Common use of Period of Option Clause in Contracts

Period of Option. Unless the Option is previously terminated pursuant to this Agreement, the term of the Option and this Agreement shall commence on the Date of Grant and shall terminate upon the tenth anniversary of the Date of Grant. Upon termination of the Option, all rights of the Optionee (including, without limitation, his or her guardian or legal representative) hereunder shall cease.

Appears in 14 contracts

Samples: 2019 Stock Incentive Plan Nonqualified Stock Option Agreement (Dine Brands Global, Inc.), Stock Incentive Plan Nonqualified Stock Option Agreement (Dine Brands Global, Inc.), 2019 Stock Incentive Plan Nonqualified Stock Option Agreement (Dine Brands Global, Inc.)

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Period of Option. Unless the Option is previously terminated pursuant to this Agreement, the The term of the Option and of this Agreement shall commence on the Date of Grant and shall terminate upon the tenth anniversary expiration of ten (10) years from the Date of Grant. Upon termination of the Option, all rights of the Optionee (including, without limitation, his or her guardian or legal representative) hereunder shall cease.

Appears in 9 contracts

Samples: Employee Non Qualified Stock Option Agreement (Novation Companies, Inc.), Employee Non Qualified Stock Option Agreement (Novation Companies, Inc.), Employee Non Qualified Stock Option Agreement (Novation Companies, Inc.)

Period of Option. Unless the Option is previously terminated pursuant to this Agreement, the The term of the Option and of this Agreement shall commence on the Date of Grant and shall terminate upon the tenth anniversary expiration of ten years from the Date of Grant. Upon termination of the Option, all rights of the Optionee (including, without limitation, his or her guardian or legal representative) hereunder shall cease.

Appears in 3 contracts

Samples: Stock Option Agreement (Novation Companies, Inc.), Stock Option Agreement (Novation Companies, Inc.), Stock Option Agreement (Novastar Financial Inc)

Period of Option. Unless the Option is previously terminated pursuant to this Agreement, the The term of the Option and of this Option Agreement shall commence on the Date of date hereof (the "Grant Date") and shall terminate upon the tenth anniversary earlier of (i) the Date expiration of Grant10 years from the Grant Date, or (ii) the date set forth in Section 6 hereof. Upon termination of the Option, all rights of the Optionee (including, without limitation, his or her guardian or legal representative) hereunder shall cease.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Energy West Inc), Non Qualified Stock Option Agreement (Energy West Inc)

Period of Option. Unless the Option is previously terminated pursuant to this Agreement, the The term of the Option and of this Option Agreement shall commence on the date hereof (the “Date of Grant Grant”) and shall terminate upon the tenth anniversary expiration of ten (10) years from the Date of Grant. Upon the termination of the Option, all rights of the Optionee (including, without limitation, his or her guardian or legal representative) hereunder shall cease.

Appears in 2 contracts

Samples: Combined Employee Incentive Stock Option and Non Qualified Stock Option Agreement (Oakley Inc), Combined Employee Incentive Stock Option and Non Qualified Stock Option Agreement (Oakley Inc)

Period of Option. Unless the Option is previously terminated pursuant to this Agreement, the The term of the Option and of this Option Agreement shall commence on the Date of date hereof (the “Grant Date”) and shall terminate upon the tenth anniversary earlier of (i) the expiration of years from the Grant Date, or (ii) the occurrence of one of the Date events set forth under Section 6.4.1 of Grantthe Plan. Upon termination of the Option, all rights of the Optionee (including, without limitation, his or her guardian or legal representative) hereunder shall cease.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Gordmans Stores, Inc.), Non Qualified Stock Option Agreement (Energy West Inc)

Period of Option. Unless the Option is previously terminated pursuant to this Agreement, the The term of the Option and of this Agreement shall commence on the Date of Grant and and, subject to earlier termination as provided herein, shall terminate upon the tenth anniversary expiration of ten (10) years from the Date of Grant. Upon termination of the Option, all rights of the Optionee (including, without limitation, his or her guardian or legal representative) hereunder shall cease.

Appears in 2 contracts

Samples: Employee Non Qualified Stock Option Agreement (Novation Companies, Inc.), Employee Non Qualified Stock Option Agreement (Novation Companies, Inc.)

Period of Option. Unless the Option is previously terminated pursuant to this Agreement or the Employment Agreement, the term of the Option and this Agreement shall commence on the Date of Grant and shall terminate upon the tenth anniversary of the Date of Grant. Upon termination of the Option, all rights of the Optionee (including, without limitation, his or her guardian or legal representative) hereunder shall cease.

Appears in 1 contract

Samples: 2016 Stock Incentive Plan Nonqualified Stock Option Agreement (DineEquity, Inc)

Period of Option. Unless The term of the Option and of this Option Grant shall commence on the date hereof (the “Date of Grant”) and, unless the Option is previously terminated pursuant to this AgreementOption Grant, the term of the Option and this Agreement shall commence on the Date of Grant and shall terminate upon the tenth anniversary expiration of ten years from the Date of Grant. Upon termination of the Option, all rights of the Optionee (including, without limitation, his or her guardian or legal representative) hereunder shall ceasecease except the right to receive DERs the Optionee is otherwise entitled to receive for dividends with a record date that was previous to the termination event.

Appears in 1 contract

Samples: Employee Incentive Stock Option (Redwood Trust Inc)

Period of Option. Unless the Option is previously terminated pursuant to this Agreement, the The term of the Option and of this Agreement shall commence on the Date of Grant and shall terminate upon the tenth anniversary expiration of ten (10) years from the Date of Grant. Upon termination of the Option, all rights of the Optionee (including, without limitation, his or her guardian or legal representative) hereunder shall cease. 4.

Appears in 1 contract

Samples: Employee Non Qualified Stock Option Agreement

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Period of Option. Unless the Option is previously terminated pursuant to this Agreement, the term of the Option and this Agreement shall commence on the Date of Grant and shall terminate upon the tenth anniversary of the Date of Grant. Upon termination of the Option, all rights of the Optionee (including, without limitation, his or her guardian or legal representative) hereunder shall cease.. (b)

Appears in 1 contract

Samples: 2016 Stock Incentive Plan Nonqualified Stock Option Agreement

Period of Option. Unless the Option option is previously terminated pursuant to this Option Agreement, the term of the Option and of this Option Agreement shall commence on the date hereof (the “Date of Grant Grant”) and shall terminate upon the tenth anniversary expiration of ten (10) years from the Date of Grant. Upon the termination of the Option, all rights of the Optionee (including, without limitation, his or her guardian or legal representative) hereunder shall cease.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Citizens & Northern Corp)

Period of Option. Unless The term of the Option and of this Option Agreement shall commence on the date hereof (the "Date of Grant") and, unless the Option is previously terminated pursuant to this Option Agreement, the term of the Option and this Agreement shall commence on the Date of Grant and shall terminate upon the tenth anniversary expiration of ten (10) years from the Date of Grant. Upon the termination of the Option, all rights of the Optionee (including, without limitation, his or her guardian or legal representative) hereunder shall cease.

Appears in 1 contract

Samples: Stock Option Agreement (Tickets Com Inc)

Period of Option. Unless the Option is previously terminated pursuant to this Option Agreement, the term of the Option and this Option Agreement shall commence on the date hereof (the "Date of Grant Grant") and shall terminate upon the tenth anniversary of the Date of Grant. Upon termination of the Option, all rights of the Optionee (including, without limitation, his or her guardian or legal representative) hereunder shall cease.

Appears in 1 contract

Samples: Incentive Plan Non Qualified Stock Option Agreement (Ihop Corp)

Period of Option. Unless the Option is previously terminated pursuant to this Agreement, the The term of the Option and of this Agreement shall commence on the Date of Grant and and, subject to earlier termination as provided herein, shall terminate upon the tenth anniversary expiration of ten (10) years from the Date of Grant. Upon termination of the Option, all rights of the Optionee (including, without limitation, his or her guardian or legal representative) hereunder shall cease.. 1186930

Appears in 1 contract

Samples: Employee Non Qualified Stock Option Agreement (Novation Companies, Inc.)

Period of Option. Unless the Option is previously terminated pursuant to this Agreement, the term of the Option and of this Agreement shall commence on the date hereof (the "Date of Grant Grant") and shall terminate upon the tenth anniversary expiration of 10 years from the Date of Grant. Upon the termination of the Option, all rights of the Optionee (including, without limitation, his or her guardian or legal representative) hereunder shall cease.. 1.3

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Juno Lighting Inc)

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