Common use of Award of Option Clause in Contracts

Award of Option. (a) Subject to the terms and conditions of this Agreement, the Plan and the Grant Details, the Company hereby grants the Option to the Eligible Individual. Reference is made to the “Grant Details” that can be found on the equity plan website of the current professional selected by the Company to administer the Plan (the “Plan Administrator”), currently located at wxx.xxxxxxxxxxx.xxxxxxxx.xxx (or any successor equity administration system selected by the Company to manage the Plan from time to time). The Grant Details, which set forth the number of Shares underlying the Option, the gxxxx xxxxx which is the per Share exercise price of the Option, the Grant Date of the Option, and the vesting schedule of the Option (among other information), are hereby incorporated by reference into, and shall be read as part and parcel of, this Agreement. (b) The Option shall be a Nonqualified Option. Unless earlier terminated pursuant to the terms of this Agreement or the Plan, the Option shall expire on the ten-year anniversary of the Grant Date.

Appears in 8 contracts

Samples: Option Agreement (TripAdvisor, Inc.), Option Agreement (TripAdvisor, Inc.), Option Agreement (TripAdvisor, Inc.)

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Award of Option. (a) Subject to the terms and conditions of this Agreement, the Plan and the Grant Details, the Company hereby grants the Option to the Eligible Individual. Reference is made to the “Grant Details” that can be found on the equity plan website of the current professional selected by the Company to administer the Plan (the “Plan Administrator”), currently located at wxx.xxxxxxxxxxx.xxxxxxxx.xxx (or any successor equity administration system selected by the Company to manage the Plan from time to time). The Grant Details, which set forth the number of Shares underlying the Option, the gxxxx xxxxx which is the per Share exercise price of the Option, the Grant Date of the Option, and the vesting schedule period of the Option (among other information), are hereby incorporated by reference into, and shall be read as part and parcel of, this Agreement. (b) The Option shall be a Nonqualified Option. Unless earlier terminated pursuant to the terms of this Agreement or the Plan, the Option shall expire on the ten-year anniversary of the Grant Date.

Appears in 1 contract

Samples: Option Agreement (TripAdvisor, Inc.)

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Award of Option. (a) Subject to the terms and conditions of this Agreement, the Plan and the Grant DetailsDetails (as defined below), the Company hereby grants the Option to the Eligible Individual. Reference is made to the “Grant Details” that can be found on the equity plan website of the current professional selected by the Company to administer the Plan (the “Plan Administrator”), currently located at wxx.xxxxxxxxxxx.xxxxxxxx.xxx (or any successor equity administration system selected by the Company to manage the Plan from time to time). The Your Grant Details, which set forth the number of Shares underlying the Option, the gxxxx xxxxx which is the per Share exercise price of the Option, the Grant Date of the Option, and the vesting schedule of the Option (among other information), are is hereby incorporated by reference into, and shall be read as part and parcel of, this Agreement. (b) The Option shall be a Nonqualified Option. Unless earlier terminated pursuant to the terms of this Agreement or the Plan, the Option shall expire on the ten-year anniversary of the Grant Date.

Appears in 1 contract

Samples: Option Agreement (TripAdvisor, Inc.)

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