Term of Options. Each Option granted to a Participant shall expire at such time as the Committee shall determine at the time of grant; provided, however, no Option shall be exercisable later than the tenth (10th) anniversary date of its grant.
Term of Options. EachOption. The term of an Option granted to a Participant shall expire at such time asbe determined by the Committee shall determine at the time of grant;Committee, in its sole discretion; provided, however, no Option shall be exercisable later than the tenth (10th) anniversary date of its grant.the Grant Date.
Duration of Options. Each Option granted to a Participant shall expire at such time as the Committee shall determine at the time of grant;grant (which duration may be extended by the Committee); provided, however, that no Option shall be exercisable later than the tenth (10th) anniversary date of its grant. In the event the Committee does not specify the expiration date of an Option, then such Option will expire on the tenth (10th) anniversary date of its grant, except as otherwise provided herein.
Duration of Options. Each Option granted to a Participant shall expire at such time as the Compensation Committee shall determine at the time of grant; provided, however, no Option shall be exercisable later than the tenth (10th) anniversary date of its grant. Notwithstanding the foregoing, for Options granted to Participants outside the United States, the Compensation Committee has the authority to grant Options that have a term greater than ten (10) years.
Exercise Term. Each Option granted toshall have a Participant shall expire at such time asTerm established by the Committee shall determine at the time of grant; provided, however,Committee, provided that no Option shall be exercisable later thanafter ten years from the tenth (10th) anniversary date of its grant.
Option Term. The term of Options. Eacheach Option granted to a Participant shall expire at such time asbe fixed by the Committee shall determine at the time of grant; provided, however,in its sole discretion; provided that no Option shall be exercisable later thanafter the tenth (10th) anniversaryexpiration of ten (10) years from the date of its grant.the Option is granted. The option term shall be measured from the Grant Date.
Option Term. The term of Options. Eacheach Option granted to a Participant shall expire at such time asbe fixed by the Committee shall determine at the time of grant; provided, however,Committee, but no Option shall be exercisable latermore than ten (10) years after the tenth (10th) anniversary date of its grant.the Option is granted.
Option Term. The term of Options. Eacheach Option granted to a Participant shall expire at such time asbe fixed by the Committee shall determine at the time of grant; provided, however,in its sole discretion; provided that no Option shall be exercisable later thanafter the tenth (10th) anniversaryexpiration of ten (10) years from the date the Option is granted, except in the event of its grant.death or disability.
DURATION OF OPTIONS. Each Option granted to a Participant shall expire at such time as the Committee shall determine at the time of grant; provided, however, nothat in the case of an Incentive Stock Option, an Employee may not exercise such Incentive Stock Option shall be exercisable laterafter the date which is ten years (five years in the case of a Participant who owns more than ten percent of the tenth (10th) anniversaryvoting power of the Company or a Subsidiary) after the date of its grant.on which such Incentive Stock Option is granted.
The maximum period in which an Option granted to a Participantmay be exercised shall expire at such time asbe determined by the Committee shall determine aton the timedate of grant; provided, however,grant, except that no Option shall be exercisable later thanafter the tenth (10th) anniversaryexpiration of ten years from the date such Option was granted (five years from the date such Option was granted in the event of its grant.an Incentive Stock Option granted to a Ten Percent Shareholder).
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.