Vesting and Exercisability of Option. The Option may be exercised and Shares may be purchased by the Participant as the result of such exercise only during the term or terms set forth on Exhibit A attached hereto; provided, however, that in no event shall the total number of Shares purchased hereunder pursuant to the exercise of the Option exceed the number set forth on Exhibit A attached hereto, as the same may be adjusted in accordance with the Plan.
Appears in 3 contracts
Samples: Non Qualified Stock Option Award Agreement (Atrion Corp), Non Qualified Stock Option Award Agreement (Atrion Corp), Non Qualified Stock Option Agreement (Atrion Corp)
Vesting and Exercisability of Option. The Option may be exercised and Shares may be purchased by the Participant as the result of such exercise only during the term or terms set forth on Exhibit A attached hereto; provided, however, that in no event shall the total number of Shares purchased hereunder pursuant to the exercise of the Option exceed the number set forth on Exhibit A attached hereto, as the same may be adjusted in accordance with the Plan, and in no event shall the period for exercising the Option exceed ten (10) years from the date of the grant of the Option.
Appears in 2 contracts
Samples: Incentive Stock Option Award Agreement (Atrion Corp), Incentive Stock Option Agreement (Atrion Corp)
