Common use of TERMINATION OF OPTION TERM Clause in Contracts

TERMINATION OF OPTION TERM. The Option Term specified in Paragraph 3 shall terminate (and this Option shall cease to be exercisable) earlier than the Expiration Date should one of the following provisions become applicable:

Appears in 2 contracts

Samples: Jeanty Roger O, Jeanty Roger O

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TERMINATION OF OPTION TERM. The Option Term option term specified in Paragraph 3 2 shall terminate (and this Option option shall cease to be exercisable) earlier than prior to the Expiration Date should one any of the following provisions become applicable:

Appears in 1 contract

Samples: Stock Option Agreement (Tellabs Inc)

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TERMINATION OF OPTION TERM. The Option Term option term specified in Paragraph 3 shall Section 1 will terminate (and this Option shall option will cease to be exercisable) earlier than prior to the Expiration Date should one of the following provisions become applicable:

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Xoma Corp /De/)

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