Common use of Termination of Option Period Clause in Contracts

Termination of Option Period. The unexercised portion of each ---------------------------- Option granted under this ARTICLE EIGHT as to any Optionee shall automatically and without notice terminate and become null and void at the time of the earliest to occur of the following:

Appears in 2 contracts

Samples: Option and Shareholder's Agreement (Ryder TRS Inc), S Agreement (Ryder TRS Inc)

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Termination of Option Period. The unexercised portion of each an Option ---------------------------- Option granted under this ARTICLE EIGHT as to any Optionee shall automatically and without notice terminate and become null and void at the time of and be forfeited upon the earliest to occur of the following:

Appears in 1 contract

Samples: Stock Option Agreement (Intercept Group Inc)

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Termination of Option Period. The unexercised portion of ---------------------------- each ---------------------------- Option granted under this ARTICLE EIGHT as to any Optionee shall automatically and without notice terminate and become null and void at the time of the earliest to occur of the following:

Appears in 1 contract

Samples: Option and Shareholder's Agreement (Ryder TRS Inc)

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