Common use of Expiry Time Clause in Contracts

Expiry Time. After the Expiry Time, all rights under this Compensation Option Certificate and any outstanding Options evidenced hereby, in respect of which the right of subscription and purchase herein provided for shall not have been exercised, shall wholly cease and terminate and this Compensation Option Certificate and the Options evidenced hereby shall be void and of no value or effect.

Appears in 3 contracts

Samples: Securities Agreement (Apollo Gold Corp), Securities Agreement (Apollo Gold Corp), Securities Agreement (Apollo Gold Corp)

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Expiry Time. After the Expiry Time, all rights under this Compensation Option Certificate and any outstanding Compensation Options evidenced hereby, in respect of which the right of subscription and purchase herein provided for shall not have been exercised, shall wholly cease and terminate and this Compensation Option Certificate and the Compensation Options evidenced hereby shall be void and of no value or effect.

Appears in 2 contracts

Samples: Securities Agreement (Apollo Gold Corp), Securities Agreement (Apollo Gold Corp)

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