Common use of TERM; EXERCISE Clause in Contracts

TERM; EXERCISE. The term of this option is five (5) years commencing _____________ ____ ________, subject to earlier termination as provided in the Plan (the "Term"). This option is exercisable at anytime during the Term, subject to the terms of this option and the Plan. In no event may a fraction of a share of Common Stock be purchased under this option.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (MTR Gaming Group Inc)

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TERM; EXERCISE. The term of this option is shall be five (5) years commencing _____________ ____ ________February 24, 1999, subject to earlier termination as provided in the Plan (the "Term"). This option is exercisable at anytime during the Term, subject to the terms of this option and the Plan, including, but not limited to, approval by the Company's stockholders. In no event may a fraction of a share of Common Stock be purchased under this option.

Appears in 1 contract

Samples: 1999 Stock Incentive Plan Non Qualified Stock Option Contract (MTR Gaming Group Inc)

TERM; EXERCISE. The term of this option is five (5) years commencing ______________ ____ ___, ________, subject to earlier termination as provided in the Plan (the "Term"). This option is exercisable at anytime during the Term, subject to the terms of this option and the Plan. In no event may a fraction of a share of Common Stock be purchased under this option.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (MTR Gaming Group Inc)

TERM; EXERCISE. The term of this option is shall be five (5) years commencing _____________ ____ __, ______, subject to earlier termination as provided in the Plan (the "Term"). This option is exercisable at anytime during the Term, subject to the terms of this option and the Plan. In no event may a fraction of a share of Common Stock be purchased under this option.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (MTR Gaming Group Inc)

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TERM; EXERCISE. The term of this option is five (5) years commencing _____________ ____ ________September 19, 1997, subject to earlier termination as provided in the Plan (the "Term"). This option is exercisable at anytime during the Term, subject to the terms of this option and the Plan. In no event may a fraction of a share of Common Stock be purchased under this option.

Appears in 1 contract

Samples: Employee Stock Option Plan (MTR Gaming Group Inc)

TERM; EXERCISE. The term of this option is shall be five (5) years commencing from ___________________ ____ __, ______, subject to earlier termination as provided in the Plan (the "Term"). This option is exercisable at anytime during the Term, subject to the terms of this option and the Plan, including, but not limited to, approval by the Company's stockholders. In no event may a fraction of a share of Common Stock be purchased under this option.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (MTR Gaming Group Inc)

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