Lapse of Options. Unless otherwise determined by the Committee in its sole discretion, the Option shall lapse at (and shall not be exercisable after) the time specified below:
Lapse of Options. Unless otherwise determined by the Committee, in respect of every vesting period, where the Committee determines, in its absolute discretion, that the performance condition and/or any other condition applicable to an Option (including the Participant’s active Appointment until the completion of that vesting period) has not been satisfied (whether fully or partially), such Option shall lapse and be of no value. For the purposes of this Section 4.15, a Participant shall be deemed to have ceased to be so actively Appointed as of the date he or she ceases to be a XXX.
Lapse of Options. All unexercised options under this Section 5.09 shall be deemed to lapse at the end of the applicable option periods.
Lapse of Options. Lessee acknowledges and agrees that (1) all of Lessee's rights (a) to extend the term pursuant to Lease Rider No. 1 and (b) to lease additional space pursuant to Lease Rider No. 3 have terminated; (2) Lessee has no right to extend the term of the Lease; and (3) Lessor has no obligation to lease additional space to Lessee.
Lapse of Options. If the option specified in Section 8.6(c) ---------------- hereof shall expire without exercise thereof, the Transferring Party shall be entitled to make the proposed sale of its XXX.xxx common stock to the Third Party for the consideration and in accordance with any other material terms or conditions described in the Transfer Notice, provided that the Third Party agrees, in form and substance reasonably satisfactory to the Other Party, to be bound by the provisions of this Agreement to the same extent as if such Third Party were originally a party hereto. If the sale of the Transferring Party=s XXX.xxx common stock is not completed within 90 days of the date of the expiration of the option set forth in Section 8.6(c) above, then such XXX.xxx common stock shall again become subject to the options of this Section 8.6.
Lapse of Options. If none of the options provided for in this Section 4 have been timely exercised, then such options shall expire, but all of the provisions of this Agreement shall apply to any future Disposition or Proposed Disposition of Stock owned or held by the Selling Shareholder.
Lapse of Options. 9.1 Lapsing events Unless the Board otherwise determines in its discretion, Options will lapse on the earlier of:
Lapse of Options. 2.8 An Option shall lapse and cease to be exercisable on the first to the occur of the following events:
Lapse of Options. The Stock Option shall lapse and become unexercisable in part or in full on the earliest of the following events:
Lapse of Options. (1) Notwithstanding any other Rule of this Scheme, an Option shall lapse upon the occurrence of the earliest of the following events:-
