One Year. Commencing one year after the Option Date, the Option may be exercised to the extent of an additional 33% of the Option Stock, plus the Option Stock as to which the right to exercise had previously accrued but had not been exercised.
Appears in 4 contracts
Sources: Non Qualified Stock Option Agreement (Bayou City Exploration, Inc.), Non Qualified Stock Option Agreement (Bayou City Exploration, Inc.), Non Qualified Stock Option Agreement (Bayou City Exploration, Inc.)