option Term. The term of the Option and of this Option Agreement (the "Option Term") shall commence on the Date of Grant and, unless the Option is previously otherwise terminated pursuant to this Option Agreement, shall terminate upon the expiration tenth anniversary of ten (10) years from the Date of Grant. Upon In no event may the Option be exercised after expiration of the Option Term, all rights of the Optionee hereunder shall terminate.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Infrasource Services Inc)

Option Term. The term of the Option and of this Option Agreement (the "Option Term") shall commence on the Date of Grant and, unless the Option is previously otherwise terminated pursuant to this Option Agreement, shall terminate upon the expiration tenth anniversary of ten (10) years from the Date of GrantGrant (the "Expiration Date"). Upon In no event may the Option be exercised after expiration of the Option Term, all rights of the Optionee hereunder shall terminate.

Appears in 1 contract

Samples: Infrasource Services (Infrasource Services Inc)

Option Term. The term of the Option and of this Option Agreement (the "Option Term") shall commence on the Date of Grant Grant, as set forth above and, unless the Option is previously terminated pursuant to the Plan or this Option Agreement, shall terminate upon the expiration of ten (10) years from the Date of Grant. Upon expiration of the Option Term, all rights of the Optionee hereunder shall terminate.

Appears in 1 contract

Samples: Form of Stock Option Agreement (JER Investors Trust Inc)

Option Term. The term of the Option and of this Option Agreement (the ----------- "Option Term") shall commence on the Effective Date (the "Date of Grant Grant") (the and, unless the Option is previously terminated pursuant to this Option Agreement, shall terminate upon the expiration of ten (10) years from the Date of Grant. Upon expiration of the Option Term, all rights of the Optionee hereunder shall terminate.

Appears in 1 contract

Samples: Non Qualified Stock Option Notice and Agreement (Altavista Co)

Option Term. The term of the Option and of this the Option Agreement (the "Option Term") shall commence on the Date of Grant and, unless the Option is previously terminated pursuant to this Option AgreementSection 6 hereof, shall terminate upon the expiration of ten (10) years from the Date of GrantGrant (the “Expiration Date”). Upon expiration As of the Option TermExpiration Date, all rights of the Optionee hereunder shall terminate.

Appears in 1 contract

Samples: Option Agreement (Alamo Group Inc)

Option Term. The term of the Option and of this Option Agreement (the "Option Term") shall commence on the Date of Grant and, unless the Option is previously terminated pursuant to this Option Agreement, shall terminate upon the expiration of ten seven (107) years from the Date of Grant. Upon expiration of the Option Term, all rights of the Optionee hereunder shall terminate.

Appears in 1 contract

Samples: Omnibus Stock Incentive Plan Stock Option Agreement (GNC Corp)

Option Term. The term of the Option and of this Option Agreement (the "Option Term") shall commence on the Date of Grant and, unless the Option is previously otherwise terminated pursuant to this Option Agreement, shall terminate upon the expiration tenth anniversary of ten (10) years from the Date of GrantGrant (the “Expiration Date”). Upon In no event may the Option be exercised after expiration of the Option Term, all rights of the Optionee hereunder shall terminate.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Infrasource Services Inc)

Option Term. The term of the Option and of this the Option Agreement (the "Option Term") shall commence on the Date of Grant and, unless the Option is previously terminated pursuant to this Option AgreementParagraph 5 below, shall terminate upon the expiration of ten (10) years from the Date of GrantGrant (the "Expiration Date"). Upon expiration As of the Option TermExpiration Date, all rights of the Optionee hereunder shall terminate.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Kinetic Concepts Inc)

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