Option Period. No Incentive Option may be exercised on or after the tenth anniversary of the Grant Date, or on or after the fifth anniversary of the Grant Date if the Optionee is a Ten Percent Owner. The Option period under each Nonstatutory Option shall not be so limited solely by reason of this Section.
Appears in 12 contracts
Samples: Stock Option Agreement (Protara Therapeutics, Inc.), Stock Option Agreement (Netlist Inc), Stock Option Agreement (Radius Health, Inc.)
Option Period. No Incentive Option may be exercised on or after the tenth anniversary of the Grant Date, or on or after the fifth anniversary of the Grant Date of an Incentive Option if the Optionee is a Ten Percent Owner. The Option period under each Nonstatutory Option shall not be so limited solely by reason of this Section.
Appears in 2 contracts
Samples: Stock Option Agreement (Netlist Inc), Stock Option Agreement (Netlist Inc)
