Common use of Exercise Term Clause in Contracts

Exercise Term. The Option shall be exercisable to the extent and in the manner provided in Section 4 for a period of seven years from the Grant Date (the “Exercise Term”); provided that the Option may expire earlier as provided in Section 6.

Appears in 4 contracts

Sources: Employment Agreement (Radioshack Corp), Stock Option Agreement (Radioshack Corp), Termination Protection Agreement (Radioshack Corp)

Exercise Term. The Option shall be exercisable to the extent and in the manner provided in Section 4 herein for a period of seven five (5) years from the Grant Date (the "Exercise Term”); provided "): provided, however, that the Option may expire be earlier terminated -------- ------- as provided in Section 6Paragraph 7 hereof.

Appears in 1 contract

Sources: Stock Option Agreement (Plains Resources Inc)

Exercise Term. The Option shall be exercisable to the extent and in the manner provided in Section 4 herein for a period of seven five (5) years from the Grant Date (the "Exercise Term”); provided "): provided, however, that the Option may expire be earlier terminated as provided in Section 6Paragraph 7 hereof.

Appears in 1 contract

Sources: Stock Option Agreement (Plains Resources Inc)