Common use of Option Terms Clause in Contracts

Option Terms. Each option shall be evidenced by one or more documents in the form approved by the Plan Administrator; provided, however, that each such document shall comply with the terms specified below. Each document evidencing an Incentive Option shall, in addition, be subject to the provisions of the Plan applicable to such options.

Appears in 6 contracts

Samples: 2022 Ligand Service Provider Assumed Award Plan (OmniAb, Inc.), 2022 Omniab Service Provider Assumed Award Plan (OmniAb, Inc.), 2022 Omniab Service Provider Assumed Award Plan (Avista Public Acquisition Corp. II)

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Option Terms. Each option shall be evidenced by one or more documents in the form approved by the Plan Administrator; providedPROVIDED, however, that each such document shall comply with the terms specified below. Each document evidencing an Incentive Option shall, in addition, be subject to the provisions of the Plan applicable to such options.

Appears in 3 contracts

Samples: Option Agreement, Option Agreement, Stock Option Agreement (Vista Medical Technologies Inc)

Option Terms. Each option shall be a Non-Statutory Option evidenced by one or more documents in the form approved by the Plan Administrator; providedPROVIDED, however, that each such document shall comply with the terms specified below. Each document evidencing an Incentive Option shall, in addition, be subject to the provisions of the Plan applicable to such options.

Appears in 2 contracts

Samples: Option Agreement, Option Agreement

Option Terms. Each option shall be evidenced by one or more documents in the form approved by the Plan Administrator; provided, however, that each such document shall comply with the terms specified below. Each document evidencing an Incentive Option shall, in addition, be subject to the provisions of the Plan applicable to such options.. ​

Appears in 1 contract

Samples: 2022 Ligand Service Provider Assumed Award Plan (Avista Public Acquisition Corp. II)

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Option Terms. Each option shall be evidenced by one or more documents in the form approved by the Plan Administrator; provided, however, that each such document shall comply with the terms specified below. Each option shall be designated in the document as either an Incentive Option or a Non-Statutory Option. Each document evidencing an Incentive Option shall, in addition, be subject to the provisions of the Plan applicable to such options.

Appears in 1 contract

Samples: Merger Agreement (Valeritas Holdings Inc.)

Option Terms. Each option shall be evidenced by one or more documents in the form approved by the Plan Administrator; provided, however, that each such document shall comply with the terms specified below. Each document evidencing an Incentive Option shall, in addition, be subject to the provisions of Section 2.2 of the Plan applicable to such optionsPlan, below.

Appears in 1 contract

Samples: Executive Employment Agreement (Sportsnuts Com International Inc)

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