Common use of Duration and Exercisability Clause in Contracts

Duration and Exercisability. (a) This Option shall vest and become exercisable in accordance with the schedule set forth on the Agreement. This Option shall in all events terminate seven (7) years after the date of grant, if not earlier in the event of termination of employment.

Appears in 7 contracts

Samples: Nonqualified Stock Option Agreement (Adc Telecommunications Inc), Nonqualified Stock Option Agreement (Adc Telecommunications Inc), Incentive Stock Option Agreement (Adc Telecommunications Inc)

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Duration and Exercisability. (a) This Option shall vest and become exercisable in accordance with the schedule set forth on the Agreement. This Option shall in all events terminate seven ten (710) years after the date of grant, if not earlier in the event of termination of employment.

Appears in 4 contracts

Samples: Nonqualified Stock Option Agreement (Adc Telecommunications Inc), Incentive Stock Option Agreement (Adc Telecommunications Inc), Nonqualified Stock Option Agreement (Adc Telecommunications Inc)

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Duration and Exercisability. (a) This Option shall vest and become exercisable in accordance with the schedule set forth on the Agreement. This Option shall in all events terminate seven ten (710) years after the date of grant, if not earlier in the event of termination of employment.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Adc Telecommunications Inc), Nonqualified Stock Option Agreement (Adc Telecommunications Inc)

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