Common use of Term of Option Clause in Contracts

Term of Option. The term of the Option over which the Option may be exercised shall commence on the Grant Date and, subject to the provisions of Section 3(b) below, shall terminate five years thereafter.

Appears in 29 contracts

Samples: Nonqualified Stock Option Agreement (Axiom Oil & Gas Corp.), Incentive Stock Option Agreement (Organa Gardens International), Incentive Stock Option Agreement (Organa Gardens International)

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Term of Option. The term of the Option over which the Option may be exercised shall commence on the Grant Date and, subject to the provisions of Section 3(b) below, shall terminate five ten years thereafter.

Appears in 8 contracts

Samples: Director Agreement (eCrypt Technologies, Inc.), Nonqualified Stock Option Agreement (Axiom Gold & Silver Corp), Nonqualified Stock Option Agreement (TC Power Management Corp.)

Term of Option. The term of the Option over which the Option may be exercised shall commence on the Grant Date and, subject to the provisions of Section 3(b) below, shall terminate five 5 years thereafter.

Appears in 7 contracts

Samples: Nonqualified Share Option Agreement (Algae Dynamics Corp.), Nonqualified Share Option Agreement (Algae Dynamics Corp.), Nonqualified Share Option Agreement (Algae Dynamics Corp.)

Term of Option. The term of the Option over which the Option may be exercised shall commence on the Grant Date and, subject to the provisions of Section 3(b) below, shall terminate five years thereafter.. c.

Appears in 7 contracts

Samples: Incentive Stock Option Agreement (Organa Gardens International), Incentive Stock Option Agreement (Legacy Wine & Spirits International Ltd.), Incentive Stock Option Agreement (Golden Spirit Enterprises Ltd.)

Term of Option. The term of the Option over which the Option may be exercised shall commence on the Grant Date and, subject to the provisions of Section 3(b) below, shall terminate five 5 years thereafter.

Appears in 6 contracts

Samples: Stock Option Agreement (Liberty Silver Corp), Stock Option Agreement (Liberty Silver Corp), Stock Option Agreement (Liberty Silver Corp)

Term of Option. The term of the Option over which the Option may be exercised shall commence on the Grant Date and, subject to the provisions of Section 3(b) below, shall terminate five tens years thereafter.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Bravatek Solutions, Inc.), Nonqualified Stock Option Agreement (Bravatek Solutions, Inc.), Nonqualified Stock Option Agreement (Bravatek Solutions, Inc.)

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Term of Option. The term of the Option over which the Option may be exercised shall commence on the Grant Date and, subject to the provisions of Section 3(b) 3.b below, shall terminate five ten years thereafter. The Option shall not be exercisable after the end of the term of the Option.

Appears in 1 contract

Samples: Stock Option Agreement (Maui Land & Pineapple Co Inc)

Term of Option. The term of the Option over which the Option may be exercised shall commence on the Grant Date and, subject to the provisions of Section 3(b) 3.b below, shall terminate five ten years thereafter. The Option shall not be exercisable after the term of the Option.

Appears in 1 contract

Samples: Stock Option Agreement (Bank of Hawaii Corp)

Term of Option. The term of the Option over which the Option may be exercised shall commence on the Grant Date and, subject to the provisions of Section 3(b) below, shall terminate five three (3) years thereafterafter the vesting date.

Appears in 1 contract

Samples: Stock Option Agreement (CleanTech Innovations, Inc.)

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