Common use of Expiration of the Option Clause in Contracts

Expiration of the Option. The Option will expire at the earlier of (i) 11:59 p.m. Eastern Standard Time on January 7, 2020, being the tenth anniversary of the Grant Date or (ii) 12 months after the date on which the Optionee ceases to be employed by the Employer for any reason.

Expiration of the Option. The Option will expire at the earlier of (i) 11:59 p.m. Eastern Standard Time on January 7, 2020, being the tenth anniversary of the Grant Date or (ii) 12 months after the date on which the Optionee ceases to be employed by the Employer for any reason.

Expiration of the Option. The Option will expire at the earlier of (i) 11:59 p.m. Eastern Standard Time on January 7May 10, 2020, being the tenth anniversary of the Grant Date or (ii) 12 months after the date on which the Optionee ceases to be employed by the Employer for any reason.