Failure to Exercise Option. To the extent that following termination of employment or service, the Option is not exercised within the applicable periods described above, all further rights to purchase shares pursuant to the Option shall cease and terminate.
Appears in 18 contracts
Samples: Form of Incentive Stock Option Agreement (Methes Energies International LTD), Non Statutory Stock Option Agreement (Methes Energies International LTD), Non Statutory Stock Option Agreement (ADVANCED MEDICAL ISOTOPE Corp)
Failure to Exercise Option. To the extent that following termination the Option of any deceased Optionee or any Optionee whose employment or service, the Option service terminates is not exercised within the applicable periods described aboveperiod, all further rights to purchase shares pursuant to the Option shall cease and terminate.
Appears in 5 contracts
Samples: Stock Option Agreement (Aftermarket Enterprises, Inc.), Stock Option Agreement (Altair Nanotechnologies Inc), Stock Option Agreement (Altair Nanotechnologies Inc)
Failure to Exercise Option. To the extent that following termination the Option of any deceased Optionee or any Optionee whose employment or service, the Option service terminates is not exercised within the applicable periods described aboveexercise period, all further rights to purchase shares pursuant to the Option shall cease and terminate.
Appears in 4 contracts
Samples: Employment Agreement (Tullys Coffee Corp), Employment Agreement (Tullys Coffee Corp), Services Agreement (Tullys Coffee Corp)
Failure to Exercise Option. To the extent that following termination of employment or service, the Option is not exercised within the applicable periods described aboveabove or in Section 6.2, all further rights to purchase shares pursuant to the Option shall cease and terminate.
Appears in 3 contracts
Samples: Stock Incentive Plan (Nike Inc), Non Statutory Stock Option Agreement (Nike Inc), Non Statutory Stock Option Agreement (Nike Inc)
Failure to Exercise Option. To the extent that following termination of employment or serviceemployment, the Option is not exercised within the applicable periods described above, all further rights to purchase shares pursuant to the Option shall cease and terminate.
Appears in 3 contracts
Samples: 2022 Incentive Stock Option Award Agreement (SunOpta Inc.), 2017 Incentive Stock Option Award Agreement (SunOpta Inc.), SunOpta Inc.
Failure to Exercise Option. To the extent that following termination of employment or service, the Option is not exercised within the applicable periods described above, all further rights to purchase shares pursuant to the Option shall cease and terminate.
Appears in 2 contracts
Samples: Statutory Stock Option Agreement (Erickson Air-Crane Inc), Incentive Stock Option Agreement (Erickson Air-Crane Inc)
Failure to Exercise Option. To the extent that that, following termination of employment or service, the Option is not exercised because the written notice required by Section 3 is not provided to the Company within the applicable periods described above, all further rights to purchase shares units pursuant to the Option shall cease and terminate.
Appears in 2 contracts
Samples: 2011 Equity Incentive Plan (NUSCALE POWER Corp), 2011 Equity Incentive Plan (NUSCALE POWER Corp)
Failure to Exercise Option. To In the extent that following event of the termination of employment or serviceof the Optionee, to the extent the Option is not exercised within the applicable limited periods described provided above, all further rights to purchase shares pursuant to the Option shall cease and terminateterminate at the expiration of such periods.
Appears in 2 contracts
Samples: Non Statutory Stock Option Agreement (Northwest Natural Gas Co), Non Statutory Stock Option Agreement (Northwest Natural Gas Co)
Failure to Exercise Option. To the extent that following termination of employment or service, the Option is not exercised within the applicable periods described aboveabove or in Section 6.2, all further rights to purchase shares pursuant to the Option shall cease and terminate.. GESDMS/6557803.15
Appears in 1 contract
Samples: Stock Incentive Plan Non Statutory Stock Option Agreement (Nike Inc)
