Common use of Term of Options and Limitations on Right to Exercise Clause in Contracts

Term of Options and Limitations on Right to Exercise. The term of the Option will be for a period of ten (10) years, expiring at 5:00 p.m., Eastern Time, on the tenth anniversary of the Grant Date (the “Expiration Date”). To the extent not previously exercised, the vested portion of your Option will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances:

Appears in 28 contracts

Samples: Stock Option Award Agreement (Ottawa Bancorp Inc), Stock Option Award Agreement (Ottawa Bancorp Inc), Stock Option Award Agreement (MB Bancorp Inc)

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Term of Options and Limitations on Right to Exercise. The term of the Option will be for a period of ten (10) years, expiring at 5:00 p.m., Eastern Time, on the tenth anniversary of the Grant Date (the "Expiration Date"). To the extent not previously exercised, the vested portion of your Option will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances:

Appears in 27 contracts

Samples: Non Statutory Stock Option Award Agreement (Fox Chase Bancorp Inc), Award Agreement (BCSB Bancorp Inc.), Award Agreement (North Penn Bancorp Inc)

Term of Options and Limitations on Right to Exercise. The term of the Option Options will be for a period of ten (10) eight years, expiring at 5:00 p.m., Eastern Mountain Time, on the tenth eighth anniversary of the Grant Date (the “Expiration Date”). To the extent not previously exercised, the vested portion of your Option Options will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances:

Appears in 7 contracts

Samples: Option Agreement (Micron Technology Inc), Restricted Stock Agreement (Micron Technology Inc), Restricted Stock Unit Agreement (Micron Technology Inc)

Term of Options and Limitations on Right to Exercise. The term of the Option Options will be for a period of ten (10) years, expiring at 5:00 p.m., Eastern Time, on the tenth anniversary of the Grant Date (the "Expiration Date"). To the extent not previously exercised, the vested portion of your Option Options will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances:

Appears in 6 contracts

Samples: Incentive Stock (Adams Respiratory Therapeutics, Inc.), Incentive Stock (Adams Respiratory Therapeutics, Inc.), Non Statutory (Adams Respiratory Therapeutics, Inc.)

Term of Options and Limitations on Right to Exercise. The term of the Option Options will be for a period of ten (10) years, expiring at 5:00 p.m., Eastern Time, on the tenth anniversary of the Grant Date (the “Expiration Date”). To the extent not previously exercised, the vested portion of your Option Options will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances:

Appears in 6 contracts

Samples: Non Statutory Stock Option (Global Payments Inc), Non Statutory Stock Option (Global Payments Inc), Global Payments Inc

Term of Options and Limitations on Right to Exercise. The term of the Option Options will be for a period of ten (10) years, expiring at 5:00 p.m., Eastern Time, on the tenth anniversary of the Grant Date (the "Expiration Date"). To the extent not previously exercised, the vested portion of your Option Options will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances:

Appears in 4 contracts

Samples: Incentive Stock Option Award Agreement (Provident Community Bancshares, Inc.), Restricted Stock Award Agreement (BV Financial, Inc.), Restricted Stock Award Agreement (FedFirst Financial CORP)

Term of Options and Limitations on Right to Exercise. The Option term of the Option will be for a period of ten (10) years, expiring at 5:00 p.m., Eastern Central Time, on the tenth anniversary of the Grant Date (the "Expiration Date"). To the extent not previously exercised, the vested portion of your Option Options will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances:

Appears in 1 contract

Samples: Stock Option Award Agreement (Ottawa Savings Bancorp, Inc.)

Term of Options and Limitations on Right to Exercise. The term of the Option will be for a period of ten (10) years, expiring at 5:00 p.m., Eastern Time, on the tenth anniversary of the Grant Date (the “Expiration Date”). To the extent not previously exercised, the vested portion of your Option will lapse prior twelve (12) months after the date of your death, if you die while employed. Upon your death, your beneficiary (designated pursuant to the Expiration Date upon the earliest to occur terms of the following circumstances:2008 Plan) may exercise your Option.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (PVF Capital Corp)

Term of Options and Limitations on Right to Exercise. The term of the Option Options will be for a period of ten (10) six years, expiring at 5:00 p.m., Eastern Mountain Time, on the tenth sixth anniversary of the Grant Date (the “Expiration Date”). To the extent not previously exercised, the vested portion of your Option Options will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances:

Appears in 1 contract

Samples: Option Agreement (Micron Technology Inc)

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Term of Options and Limitations on Right to Exercise. The term of the Option Options will be for a period of ten (10) 10 years, expiring at 5:00 p.m., Eastern Pacific Time, on the tenth anniversary of the Grant Date (the “Expiration Date”). To the extent not previously exercised, the vested portion of your Option Options will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances:

Appears in 1 contract

Samples: Option Agreement (Notify Technology Corp)

Term of Options and Limitations on Right to Exercise. The term of the Option Options will be for a period of ten (10) seven years, expiring at 5:00 p.m., Eastern Time, on the tenth seventh anniversary of the Grant Date (the “Expiration Date”). To the extent not previously exercised, the vested portion of your Option Options will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances:

Appears in 1 contract

Samples: PSS World Medical Inc

Term of Options and Limitations on Right to Exercise. The term of the Option Options will be for a period of ten (10) years, expiring at 5:00 p.m., Eastern Time, on the tenth anniversary of the Grant Date date of grant (the “Expiration Date”). To the extent not previously exercised, the vested portion of your Option Options will lapse prior to in accordance with the following provisions, as applicable (but in no event later than the Expiration Date upon the earliest to occur of the following circumstances:Date):

Appears in 1 contract

Samples: Special Nonstatutory Stock Option Agreement (Keryx Biopharmaceuticals Inc)

Term of Options and Limitations on Right to Exercise. The term of the Option will be for a period of ten (10) years, expiring at 5:00 p.m., Eastern Pacific Time, on the tenth anniversary of the Grant Date (the “Expiration Date”). To the extent not previously exercised, the vested portion of your Option will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances:

Appears in 1 contract

Samples: Stock Option Award Agreement (Coastal Financial Corp)

Term of Options and Limitations on Right to Exercise. The Option term of the Option will be for a period of ten (10) years, expiring at 5:00 p.m., Eastern Central Time, on the tenth anniversary of the Grant Date (the "Expiration Date"). To the extent not previously exercised, the vested portion of your Option Options will lapse prior to the Expiration Date upon the earliest to occur of the following circumstancesfollowing:

Appears in 1 contract

Samples: Incentive Stock Option Award Agreement (Ottawa Savings Bancorp, Inc.)

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