Exercise Period of Options Sample Clauses

Exercise Period of Options. The Options shall be exercisable, in whole or in part, at any time during the period commencing on the date hereof and expiring ten (10) years from the date hereof (the "Exercise Period"). All rights of the Optionee in the Options, to the extent that they have not been exercised, shall terminate upon expiration of the Exercise Period.
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Exercise Period of Options. Each Option to acquire Option Assets may be exercised by OSG MLP General Partner, with the approval of the Conflicts Committee, at any time during the period commencing as of the Closing Date and ending on the date that is 364 days after the date of delivery of the applicable Option Assets subject to such Option.
Exercise Period of Options. The period of time that you will have to exercise your stock options following your termination of employment with the Company (as Chief Executive Officer, or if applicable Executive Chairman) is set forth in Schedule I.
Exercise Period of Options. Subject to the other provisions of this Section 3.5, each Option shall, upon becoming vested and exercisable, remain exercisable through and including January 7, 2007 or, if earlier, the second anniversary of Executive's termination of employment with the Company and its Subsidiaries prior to January 31, 2004 by reason of his resignation without Good Reason, death, Disability, or his termination by the Company for Cause.

Related to Exercise Period of Options

  • Exercise Period of Option Subject to the terms and conditions of this Stock Option Agreement and the Plan, and unless otherwise modified in writing signed by the Company and Optionee, this Option may be exercised with respect to all of the Shares subject to this Option, but only according to the vesting schedule described in Section 9 below, prior to the date which is the last day of the Term set forth on the face hereof following the Grant Date (hereinafter "Expiration Date").

  • Exercise Periods 8 SECTION 3.3 Expiration ...................................................... 8 SECTION 3.4

  • Period of Option Unless the Option is previously terminated pursuant to this Agreement, the term of the Option and this Agreement shall commence on the Date of Grant and shall terminate upon the tenth anniversary of the Date of Grant. Upon termination of the Option, all rights of the Optionee (including, without limitation, his or her guardian or legal representative) hereunder shall cease.

  • Exercise Period Vesting Unless expired as provided in Section 3 of this Agreement, this Option may be exercised from time to time after the Date of Grant set forth above (the "DATE OF GRANT") to the extent the Option has vested in accordance with the vesting schedule set forth below. The Shares issued upon exercise of the Option will be subject to the restrictions on transfer set forth in Section 11 below. Provided Participant continues to provide Continuous Service to the Company or any Affiliate, the Option will become vested as follows: PERCENTAGE OF VESTING DATE VESTED SHARES ------------ ------------- % % %

  • Term of Options Unless the Options terminate earlier pursuant to the provisions of this Agreement or the Plan, the Options shall expire on the seventh (7th) anniversary of the Grant Date (“Option Expiration Date”).

  • Option Exercise Period Check One:

  • Period of Exercisability Section 3.1 - Commencement of Exercisability ----------- ------------------------------

  • Exercise Period This Warrant shall be exercisable, in whole or in part, prior to (or in connection with) the expiration of this Warrant as set forth in Section 8.

  • Extension of Exercise Period Notwithstanding any provisions of paragraphs (a), (b), (c) or (d) of this Section to the contrary, if exercise of the Option following termination of employment during the time period set forth in the applicable paragraph or sale during such period of the Shares acquired on exercise would violate any of the provisions of the federal securities laws (or any Company policy related thereto), the time period to exercise the Option shall be extended until the later of (i) forty-five (45) days after the date that the exercise of the Option or sale of the Shares acquired on exercise would not be a violation of the federal securities laws (or a related Company policy), or (ii) the end of the time period set forth in the applicable paragraph.

  • Date of Grant; Term of Option This Option is granted as of , 2005 (the “Date of Grant”), and it may not be exercised than later than the date that is ten (10) years after date of grant, subject to earlier termination, as provided in the Plan.

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