Common use of Expiration of Option During Suspension Period Clause in Contracts

Expiration of Option During Suspension Period. If the Option shall expire under any of subsections (a) through (g) of this Section 1.1 during a period when the exercise of the Option would violate applicable securities laws (a “Suspension Period”), the period during which the Option is exercisable shall be extended to the date that is 30 days after the date of the termination of the Suspension Period.

Appears in 10 contracts

Samples: Stock Option Award Agreement (Telephone & Data Systems Inc /De/), Stock Option Award Agreement (United States Cellular Corp), Stock Option Award Agreement (United States Cellular Corp)

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Expiration of Option During Suspension Period. If the Option shall expire under any of subsections (ab) through (g) of this Section 1.1 during a period when the exercise of the Option would violate applicable securities laws (a “Suspension Period”), the period during which the Option is exercisable shall be extended to the date that is 30 days after the date of the termination of the Suspension PeriodPeriod (but in no event later than the Expiration Date).

Appears in 7 contracts

Samples: 2020 Stock Option Award Agreement (Telephone & Data Systems Inc /De/), Stock Option Award Agreement (Telephone & Data Systems Inc /De/), Stock Option Award Agreement (United States Cellular Corp)

Expiration of Option During Suspension Period. If the Option shall expire under any of subsections (a) through (g) of this Section 1.1 1.2 or 1.3 during a period when the exercise of the Option would violate applicable securities laws (a “Suspension Period”), the period during which the Option is exercisable shall be extended to the date that is 30 days after the date of the termination of the Suspension PeriodPeriod (but in no event later than the Expiration Date).

Appears in 3 contracts

Samples: Stock Option Award Agreement (United States Cellular Corp), Stock Option Award Agreement (United States Cellular Corp), Stock Option Award Agreement (United States Cellular Corp)

Expiration of Option During Suspension Period. If the Option shall expire under any of subsections (a) through (g) of this Section 1.1 (either as a result of the occurrence of the Expiration Date or as a result of the termination of the Optionee's employment by or service with the Employers and Affiliates) during a period when the exercise of the Option would violate applicable securities laws (a "Suspension Period"), the period during which the Option is exercisable shall be extended to the date that is 30 days after the date of the termination of the Suspension Period.

Appears in 2 contracts

Samples: Stock Option Award Agreement (United States Cellular Corp), Stock Option Award Agreement (United States Cellular Corp)

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Expiration of Option During Suspension Period. If the Option shall expire under any of subsections (ab) through (g) of this Section 1.1 during a period when the exercise of the Option would violate applicable securities laws (a "Suspension Period"), the period during which the Option is exercisable shall be extended to the date that is 30 days after the date of the termination of the Suspension PeriodPeriod (but in no event later than the Expiration Date).

Appears in 1 contract

Samples: Stock Option Award Agreement (United States Cellular Corp)

Expiration of Option During Suspension Period. If the Option shall expire under any of subsections (a) through (gf) of this Section 1.1 during a period when the exercise of the Option would violate applicable securities laws (a “Suspension Period”), the period during which the Option is exercisable shall be extended to the date that is 30 days after the date of the termination of the Suspension Period.. 2005 LTI Plan / 2010 Officer Stock Option Award Agreement

Appears in 1 contract

Samples: Stock Option Award Agreement (United States Cellular Corp)

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