Common use of Lapse Upon Expiration Clause in Contracts

Lapse Upon Expiration. To the extent that this Option is not exercised prior to the applicable expiration date set forth in Section 2(b) or Section 3 of this Agreement, all rights of Optionee under this Option shall thereupon be forfeited.

Appears in 11 contracts

Samples: Incentive Stock Option Agreement, Incentive Stock Option Agreement (API Technologies Corp.), Incentive Stock Option Agreement (API Nanotronics Corp.)

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Lapse Upon Expiration. To the extent that this Option is not exercised prior to the applicable expiration date set forth in Section 2(b) or Section 3 of this AgreementExpiration Date, all rights of Optionee under this Option shall thereupon be forfeited.

Appears in 9 contracts

Samples: Stock Option Agreement (Ceco Environmental Corp), Stock Option Agreement (Ceco Environmental Corp), Stock Option Agreement (Ceco Environmental Corp)

Lapse Upon Expiration. To the extent that this Option is not exercised prior to the applicable expiration date set forth in Section 2(b3(b) or Section 3 4 of this Agreement, all rights of Optionee under this Option shall thereupon be forfeited.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Ceco Environmental Corp)

Lapse Upon Expiration. To the extent that this Option is not exercised prior to the applicable expiration date Expiration Date set forth in Section 2(b) or Section 3 of this Agreement),, all rights of Optionee under this Option shall thereupon be forfeited.

Appears in 1 contract

Samples: Stock Option Agreement (Ceco Environmental Corp)

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Lapse Upon Expiration. To the extent that this Option is not exercised prior to the applicable expiration date set forth in Section 2(b2(d) or Section 3 of this Agreement, all rights of Optionee under this Option shall thereupon be forfeited.

Appears in 1 contract

Samples: Stock Option Agreement (API Nanotronics Corp.)

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