Maximum Option or SAR Period. The period in which an Option or SAR may be exercised shall be determined by the Committee on the date of grant; provided, however that an Incentive Stock Option or related SAR shall not be exercisable after the expiration of 10 years from the date the Incentive Stock Option was granted.
Appears in 3 contracts
Samples: Landamerica Financial Group Inc, Landamerica Financial Group Inc, Lawyers Title Corp
Maximum Option or SAR Period. The period in which an Option or SAR may be exercised shall be determined by the Committee on the date of its grant; provided, however however, that an Incentive Stock Option or related SAR shall not be exercisable after the expiration of 10 ten years from the date that the Incentive Stock Option was is granted.
Appears in 3 contracts
Samples: Open Plan (Open Plan Systems Inc), Open Plan (Open Plan Systems Inc), Open Plan Systems Inc
Maximum Option or SAR Period. The period in which an Option option or SAR may be exercised shall be determined by the Committee Board on the date of grant; provided, however that an Incentive Stock Option or related SAR shall not be exercisable after the expiration of 10 years from the date the Incentive Stock Option was granted.
Appears in 3 contracts
Samples: Southern National Bancorp of Virginia Inc, Eagle Financial Services Inc, Southern Community Financial Corp.
Maximum Option or SAR Period. The maximum period in which an Option ---------------------------- or SAR may be exercised shall be determined by the Committee on the date of grant; provided, however that an Incentive Stock Option or related SAR shall not be exercisable after the expiration of 10 years from the date the Incentive Stock Option was granted. The terms of any Incentive Stock Option or SAR may provide that it is exercisable for a period less than such maximum period.
Appears in 2 contracts
Samples: United Financial Banking Companies Inc, United Financial Banking Companies Inc
Maximum Option or SAR Period. The maximum period in which an Option or SAR may be exercised shall be determined by the Committee on the date of grant; provided, however . No Option that is an Incentive Stock Option or related SAR shall not be exercisable after the expiration of 10 years from the date the Option was granted or 5 years in the case of an Incentive Stock Option or related SAR that was grantedgranted to a Ten Percent Shareholder. The terms of any Option or SAR may provide that it is exercisable for a period less than such maximum periods.
Appears in 1 contract
Samples: Perardua Corp
Maximum Option or SAR Period. The maximum period in which an Option or SAR may be exercised shall be determined by the Committee on the date of grant; provided, however grant except that no Option that is an Incentive Stock incentive stock option and any Corresponding SAR that relates to such Option or related SAR shall not be exercisable after the expiration of 10 ten years from the date the Incentive Stock Option or SAR was granted. The terms of any Option or SAR may provide that it is exercisable for a period less than such maximum period.
Appears in 1 contract
Maximum Option or SAR Period. The period in which an Option option or SAR may be exercised shall be determined by the Committee on the date of grant; provided, however that an Incentive Stock Option option or related SAR shall not be exercisable after the expiration of 10 years from the date the Incentive Stock Option option was granted.
Appears in 1 contract
Samples: Virginia First Financial Corp
