Reasonable Lapse of Time. The lapse of such reasonable period of time following the exercise of the Option as the Board or Committee, as the case may be, may establish from time to time for reasons of administrative convenience.
Appears in 6 contracts
Samples: Nonqualified Stock Option Agreement (Blonder Tongue Laboratories Inc), Nonqualified Stock Option Agreement (Blonder Tongue Laboratories Inc), Incentive Stock Option Agreement (Blonder Tongue Laboratories Inc)
Reasonable Lapse of Time. The lapse of such reasonable period of time following the exercise of the Option as the Board or Committee, as the case may be, may establish from time to time for reasons of administrative convenience.
Appears in 5 contracts
Samples: Stock Option Agreement (Blonder Tongue Laboratories Inc), Stock Option Agreement (Blonder Tongue Laboratories Inc), Stock Option Agreement (Blonder Tongue Laboratories Inc)
Reasonable Lapse of Time. The lapse of such reasonable period of time following the exercise of the Option as the Board or Committee, as the case may be, Committee may establish from time to time for reasons of administrative convenience.
Appears in 2 contracts
Samples: Stock Option Agreement (Pulse Electronics Corp), Stock Option Agreement (Pulse Electronics Corp)
Reasonable Lapse of Time. The lapse of such reasonable period ------------------------ of time following the exercise of the Option as the Board or Committee, as the case may be, may establish from time to time for reasons of administrative convenience. The issuance of such certificate shall be evidenced on the books of the Company with such reasonable period of time.
Appears in 1 contract
