Maximum Exercise Period. 5 6.3 Transferability........................................................ 5
Maximum Exercise Period. The maximum period in which an Option may be exercised shall be 10 years after the date it is granted.
Maximum Exercise Period. The maximum period in which an Option may be exercised shall be determined by the Committee on the date of grant except that no Option shall be exercisable after the expiration of 10 years (five years in the case of Incentive Options granted to a Ten Percent Shareholder) from the date it was granted. The terms of any Option may provide that it is exercisable for a shorter period.
Maximum Exercise Period. The maximum period in which an Option may be exercised shall be determined by the Committee on the date of grant except that no Incentive Option shall be exercisable after the expiration of ten years, or after the expiration of five years in the case of Incentive Options granted to a Ten Percent Stockholder, from the date that the Incentive Option was granted. An Option shall terminate and cease to be outstanding upon the termination, for any reason, of the Participant’s services to the Company or its specified Affiliate as a director, officer, employee, consultant, advisor, agent, independent contractor or independent sales or service organization, except as follows:
(a) where a Participant’s services to the Company or an Affiliate are terminated due to the death of a Participant, an Option may be exercised after a Participant’s death by a Participant’s designated beneficiary, a Participant’s heir, the legal representative of a Participant’s estate or by the legatee of a Participant under his last will for a period of 12 months from the date of a Participant’s death, but only to the extent that the Option is exercisable as of the date of the Participant’s death and has not otherwise expired or been terminated;
(b) where a Participant’s services to the Company or an Affiliate are terminated due to a Disability of a Participant, an Option may be exercised after such termination of services for a period of 12 months from the date of such termination of services, but only to the extent that the Option is exercisable as of the date of such termination of services and has not otherwise expired or been terminated; and
(c) where a Participant’s services to the Company or an Affiliate are terminated for any reason other than by reason of death, Disability or Misconduct, an Option may thereafter be exercised for a period of three months from the date of such termination of services, but only to the extent that the Option is exercisable as of the date of such termination of services and has not otherwise expired or been terminated.
Maximum Exercise Period. The maximum period in which an Award may be exercised shall be determined by the Committee on the date of grant except that no Incentive Option shall be exercisable after the expiration of 10 years (five years in the case of Incentive Options granted to a Ten Percent Shareholder) from the date it was granted. The terms of any Award may provide that it is exercisable for a shorter period. All Incentive Options shall terminate on the date the Participant's employment with the Company terminates, except as otherwise provided in the Agreement with respect to termination of employment, death, disability or a "change of control" (as defined in any change of control agreement to which the Company and any such Participant are parties).
Maximum Exercise Period. Notwithstanding any provision of this Agreement to the contrary, the Option shall expire no later than ten years from the date of grant.
Maximum Exercise Period. Notwithstanding any provision of this Agreement to the contrary, the Options shall expire no later than ten years from the date hereof or five years if, as of the date hereof, the Optionee owns or is considered to own by reason of Code Section 425(d) more than 10% of the total combined voting power of all classes of stock of the Corporation or any Subsidiary or parent corporation of the Corporation.
Maximum Exercise Period. The post-termination exercise period shall be: Event Triggering Termination of SARs Max Time to Exercise Following Triggering Event By Participant's signature and the signature of the Company's representative below, Participant and the Company agree that the SARs granted herein are governed only by the terms and conditions of this Notice and the Award Agreement. By: /s/Bass X. Xxxxxxx, Xx. Bass. X. Xxxxxxx, Xx. Its: Senior Vice President and General Counsel Dated: February 22, 2018 Participant has reviewed this Notice and the Award Agreement in their entirety, has had an opportunity to have such reviewed by his legal and tax advisers, and hereby attests that he is relying solely on such advisors and not on any statements or representations of the Company or any of its agents or affiliates. Participant represents to the Company that he is familiar with the terms of this Notice and the Award Agreement, and hereby accepts the SARs subject to all of its terms. Participant hereby agrees that all questions of interpretation and administration relating to this Notice and the Award Agreement shall be solely resolved by the Committee. This Notice may be executed by Participant and the Company by means of electronic or digital signatures, which shall have the same force and effect as manual signatures. Participant agrees that clicking "I Accept" in connection with or response to any electronic communication or other medium has the effect of affixing Participant's electronic signature to this Notice. Xxxxxx X. Xxxxxxxxx Dated: February 22, 2018 Subject to the terms and conditions of the Notice of Stock Appreciation Rights Award (the "Notice") and this TETRA Technologies, Inc. Stand-Alone Cash-Settled Stock Appreciation Rights Award Agreement (this "Award Agreement"), the Company hereby grants the individual set forth in the Notice ("Participant") SARs in the Company. For avoidance of doubt and for purposes of clarity, the SARs granted pursuant to this Notice and the Award Agreement are not being granted under the TETRA Technologies, Inc. Third Amended and Restated 2011 Long Term Incentive Compensation Plan or under any other equity plan of the Company. Unless otherwise specifically indicated, all terms used in this Award Agreement shall have the meaning as defined herein or as defined in the Notice.
Maximum Exercise Period. Notwithstanding any provision of this Agreement to the contrary, the Purchase Rights shall expire no later than six years from the date hereof or five years if, as of the date hereof, the Purchaser owns or is considered to own by reason of Internal Revenue Code Section 424(d) more than 10% of the total combined voting power of all classes of stock of the Company or any Subsidiary or parent corporation of the Company.
Maximum Exercise Period. Pursuant to Section 4 of the Award Agreement and Section 7(d) of the Plan, the post-termination exercise period shall be:
