Common use of Option Exercise Period Clause in Contracts

Option Exercise Period. (a) Subject to the provisions of Sections 6(a), 6(b), and 7, the Option shall become exercisable as to the number of shares and on the dates specified in the exercise schedule at the beginning of this Agreement and in Section 4. The exercise schedule shall be cumulative, which means that to the extent the Option has not already been exercised and has not expired, terminated, or been canceled, Employee may at any time and from time to time purchase all or any portion of the Common Shares then purchasable under the exercise schedule. (b) The Option and all rights to purchase shares thereunder shall cease on the earliest of: (i) The Expiration Date specified at the beginning of this Agreement (which date is not more than 10 years after the date of this Agreement); or (ii) The expiration of the period after Employee's termination of employment within which the Option is exercisable as specified in Section 6(a) or 6(b), whichever is applicable. (c) Notwithstanding any other provision of this Agreement, no one may exercise the Option, in whole or in part, after its Expiration Date.

Option Exercise Period. (a) Subject to the provisions of Sections 6(a5(a), 6(b5(b), and 76, the Option shall become exercisable as to the number of shares and on the dates specified in the exercise schedule at the beginning of this Agreement and in Section 4Agreement. The exercise schedule shall be cumulative, which means that to the extent the Option has not already been exercised and has not expired, terminated, or been canceledcancelled, Employee may at any time and from time to time purchase all or any portion of the Common Shares then purchasable under the exercise schedule. (b) The Option and all rights to purchase shares thereunder shall cease on the earliest of: (i) The Expiration Date specified at the beginning of this Agreement (which date is not more than 10 years after the date of this Agreement); or (ii) The expiration of the period after Employee's termination of employment within which the Option is exercisable as specified in Section 6(a5(a) or 6(b5(b), whichever is applicable; or (iii) The date, if any, fixed for cancellation under Section 10(b). (c) Notwithstanding any other provision of this Agreement, no one may exercise the Option, in whole or in part, after its Expiration Date.

Option Exercise Period. (a) Subject to the provisions of Sections 6(a), 6(b), and 7, the Option shall become exercisable as to the number of shares and on the dates specified in the exercise schedule at the beginning of this Agreement and Agreement, as limited in Section 4. The exercise schedule shall be cumulative, which means that to the extent the Option has not already been exercised and has not expired, terminated, or been canceled, Employee may at any time and from time to time purchase all or any portion of the Common Shares then purchasable under the exercise schedule. (b) The Option and all rights to purchase shares thereunder shall cease on the earliest of: (i) The Expiration Date specified at the beginning of this Agreement (which date is not more than 10 years after the date of this Agreement); or (ii) The expiration of the period after Employee's termination of employment within which the Option is exercisable as specified in Section 6(a) or 6(b), whichever is applicable. (c) Notwithstanding any other provision of this Agreement, no one may exercise the Option, in whole or in part, after its Expiration Date.