Common use of TERM AND EXERCISABILITY Clause in Contracts

TERM AND EXERCISABILITY. (a) The term of the Option granted hereunder shall commence as of the date hereof and shall terminate on the tenth anniversary hereof (the "Expiration Date"), unless sooner terminated in accordance with the provisions set forth herein or in the Plan;

TERM AND EXERCISABILITY. (a) The term of the Option granted hereunder shall commence as of the date hereof and shall terminate on the tenth anniversary hereof (the "Expiration Date")hereof, unless sooner terminated in accordance with the provisions set forth herein or in the Plan;