Common use of Basic Term Clause in Contracts

Basic Term. This option shall in any event expire on the expiration date set forth in the Notice of Stock Option Grant, which date is 10 years after the Date of Grant (five years after the Date of Grant if this option is designated as an ISO in the Notice of Stock Option Grant and Section 3(b) of the Plan applies).

Appears in 8 contracts

Samples: Global Stock Option Agreement (Eventbrite, Inc.), Stock Option Agreement (Cisco Systems Inc), Stock Option Agreement (Adforce Inc)

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Basic Term. This option Option shall in any event expire on the expiration date set forth in the Notice of Stock Option Grant, which date is 10 years after the Date of Grant (five years after the Date of Grant if this option Option is designated as an ISO in the Notice of Stock Option Grant and Section 3(b) 10 of the Plan applies).

Appears in 1 contract

Samples: Stock Option and Restricted Stock Agreement (Cisco Systems Inc)

Basic Term. This option shall in any event expire on the expiration date set forth in the Notice of Stock Option Grant, which date is 10 shall not exceed ten years after the Date of Grant (five years after the Date of Grant if this option is designated as an ISO in the Notice of Stock Option Grant Grant, and the Optionee is a 10% owner as described in Section 3(b) 6 of the Plan appliesPlan).

Appears in 1 contract

Samples: Stock Option Agreement (Green Thumb Industries Inc.)

Basic Term. This option Option shall in any event expire on the expiration date set forth in the Notice of Stock Option Grant, which date is 10 years after the Date of Grant (five years after the Date of Grant if this option Option is designated as an ISO in the Notice of Stock Option Grant and Section 3(b) 8.2 of the Plan applies).

Appears in 1 contract

Samples: Stock Option Agreement (Driveway Corp)

Basic Term. This option shall in any event expire on the expiration date set forth in the Notice of Stock Option Grant, which date is 10 shall not exceed ten years after the Date of Grant (five years after the Date of Grant if this option is designated as an ISO in the Notice of Stock Option Grant Grant, and the Optionee is a 10% owner as described in Section 3(b6(a)(iv)(C) of the Plan appliesPlan).

Appears in 1 contract

Samples: Employment Agreement (Midway Gold Corp)

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Basic Term. This option shall in any event expire on the expiration date set forth in the Notice of Stock Option Grant, which date is 10 years after the Date of Grant (five years after the Date of Grant if this option is designated as an ISO in the Notice of Stock Option Grant and Section 3(b) of the Plan applies)Grant.

Appears in 1 contract

Samples: Stock Option Agreement (I2 Technologies Inc)

Basic Term. This option shall in any event expire on the expiration date set forth in the Notice of Stock Option Grant, which date is 10 shall not exceed seven years after the Date of Grant (five years after the Date of Grant if this option is designated as an ISO in the Notice of Stock Option Grant Grant, and the Optionee is a 10% owner as Updated July 2022 described in Section 3(b) 6 of the Plan appliesPlan).

Appears in 1 contract

Samples: Stock Option Agreement (Green Thumb Industries Inc.)

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