Common use of Termination of Unexercised Options Clause in Contracts

Termination of Unexercised Options. If any portion of the Option is not exercised by the earlier of: (i) the end of the applicable period specified in Sections 5.1, 5.2 or 5.3 or (ii) the Expiration Date, any such unexercised portion and all of Optionee’s rights with respect thereto shall terminate.

Appears in 10 contracts

Samples: Nonstatutory Stock Option Agreement (Leidos Holdings, Inc.), Executive Employment Agreement (Leidos Holdings, Inc.), Nonstatutory Stock Option Agreement (Science Applications International Corp)

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Termination of Unexercised Options. If any portion of the Option is not exercised by the earlier of: (i) the end of the applicable period specified in Sections Section 5.1, 5.2 5.2, 5.3, 5.4, 5.5 or 5.3 5.6; or (ii) the Expiration Dateexpiration of this Option, any such unexercised portion and all of Optionee’s rights with respect thereto shall terminate. In no event shall this Option or any portion thereof be exercisable beyond the five (5) year term stated in Section 3.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Science Applications International Corp), Science Applications International Corp

Termination of Unexercised Options. If any portion of the Option is not exercised by the earlier of: (i) the end of the applicable period specified in Sections 5.1, 5.1 or 5.2 or 5.3 or (ii) the Expiration Date, any such unexercised portion and all of Optionee’s rights with respect thereto shall terminate.February 2011 3

Appears in 2 contracts

Samples: Stock Option Agreement, Nonstatutory Stock Option Agreement (SAIC, Inc.)

Termination of Unexercised Options. If any portion of the Option is not exercised by the earlier of: (i) the end of the applicable period specified in Sections 5.1, 5.1 or 5.2 or 5.3 or (ii) the Expiration Date, any such unexercised portion and all of Optionee’s rights with respect thereto shall terminate.. November 2009 3

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (SAIC, Inc.)

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Termination of Unexercised Options. If any portion of the Option is not exercised by the earlier of: (i) the end of the applicable period specified in Sections 5.1, 5.1 or 5.2 or 5.3 or (ii) the Expiration Date, any such unexercised portion and all of Optionee’s rights with respect thereto shall terminate.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Leidos, Inc.)

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