Common use of Termination of Option Clause in Contracts

Termination of Option. (a) In no event may the Option be exercised after it terminates as set forth in this Section 2.4. The Option shall terminate, to the extent not exercised pursuant to Section 2.3 or earlier terminated pursuant to Section 2.2, on the Expiration Date.

Appears in 46 contracts

Samples: Series K Stock Option Agreement (Firearms Training Systems Inc), Stock Option Agreement (Firearms Training Systems Inc), Series J Stock Option Agreement (Firearms Training Systems Inc)

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Termination of Option. (a) In no event may the Option be exercised after it terminates as set forth in this Section 2.4. The Option shall terminate, to the extent not exercised pursuant to Section 2.3 or earlier terminated pursuant to Section 2.2, on the Expiration Date.

Appears in 9 contracts

Samples: Stock Option Agreement for Employees (Aptargroup Inc), Stock Option Agreement for Employees (Aptargroup Inc), Nonqualified Stock Option Agreement (Da-Lite Screen Co Inc)

Termination of Option. (a) In no event may the Option be exercised after it terminates as set forth in this Section 2.4. The Option shall terminate, to the extent not exercised pursuant to Section 2.3 or earlier terminated pursuant to Section 2.22.2 or Section 2.5, on the Expiration Date.

Appears in 6 contracts

Samples: Firearms Training Systems Inc, Firearms Training Systems Inc, Firearms Training Systems Inc

Termination of Option. (a) In no event may the Option be exercised after it terminates as set forth in this Section 2.42.5. The Option shall terminate, to the extent not exercised pursuant to Section 2.3 2.4 or earlier terminated pursuant to Section 2.22.3, on the Expiration Date.

Appears in 5 contracts

Samples: Stock Option Agreement for Employees (Amerus Group Co/Ia), Stock Option Agreement for Employees (Whitehall Jewellers Inc), Incentive Stock Option Agreement (Whitehall Jewellers Inc)

Termination of Option. (a) In no event may the Option be exercised --------------------- after it terminates as set forth in this Section 2.4. The Option shall terminate, to the extent not exercised pursuant to Section 2.3 or earlier terminated pursuant to Section 2.2, on the Expiration Date.

Appears in 4 contracts

Samples: Firearms Training Systems Inc, El Paso Electric Co /Tx/, Firearms Training Systems Inc

Termination of Option. (a) In no event may the Option Options be exercised after it terminates they terminate as set forth in this Section 2.4. The Option shall terminate, to the extent not exercised pursuant to Section 2.3 or earlier terminated pursuant to Section 2.2, on the Expiration Date2.

Appears in 4 contracts

Samples: 2004 Equity Incentive Plan (Potbelly Corp), 2004 Equity Incentive Plan (Potbelly Corp), 2004 Equity Incentive Plan (Potbelly Corp)

Termination of Option. (a) In no event may the Option be --------------------- exercised after it terminates as set forth in this Section 2.4. The Option shall terminate, to the extent not exercised pursuant to Section 2.3 or earlier terminated pursuant to Section 2.2, on the Expiration Date.

Appears in 4 contracts

Samples: Electric Company Stock Option Agreement (El Paso Electric Co /Tx/), Electric Company Stock Option Agreement (El Paso Electric Co /Tx/), El Paso Electric Company Stock Option Agreement (El Paso Electric Co /Tx/)

Termination of Option. (a) In no event may the Option be exercised after it terminates as set forth in this Section 2.4. The Option shall terminate, to the extent not exercised pursuant to Section 2.3 or earlier terminated or extended pursuant to Section 2.2, on the Expiration Date.

Appears in 3 contracts

Samples: Non Statutory Stock Option Agreement for Employees (Landauer Inc), Landauer Inc, Landauer Inc

Termination of Option. (a) In Subject to Section 2.2(g), in --------------------- no event may the Option be exercised after it terminates as set forth in this Section 2.4. The Option shall terminate, to the extent not earlier terminated pursuant to Sections 2.2 or 2.5 or exercised pursuant to Section 2.3 or earlier terminated pursuant to Section 2.22.3, on the Expiration Date.

Appears in 2 contracts

Samples: Stock Option Agreement (KPMG Consulting Inc), KPMG Consulting Inc

Termination of Option. (a) In no event may the Option be exercised after it terminates as set forth in this Section 2.4. The Option shall terminate, to the extent not exercised pursuant to Section 2.3 or earlier terminated pursuant to Section 2.22.2 or earlier exercised pursuant to Section 2.3, at 5:00 p.m. Central time on the Expiration Date.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Tactical Solution Partners, Inc.), Stock Option Agreement (Linting Richard L)

Termination of Option. (a) In Subject to Section 2.2(g), in no event may the Option be exercised after it terminates as set forth in this Section 2.4. The Option shall terminate, to the extent not exercised pursuant to Section 2.3 or earlier terminated pursuant to Section 2.22.2 or exercised pursuant to Section 2.3, on the Expiration Date.

Appears in 1 contract

Samples: KPMG Consulting Inc

Termination of Option. (a) In no event may the Option be exercised after it terminates as set forth in this Section paragraph 2.4. The Option shall terminate, terminate to the extent not exercised pursuant to Section 2.3 or earlier terminated pursuant to Section 2.2, on the or before its Expiration Date.

Appears in 1 contract

Samples: Maytag Corporation (Maytag Corp)

Termination of Option. (a) In no event may the any Option be exercised --------------------- after it terminates as set forth in this Section 2.4. The Option Options shall terminate, to the extent not exercised pursuant to Section 2.3 or earlier terminated pursuant to Section 2.2, on the Expiration Date.

Appears in 1 contract

Samples: Electric Company Stock Option Agreement (El Paso Electric Co /Tx/)

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Termination of Option. (a) In no event may the Option be exercised after it terminates as set forth in this Section 2.4. The Option shall terminate, to the extent not exercised pursuant to Section 2.3 or earlier terminated pursuant to Section 2.2, on 2.2 at the Expiration Dateexpiration of the Option Term.

Appears in 1 contract

Samples: Qualified Stock Option Agreement for Employees (Platinum Technology Inc)

Termination of Option. (a) In in no event may the Option be exercised after it terminates as set forth in this Section 2.42.3. The Option shall terminate, to the extent not exercised terminate pursuant to Section 2.3 2.1 hereof or earlier terminated pursuant to Section 2.2IV.8 of the Plan, on the Expiration Date.

Appears in 1 contract

Samples: Corporation Stock Option Agreement (Koeller Robert M)

Termination of Option. (a) In no event may the Option be exercised after it terminates as set forth in this Section 2.4section. The Option shall terminate, to To the extent not exercised pursuant to this Section 2.3 1, the Option shall terminate as of the Expiration Date or such earlier terminated date pursuant to Section 2.2, on the Expiration Datethis Agreement.

Appears in 1 contract

Samples: Term Incentive Program (Owens Corning)

Termination of Option. (a) In no event may the Option be exercised after it terminates as set forth in this Section 2.4. The Option shall terminate, to the extent not exercised pursuant to Section 2.3 or earlier terminated pursuant to Section 2.22.2 or exercised pursuant to Section 2.3, on the Expiration Date.

Appears in 1 contract

Samples: Stock Option Agreement (Bearingpoint Inc)

Termination of Option. (a) In no event may the Option be exercised after it terminates as set forth in this Section 2.4. The Option shall terminate, to the extent not exercised pursuant to Section 2.3 or earlier terminated pursuant to Section 2.2, on the its Expiration Date.

Appears in 1 contract

Samples: Employee Stock Option Agreement (Plato Learning Inc)

Termination of Option. (a) In Subject to Section 2.2(g), in no event may the Option be exercised after it terminates as set forth in this Section 2.4. The Option shall terminate, to the extent not earlier terminated pursuant to Sections 2.2 or 2.5 or exercised pursuant to Section 2.3 or earlier terminated pursuant to Section 2.22.3, on the Expiration Date.

Appears in 1 contract

Samples: Stock Option Agreement (Bearingpoint Inc)

Termination of Option. (a) In no event may the Option be exercised after it terminates as set forth in this Section 2.42.3. The Option shall terminate, to the extent not exercised pursuant to Section 2.3 2.2 or earlier terminated pursuant to Section 2.22.1, on the Expiration Date.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Whitehall Jewellers Inc)

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