Period of Option. Unless the Option is previously terminated pursuant to this Agreement, the term of the Option and this Agreement shall commence on the Date of Grant and shall terminate upon the tenth anniversary of the Date of Grant. Upon termination of the Option, all rights of the Optionee (including, without limitation, his or her guardian or legal representative) hereunder shall cease.
Period of Option. The term of the Option shall be for a period of ten ---------------- years from the date hereof, subject to earlier termination as provided herein. Prior to the expiration of the Option, Optionee may exercise the Option for portions of the total option stock granted only in accordance with the vesting schedule set forth on Exhibit "A" attached hereto.
Period of Option. The Option is exercisable at any time during a ---------------- period of five years commencing January 4, 1999 and ending January 3, 2004. The Option may be exercised from time to time during the option period as to the total number of shares covered thereby or any lesser amount thereof. The Option is nonexercisable after January 3, 2004. Termination of the Optionee's relationship with the Company shall not affect the Optionee's ability to exercise the Option.
Period of Option. The period of the Option shall commence on the Grant Date and expire on the tenth (10th) anniversary of the Grant Date, subject to earlier termination as set forth in the Plan and this Stock Option Agreement ("Option Period"). The Option (or any lesser amount thereof) may be exercised from time to time during the Option Period as to the number of Total Shares allowable under Section 3 below and the Plan.
Period of Option. The option granted under the Plan shall have a term of ten (10) years from the date on which it is granted; provided that the option or the unexercised portion thereof (to the extent exercisable on the date of termination of employment) shall terminate at the close of business on the day three (3) months following the date on which the Optionee ceases to be employed by the Corporation or a subsidiary, unless the option shall have already expired by its terms, except as provided under subsection (f) of this section in the event of the death or disability of the Optionee.
Period of Option. Except as otherwise provided in the Plan, the Option is cumulatively exercisable in installments in accordance with the following schedule: 2006 None 2007 33.3 % 2008 33.3 % 2009 33.3 % 2010 100 % The Option may be exercised from time to time during the option period as to the total number of shares allowable under this Section 2, or any lesser amount thereof. The Option is not exercisable before February 23, 2007 or after February 23, 2017.
Period of Option. This Option may be exercised as provided herein at any time from and after the Date of Grant until 5:00 p.m., New York City time, on the date that is six months and one day after the Date of Grant or if such date is not a business day on the next succeeding business day (the "Expiration Date"). Upon the occurrence of the Expiration Date, all rights of the Company hereunder, with respect to the Option, shall cease.
Period of Option. This Option shall expire on the earliest to occur of:
(a) the tenth anniversary of the date of this Agreement; and
(b) 90 days after the termination of the Executive's employment with the Company for any reason.
Period of Option. This Agreement and the terms of the Option hereunder shall commence on the date hereof (the "Date of Grant") and, unless previously terminated pursuant to this Agreement, the Option shall terminate upon the expiration of ten (10) years from such Date of Grant. Upon the termination of the Option all rights of the Optionee hereunder, with respect to the Option, shall cease.
Period of Option. The Options will expire at the close of business seven years from the Date of Xxxxx (the "Expiration Date"), as indicated on the Award Agreement, unless earlier terminated.
