Common use of Terms of Options Clause in Contracts

Terms of Options. This Option is granted in connection with the Optionee's employment by the Company. Subject to provisions contained elsewhere in this Agreement, the Option may be exercised cumulatively as set forth below after the vesting date set forth below, until the day preceding the tenth anniversary of the date hereof (the "Termination Date"): VESTING DATE NUMBER OF OPTIONS

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Lithium Technology Corp), Incentive Stock Option Agreement (Lithium Technology Corp)

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Terms of Options. This Option is granted in connection with the Optionee's employment by the Company. Subject to provisions contained elsewhere in this Agreement, the Option may be exercised cumulatively as set forth below after the vesting date set forth below, until the day preceding the tenth anniversary of the date hereof (the "Termination Date"): VESTING DATE NUMBER OF OPTIONS

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Consolidated Capital of North America Inc), Non Qualified Stock Option Agreement (Consolidated Capital of North America Inc)

Terms of Options. This Option is granted in connection with the Optionee's employment by the Company. Subject to provisions contained elsewhere in this Agreement, the Option may be exercised cumulatively as set forth below after the vesting date set forth below, until the day preceding the tenth anniversary of the date hereof (the "Termination Date"): ); provided, however, that no Options may be exercised until sufficient shares are available for issuance by the Company through an amendment to the Company's Certificate of Incorporation or otherwise: VESTING DATE NUMBER OF OPTIONSOPTIONS -------------- -----------

Appears in 1 contract

Samples: Incentive Stock Option Agreement (U.S. Helicopter CORP)

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Terms of Options. This Option is granted in connection with the Optionee's employment by the Company. Subject to provisions contained elsewhere in this Agreement, the Option may be exercised cumulatively as set forth below after the vesting date set forth below, until the day preceding the tenth [tenth][fifth] anniversary of the date hereof (the "Termination Date"): VESTING DATE NUMBER OF OPTIONS

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Consolidated Capital of North America Inc)

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