Common use of Extension of Termination Date Clause in Contracts

Extension of Termination Date. If following the Participant’s termination of Continuous Service for any reason the exercise of the Option is prohibited because the exercise of the Option would violate the registration requirements under the Securities Act or any other state or federal securities law or the rules of any securities exchange or interdealer quotation system, then the expiration of the Option shall be tolled until the date that is thirty (30) days after the end of the period during which the exercise of the Option would be in violation of such registration or other securities requirements.

Appears in 24 contracts

Samples: Stock Option Agreement (Cardiff Lexington Corp), Stock Option Agreement (Signing Day Sports, Inc.), Share Option Agreement (Veg House Holdings Inc.)

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Extension of Termination Date. If following the ParticipantOptionee’s termination of Continuous Service employment or service for any reason the exercise of the Option is prohibited because the exercise of the Option would violate the registration requirements under the Securities Act or any other state or federal applicable securities law or the rules of any securities exchange or interdealer quotation systemlaws, then the expiration of the Option shall be tolled until the extended to a date that is thirty (30) calendar days after following the end date such exercise would no longer violate applicable securities laws (so long as such extension shall not violate Section 409A of the period during which Code); provided, that, in no event shall such expiration date be extended beyond the exercise of the Option would be in violation of such registration or other securities requirementsExpiration Date.

Appears in 9 contracts

Samples: Stock Option Agreement (Stewart Information Services Corp), Stock Option Agreement (Stewart Information Services Corp), Stock Option Agreement (Stewart Information Services Corp)

Extension of Termination Date. If following the Participant’s Director's termination of Continuous Service for any reason the exercise of the Option is prohibited because the exercise of the Option would violate the registration requirements under the Securities Act or any other state or federal securities law or the rules of any securities exchange or interdealer quotation system, then the expiration of the Option shall be tolled until the date that is thirty (30) days after the end of the period during which the exercise of the Option would be in violation of such registration or other securities requirements.

Appears in 5 contracts

Samples: Non Qualified Stock Option Agreement (LIGHTBRIDGE Corp), Qualified Stock Option Agreement (Cellceutix CORP), Non Qualified Stock Option Agreement (Intellinetics, Inc.)

Extension of Termination Date. If following the Participant’s termination of Continuous Service for any reason the exercise of the Option is following the termination of the Participant's Continuous Service (other than upon the Participant's death or Disability) would be prohibited at any time solely because the exercise of the Option or issuance of Shares of Common Stock would violate the registration requirements under the Securities Act or any other state or federal securities law or the rules of any securities exchange or interdealer quotation systemrequirement, then the Option shall terminate on the earlier of (a) the expiration of the Option shall be tolled until Expiration Date or (b) the date expiration of a period after termination of the Participant's Continuous Service that is thirty three (303) days months after the end of the period during which the exercise of the Option would be in violation of such registration or other securities law requirements.

Appears in 4 contracts

Samples: Director Stock Option Agreement (Eddie Bauer Holdings, Inc.), Incentive Plan Stock Option Agreement (Eddie Bauer Holdings, Inc.), Director Stock Option Agreement (Eddie Bauer Holdings, Inc.)

Extension of Termination Date. If If, following the Participant’s termination of Continuous Service for any reason reason, the exercise of the Option is prohibited because the exercise of the Option would violate the registration requirements under the Securities Act or any other state or federal securities law or the rules of any securities exchange or interdealer quotation system, then the Option shall terminate on the earlier of (a) the Expiration Date or (b) the expiration of a period after termination of the Option shall be tolled until the date Participant’s Continuous Service that is thirty (30) days after the end of the period during which the exercise of the Option would be in violation of such registration or other securities law requirements.

Appears in 4 contracts

Samples: Nonqualified Stock Option Agreement (First Us Bancshares Inc), Nonqualified Stock Option Agreement (First Us Bancshares Inc), Nonqualified Stock Option Agreement (United Security Bancshares Inc)

Extension of Termination Date. If following the Participant’s termination of Continuous Service for any reason the exercise of the Option is prohibited because the exercise of the Option would violate the registration requirements under the Securities Act or any other state or federal securities law or the rules of any securities exchange or interdealer quotation system, then the Option shall terminate on the earlier of (a) the Expiration Date or (b) the expiration of a period after termination of the Option shall be tolled until the date Participant’s Continuous Service that is thirty three (303) days months after the end of the period during which the exercise of the Option would be in violation of such registration or other securities law requirements.

Appears in 4 contracts

Samples: Nonqualified Stock Option Agreement (United Security Bancshares Inc), Nonqualified Stock Option Agreement (United Security Bancshares Inc), Nonqualified Stock Option Agreement (United Security Bancshares Inc)

Extension of Termination Date. If following the Participant’s termination of Continuous Service employment or service for any reason the exercise of the Option is prohibited because the exercise of the Option would violate the registration requirements under the Securities Act or any other state or federal applicable securities law or the rules of any securities exchange or interdealer quotation systemlaws, then the expiration of the Option shall be tolled until the extended to a date that is thirty (30) calendar days after following the end date such exercise would no longer violate applicable securities laws (so long as such extension shall not violate Section 409A of the period during which Code); provided, that, in no event shall such expiration date be extended beyond the exercise of the Option would be in violation of such registration or other securities requirementsExpiration Date.

Appears in 3 contracts

Samples: Executive Nonqualified Stock Option Award Agreement (Target Hospitality Corp.), Executive Nonqualified Stock Option Award Agreement (Target Hospitality Corp.), Form of Nonqualified Stock Option Award Agreement (WillScot Corp)

Extension of Termination Date. If following the ParticipantDirector’s termination of Continuous Service for any reason the exercise of the Option is prohibited because the exercise of the Option would violate the registration requirements under the Securities Act or any other state or federal securities law or the rules of any securities exchange or interdealer quotation system, then the expiration of the Option shall be tolled until the date that is thirty (30) days after the end of the period during which the exercise of the Option would be in violation of such registration or other securities requirements.

Appears in 2 contracts

Samples: Option Agreement (Reading International Inc), Option Agreement (Reading International Inc)

Extension of Termination Date. If following the ParticipantDirector’s termination of Continuous Service for any reason the exercise of the Option is prohibited because the exercise of the Option would violate the registration requirements under the Securities Act or any other state or federal securities law or the rules of any securities exchange or interdealer quotation system, then the expiration of the Option shall be tolled until the date that is thirty (30) days after the end of the period during which the exercise of the Option would be in violation of such registration or other securities requirements.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Onfolio Holdings, Inc), Exercise Agreement (Lightwave Logic, Inc.)

Extension of Termination Date. If If, following the Participant’s termination of Continuous Service for any reason the exercise of the Option is prohibited because the exercise of the Option would violate the registration requirements under the Securities Act or any other state or federal securities law or the rules of any securities exchange or interdealer quotation system, then the expiration of the Option shall be tolled until the date that is thirty (30) days after the end of the period during which the exercise of the Option would be in violation of such registration or other securities requirements.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Terra Tech Corp.), Non Qualified Stock Option Agreement (Terra Tech Corp.)

Extension of Termination Date. If If, following the ParticipantExecutive’s termination of Continuous Service continuous service with the Company or a Subsidiary for any reason reason, the exercise of the Option is prohibited because the exercise of the Option would violate the registration requirements under the Securities Act or any other state or federal securities law or the rules of any securities exchange or interdealer quotation system, then the expiration of the Option shall be tolled until the date that is thirty (30) days after the end of the period during which the exercise of the Option would be in violation of such registration or other securities requirements.

Appears in 2 contracts

Samples: Inducement Award Agreement (DIEBOLD NIXDORF, Inc), Inducement Award Agreement (DIEBOLD NIXDORF, Inc)

Extension of Termination Date. If following the Participant’s 's termination of Continuous Service for any reason the exercise of the Option is prohibited because the exercise of the Option would violate the registration requirements under the Securities Act or any other state or federal securities law or the rules of any securities exchange or interdealer quotation system, then the expiration of the Option shall be tolled until the earlier of (a) date that is thirty (30) days after the end of the period during which the exercise of the Option would be in violation of such registration or other securities requirementsrequirements or (b) the Expiration Date.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Blyth Inc), Non Qualified Stock Option Agreement (Blyth Inc)

Extension of Termination Date. If following the Participant’s termination of Continuous Service for any reason the exercise of the Option is prohibited because the exercise of the Option would violate the registration requirements under the Securities Act or any other state or federal securities law or the rules of any securities exchange or interdealer quotation system, then the expiration of the Option shall be tolled until the date that is thirty (30) days after the end of the period during which the exercise of the Option would be in violation of such registration or other securities requirementsrequirements provided always that such tolling shall not be to a date which is more than 7 years from the Grant Date.

Appears in 2 contracts

Samples: Share Option Agreement (RoyaLand Co Ltd.), Share Option Agreement (Brera Holdings PLC)

Extension of Termination Date. If following the Participant’s 's termination of Continuous Service for any reason the exercise of the Option is prohibited because the exercise of the Option would violate the registration requirements under the Securities Act or any other state or federal securities law or the rules of any securities exchange or interdealer quotation system, then the expiration of the Option shall be tolled until the date that is thirty (30) days after the end of the period during which the exercise of the Option would be in violation of such registration or other securities requirements.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (LIGHTBRIDGE Corp), Qualified Stock Option Agreement for Employees (Cellceutix CORP)

Extension of Termination Date. If following the ParticipantOptionee’s termination of Continuous Service for any reason the exercise of the Option is prohibited because the exercise of the Option would violate the registration requirements under the Securities Act or any other state or federal securities law or the rules of any securities exchange or interdealer quotation system, then the expiration of the Option shall be tolled until the date that is thirty (30) days after the end of the period during which the exercise of the Option would be in violation of such registration or other securities requirements.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Vegalab, Inc.)

Extension of Termination Date. If following the ParticipantEmployee’s termination of Continuous Service for any reason the exercise of the Option is prohibited because the exercise of the Option would violate the registration requirements under the Securities Act of 1933, as amended (the “Securities Act”) or any other state or federal securities law or the rules of any securities exchange or interdealer quotation system, then the expiration of the Option shall be tolled until the date that is thirty (30) days after the end of the period during which the exercise of the Option would be in violation of such registration or other securities requirements.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Finwise Bancorp)

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Extension of Termination Date. If following the Participant’s termination of Continuous Service for any reason the exercise of the Option Options is prohibited because the exercise of the Option Options would violate the registration requirements under the Securities Act or any other state or federal securities law or the rules of any securities exchange or interdealer quotation systemexchange, then the expiration of the Option Options shall be tolled until the earlier of (i) date that is thirty (30) days after the end of the period during which the exercise of the Option Options would be in violation of such registration or other securities requirementsrequirements or (ii) the Expiration Date.

Appears in 1 contract

Samples: Stock Option Award Agreement (Portillo's Inc.)

Extension of Termination Date. If following the Participant’s termination of Continuous Service employment or service for any reason the exercise of the Option is prohibited because the exercise of the Option would violate the registration requirements under the Securities Act or any other state or federal securities law or the rules of any securities exchange or interdealer quotation system, then the expiration of the Option shall be tolled until the date that is thirty (30) 30 days after the end of the period during which the exercise of the Option would be in violation of such registration or other securities requirements.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Byrna Technologies Inc.)

Extension of Termination Date. If If, following the Participant’s termination of Continuous Service for any reason reason, the exercise of the Option is prohibited because the exercise of the Option would violate the registration requirements under the Securities Act or any other state or federal securities law or the rules of any securities exchange or interdealer quotation system, then the expiration of the Option shall be tolled until the date that is thirty (30) days after the end of the period during which the exercise of the Option would be in violation of such registration or other securities requirements.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Car Charging Group, Inc.)

Extension of Termination Date. If following the ParticipantConsultant’s termination of Continuous Service for any reason the exercise of the Option is prohibited because the exercise of the Option would violate the registration requirements under the Securities Act or any other state or federal securities law or the rules of any securities exchange or interdealer quotation system, then the expiration of the Option shall be tolled until the date that is thirty (30) days after the end of the period during which the exercise of the Option would be in violation of such registration or other securities requirements.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Onfolio Holdings, Inc)

Extension of Termination Date. If following the ParticipantGrantee’s termination of Continuous Service for any reason the exercise of the Option is prohibited because the exercise of the Option would violate the registration requirements under the Securities Act or any other state or federal securities law or the rules of any securities exchange or interdealer quotation system, then the expiration of the Option shall be tolled until the date that is thirty (30) days after the end of the period during which the exercise of the Option would be in violation of such registration or other securities requirements.

Appears in 1 contract

Samples: Share Option Agreement (1847 Holdings LLC)

Extension of Termination Date. If following the Participant’s termination of Continuous Service for any reason the exercise of this Option following the Option is termination of the Optionee’s Continuous Service would be prohibited at any time solely because the exercise issuance of the Option Shares would violate the registration requirements under the Securities Act or any other state or federal securities law or the rules of any securities exchange or interdealer quotation systemAct, then this Option shall terminate on the earlier of (i) the expiration of the term of this Option shall be tolled until set forth in Section 1 of this Agreement or (ii) the date that is thirty expiration of a period of thirty-six (3036) days months after the end termination of the period Optionee’s Continuous Service during which the exercise of the this Option would not be in violation of such registration or other securities requirements.

Appears in 1 contract

Samples: Stock Option Agreement (Biodel Inc)

Extension of Termination Date. If following the Participant’s termination of Continuous Service for any reason the exercise of this Option following the Option is termination of the Optionee’s Continuous Service would be prohibited at any time solely because the exercise issuance of the Option Shares would violate the registration requirements under the Securities Act or any other state or federal securities law or the rules of any securities exchange or interdealer quotation systemAct, then this Option shall terminate on the earlier of (i) the expiration of the term of this Option shall be tolled until set forth in Section 1 of this Agreement or (ii) the date that is thirty expiration of a period of three (303) days months after the end termination of the period Optionee’s Continuous Service during which the exercise of the this Option would not be in violation of such registration or other securities requirements.

Appears in 1 contract

Samples: Stock Option Agreement (Biodel Inc)

Extension of Termination Date. If following the Participant’s 's termination of Continuous Service for any reason the exercise of the Option Options is prohibited because the exercise of the Option Options would violate the registration requirements under the Securities Act or any other state or federal securities law or the rules of any securities exchange or interdealer quotation systemexchange, then the expiration of the Option Options shall be tolled until the earlier of (i) date that is thirty (30) days after the end of the period during which the exercise of the Option Options would be in violation of such registration or other securities requirementsrequirements or (ii) the Expiration Date.

Appears in 1 contract

Samples: Stock Option Award Agreement (Portillo's Inc.)

Extension of Termination Date. If following the ParticipantRecipient’s termination of Continuous Service for any reason the exercise of the Option is prohibited because the exercise of the Option would violate the registration requirements under the Securities Act or any other state or federal securities law or the rules of any securities exchange or interdealer quotation system, then the expiration of the Option shall be tolled until the date that is thirty (30) days after the end of the period during which the exercise of the Option would be in violation of such registration or other securities requirements.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Dynaresource Inc)

Extension of Termination Date. If following the Participant’s termination of Continuous Service continuous service for any reason the exercise of the Option is prohibited because the exercise of the Option would violate the registration requirements under the Securities Act or any other state or federal securities law or the rules of any securities exchange or interdealer quotation system, then the expiration of the Option shall be tolled until the date that is thirty (30) days after the end of the period during which the exercise of the Option would be in violation of such registration or other securities requirements.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (DIEBOLD NIXDORF, Inc)

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