Common use of Maximum Exercise Period Clause in Contracts

Maximum Exercise Period. Notwithstanding any provision of this ----------------------- Agreement to the contrary, the Options shall expire no later than ten (10) years from the date hereof or five (5) years if, as of the date hereof, the Optionee owns or is considered to own by reason of Code Section 425(d) more than ten percent (10%) of the total combined voting power of all classes of stock of the Corporation or any Subsidiary or parent corporation of the Corporation.

Maximum Exercise Period. Notwithstanding any provision of this ----------------------- Agreement to the contrary, the Options shall expire no later than ten (10) years from the date hereof or five (5) years if, as of the date hereof, the Optionee owns or is considered to own by reason of Code Section 425(d) more than ten percent (10%) % of the total combined voting power of all classes of stock of the Corporation or any Subsidiary or parent corporation of the Corporation.