Common use of Conditions to Exercise of Option Clause in Contracts

Conditions to Exercise of Option. Except as otherwise set forth in Section 6, the Optionee may exercise the Option or any portion thereof to the extent then vested at any time or from time to time during the period commencing on the grant date set forth on the Schedules and ending on the Expiration Date. The Option may be exercised only by the Optionee or, in the event of his death or incompetence, his personal representative or heirs, as the case may be.

Conditions to Exercise of Option. Except as otherwise set forth in Section 6, the Optionee may exercise the Option or any portion thereof to the extent then vested at any time or from time to time during the period commencing on the grant date Grant Date set forth on the Schedules Schedule 1 and ending on the Expiration DateDate (the “Option Term”). The Option may be exercised only by the Optionee or, in the event of his death or incompetence, his personal representative or heirs, as the case may be.

Conditions to Exercise of Option. Except as otherwise set forth in Section 6, the Optionee may exercise the Option or any portion thereof to the extent then vested at any time or from time to time during the period commencing on the grant date Grant Date set forth on the Schedules Schedule 1 and ending on the Expiration DateDate (the “Option Term”). The Option may be exercised only by the Optionee or, in the event of his death or incompetence, his personal representative or heirs, as the case may be.