Period for Exercise. This Option shall become exercisable immediately upon the date of grant ( , 20 ). All rights to exercise this Option shall terminate upon the earlier of (a) ten (10) years from the date the Option is granted ( , 20 ), or (b) two (2) years from the date the Grantee ceases to be a Director.
Appears in 1 contract
Samples: Director Nonqualified Stock Option Agreement (Sybron Dental Specialties Inc)
Period for Exercise. This Option shall become exercisable immediately upon beginning six months from the date of grant ( (______ __, 20 19__), regardless of whether Grantee is still a Director on such date. All rights to exercise this Option shall terminate upon the earlier of (a) ten (10) years from the date the Option is granted ( (_____ __, 20 ____), or (b) two (2) years from the date the Grantee ceases to be a Director.
Appears in 1 contract
Samples: Director Nonqualified Stock Option Agreement (Sybron International Corp)
Period for Exercise. This Option shall become exercisable immediately upon the date of grant ( (__________ _, 20 200_). All rights to exercise this Option shall terminate upon the earlier of (a) ten (10) years from the date the Option is granted ( (__________ _, 20 200_), or (b) two (2) years from the date the Grantee ceases to be a Director.
Appears in 1 contract
Samples: Director Nonqualified Stock Option Agreement (Sybron Dental Specialties Inc)
Period for Exercise. This Option shall become exercisable immediately upon the date of grant ( (_______ __, 20 19__). All rights to exercise this Option shall terminate upon the earlier of (a) ten (10) years from the date the Option is granted ( (_______ __, 20 ____), or (b) two (2) years from the date the Grantee ceases to be a Director.
Appears in 1 contract
Samples: Director Nonqualified Stock Option Agreement (Sybron International Corp)
