Limitations on Exercise of Option. Notwithstanding the foregoing Sections, in no event may the Option be exercised: (i) in whole or in part, after ten years following the Grant Date, (ii) following termination of employment or other relationship for Cause (as defined in the Plan), or (iii) following termination of employment or other relationship except as provided in Sections 7(a), 7(b), and 7(c) below.
Appears in 3 contracts
Samples: Non Incentive Stock Option Agreement (LCC International Inc), Non Incentive Stock Option Agreement (LCC International Inc), Stock Option Grant (LCC International Inc)
Limitations on Exercise of Option. Notwithstanding the foregoing Sections, in no event may the Option be exercised: (i) in whole or in part, after ten years following the Grant Date, (ii) following termination of employment or other relationship for Cause (as defined in the Plan), below) or (iii) following termination of employment or other relationship except as provided in Sections 7(a)6.1, 7(b)6.2 and 6.3 below. For purposes of this Stock Option Agreement, and 7(c) below."
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Via Net Works Inc), Incentive Stock Option Agreement (Via Net Works Inc)
Limitations on Exercise of Option. Notwithstanding the foregoing Sections, in no event may the Option be exercised: (i) in whole or in part, after ten years following the Grant Date, as set forth in SECTION 1 above, (ii) following termination of employment or other relationship for Cause (as defined in the Plan), below) or (iii) following termination of employment or other relationship except as provided in Sections 7(a)SECTIONS 7.1, 7(b)7.2, and 7(c) 7.3 below.. For purposes of this Stock Option Agreement, "
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Global Imaging Systems Inc), Non Incentive Stock Option Agreement (Global Imaging Systems Inc)
