Exercisability and Term. Each Stock Option Award Agreement shall specify the date when all or any installment of the Option is to become exercisable. The Stock Option Award Agreement shall also specify the term of the Option; provided that the term of an ISO shall in no event exceed 10 years from the date of grant (five years for ISOs granted to Employees described in Section 4(c)). A Stock Option Award Agreement may provide for accelerated exercisability in the event of the Participant’s death, disability, or retirement or other events and may provide for expiration prior to the end of its term in the event of the termination of the Participant’s Service. Options may be awarded in combination with SARs, and such an Award may provide that the Options will not be exercisable unless the related SARs are forfeited. Subject to the foregoing in this Section 7(e), the Committee at its sole discretion shall determine when all or any installment of an Option is to become exercisable and when an Option is to expire.
Appears in 16 contracts
Samples: Stock Incentive Plan (EGAIN Corp), 2015 Stock Incentive Plan (Invitae Corp), 2015 Stock Incentive Plan (Invitae Corp)
Exercisability and Term. Each Stock Option Award Agreement shall specify the date when all or any installment of the Option is to become exercisable. The Stock Option Award Agreement shall also specify the term of the Option; provided that the term of an ISO shall in no event exceed 10 years from the date of grant (five years for ISOs granted to Employees described in Section 4(c4(b)). A Stock Option Award Agreement may provide for accelerated exercisability in the event of the Participant’s death, disabilityDisability, or retirement or other events and may provide for expiration prior to the end of its term in the event of the termination of the Participant’s Service. Options may be awarded in combination with SARs, and such an Award may provide that the Options will not be exercisable unless the related SARs are forfeited. Subject to the foregoing in this Section 7(e), the Committee at in its sole discretion shall determine when all or any installment of an Option is to become exercisable and when an Option is to expire.
Appears in 11 contracts
Samples: 2020 Stock Incentive Plan (Nikola Corp), 2020 Stock Incentive Plan (Nikola Corp), 2020 Stock Incentive Plan (Vincerx Pharma, Inc.)
Exercisability and Term. Each Stock Option Award Agreement shall specify the date when all or any installment of the Option is to become exercisable. The Stock Option Award Agreement shall also specify the term of the Option; provided that the term of an ISO shall in no event exceed 10 ten (10) years from the date of grant (five (5) years for ISOs granted to Employees described in Section 4(c4(b)). A Stock Option Award Agreement may provide for accelerated exercisability in the event of the Participant’s death, disabilityDisability, or retirement or other events and may provide for expiration prior to the end of its term in the event of the termination of the Participant’s Service. Options may be awarded in combination with SARs, and such an Award may provide that the Options will not be exercisable unless the related SARs are forfeited. Subject to the foregoing in this Section 7(e), the Committee at in its sole discretion shall determine when all or any installment of an Option is to become exercisable and when an Option is to expire.
Appears in 6 contracts
Samples: 2021 Stock Incentive Plan (1stdibs.com, Inc.), 2021 Stock Incentive Plan (Coursera, Inc.), 2021 Stock Incentive Plan (Coursera, Inc.)
Exercisability and Term. Each Stock Option Award Agreement shall specify the date when all or any installment of the Option is to become exercisable. The Stock Option Award Agreement shall also specify the term of the Option; provided that the term of an ISO shall in no event exceed 10 years from the date of grant (five years for ISOs granted to VIOLIN MEMORY, INC. 2012 STOCK INCENTIVE PLAN Employees described in Section 4(c)). A Stock Option Award Agreement may provide for accelerated exercisability in the event of the Participant’s death, disability, or retirement or other events and may provide for expiration prior to the end of its term in the event of the termination of the Participant’s Service. Options may be awarded in combination with SARs, and such an Award may provide that the Options will not be exercisable unless the related SARs are forfeited. Subject to the foregoing in this Section 7(e), the Committee at its sole discretion shall determine when all or any installment of an Option is to become exercisable and when an Option is to expire.
Appears in 4 contracts
Samples: 2012 Stock Incentive Plan (Violin Memory Inc), 2012 Stock Incentive Plan (Violin Memory Inc), 2012 Stock Incentive Plan (Violin Memory Inc)
Exercisability and Term. Each Stock Option Award Agreement shall specify the date when all or any installment of the Option is to become exercisable. The Stock Option Award Agreement shall also specify the term of the Option; provided that the term of an ISO option shall in no event exceed 10 ten (10) years from the date of grant (five (5) years for ISOs granted to Employees described in Section 4(c4(b)). A Stock Option Award Agreement may provide for accelerated exercisability in the event of the Participant’s death, disabilityDisability, or retirement or other events and may provide for expiration prior to the end of its term in the event of the termination of the Participant’s Service. Options may be awarded in combination with SARs, and such an Award may provide that the Options will not be exercisable unless the related SARs are forfeited. Subject to the foregoing in this Section 7(e), the Committee at in its sole discretion shall determine when all or any installment of an Option is to become exercisable and when an Option is to expire.
Appears in 4 contracts
Samples: 2024 Stock Incentive Plan (Silvaco Group, Inc.), 2024 Stock Incentive Plan (Silvaco Group, Inc.), 2024 Stock Incentive Plan (Sow Good Inc.)
Exercisability and Term. Each Stock Option Award Agreement shall specify the date when all or any installment of the Option is to become exercisable. The Stock Option Award Agreement shall also specify the term of the Option; provided that the term of an ISO Option shall in no event exceed 10 years from the date of grant (five years for ISOs granted to Employees described in Section 4(c)). A Stock Option Award Agreement may provide for accelerated exercisability in the event of the Participant’s death, disability, or retirement or other events and may provide for expiration prior to the end of its term in the event of the termination of the Participant’s Service. Options may be awarded in combination with SARs, and such an Award may provide that the Options will not be exercisable unless the related SARs are forfeited. Subject to the foregoing in this Section 7(e), the Committee at its sole discretion shall determine when all or any installment of an Option is to become exercisable and when an Option is to expire.
Appears in 4 contracts
Samples: 2009 Stock Incentive Plan (Financial Engines, Inc.), 2009 Stock Incentive Plan (Financial Engines, Inc.), 2009 Stock Incentive Plan (Financial Engines, Inc.)
Exercisability and Term. Each Stock Option Award Agreement shall specify the date when all or any installment of the Option is to become exercisable. The Stock Option Award Agreement shall also specify the term of the Option; provided that the term of an ISO shall in no event exceed 10 years from the date of grant (five years for ISOs granted to Employees described in Section 4(c4(b)). A Stock Option Award Agreement may provide for accelerated exercisability in the event of the Participant’s death, disability, or retirement or other events and may provide for expiration prior to the end of its term in the event of the termination of the Participant’s Service. Options may be awarded in combination with SARs, and such an Award may provide that the Options will not be exercisable unless the related SARs are forfeited. Subject to the foregoing in this Section 7(e), the Committee at its sole discretion shall determine when all or any installment of an Option is to become exercisable and when an Option is to expire.
Appears in 1 contract
Exercisability and Term. Each Stock Option Award Agreement shall specify the date when all or any installment of the Option is to become exercisable. The Stock Option Award Agreement shall also specify the term of the Option; provided that the term of an ISO shall in no event exceed 10 years from the date of grant (five years for ISOs granted to Employees described in Section 4(c)). A Stock Option Award Agreement may provide for accelerated exercisability in the event of the ParticipantOptionee’s death, disabilityDisability, or retirement or other events and may provide for expiration prior to the end of its term in the event of the termination of the ParticipantOptionee’s Service. Options may be awarded in combination with SARs, and such an Award may provide that the Options will not be exercisable unless the related SARs are forfeited. Subject to the foregoing in this Section 7(e), the Committee at its sole discretion shall determine when all or any installment of an Option is to become exercisable and when an Option is to expire.
Appears in 1 contract
Samples: 2020 Stock Incentive Plan (Plus Therapeutics, Inc.)
Exercisability and Term. Each Stock Option Award Agreement shall specify the date when all or any installment of the Option is to become exercisable. The Stock Option Award Agreement shall also specify the term of the Option; provided that the term of an ISO shall in no event exceed 10 ten (10) years from the date of grant (five (5) years for ISOs granted to Employees described in Section 4(c4(b)). A Stock Option Award Agreement may provide for accelerated exercisability in the event of the Participant’s death, disabilityDisability, or retirement retirement, or other events and may provide for expiration prior to the end of its term in the event of the termination of the Participant’s Service. Options may be awarded in combination with SARs, and such an Award may provide that the Options will not be exercisable exercisable, unless the related SARs are forfeited. Subject to the foregoing in this Section 7(e), the Committee at in its sole discretion shall determine when all or any installment of an Option is to become exercisable and when an Option is to expire.
Appears in 1 contract
Samples: 2022 Stock Incentive Plan (CENNTRO ELECTRIC GROUP LTD)