Common use of Expiration of Option Right Clause in Contracts

Expiration of Option Right. Unless terminated earlier in accordance with the terms of this Award Agreement or the Plan, the Option Right granted herein will expire at 4:00 P.M., U.S. Eastern Time, on the tenth anniversary of the Grant Date (the “Expiration Date”). If the tenth anniversary of the Grant Date, however, is a Saturday, Sunday or any other day on which the market on which our Common Stock trades is closed (a “Non-Business Day”), then the Expiration Date will occur at 4:00 P.M., U.S. Eastern Time, on the first business day before the tenth anniversary of the Grant Date.

Appears in 10 contracts

Samples: Award Agreement (Sprint Nextel Corp), Award Agreement (Sprint Nextel Corp), Award Agreement (Sprint Nextel Corp)

AutoNDA by SimpleDocs

Expiration of Option Right. Unless terminated earlier in accordance with the terms of this Evidence of Award Agreement or the Plan, the Option Right granted herein will expire at 4:00 P.M., U.S. Eastern Time, on the tenth anniversary of the Grant Date (the “Expiration Date”). If the tenth anniversary of the Grant Date, however, is a Saturday, Sunday or any other day on which the market on which our Common Stock trades is closed (a “Non-Business Day”), then the Expiration Date will occur at 4:00 P.M., U.S. Eastern Time, on the first business day before the tenth anniversary of the Grant Date.

Appears in 3 contracts

Samples: Employment Agreement (SPRINT Corp), Employment Agreement (SPRINT Corp), Employment Agreement (Sprint Nextel Corp)

Expiration of Option Right. Unless terminated earlier in accordance with the terms of this Award Agreement or the Plan, the Option Right granted herein will expire at 4:00 P.M., U.S. Eastern Time, on the tenth anniversary of the Date of Grant Date (the “Expiration Date”). If the tenth anniversary of the Grant DateDate of Grant, however, is a Saturday, Sunday or any other day on which the market on which our Common Stock trades is closed (a “Non-Business Day”), then the Expiration Date will occur at 4:00 P.M., U.S. Eastern Time, on the first business day before the tenth anniversary of the Grant DateDate of Grant.

Appears in 3 contracts

Samples: Employment Agreement, Award Agreement (Sprint Nextel Corp), Employment Agreement (Sprint Nextel Corp)

Expiration of Option Right. Unless terminated earlier in accordance with the terms of this Evidence of Award Agreement or the Plan, the Option Right granted herein will expire at 4:00 P.M., U.S. Eastern Time, Time on the tenth anniversary of the Grant Date (the “Expiration Date”). If the tenth anniversary of the Grant Date, however, is a Saturday, Sunday or any other day on which the market on which our Common Stock trades is closed (a “Non-Business Day”), then the Expiration Date will occur at 4:00 P.M.4:00P.M., U.S. Eastern Time, on the first business day before the tenth anniversary of the Grant Date.

Appears in 2 contracts

Samples: Restricted Stock Units (SPRINT Corp), Employment Agreement (SPRINT Corp)

Expiration of Option Right. Unless terminated earlier in accordance with the terms of this Award Agreement or the Plan, the Option Right granted herein will expire at 4:00 P.M., U.S. Eastern Time, on the tenth anniversary of the Grant Date (the “Expiration Date”). If the tenth anniversary of the Grant Date, however, is a Saturday, Sunday or any other day on which the market on which our Common Stock trades is closed (a “Non-Business Day”), then the Expiration Date will occur at 4:00 P.M., U.S. Eastern Time, on the first business day before the tenth anniversary of the Grant Date.

Appears in 2 contracts

Samples: Stock Option Award Agreement (Sprint Nextel Corp), Stock Option Award Agreement (Sprint Nextel Corp)

AutoNDA by SimpleDocs

Expiration of Option Right. Unless terminated earlier in accordance with the terms of this Award Agreement or the Plan, the Option Right granted herein will expire at 4:00 P.M., U.S. Eastern Time, on the tenth seventh anniversary of the Grant Date (the “Expiration Date”). If the tenth seventh anniversary of the Grant Date, however, is a Saturday, Sunday or any other day on which the market on which our Common Stock trades is closed (a “Non-Business Day”), then the Expiration Date will occur at 4:00 P.M., U.S. Eastern Time, on the first business day before the tenth seventh anniversary of the Grant Date.. 2 Stock Option Exchange Option Replacement Award Agreement — Nextel

Appears in 1 contract

Samples: Award Agreement (Sprint Nextel Corp)

Expiration of Option Right. Unless terminated earlier in accordance with the terms of this Evidence of Award Agreement or the Plan, the Option Right granted herein will expire at 4:00 P.M., U.S. Eastern Time, on the tenth anniversary of the Grant Date (the "Expiration Date"). If the tenth anniversary of the Grant Date, however, is a Saturday, Sunday or any other day on which the market on which our Common Stock trades is closed (a "Non-Business Day"), then the Expiration Date will occur at 4:00 P.M., U.S. Eastern Time, on the first business day before the tenth anniversary of the Grant Date.

Appears in 1 contract

Samples: Employment Agreement (Sprint Nextel Corp)

Expiration of Option Right. Unless terminated earlier in accordance with the terms of this Award Agreement or the Plan, the Option Right granted herein will expire at 4:00 P.M., U.S. Eastern Time, on the tenth seventh anniversary of the Grant Date (the “Expiration Date”). If the tenth seventh anniversary of the Grant Date, however, is a Saturday, Sunday or any other day on which the market on which our Common Stock trades is closed (a “Non-Business Day”), then the Expiration Date will occur at 4:00 P.M., U.S. Eastern Time, on the first business day before the tenth seventh anniversary of the Grant Date.. 2 Stock Option Exchange Option Replacement Award Agreement

Appears in 1 contract

Samples: Award Agreement (Sprint Nextel Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!