Common use of Timing of Exercise Clause in Contracts

Timing of Exercise. The Optionee or the guardian, executor, administrator or other legal representative (each a "Legal Representative") of the Optionee (all references herein to "Optionee" being deemed to include the Optionee's Legal Representative, if any, unless the context otherwise requires) may exercise the Option, in whole or in part, at any time or from time to time, but only to the extent the Option is exercisable at such time.

Appears in 2 contracts

Samples: Department 56 Inc, Department 56 Inc

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Timing of Exercise. The Optionee or the guardian, executor, administrator or other legal representative (each a "Legal Representative") of the Optionee (all references herein to "Optionee" being deemed to include the Optionee's ’s Legal Representative, if any, unless the context otherwise requires) may exercise the Option, in whole or in part, at any time or from time to time, but only to the extent the Option is exercisable at such time.

Appears in 2 contracts

Samples: Stock Option Agreement (Lenox Group Inc), Stock Option Agreement (Department 56 Inc)

Timing of Exercise. The Optionee or the guardian, executor, administrator or other legal representative (each a "Legal Representative") of the Optionee (all references herein to "Optionee" being deemed to include the Optionee's Legal Representative, if any, unless the context otherwise requires) may exercise the Option, in whole or in part, at any time or from time to time, but only to the extent the Option is exercisable at such time.

Appears in 1 contract

Samples: Lenox Group Inc

Timing of Exercise. The Optionee or the guardian, executor, administrator or other legal representative (each a "Legal Representative") of the Optionee (all references herein to "Optionee" being deemed to include the Optionee's Legal Representative, if any, unless the context otherwise requires) may exercise the Option, in whole or in part, at any time or from time to time, but only to the extent the Option is exercisable at such time.

Appears in 1 contract

Samples: Stock Option Agreement (Clinton Group Inc)

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Timing of Exercise. The Optionee or the guardian, executor, administrator or other legal representative (each a "Legal Representative") of the Optionee (all references herein to "Optionee" being deemed to include the Optionee's Legal Representative, if any, unless the context otherwise requires) may exercise the Option, in whole or in part, at any time or from time to time, but only to the extent the Option is has become exercisable pursuant to Section 2.1 or 2.3 at such timethe time of the proposed exercise.

Appears in 1 contract

Samples: Stock Option Agreement (Department 56 Inc)

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