Common use of TERM AND EXERCISE OF OPTIONS Clause in Contracts

TERM AND EXERCISE OF OPTIONS. The Options shall ----------------------------- remain outstanding (subject to the vesting and exercisability provisions provided herein) for a period of six (6) years beginning on the Date of Grant (the "Option Term").

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Samsonite Corp/Fl), Nonqualified Stock Option Agreement (Samsonite Corp/Fl)

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TERM AND EXERCISE OF OPTIONS. The Options shall remain ----------------------------- remain outstanding (subject to the vesting and exercisability provisions provided herein) for a period of six (6) years beginning on the Date of Grant (the "Option Term").

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Samsonite Corp/Fl)

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