Common use of Option Expiration Date Clause in Contracts

Option Expiration Date. To derive any benefit from your stock options, you must exercise them during the period that begins on the applicable Earliest Exercise Date and ends on the Option Expiration Date. The Option Expiration Date for your stock options is specified in this Stock Option Certificate. Your Option Expiration Date may be accelerated in the event of your termination of service with the Company. Your stock options will expire on the earliest of (i) the Option Expiration Date, (ii) three months after your termination of service with the Company for any reason other than death, Disability (as defined in the Plan), Retirement (as defined in the Plan) or Termination for Cause (as defined in the Plan); (iii) one year after your termination of service due to death, Disability or Retirement; and (iv) the date and time of your Termination for Cause.

Appears in 3 contracts

Samples: Stock Option Agreement (Lake Shore Bancorp, Inc.), Stock Option Agreement (Rome Bancorp Inc), Stock Option Agreement (CMS Bancorp, Inc.)

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Option Expiration Date. To derive any benefit from your stock options, you must exercise them during the period that begins on the applicable Earliest Exercise Date and ends on the Option Expiration Date. The Option Expiration Date for your stock options is specified in this Stock Option Certificate. Your Option Expiration Date may be accelerated in the event of your termination of service with the Company. Your stock options will expire on the earliest of (i) the Option Expiration Date, (ii) three months after your termination of service with the Company for any reason other than death, Disability (as defined in the Plan), Retirement (as defined in the Plan) or Termination for Cause (as defined in the Plan); (iii) one year after your termination of service due to death, Disability death or RetirementDisability; and (iv) the date and time of your Termination for Cause.

Appears in 2 contracts

Samples: Stock Option Agreement (PFF Bancorp Inc), Stock Option Agreement (PFF Bancorp Inc)

Option Expiration Date. To derive any benefit from your stock options, you must exercise them during the period that begins on the applicable Earliest Exercise Date and ends on the Option Expiration Date. The Option Expiration Date for your stock options is specified in this Stock Option CertificateAgreement. Your Option Expiration Date may be accelerated in the event of your termination of service with the Company. Your stock options will expire on the earliest of (i) the Option Expiration Date, (ii) three months after your termination of service with the Company for any reason other than death, Disability (as defined in the Plan), Retirement (as defined in the Plan) death or Termination for Cause (as defined in the Plan); (iii) one year after your termination of service due to death, Disability or Retirement; and (iv) the date and time of your Termination for Cause.

Appears in 1 contract

Samples: Stock Option Agreement (Silver State Bancorp)

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Option Expiration Date. To derive any benefit from your stock options, you must exercise them during the period that begins on the applicable Earliest Exercise Date and ends on the Option Expiration Date. The Option Expiration Date for your stock options is specified in this Stock Option Certificate. Your Option Expiration Date may be accelerated in the event of your termination of service with the Company. Your stock options will expire on the earliest of (i) the Option Expiration Date, (ii) three months after your termination of service with the Company for any reason other than death, Disability (as defined in the Plan), Retirement (as defined in the Plan) or Termination for Cause (as defined in the Plan); (iii) one year ten years after your termination of service due to death, Disability death or RetirementDisability; and (iv) the date and time of your Termination for Cause.

Appears in 1 contract

Samples: Stock Option Agreement (New Hampshire Thrift Bancshares Inc)

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