Common use of Grant Term Clause in Contracts

Grant Term. Subject to the terms of the Plan and Section 14 hereof as to earlier termination of the exercise period of the Award, the exercise period of the Award shall expire ten (10) years from the Grant Date.

Appears in 13 contracts

Sources: Grant Agreement (Loral Space & Communications Inc.), Grant Agreement (Non Qualified Share Options/Tandem Sars), Grant Agreement (Loral Space & Communications Inc.)