Common use of Term of Options and UARs Clause in Contracts

Term of Options and UARs. The term of each Option and UAR shall be stated in the Award Agreement, provided, that the term shall be no more than ten (10) years from the date of grant thereof.

Appears in 5 contracts

Samples: Retention Agreement (MPLX Lp), Retention Agreement (Marathon Petroleum Corp), Retention Agreement (MPLX Lp)

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