Example ContractsClausesterm of optionIdentical
Term of Option
Term of Option contract clause examples

Term. The maximum term of each stock option granted to a Non-Employee Director hereunder shall be ten (10) years from the date the option is granted.

SQZ Biotechnologies Co (CIK 0001604477)
Source: SEC EDGAR database • Date: May 10, 2023 • SIC: 2836 • CIK: 2836

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.