Common use of Period of Option Clause in Contracts

Period of Option. The term of the Option shall be for a period of ten ---------------- years from the date hereof, subject to earlier termination as provided herein. Prior to the expiration of the Option, Optionee may exercise the Option for portions of the total option stock granted only in accordance with the vesting schedule set forth on Exhibit "A" attached hereto.

Appears in 11 contracts

Samples: Stock Option Agreement (Saf T Lok Inc), Stock Option Agreement (Saf T Lok Inc), Stock Option Agreement (Saf T Lok Inc)

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Period of Option. The term of the Option shall be for a period of ten five ---------------- years from the date hereof, subject to earlier termination as provided herein. Prior to the expiration of the Option, Optionee may exercise the Option for portions of the total option stock granted only in accordance with the vesting schedule set forth on Exhibit "A" attached hereto.

Appears in 6 contracts

Samples: Stock Option Agreement (Saf T Lok Inc), Stock Option Agreement (Saf T Lok Inc), Stock Option Agreement (Saf T Lok Inc)

Period of Option. The term of the Option shall be for a period of ten ---------------- seven years from the date hereof, subject to earlier termination as provided herein. Prior to the expiration of the Option, Optionee may exercise the Option for portions of the total option stock granted only in accordance with the vesting schedule set forth on Exhibit "A" attached hereto.

Appears in 5 contracts

Samples: Stock Option Agreement (Saf T Lok Inc), Stock Option Agreement (Saf T Lok Inc), Stock Option Agreement (Saf T Lok Inc)

Period of Option. The term of the Option shall be for a period of ten years ---------------- years from form the date hereof, subject to earlier termination as provided herein. Prior to the expiration of the Option, Optionee may exercise the Option for portions of the total option stock granted only in accordance with the vesting schedule set forth on Exhibit "A" attached hereto.

Appears in 2 contracts

Samples: Stock Option Agreement (Saf T Lok Inc), Stock Option Agreement (Saf T Lok Inc)

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Period of Option. The term of the Option shall be for a period of ten years ---------------- years from the date hereof, subject to earlier termination as provided herein. Prior to the expiration of the Option, Optionee may exercise the Option for portions of the total option stock granted only in accordance with the vesting schedule set forth on Exhibit "A" attached hereto.

Appears in 1 contract

Samples: Stock Option Agreement (Saf T Lok Inc)

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