Common use of Termination of Options Clause in Contracts

Termination of Options. (a) Unless an earlier termination date occurs as specified in this Section 3, the Options will expire and become unexercisable (whether or not then exercisable) on the tenth (10th) anniversary of the Effective Date (the “Expiration Date”).

Appears in 3 contracts

Samples: Stock Option and Restricted Stock (Document Sciences Corp), Stock Option and Restricted Stock (Document Sciences Corp), Stock Option Plan and Agreement (Diedrich Coffee Inc)

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Termination of Options. (a) i. Unless an earlier termination date occurs as specified in this Section 3Agreement, the Options will expire and become unexercisable un-exercisable (whether or not then exercisable) on the tenth (10thtwentieth(20th) anniversary of the Effective Date (the “Expiration Date”).

Appears in 3 contracts

Samples: Employment Agreement With Stock Options, Employment Agreement, Employment Agreement

Termination of Options. (a) Unless an earlier termination date occurs as specified in this Section 34(b), the Options will expire and become unexercisable (whether or not then exercisable) on the tenth (10th) anniversary of the Effective Date date hereof (the “Expiration Date”"EXPIRATION DATE").

Appears in 2 contracts

Samples: Non Employee Director Stock Option Plan and Agreement (Diedrich Coffee Inc), Non Employee Director Stock Option Plan and Agreement (Diedrich Coffee Inc)

Termination of Options. (a) Unless an earlier termination date occurs as specified in this Section 34(b), the Options will expire and become unexercisable (whether or not then exercisable) on the tenth fifth (10th5th) anniversary of the Effective Date date hereof (the “Expiration Date”"EXPIRATION DATE").

Appears in 2 contracts

Samples: Stock Option Plan and Agreement (Diedrich Coffee Inc), Stock Option Plan and Agreement (Diedrich Coffee Inc)

Termination of Options. (a) Unless an earlier termination date occurs as specified in this Section 34(b), the Options will expire and become unexercisable (whether or not then exercisable) on the tenth (10th) anniversary of the Effective Date (the “Expiration Date”"EXPIRATION DATE").

Appears in 1 contract

Samples: Stock Option Plan and Agreement (Diedrich Coffee Inc)

Termination of Options. (a) Unless an earlier termination date occurs as specified elsewhere in this Section 3, the Options will shall expire and become unexercisable (whether or not then exercisable) on the tenth (10th) anniversary of the Effective Date (the “Expiration Date”).

Appears in 1 contract

Samples: Stock Option Agreement (Diedrich Coffee Inc)

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Termination of Options. (a) i.Unless an earlier termination date occurs as specified in this Section 3Agreement, the Options will expire and become unexercisable un-exercisable (whether or not then exercisable) on the tenth (10thtwentieth(20th) anniversary of the Effective Date (the “Expiration Date”).

Appears in 1 contract

Samples: Employment Agreement

Termination of Options. (a) Unless an earlier termination date occurs as specified in this Section 3, the Options will expire and become unexercisable (whether or not then exercisable) on the tenth (10th) anniversary of the Effective Date (the "Expiration Date").

Appears in 1 contract

Samples: Tectonics Corporation Stock Option Agreement (Environmental Tectonics Corp)

Termination of Options. (a) Unless an earlier termination date occurs as specified in this Section 35(b) herein, the Options will expire and become unexercisable (whether or not then exercisable) on the tenth (10th) anniversary of the Effective Date date hereof (the “Expiration Date”"EXPIRATION DATE").

Appears in 1 contract

Samples: Diedrich Coffee Inc

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