Common use of Term and Exercise of Option Clause in Contracts

Term and Exercise of Option. Subject to earlier termination, acceleration or cancellation of the Option as provided herein, the term of the Option shall be for that period of time also set forth on the Certificate (the "Option Period") and, subject to the provisions of this Agreement, the Option shall be exercisable at such times and as to such number of shares as determined on the schedule set forth on the Certificate.

Appears in 9 contracts

Samples: Stock Option Agreement (Universal Electronics Inc), Stock Option Agreement (Universal Electronics Inc), Nonqualified Stock Option Agreement (Universal Electronics Inc)

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Term and Exercise of Option. Subject to earlier termination, acceleration or cancellation of the Option as provided hereinherein or the Plan, the term of the Option shall be for that the period of time also set forth on specified in the Certificate (the "Option Period") and, subject to the provisions of this AgreementAgreement and the Plan, the Option shall be exercisable at such times and as to such number of shares Shares as determined on pursuant to the schedule set forth on specified in the Certificate.

Appears in 1 contract

Samples: Stock Option Agreement (Universal Electronics Inc)

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Term and Exercise of Option. Subject to earlier termination, acceleration or cancellation of the Option as provided herein, the term of the Option shall be for that period of time also set forth on the Certificate (the "β€œOption Period"”) and, subject to the provisions of this Agreement, the Option shall be exercisable at such times and as to such number of shares as determined on the schedule set forth on the Certificate.

Appears in 1 contract

Samples: Stock Option Agreement (Universal Electronics Inc)

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