Option Expiration Date definition

Option Expiration Date means the last day of the maximum term of an Option.

Option Expiration Date means the date ten (10) years after the Date of Option Grant.

Option Expiration Date means the date of expiration of the Option’s term as set forth in the Award Agreement.

Examples of Option Expiration Date in a sentence

• The Option shall terminate and may no longer be exercised after the first to occur of (a) the close of business on the Option Expiration Date, (b) the close of business on the last date for exercising the Option following termination of the Participant’s Service as described in Section 7, or (c) a Change in Control to the extent provided in Section 8.

• Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth in Section 7.1 is prevented by the provisions of Section 4.6, the Option shall remain exercisable until three (3) months after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Expiration Date.

• If the Participant’s Service terminates because of the Disability of the Participant, the Option, to the extent unexercised and exercisable for Vested Shares on the date on which the Participant’s Service terminated, may be exercised by the Participant (or the Participant’s guardian or legal representative) at any time prior to the expiration of twelve (12) months after the date on which the Participant’s Service terminated, but in any event no later than the Option Expiration Date.

• If the Participant’s Service terminates for any reason, except Disability, death or Cause, the Option, to the extent unexercised and exercisable for vested shares on the date on which the Participant’s Service terminated, may be exercised by the Participant at any time prior to the expiration of three (3) months (or such longer or shorter period provided by the Award Agreement) after the date on which the Participant’s Service terminated, but in any event no later than the Option Expiration Date.

• Notwithstanding the foregoing, other than termination of Service for Cause, if the exercise of an Option within the applicable time periods set forth in Section 6.4(a) is prevented by the provisions of Section 14 below, the Option shall remain exercisable until the later of (i) thirty (30) days after the date such exercise first would no longer be prevented by such provisions or (ii) the end of the applicable time period under Section 6.4(a), but in any event no later than the Option Expiration Date.

More Definitions of Option Expiration Date

Option Expiration Date means the date determined by Committee which shall not be more than ten years after the date of grant of an Option.

Option Expiration Date means the date ten years after the Date of Option Grant.

Option Expiration Date means the ninth anniversary of the date of this Agreement.

Option Expiration Date means the date seven (7) years after the Date of Option Grant.

Option Expiration Date means the date listed under the heading “Expiration” in the Grant Notice.

Option Expiration Date means the date five (5) years after the Date of Option Grant.

Option Expiration Date means, with respect to an Option, the date determined by the Committee, which shall not be more than ten (10) years after the date of grant of such Option.