Common use of Period for Exercise Clause in Contracts

Period for Exercise. This Option shall become exercisable beginning six months from the date of grant (______ __, 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 (_____ __, ____), or (b) two (2) years from the date the Grantee ceases to be a Director.

Appears in 1 contract

Samples: Sybron International Corp

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Period for Exercise. This Option shall become exercisable beginning six months from immediately upon the date of grant (__________ __, 19_200_), 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 (_____ __, ______ _, 200_), or (b) two (2) years from the date the Grantee ceases to be a Director.

Appears in 1 contract

Samples: Sybron Dental Specialties Inc

Period for Exercise. This Option shall become exercisable beginning six months from immediately upon the date of grant (______ __( , 19__20 ), 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: Nonqualified Stock Option Agreement (Sybron Dental Specialties Inc)

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Period for Exercise. This Option shall become exercisable beginning six months from immediately upon the date of grant (_______ __, 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 (_______ __, ____), or (b) two (2) years from the date the Grantee ceases to be a Director.

Appears in 1 contract

Samples: Sybron International Corp

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