Common use of Committee Discretion Clause in Contracts

Committee Discretion. Subject to the limits of Sections 5.4.1 and 5.4.2, the Committee, in its sole discretion, (a) shall provide in each Award Agreement when each Option expires and becomes unexercisable, and (b) may, after an Option is granted and before such Option expires, extend the maximum term of the Option (subject to Section 5.8.4 regarding Incentive Stock Options).

Appears in 6 contracts

Samples: Omnibus Stock Plan (Applied Materials Inc /De), Omnibus Stock Plan (Varian Semiconductor Equipment Associates Inc), Omnibus Stock Plan (Varian Semiconductor Equipment Associates Inc)

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Committee Discretion. Subject to the seven and eight-year limits of Sections 5.4.1 and 5.4.2, the Committee, in its sole discretion, Committee (a) shall provide in each Award Agreement when each Option expires and becomes unexercisable, and (b) may, after an Option is granted and before such Option expiresgranted, extend the maximum term of the Option (subject to Section 5.8.4 5.7.4 regarding Incentive Stock Options).

Appears in 5 contracts

Samples: 2008 Equity Incentive Plan (Tibco Software Inc), 2008 Equity Incentive Plan (Tibco Software Inc), 2008 Equity Incentive Plan (Tibco Software Inc)

Committee Discretion. Subject to the limits of Sections 5.4.1 5.4.1, 5.4.2 and 5.4.210.13, the Committee, in its sole discretion, (a) shall provide in each Award Agreement when each Option expires and becomes unexercisable, and (b) may, after an Option is granted and before such Option expires, extend the maximum term of the Option (subject to Section 5.8.4 regarding Incentive Stock Options).

Appears in 4 contracts

Samples: 2017 Omnibus Stock Plan (Varex Imaging Corp), 2017 Omnibus Stock Plan (Varex Imaging Corp), 2005 Omnibus Stock Plan (Varian Medical Systems Inc)

Committee Discretion. Subject to the limits of Sections 5.4.1 and 5.4.2Section 5.4.1, the Committee, in its sole discretion, (a) shall provide in each Award Agreement when each Option expires and becomes unexercisable, and (b) may, after an Option is granted and before such Option expiresgranted, extend the maximum term of the Option (subject to Section 5.8.4 regarding Incentive Stock Options).

Appears in 4 contracts

Samples: 2003 Equity Incentive Plan (Cell Therapeutics Inc), Equity Incentive Plan (Palmsource Inc), 2003 Equity Incentive Plan (Palmsource Inc)

Committee Discretion. Subject to the ten and thirteen-year limits of Sections 5.4.1 and 5.4.2, the Committee, in its sole discretion, (a) shall provide in each Award Agreement when each Option expires and becomes unexercisable, and (b) may, after an Option is granted and before such Option expiresgranted, extend the maximum term of the Option (subject to Section 5.8.4 regarding Incentive Stock Options).

Appears in 4 contracts

Samples: 2004 Equity Incentive Plan (Walt Disney Co/), 2004 Equity Incentive Plan (Pixar \Ca\), 2004 Equity Incentive Plan (Polycom Inc)

Committee Discretion. Subject to the limits of Sections 5.4.1 and 5.4.2, the Committee, in its sole discretion, (a) shall provide in each Award Agreement when each Option expires and becomes unexercisable, and (b) may, after an Option is granted and before such Option expiresgranted, extend the maximum term of the Option (subject to Section 5.8.4 5.8.3 regarding Incentive Stock Options).

Appears in 3 contracts

Samples: 2014 Equity Incentive Plan (Helios & Matheson Analytics Inc.), 2014 Equity Incentive Plan (Helios & Matheson Analytics Inc.), 2014 Equity Incentive Plan (Helios & Matheson Analytics Inc.)

Committee Discretion. Subject to the limits of Sections 5.4.1 and 5.4.2, the Committee, in its sole discretion, (a) shall provide in each Award Agreement when each Option expires and becomes unexercisable, and (b) may, after an Option is granted and before such Option expiresgranted, extend the maximum term of the Option (subject to Section 5.8.4 regarding Incentive Stock Options).

Appears in 3 contracts

Samples: Equity Incentive Plan (Edwards J D & Co), 2003 Equity Incentive Plan (Lsi Logic Corp), 2004 Equity Incentive Plan (Trikon Technologies Inc)

Committee Discretion. Subject to the limits provisions of Sections 5.4.1 this Section 5.4, the Committee shall provide, in the terms of each individual Option, when such Option expires and 5.4.2becomes unexercisable. After the Option is granted, the Committee, in its sole discretiondiscretion and subject to Section 5.8.4 and this Section 5.4, (a) shall provide in each Award Agreement when each Option expires and becomes unexercisable, and (b) may, after an Option is granted and before such Option expires, may extend the maximum term of the Option (subject to Section 5.8.4 regarding Incentive Stock Options)such Option.

Appears in 3 contracts

Samples: 2003 Omnibus Equity Incentive Plan (Central Garden & Pet Co), 2003 Omnibus Equity Incentive Plan (Central Garden & Pet Co), 2003 Omnibus Equity Incentive Plan (Central Garden & Pet Co)

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Committee Discretion. Subject to the limits of Sections 5.4.1 and 5.4.2Section 6.4.1, the Committee, in its sole discretion, (a) shall provide in each Award Agreement when each Option expires and becomes unexercisable, and (b) may, after an Option is granted and before such Option expiresgranted, extend the maximum term of the Option (subject to Section 5.8.4 regarding Incentive Stock Options)Option.

Appears in 1 contract

Samples: Equity Incentive Plan (Palmsource Inc)

Committee Discretion. Subject to the limits of Sections 5.4.1 and 5.4.2Section 5.4.1, the Committee, in its sole discretion, (a) shall will provide in each Award Agreement when each Option expires and becomes unexercisable, and (b) may, after an Option is granted and before such Option expiresgranted, extend the maximum term of the Option (subject to Section 5.8.4 regarding Incentive Stock Options).

Appears in 1 contract

Samples: 2004 Equity Incentive Plan (Sumtotal Systems Inc)

Committee Discretion. Subject to the limits seven (7) limit of Sections 5.4.1 and 5.4.25.4.1, the Committee, in its sole discretion, (a) shall provide in each Award Agreement when each Option expires and becomes unexercisable, and (b) may, after an Option is granted and before such Option expiresgranted, extend the maximum term of the Option (subject to Section 5.8.4 regarding Incentive Stock Options).

Appears in 1 contract

Samples: Equity Incentive Plan (Informatica Corp)

Committee Discretion. Subject to the limits of Sections 5.4.1 and 5.4.2, the Committee, in its sole discretion, Committee (a) shall provide in each Award Agreement when each Option expires and becomes unexercisable, and (b) may, after an Option is granted and before such Option expiresgranted, extend the maximum term of the Option (subject to Section 5.8.4 regarding Incentive Stock Options)Option.

Appears in 1 contract

Samples: Inducement Award Plan (Tibco Software Inc)

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