Common use of Termination Upon Expiration of Option Term Clause in Contracts

Termination Upon Expiration of Option Term. The Options shall terminate and expire in their entirety on the Option Expiration Date. In no event may Participant exercise the Options after the Option Expiration Date, even if the application of another provision of this Section 5 may result in an extension of the exercise period for the Options beyond the Option Expiration Date.

Appears in 27 contracts

Samples: Inducement Stock Option Award Agreement (AutoWeb, Inc.), Inducement Stock Option Award Agreement (AutoWeb, Inc.), Inducement Stock Option Award Agreement (AutoWeb, Inc.)

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Termination Upon Expiration of Option Term. The Options shall terminate and expire in their entirety on the Option Expiration Date. In no event may Participant Optionee exercise the Options after the Option Expiration Date, even if the application of another provision of this Section 5 may result in an extension of the exercise period for the Options beyond the Option Expiration Date.

Appears in 9 contracts

Samples: Inducement Stock Option Award Agreement (AutoWeb, Inc.), Inducement Stock Option Award Agreement (AutoWeb, Inc.), Inducement Stock Option Award Agreement (AutoWeb, Inc.)

Termination Upon Expiration of Option Term. The Options shall terminate and expire in their entirety on the Option Expiration Date. In no event case may Participant exercise the Options after the Option Expiration Date, even if the application of another provision of this Section 5 may result in an extension of the exercise period for the Options beyond the Option Expiration Date.

Appears in 1 contract

Samples: Employee Stock Option Award Agreement (Autobytel Inc)

Termination Upon Expiration of Option Term. The Options Option shall terminate and expire in their its entirety on the Option Expiration Date. In no event case may Participant exercise the Options this Option after the Option Expiration Date, even if the application of another provision of this Section 5 may result in an extension of the exercise period for the Options beyond the Option Expiration Date.

Appears in 1 contract

Samples: Employee Stock Option Award Agreement (Autobytel Inc)

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Termination Upon Expiration of Option Term. The Options Option shall terminate and expire in their its entirety on the Option Expiration Date. In no event case may Participant exercise the Options Option after the Option Expiration Date, even if the application of another provision of this Section 5 may result in an extension of the exercise period for the Options beyond the Option Expiration Date.

Appears in 1 contract

Samples: Non Employee Director Stock Option Award Agreement (Autobytel Inc)

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