Common use of Right of Exercise Cumulative Clause in Contracts

Right of Exercise Cumulative. The right of exercise shall be cumulative so that to the extent the option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all shares for which it is vested until the earlier of the Final Exercise Date or the termination of this option under Section 3 hereof or the Plan.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Network Plus Corp), Incentive Stock Option Agreement (Network Plus Corp)

AutoNDA by SimpleDocs

Right of Exercise Cumulative. The right of exercise shall be cumulative so that that, to the extent the option is not exercised in any period to the maximum extent permissible permissible, it shall continue to be exercisable, in whole or in part, with respect to all shares for which it is vested until the earlier of the Final Exercise Date or the termination of this option under Section 3 hereof or the Plan.

Appears in 1 contract

Samples: Stock Option Agreement (Network Plus Corp)

Right of Exercise Cumulative. The right of exercise pursuant to ---------------------------- Section 2(a) above shall be cumulative so that to the extent the option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all shares Shares for which it is vested until the earlier of the Final Exercise Date or the termination of this option under Section 3 hereof or the Plan.

Appears in 1 contract

Samples: Modus Media International Holdings Inc

AutoNDA by SimpleDocs

Right of Exercise Cumulative. The right of exercise shall be cumulative ---------------------------- so that to the extent the option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all shares Shares for which it is vested exercisable until the earlier of the Final Exercise Date or the termination of this option under Section 3 hereof or the Plan.

Appears in 1 contract

Samples: Modus Media International Holdings Inc

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!