Common use of Life of Option Clause in Contracts

Life of Option. Except for the right to exercise the Option (to the extent vested) for the period provided in § 2(d) following the termination of Optionee’s employment, Optionee shall have the right to exercise this Option (to the extent it is vested under the vesting schedule in § 2(a) on such date) until the earlier of (i) the date that the Option is exercised, cancelled in full or otherwise expires, or (ii) the tenth anniversary of the Grant Date.

Life of Option. Except for the right to exercise the Option (to the extent vested) for the period provided in § §2(d) following the termination of Optionee’s employmentemployment or status as a Director, Optionee shall have the right to exercise this Option (to the extent it is vested under the vesting schedule in § §2(a) on such date) until the earlier of (i) the date that the Option is exercised, cancelled in full or otherwise expires, or (ii) the tenth anniversary of the Grant Date.

Life of Option. Except for the right to exercise the Option (to the extent vested) for the period provided in § Section 2(d) following the termination of Optionee’s employment's employment or status as a Director, Optionee shall have the right to exercise this Option (to the extent it is vested under the vesting schedule in § Section 2(a) on such date) until the earlier of (i) the date that the Option is exercised, cancelled in full or otherwise expires, or (ii) the tenth anniversary of the Grant Date.

Life of Option. Except for the right to exercise the Option (to the extent vested) for the period provided in § 2(d) following the termination of Optionee’s employmentemployment or status as a Director, Optionee shall have the right to exercise this Option (to the extent it is vested under the vesting schedule in § 2(a) on such date) until the earlier of (i) the date that the Option is exercised, cancelled in full or otherwise expires, or (ii) the tenth anniversary of the Grant Date.