Common use of Period of Option and Conditions of Exercise Clause in Contracts

Period of Option and Conditions of Exercise. (a) Unless the Option is previously terminated pursuant to this Agreement or the Plan, the Option shall terminate on the tenth anniversary of the Date of Grant (the “Expiration Date”). Upon the termination of the Option, all rights of the Optionee hereunder shall cease.

Appears in 9 contracts

Samples: Performance Non Qualified Stock Option Agreement (Aimco OP L.P.), Performance Non Qualified Stock Option Agreement (Aimco OP L.P.), Non Qualified Stock Option Agreement (Aimco OP L.P.)

AutoNDA by SimpleDocs

Period of Option and Conditions of Exercise. (a) a. Period of Option. Unless the Option option is previously terminated pursuant to this Agreement or the PlanOption Agreement, the term of the Option and of this Option Agreement shall terminate commence on the tenth anniversary date hereof (the "Date of Grant") and terminate upon the expiration of ten (10) years from the Date of Grant (the “Expiration Date”)Grant. Upon the termination of the Option, all rights of the Optionee hereunder shall cease.

Appears in 4 contracts

Samples: Stock Option Agreement (Citizens & Northern Corp), Incentive Stock Option Agreement (Citizens & Northern Corp), Incentive Stock Option Agreement (Citizens & Northern Corp)

Period of Option and Conditions of Exercise. (a) Unless The Option shall be deemed to have been granted on the date hereof (the "Date of Grant") and, unless the Option is previously terminated pursuant to this Agreement or the PlanOption Agreement, the Option shall terminate on upon the tenth anniversary expiration of ten years from the Date of Grant date hereof (the "Expiration Date"). Upon the termination of the Option, all rights of the Optionee hereunder shall cease.

Appears in 3 contracts

Samples: Form of Stock Option Agreement (American Biltrite Inc), Stock Option Agreement (Congoleum Corp), Stock Option Agreement (Congoleum Corp)

Period of Option and Conditions of Exercise. (a) a. Period of Option. Unless the Option option is previously terminated pursuant to this Agreement or the PlanOption Agreement, the term of the Option and of this Option Agreement shall terminate commence on the tenth anniversary date hereof (the “Date of Grant”) and terminate upon the expiration of ten (10) years from the Date of Grant (the “Expiration Date”)Grant. Upon the termination of the Option, all rights of the Optionee hereunder shall cease.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Citizens & Northern Corp), Incentive Stock Option Agreement (Citizens & Northern Corp)

Period of Option and Conditions of Exercise. (a) Unless the Option is previously terminated pursuant to this Agreement or the Plan, the Option shall terminate on the tenth anniversary of the Date of Grant (the "Expiration Date"). Upon the termination of the Option, all rights of the Optionee hereunder shall cease.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Apartment Investment & Management Co)

Period of Option and Conditions of Exercise. (a) Unless The Option shall be deemed to have been granted on this ___ day of ______, 20__ (the “Date of Grant”) and, unless the Option is previously terminated pursuant to this Agreement or the Plan, the Option shall terminate on upon the tenth anniversary expiration of ten (10) years from the Date of Grant (the “Expiration Date”). Upon the termination of the Option, all rights of the Optionee Grantee hereunder shall cease.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Associated Capital Group, Inc.)

AutoNDA by SimpleDocs

Period of Option and Conditions of Exercise. (a) Unless the Option is previously terminated pursuant to this Agreement or the Plan, the Option shall terminate on the tenth anniversary of the Date of Grant (the “Expiration Date”). Upon the termination of the Option, all rights of the Optionee Employee hereunder shall cease.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (American Land Lease Inc)

Period of Option and Conditions of Exercise. (a) Unless The Option shall be deemed to have been granted on the date hereof (the "Date of Grant") and, unless the Option is previously terminated pursuant to this Option Agreement or the Plan, the Option shall terminate on upon the tenth anniversary expiration of ten (10) years from the Date of Grant (the "Expiration Date"). Upon the termination of the Option, all rights of the Optionee hereunder shall cease.

Appears in 1 contract

Samples: Form of Stock Option Agreement (American Biltrite Inc)

Period of Option and Conditions of Exercise. (a) Unless the Option is previously terminated pursuant to this Option Agreement or the Plan, the Option shall terminate on upon the tenth anniversary expiration of ten (10) years from the Date of Grant (the "Expiration Date"). Upon the termination of the Option, all rights of the Optionee hereunder shall cease.

Appears in 1 contract

Samples: Stock Option Agreement (American Biltrite Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.