Common use of General Vesting and Period of Exercise Clause in Contracts

General Vesting and Period of Exercise. This Option shall vest as to the Option Shares as set forth in the Notice. Unless the Option is terminated as provided hereunder or under the Plan, Optionee (or in the case of exercise after Optionee's death or disability, Optionee's executor, administrator, heir or legatee, as the case may be) may exercise this Option in whole or in part at any time after the Grant Date as to any Option Shares that have vested until it expires at 5 p.m., Miami, Florida time, on the tenth anniversary of the Grant Date (the “Option Period”).

Appears in 2 contracts

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

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General Vesting and Period of Exercise. This Option shall vest as to the Option Shares as set forth in the Noticefollows: . Unless the Option is terminated as provided hereunder or under the Plan, Optionee (or in the case of exercise after Optionee's ’s death or disability, Optionee's ’s executor, administrator, heir or legatee, as the case may be) may exercise this Option in whole or in part at any time after the Grant Date as to any Option Shares that have vested until it expires at 5 p.m., Miami, Florida time, on the tenth anniversary of the Grant Date (the “Option Period”).

Appears in 1 contract

Samples: Non Qualified Stock Option Grant Agreement (Veru Inc.)

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General Vesting and Period of Exercise. This Option shall vest as to the Option Shares as set forth in the Noticefollows: _________. Unless the Option is terminated as provided hereunder or under the Plan, Optionee (or in the case of exercise after Optionee's death or disability, Optionee's executor, administrator, heir or legatee, as the case may be) may exercise this Option in whole or in part at any time after the Grant Date as to any Option Shares that have vested until it expires at 5 p.m., Miami, Florida time, on the tenth anniversary of the Grant Date (the "Option Period").

Appears in 1 contract

Samples: Non Qualified Stock Option Grant Agreement (Veru Inc.)

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