Common use of Term and Exercisability of Option Clause in Contracts

Term and Exercisability of Option. This Option shall expire on the earlier of [not later than the grant date + ten years – one day] or the last day of the exercise period determined pursuant to subsection (c) of this Section 3. At any time before its expiration, this Option may be exercised to the extent set forth in the schedule attached to this Agreement as Exhibit 1, which is incorporated herein and made a part hereof by this reference, provided that:

Appears in 4 contracts

Samples: Nonqualified Stock Option Agreement (Enterprise Bancorp Inc /Ma/), Incentive Stock Option Agreement (Enterprise Bancorp Inc /Ma/), Nonqualified Stock Option Agreement (Enterprise Bancorp Inc /Ma/)

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Term and Exercisability of Option. This Option shall expire on the earlier of [not later than the grant date + ten years – one day] XXXX XX, 20XX or the last day of the exercise period determined pursuant to subsection (c) of this Section 3. At any time before its expiration, this Option may be exercised to the extent set forth in the schedule attached to this Agreement as Exhibit 1, which is incorporated herein and made a part hereof by this reference, provided that:

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Enterprise Bancorp Inc /Ma/), Nonqualified Stock Option Agreement (Enterprise Bancorp Inc /Ma/)

Term and Exercisability of Option. This Option shall expire on the earlier of [not later than the grant date + ten years – one day] March 16, 2016 or the last day of the exercise period determined pursuant to subsection (c) of this Section 3. At any time before its expiration, this Option may be exercised to the extent set forth in the schedule attached to this Agreement as Exhibit 1, which is incorporated herein and made a part hereof by this reference, provided that:

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Enterprise Bancorp Inc /Ma/)

Term and Exercisability of Option. This Option shall expire on the earlier of [not later than the grant date + ten years – one day[yrs10]] or the last day of the exercise period determined pursuant to subsection (c) of this Section 3. At any time before its expiration, this Option may be exercised to the extent set forth in the schedule attached to this Agreement as Exhibit 1, which is incorporated herein and made a part hereof by this referencefollowing schedule, provided that:

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Iron Mountain Inc/Pa)

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Term and Exercisability of Option. This Option shall expire on the earlier of [not later than the grant date + ten years - one day] or the last day of the exercise period determined pursuant to subsection (c) of this Section 3. At any time before its expiration, this Option may be exercised to the extent set forth in the schedule attached to this Agreement as at Exhibit 1, which is incorporated herein and made a part hereof by this reference, provided that:

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Enterprise Bancorp Inc /Ma/)

Term and Exercisability of Option. This Option shall expire on the earlier of [not later than the grant date + ten years – one day] mmmm dd, yyyy or the last day of the exercise period determined pursuant to subsection (c) of this Section 3. At any time before its expiration, this Option may be exercised to the extent set forth in the schedule attached to this Agreement as Exhibit 1, which is incorporated herein and made a part hereof by this referencefollowing schedule, provided that:

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Enterprise Bancorp Inc /Ma/)

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