Option Term. The term of each Stock Option shall be fixed by the Administrator, but no Stock Option shall be exercisable more than ten years after the date the Stock Option is granted.
Option Term. The term of eacha Stock Option shall be fixeddetermined by the Administrator, butAdministrator at the time of grant and set forth in the applicable option agreement, provided, however, that no Stock Option shall be exercisable more than ten10 years after the date that the Stock Option is granted.granted (or more than five years after the date that the Stock Option is granted in the case of an Incentive Stock Option granted to an individual who is a Ten Percent Holder).
Stock Option Term. The term of each Stock Option shall be fixed by the Administrator, but no Stock Option shall be exercisable more than ten years after the date the Stock Option is granted. In the case of an Incentive Stock Option that is granted to a Ten Percent Owner, the term of such Stock Option shall be no more than five years from the date of grant.
Each option shall be exercisable more thanat such time or times, during such period and for such number of shares as shall be determined by the Plan Administrator and set forth in the documents evidencing the option. However, no option shall have a term in excess of ten (10) years aftermeasured from the date the Stock Option is granted.option grant date.
Option Term. The term of each Stock Option (“Option Term”) shall be fixeddetermined by the Administrator, but no Stock Option shall be exercisable more thanCommittee at the time of grant and may not exceed ten years afterfrom the date the Stock Option is granted.
Option Term. The term of each Stock Option shall be fixed by the Administrator,Committee, but no Stock Option shall be exercisable more than ten (10) years after the date the Stock Option is granted.
Option Term. The maximum term of each Stock Option shall be fixed by the Administrator, but no Stock Option shall be exercisable more than ten (10) years after the date the Stocksuch Option is granted. Each Option’s term is subject to earlier expiration pursuant to the applicable provisions in the Plan and the Award Agreement. Notwithstanding the foregoing, subject to [Section 4(d)] of the Plan, the Administrator shall have the authority to accelerate the exercisability of any outstanding Option at such time and under such circumstances as the Administrator, in its sole discretion, deems appropriate.
Option Term. The term of each Stock Option shall be fixedset by the Administrator, but no Stock OptionAdministrator in its sole discretion; provided, however, that the term shall not be exercisable more than ten (10) years afterfrom the date the Option is granted, or five (5) years from the date an Incentive Stock Option is granted.granted to a Greater Than 10% Stockholder. The Administrator shall determine the time period, including the time period following a Termination of Service, during which the Participant has the right to exercise the vested Options, which time period may not extend beyond the stated term of the Option. Except as limited by the requirements of [Section 409A] or Section 422 of the Code, the Administrator may extend the term of any outstanding Option, and may extend the time period during which vested Options may be exercised, in connection with any Termination of Service of the Participant, and may amend any other term or condition of such Option relating to such a Termination of Service.
Option Term. Any unexercised portion of a Stock Option granted hereunder shall expire at the end of the stated term of the Stock Option. The Committee shall determine the term of each Stock Option at the time of grant, which term shall not exceed 10 years from the Date of Grant. The Committee may extend the term of a Stock Option, in its discretion, but not beyond the date immediately prior to the tenth anniversary of the original Date of Grant. If a definite term is not specified by the Committee at the time of grant, then the term is deemed to be 10 years. Nothing in this [Section 5.2(b)] shall be fixed byconstrued as limiting the Administrator, but noCommittee’s authority to grant Stock Option shall be exercisable moreOptions with a term shorter than ten years after the date the Stock Option is granted.10 years.
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