Terms and Exercise of Stock Option. (a) Unless otherwise determined by the Committee, each Stock Option shall terminate no later than ten (10) years (or such shorter term as may be fixed by the Committee) after the date on which it shall have been granted. The date of termination pursuant to this paragraph is referred to hereinafter as the “termination date” of the option.
Appears in 5 contracts
Samples: Stock Option Agreement (FriendFinder Networks Inc.), Stock Option Agreement (FriendFinder Networks Inc.), Stock Option Agreement (FriendFinder Networks Inc.)