Latest Date of Exercise Sample Clauses

Latest Date of Exercise. The Option shall expire, and in no event shall any shares be available for purchase hereunder, upon the earliest to occur of (i) the tenth anniversary of the Grant Date, (ii) the date that is three (3) months following the Participant’s termination of employment for any reason other than due to death, Disability (as defined below) or Retirement (as defined below), (iii) the second anniversary of the date of termination of the Participant’s employment due to death or (iv) the fifth anniversary of the date of termination of the Participant’s employment due to Retirement or Disability; provided, that any exercise under (iii) or (iv) above that is made after the first anniversary of the date of the Participant’s death, Disability or Retirement will disqualify the Option from Incentive Stock Option treatment and for any exercise after such anniversary, the Option shall be treated as a Non-Qualified Stock Option.
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Latest Date of Exercise. The Option shall expire, and in no event shall any shares be available for purchase hereunder, upon the earlier of (i) ten (10) years from the date of grant of the Option, and (ii) (1) in the event of the Participant’s termination of employment with the Corporation and its subsidiaries for any reason other than death or disability, upon the expiration of three (3) months from the date of such termination, (2) in the event of the Participant’s termination of employment by reason of his disability, upon the expiration of one (1) year from the date of such termination; or (3) in the event of the Participant’s termination of employment by reason of his death, upon the expiration of two (2) years from the date of death. For purposes of the foregoing, the Participant shall be deemed to be disabled if he is disabled as contemplated by Section 422(c)(6) of the Internal Revenue Code of 1986, as amended (or any successor statute).
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Latest Date of Exercise. Notwithstanding anything ----------------------- contained herein to the contrary in no event may the SARs be exercised later than October 25, 2013.
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Latest Date of Exercise. Notwithstanding anything ----------------------- contained herein to the contrary, in no event may the Option be exercised later than October 25, 2013.
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Latest Date of Exercise. The Option shall expire, and in no event shall any shares be available for purchase hereunder, upon the earliest to occur of (i) the tenth anniversary of the Grant Date, (ii) the date that is three (3) months following the Participant’s termination of employment for any reason other than due to death, Disability (as defined below) or Retirement (as defined below), (iii) the second anniversary of the date of termination of the Participant’s employment due to death or (iv) the fifth anniversary of the date of termination of the Participant’s employment due to Retirement or Disability; provided, however, that any exercise under clause (iii) or clause (iv) above that is made, in the case of Retirement, after the end of the ________________________ 1ISOs granted to 10% owners use 110% of FMV as Option price. 2ISOs granted to 10% owners expire on the fifth anniversary. three-month period following the Participant’s date of Retirement, or, in the case of death or Disability, after the first anniversary of the date of the Participant’s death or Disability, will disqualify the Option from Incentive Stock Option treatment and for any exercise after such periods, the Option shall be treated as a Non-Qualified Stock Option.
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Latest Date of Exercise. The Option shall expire, and in no event shall any shares be available for purchase hereunder, upon the earliest to occur of (i) the tenth anniversary of the Date of Grant, (ii) the date that is three (3) months following the Participant’s termination of employment for any reason other than due to death, Disability (as defined below) or Retirement (as defined below), (iii) the second anniversary of the date of termination of the Participant’s employment due to death or (iv) the fifth anniversary of the date of termination of the Participant’s employment due to Retirement or Disability; provided, however, that any exercise under clause (iii) or clause (iv) above must be made, in the case of Retirement, after the end of the three-month period following the Participant’s date of Retirement, or, in the case of death or Disability, after the first anniversary of the date of the Participant’s death or Disability. 
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Related to Latest Date of Exercise

  • Effective Date of Exercise This Warrant shall be deemed to have been exercised immediately prior to the close of business on the date of its surrender for exercise as provided above. The person entitled to receive the Shares issuable upon exercise of this Warrant shall be treated for all purposes as the holder of record of such shares as of the close of business on the date the Holder is deemed to have exercised this Warrant.

  • Partial Exercise; Effective Date of Exercise In case of any partial exercise of this Warrant, the Company shall cancel this Warrant upon surrender hereof and shall execute and deliver a new Warrant of like tenor and date for the balance of the shares of Common Stock purchasable hereunder. This Warrant shall be deemed to have been exercised immediately prior to the close of business on the date of its surrender for exercise as provided above. The person entitled to receive the shares of Common Stock issuable upon exercise of this Warrant shall be treated for all purposes as the holder of record of such shares as of the close of business on the date the Company receives the Notice of Exercise, subject to receipt of the Exercise Amount.

  • Time of Exercise The purchase rights represented by this Warrant may be exercised in whole or in part during the Term.

  • Period of Exercise This Warrant is exercisable at any time or from time to time on or after the date on which this Warrant is issued and delivered pursuant to the terms of the Securities Purchase Agreement and before 6:00 p.m., New York, New York time on the fifth (5th) anniversary of the date of issuance (the "Exercise Period").

  • Form of Exercise Price The Holder intends that payment of the Exercise Price shall be made as: ____________ a “Cash Exercise” with respect to _________________ Warrant Shares; and/or ____________ a “Cashless Exercise” with respect to _______________ Warrant Shares.

  • Extension of Exercise Period Notwithstanding any provisions of paragraphs (a), (b), (c) or (d) of this Section to the contrary, if exercise of the Option following termination of employment during the time period set forth in the applicable paragraph or sale during such period of the Shares acquired on exercise would violate any of the provisions of the federal securities laws (or any Company policy related thereto), the time period to exercise the Option shall be extended until the later of (i) forty-five (45) days after the date that the exercise of the Option or sale of the Shares acquired on exercise would not be a violation of the federal securities laws (or a related Company policy), or (ii) the end of the time period set forth in the applicable paragraph.

  • Dates of Exercise This option shall become exercisable for the Option Shares in one or more installments as specified in the Grant Notice. As the option becomes exercisable for such installments, those installments shall accumulate, and the option shall remain exercisable for the accumulated installments until the Expiration Date or sooner termination of the option term under Paragraph 5 or 6.

  • Date of Exercise The "Date of Exercise" of the Warrant shall be defined as the date that the advance copy of the completed and executed Exercise Form is sent by facsimile to the Company, provided that the original Warrant and Exercise Form are received by the Company as soon as practicable thereafter. Alternatively, the Date of Exercise shall be defined as the date the original Exercise Form is received by the Company, if Holder has not sent advance notice by facsimile.

  • Payment of Exercise Price In the event that the holder has elected a Cash Exercise with respect to some or all of the Warrant Shares to be issued pursuant hereto, the holder shall pay the Aggregate Exercise Price in the sum of $___________________ to the Company in accordance with the terms of the Warrant.

  • Vesting; Time of Exercise Except as specifically provided in this Agreement and subject to certain restrictions and conditions set forth in the Plan, the Optioned Shares shall be vested and the Stock Option shall be exercisable as follows:

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