Common use of Term of Award Clause in Contracts

Term of Award. (a) The Term of the Award shall be for a period of five (5) years from the effective date hereof, subject to earlier termination as hereinafter provided; and (b) prior to its expiration or termination the Award may be exercised as to any part or all of the Shares originally subject to the Option.

Appears in 4 contracts

Samples: Employment Agreement (Pomeroy It Solutions Inc), Award Agreement (Pomeroy Computer Resources Inc), Award Agreement (Pomeroy Computer Resources Inc)

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Term of Award. (a) The Term of the Award shall be for a period of (a) five (5) years from the effective date hereof, subject to earlier termination as hereinafter provided; and and (b) prior to its expiration or termination the Award may be exercised as to any part or all of the Shares originally subject to the Option.

Appears in 1 contract

Samples: Employment Agreement (Pomeroy Computer Resources Inc)

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