Common use of EXERCISE AND TERM OF OPTIONS Clause in Contracts

EXERCISE AND TERM OF OPTIONS. Each option shall be exercisable at such time or times, during such period and for such number of shares as shall be determined by the Plan Administrator and set forth in the documents evidencing the option. However, no option shall have a term in excess of ten (10) years measured from the option grant date.

Appears in 7 contracts

Samples: 2022 Omniab Service Provider Assumed Award Plan (OmniAb, Inc.), 2022 Ligand Service Provider Assumed Award Plan (OmniAb, Inc.), 2022 Omniab Service Provider Assumed Award Plan (Avista Public Acquisition Corp. II)

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EXERCISE AND TERM OF OPTIONS. Each option shall be exercisable at such time or times, during such period and for such number of shares as shall be determined by the Plan Administrator and set forth in the documents evidencing the option. However, no option shall have a term in excess of ten (10) years measured from the option grant date.ten

Appears in 2 contracts

Samples: Option Agreement, Option Agreement

EXERCISE AND TERM OF OPTIONS. Each option shall be exercisable at such time or times, during such period and for such number of shares as shall be determined by the Plan Administrator and set forth in the documents evidencing the optionoption grant. However, no option shall have a term in excess of ten (10) years measured from the option grant date.

Appears in 1 contract

Samples: Stock Option Agreement (Vista Medical Technologies Inc)

EXERCISE AND TERM OF OPTIONS. Each option shall be exercisable at such time or times, during such period and for such number of shares as shall be determined by the Plan Administrator and set forth in the documents evidencing the optionoption grant. However, no option shall have a term in excess of ten often (10) years measured from the option grant date.

Appears in 1 contract

Samples: Stock Option Plan (OccuLogix, Inc.)

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EXERCISE AND TERM OF OPTIONS. Each option shall be exercisable at such time or times, during such period and for such number of shares as shall be determined by the Plan Administrator and set forth in the documents evidencing the option. However, no option shall have a term in excess of ten (10) years measured from the option grant date.. ​

Appears in 1 contract

Samples: 2022 Ligand Service Provider Assumed Award Plan (Avista Public Acquisition Corp. II)

EXERCISE AND TERM OF OPTIONS. Each option shall be exercisable at such time or times, during such period and for such number of shares as shall be determined by the Plan Administrator and set forth in the documents evidencing the option. However, no option shall have a term in excess of ten (10) years measured from the option grant dateGrant Date.

Appears in 1 contract

Samples: Executive Employment Agreement (Sportsnuts Com International Inc)

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