Common use of Period of Continuous Service Clause in Contracts

Period of Continuous Service. Option Which May Be After Date of Grant of Option Exercised ----------------------------- ------------------- Six (6) months and one day 100% The shares of Common Stock available for exercise may be purchased, subject to the provisions hereof, at any time and from time to time after they become exercisable and prior to the expiration of the Option as specified at Section 2.6 hereof.

Appears in 2 contracts

Sources: Director Stock Option Agreement (PCC Group Inc), Director Stock Option Agreement (PCC Group Inc)