Option Expiration Date definition

Option Expiration Date means the last day of the maximum term of an Option.

Option Expiration Date means the date ten (10) years after the Date of Option Grant.

Option Expiration Date means the date of expiration of the Option’s term as set forth in the Award Agreement.

Examples of Option Expiration Date in a sentence

• If you die after your Termination of Service but while the Option is still exercisable, the vested portion of the Option may be exercised until the earlier of (x) one year after the date of death and (y) the Option Expiration Date.

• If your employment or service with the Participating Company Group terminates for any reason other than death, Disability, Retirement or Cause, (i) the unvested portion of the Option shall terminate and be forfeited immediately, and (ii) any Vested Shares not previously exercised may be exercised by you prior to the earlier of (x) the ninetieth (90th) day after the date on which your employment or service terminates and (y) the Option Expiration Date.

• You must exercise the vested portion of the Option on or before the earlier of (i) three months after your Termination of Service and (ii) the Option Expiration Date.

• If, prior to the Option Expiration Date, you incur a Retirement, and the Option was granted within a year prior to the Retirement, then 25% of the shares of Stock subject to the Option shall become vested one year after the Date of Grant and the Option shall be forfeited with respect to the remaining 75% of the shares of Stock.

• If, prior to the Option Expiration Date, your employment or service with the Participating Company Group terminates by reason of death or Disability, the Option shall be fully vested with respect to all shares of Stock subject to the Option and then outstanding as of the date of death or Disability and shall be exercisable through the Option Expiration Date, subject to Section 6.

More Definitions of Option Expiration Date

Option Expiration Date means the date determined by Committee which shall not be more than ten years after the date of grant of an Option.

Option Expiration Date means the date ten years after the Date of Option Grant.

Option Expiration Date means the ninth anniversary of the date of this Agreement.

Option Expiration Date means the date seven (7) years after the Date of Option Grant.

Option Expiration Date means the date five (5) years after the Date of Option Grant.

Option Expiration Date means the date listed under the heading “Expiration” in the Grant Notice.

Option Expiration Date means, with respect to a specific Option, the expiration date of such Option as specified in the grant agreement or the plan (as applicable) relating thereto.